Federal Home Loan Mortgage Corporation

News and overview for Federal Home Loan Mortgage Corporation

Chicopee Bancorp, Inc. Reports Third Quarter Results [Press Release]
Business Wire | 25 days 5 hours 27 minutes ago
Chicopee Bancorp, Inc. (the “Company”) (NASDAQ - CBNK), the holding company for Chicopee Savings Bank (the “Bank”), announced the results of operations for the three and nine months ended September 30, 2009.


Fidelity D & D Bancorp, Inc. Third Quarter 2009 Financial Results [Press Release]
PRNewswire | 24 days 20 hours 39 minutes ago
DUNMORE, Pa., Oct. 29 /PRNewswire-FirstCall/ -- Fidelity D & D Bancorp, Inc.


/C O R R E C T I O N -- Fidelity D & D Bancorp, Inc./ [Press Release]
PRNewswire | 24 days 2 hours 59 minutes ago
In the news release, Fidelity D & D Bancorp, Inc. Third Quarter 2009 Financial Results, issued 29-Oct-2009 by Fidelity D & D Bancorp, Inc. over PR Newswire, we are advised by the company that in the Selected Financial Ratios and Other Data table, under Other data, Book value per share, column Dec. 31, 2008, the number should read "$23.73" rather than "$2,008.00," as originally issued inadvertently. The complete, corrected release follows:


Text of Bernanke s Speech to Economic Club of New York
Wall Street Journal, The | 7 days 2 hours 40 minutes ago
Chairman Ben S. Bernanke At the Economic Club of New York, New York, New York November 16, 2009 On the Outlook for the Economy and Policy When I last spoke at the Economic Club of New York a little more than a year ago, the financial crisis had just taken a much more virulent turn


Irwin Financial Corporation Announces Second Quarter 2009 Results [Press Release]
PRNewswire | 110 days 8 hours 57 minutes ago
...exposures including loan repurchase risk...or residential mortgage lending), loan delinquencies...effects on the Corporation's balance sheet...collectability of our loan and lease assets...of residential mortgage, home equity, or other...


ESSA Bancorp, Inc. Announces Fourth Quarter and Full Year Operating Results for 2009 [Press Release]
Business Wire | 23 days 23 hours 58 minutes ago
ESSA Bancorp, Inc. (the “Company”) (NASDAQ Global MarketSM “ESSA”) the holding company for ESSA Bank & Trust (the “Bank”) today announced its operating results for the three months and year ended September 30, 2009. The Company reported net income of $1.4 million, or $0.11 per diluted share, for the three months ended September 30, 2009, as compared to net income of $760,000, or $0.05 per diluted share, for the corresponding 2008 period. For the year ended September 30, 2009, the Company repo...


Wilmington Trust Announces 2009 Third Quarter Results [Press Release]
Business Wire | 31 days 8 hours 58 minutes ago
Wilmington Trust Corporation (NYSE:WL) reported a loss of $5.9 million, or $0.15 per diluted common share, for the third quarter of 2009. Earnings for the quarter were offset by $38.1 million of losses on securities in the company’s investment portfolio. On an after-tax basis, these securities losses reduced net income by approximately $23.6 million and earnings by approximately $0.34 per diluted common share.


FirstFed Reports Preliminary Results for the Third Quarter of 2009 [Press Release]
Business Wire | 23 days 8 hours 28 minutes ago
FirstFed Financial Corp. (OTC:FFED.PK), parent company of First Federal Bank of California, today announced preliminary results for the third quarter of 2009. Non-performing assets (NPAs) as of September 30, 2009 have dropped $78.5 million from June 30, 2009. Loans delinquent less than ninety days at September 30, 2009 have declined to $74.7 million from their peak of $262.0 million in February of this year. Only $7.5 million of the shorter term delinquencies as of September 30, 2009 were pas...


Text of Bernanke speech
MarketWatch | 5 days 21 hours 3 minutes ago
Here is the prepared text of a speech by Federal Reserve Chairman Ben Bernanke in New York on Monday, as released by the Fed. See full story on the speech.


GMAC Financial Services Reports Preliminary Third Quarter 2009 Financial Results [Press Release]
PRNewswire | 19 days 1 hour 58 minutes ago
NEW YORK, Nov. 4 /PRNewswire/ -- GMAC Financial Services today reported a third quarter 2009 net loss of $767 million, compared to a net loss of $2.5 billion in the third quarter of 2008. Results in the quarter were adversely affected by losses related to legacy assets in the mortgage operations.


M.D.C. Holdings Announces Third Quarter 2009 Results [Press Release]
PRNewswire | 24 days 5 hours 58 minutes ago
...on providing low mortgage interest rates...opportunity to close on a home prior to the impending expiration of the federal homebuyer tax credit...to personalize the home at one of our Home...to a decrease in mortgage-related issues...reserves for mortgage loan losses, compared...


First Internet Bancorp Announces Third Quarter Earnings [Press Release]
Business Wire | 19 days 4 hours 3 minutes ago
First Internet Bancorp (“Bancorp”), the parent company of First Internet Bank of Indiana (“Bank”), today announced a net loss of $208,806 for the quarter ended September 30, 2009, resulting in a year-to-date net loss of $154,504.


Pacific Continental Reports Third Quarter 2009 Results [Press Release]
PRNewswire | 46 days 25 minutes ago
EUGENE, Ore., Oct. 8 /PRNewswire-FirstCall/ -- Pacific Continental Corporation


Arrow Reports Third Quarter Operating Results [Press Release]
PRNewswire | 34 days 23 hours 8 minutes ago
...investment portfolio. Mortgage-backed securities...private-label mortgage-backed securities...non-traditional mortgage loans. Our commercial...indirect consumer loan portfolios experienced...identified in the Federal Reserve Bank's...Arrow Financial Corporation is a multi-bank...


Southwest Georgia Financial Corporation Announces Earnings per Share of $0.18 for the Third Quarter of 2009 [Press Release]
Business Wire | 27 days 22 hours 57 minutes ago
Southwest Georgia Financial Corporation (NYSE Amex: SGB), a full service community bank holding company, today reported net income of $467 thousand, or $0.18 per diluted share, for the third quarter of 2009, up from a net loss of $2.67 million, or $1.05 per diluted share, for the third quarter of 2008. Reductions in salary and employee benefits of $264 thousand, or 13%, in the recent quarter helped to offset the effect of a $140 thousand provision for loan loss. Last year’s third quarter resu...





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217 Results

Company Overview


Company: Federal Home Loan Mortgage Corporation
Industry: Mortgage Banking & Related Services
Website: http://www.freddiemac.com

Freddie Mac (officially the Federal Home Loan Mortgage Corporation) is a government-sponsored enterprise that, along with its sister agency the Federal National Mortgage Association (Fannie Mae), creates liquidity in the residential mortgage market by guaranteeing, purchasing, securitizing, and investing in home loans. The company buys conventional residential mortgages from mortgage bankers, mitigating risk and letting them provide mortgages to those who otherwise wouldn't qualify. It also provides assistance for affordable rental housing. In September 2008 the government seized the company, crippled by the mortgage crisis, in one of the largest government interventions in business since the Great Depression.


Key Numbers

Sales in U.S. Dollars (mil.) -22,379 (2008)
One-year % Growth in Sales 0.0 (2008)
Net Income in U.S. Dollars (mil.) -50,119 (2008)
One-year % Growth in Net Income 0.0 (2008)
Number of Employees 5,012 (2008)
One-year % Growth in Number of Employees 0.2 (2008)
Fiscal Year-End December