Federal Home Loan Mortgage Corporation (FMCCN)

2.7500 +0.1000 (+3.77%) At close: 12:10PM EST

Federal Home Loan Mortgage Corporation

8200 Jones Branch Drive
McLean, VA 22102-3110
United States
703 903 2000
https://www.freddiemac.com

Sector(s): Financial Services
Industry: Mortgage Finance
Full Time Employees: 7,284

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Michael J. DeVito	CEO & Director	443.03k	N/A	1966
Dr. Michael Thomas Hutchins	Pres	3.31M	N/A	1956
Mr. Christian M. Lown	Exec. VP & CFO	3.56M	N/A	1970
Mr. Jerry Weiss	Exec. VP & Chief Admin. Officer	2.33M	N/A	1958
Mr. Anil D. Hinduja MBA	Exec. VP & Chief Risk Officer	2.67M	N/A	1964
Mr. Frank Nazzaro	Exec. VP of Enterprise Operations & Technology	N/A	N/A	1962
Mr. Jeffrey Markowitz	Sr. VP of External Relations & Corp. Communications	N/A	N/A	N/A
Ms. Heidi Mason	Exec. VP & Gen. Counsel	N/A	N/A	N/A
Mr. Dennis Hermonstyne	Sr. VP & Chief Compliance Officer	N/A	N/A	N/A
Mr. Steve Johnson	Interim Head of Production & Sales	N/A	N/A	N/A

Amounts are as of December 31, 2021 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Federal Home Loan Mortgage Corporation operates in the secondary mortgage market in the United States. The company purchases single-family and multifamily residential mortgage loans originated by lenders, as well as invests in mortgage loans and mortgage-related securities. It operates through two segments, Single-family and Multifamily. The Single-family segment purchases, securitizes, and guarantees single-family loans; and manages single-family mortgage credit risk, as well as manages mortgage-related investments portfolio, single-family securitization activities, and treasury functions. This segment serves mortgage banking companies, commercial banks, regional banks, community banks, credit unions, housing finance agencies, savings institutions, and non-depository financial institutions. The Multifamily segment engages in the purchase, sale, securitization, and guarantee of multifamily loans and securities through the issuance of multifamily K and SB certificates; issuing and guarantying other securitization products; issuing other credit risk transfer products; and provision of other mortgage-related guarantees. It serves banks and other depository institutions, insurance companies, money managers, central banks, pension funds, state and local governments, real estate investment trusts, brokers and dealers, and a range of lenders. The company was founded in 1970 and is headquartered in McLean, Virginia.

Corporate Governance

Federal Home Loan Mortgage Corporation’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.