Federal Home Loan Mortgage Corporation
News and overview for Federal Home Loan Mortgage Corporation
First BancTrust Corporation Reports Second Quarter Results and Declares Quarterly Cash Dividend [Press Release]
PRNewswire | 109 days 3 hours 31 minutes ago
...view First BancTrust Corporation's security quotes...First BancTrust Corporation Selected Financial Information...Net of Allowance for Loan Losses of $3,705...277,824 265,248 Federal Home Loan Bank Advances 59,000...
Parke Bancorp, Inc. Announces Second Quarter Earnings [Press Release]
PRNewswire | 108 days 18 hours 1 minute ago
...Collateralized Mortgage Obligations...real estate mortgage loans increased...allowance for loan and lease losses...borrowings from the Federal Home Loan Bank by $9...amount by the Federal Deposit Insurance Corporation (FDIC). Parke...
FSB Community Bankshares, Inc. Announces Third Quarter Results [Press Release]
PRNewswire | 25 days 12 hours 53 minutes ago
...primarily as a result of mortgage loan sales in the secondary...million of fixed-rate mortgage loans in the current...borrowings in the form of Federal Home Loan Bank advances decreased...federally chartered corporation. The Bank conducts...
Alliance Financial Announces Quarterly Earnings [Press Release]
PRNewswire | 40 days 14 hours 32 minutes ago
...Financial Corporation ("Alliance...Residential mortgage originations...Indirect auto loan balances...credit of the federal government...41,421 Federal funds sold...Financial Corporation Consolidated...21,172 Federal funds sold...149 Federal Home Loan Bank of NY...
Citizens South Banking Corporation Announces Third Quarter Results [Press Release]
PRNewswire | 35 days 14 hours 32 minutes ago
...gains in selective loan categories as a...for low interest mortgage loans. The strong...Citizens South Banking Corporation, and shares of...688 Allowance for loan losses (9,499...2,317 2,609 Federal Home Loan Bank stock, at...
Southern Community Financial Corporation Announces Results for the Third Quarter 2009 [Press Release]
MarketWire | 32 days 14 hours 27 minutes ago
WINSTON-SALEM, NC -- (Marketwire) -- 10/22/09 -- Southern Community Financial Corporation (NASDAQ: SCMF) (NASDAQ: SCMFO), the holding company for Southern Community Bank and Trust, today reported third quarter 2009 results.
West Coast Bancorp Raises $155 Million in Capital Through Private Placements and Announces Q3 Financial Results [Press Release]
PRNewswire | 28 days 22 hours 32 minutes ago
LAKE OSWEGO, Ore., Oct. 26 /PRNewswire-FirstCall/ -- West Coast Bancorp
BANK OF MONTREAL - BMO Financial Group Reports Strong 4th Quarter Results [Press Release]
PRNewswire | 1 minute ago
BMO Financial Group Reports Strong Fourth Quarter Results
Capital One Reports Third Quarter Net Income of $425.6 million, or $0.94 per share [Press Release]
PRNewswire | 32 days 14 hours 27 minutes ago
MCLEAN, Va., Oct. 22 /PRNewswire-FirstCall/ --
Bank of America Announces Third-Quarter Net Loss of $1.0 Billion [Press Release]
PRNewswire | 38 days 23 hours 32 minutes ago
CHARLOTTE, N.C., Oct. 16 /PRNewswire-FirstCall/ --
Seacoast Reports Results for Third Quarter 2009 [Press Release]
PRNewswire | 25 days 10 hours 4 minutes ago
STUART, Fla., Oct. 29 /PRNewswire-FirstCall/ -- Seacoast Banking Corporation of Florida
People's United Financial Reports Third Quarter Earnings of $27 Million or $0.08 Per Share [Press Release]
PRNewswire | 39 days 14 hours 31 minutes ago
BRIDGEPORT, Conn., Oct. 15 /PRNewswire-FirstCall/ -- People's United Financial, Inc.
Washington Mutual's failure is a road map for how to protect consumers
Seattle Times, The | 24 days 17 hours 27 minutes ago
SINCE the failure of Washington Mutual last year, we've learned a lot about the exploitative mortgage-lending practices of the nation's largest thrift, a corporation headquartered in Seattle, one of our community's leading employers, and a favorite investment of many locals.
Danvers Bancorp, Inc. Reports Results for the Three and Nine Months Ended September 30, 2009 [Press Release]
Business Wire | 32 days 18 hours 31 minutes ago
Danvers Bancorp, Inc. (the “Company”) (NASDAQ: DNBK), the holding company for Danversbank (the “Bank”), today reported net income of $1.2 million, for the quarter ended September 30, 2009 compared to net income of $48,000 for the same quarter in 2008. A significant increase in net-interest income and a slight increase in non-interest income more than offset higher provision for loan losses, increased salaries and benefits expense and expenses associated with the proposed Beverly National Corp...
Mayflower Bancorp, Inc. Reports First Quarter Earnings and Payment of Dividend [Press Release]
PRNewswire | 95 days 19 hours ago
...Additionally, loan origination and other loan fees decreased...amortization of the mortgage servicing asset...additional commercial loan officer. Losses...481,000 in home equity loans...insured by the Federal Deposit Insurance Corporation (FDIC) to...
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 |
