Federal Home Loan Mortgage Corporation

News and overview for Federal Home Loan Mortgage Corporation

PHH Corporation Announces Third Quarter 2009 Results [Press Release]
Business Wire | 2 days 22 hours 30 minutes ago
PHH Corporation (NYSE: PHH) today announced results for the three and nine months ended September 30, 2009.


C&F Financial Corporation Announces Third Quarter Earnings [Press Release]
PRNewswire | 8 days 13 hours 23 minutes ago
...investments in perpetual preferred stock of the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac)). Net income available to...


Home Bancorp Reports 2009 Third Quarter Earnings and Approval of Stock Repurchase Program [Press Release]
PRNewswire | 10 days 9 hours 30 minutes ago
...Caa2" by Moody's. The Company holds no Federal National Mortgage Association (Fannie Mae) or Federal Home Loan Mortgage Corporation (Freddie Mac) preferred stock, equity securities...


Oneida Financial Corp. Reports 2009 Third Quarter Operating Results (unaudited) [Press Release]
PRNewswire | 15 days 14 hours 29 minutes ago
ONEIDA, N.Y., Oct. 23 /PRNewswire-FirstCall/ -- Oneida Financial Corp.


Bimini Capital Management to Broadcast Third Quarter Earnings Conference Call on the Internet [Press Release]
Business Wire | 1 day 23 hours 30 minutes ago
Bimini Capital Management, Inc. (OTCBB:BMNM) (“Bimini Capital” or the “Company”), a real estate investment trust (REIT), today announced that it will provide an online Web simulcast of its third quarter 2009 earnings conference call on Tuesday, November 10, 2009. The Company will release financial results for the third quarter ended September 30, 2009, prior to the call.


Columbia Banking System Announces Third Quarter 2009 Results and Declares Cash Dividend [Press Release]
PRNewswire | 9 days 17 hours 15 minutes ago
TACOMA, Wash., Oct. 29 /PRNewswire-FirstCall/ -- Columbia Banking System, Inc.


$100 Million Financing Arranged by HFF for Four-Property Multi-Housing Portfolio [Press Release]
Business Wire | 3 days 12 hours 30 minutes ago
The Chicago and Boston offices of HFF (Holliday Fenoglio Fowler, L.P.) announced today that they have secured $100 million in financing for a four-property multi-housing portfolio in Massachusetts, Minnesota and Missouri.


Camden National Corporation Reports Third Quarter 2009 Results [Press Release]
Business Wire | 11 days 15 hours 24 minutes ago
Camden National Corporation (NASDAQ: CAC; the “Company”), reported net income for the third quarter 2009 of $6.3 million, or $0.83 per diluted share. This resulted in year-to-date earnings of $17.5 million or $2.29 per diluted share. For the three and nine month periods ended September 30, 2009, return on assets was 1.10% and 1.02%, respectively, and return on equity was 13.93% and 13.48%, respectively.


Mid-America Reports Third Quarter Results [Press Release]
PRNewswire | 2 days 7 hours 30 minutes ago
MEMPHIS, Tenn., Nov. 4 /PRNewswire-FirstCall/ -- Mid-America Apartment Communities, Inc.


Glacier Bancorp, Inc. Announces Results for Quarter Ended September 30, 2009 [Press Release]
PRNewswire | 23 days 7 hours 54 minutes ago
KALISPELL, Mont., Oct. 15 /PRNewswire-FirstCall/ --


CKF Bancorp, Inc. Announces Earnings for the Three Months Ended September 30, 2009 [Press Release]
Business Wire | 22 days 21 hours 40 minutes ago
CKF Bancorp, Inc. (OTCBB:CKFB), parent company of Central Kentucky Federal Savings Bank, reported consolidated net earnings of $117,221 for the three months ended September 30, 2009 compared to a loss of $915,143 for the three months ended September 30, 2008. Diluted earnings per share were $.09 for the three months ended September 30, 2009 compared to a diluted loss per share of $.72 for the three months ended September 30, 2008. The three months ended September 30, 2008 included a one-time ...


MC Companies Secures Freddie Mac Financing and Closes on 238 Unit Multifamily Community in Dallas/Ft Worth, Texas [Press Release]
PRNewswire | 8 days 11 hours 48 minutes ago
...making it attractive to our investors. The acquisition was financed by PNC ARCS who provided FHLMC (Federal Home Loan Mortgage Corporation) financing at an attractive rate." Saddle Creek, a 238 unit, class B, garden style apartment...


August Illinois Home Sales Strong at the Entry Level [Press Release]
PRNewswire | 44 days 22 hours 27 minutes ago
...a short-term no-interest loan of up to $6,000 for the down...for a 30-year, fixed-rate mortgage for the North Central region...previous month, according to the Federal Home Loan Mortgage Corporation. Last year in August it averaged...


Illinois Home Sales Show First Increase in Over Three Years [Press Release]
PRNewswire | 15 days 17 hours 30 minutes ago
...in September 2008. The median home sale price for the Chicagoland...for a 30-year, fixed-rate mortgage for the North Central region...previous month, according to the Federal Home Loan Mortgage Corporation. Last year in September it averaged...


EMC Insurance Group Inc. Reports 2009 Third Quarter Results [Press Release]
Business Wire | 16 days 1 hour 30 minutes ago
EMC Insurance Group Inc. (Nasdaq:EMCI) today reported operating income of $3,152,000 ($0.24 per share) for the third quarter ended September 30, 2009, compared to an operating loss of $295,000 ($0.02 per share) for the third quarter of 20081. For the nine-month period ended September 30, 2009, operating income was $20,920,000 ($1.58 per share) compared to $8,635,000 ($0.63 per share) for the same period in 2008.





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197 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