Federal Home Loan Mortgage Corporation (FMCCS)

3.3000 +0.1800 (+5.77%) At close: 02:54PM 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: 7,799

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Michael J. DeVito	CEO & Director	631.38k	N/A	1965
Dr. Michael Thomas Hutchins	President	3.68M	N/A	1956
Mr. Christian M. Lown	Executive VP & CFO	3.57M	N/A	1970
Mr. Jerry Weiss	Executive VP & Chief Administrative Officer	2.34M	N/A	1958
Mr. Anil D. Hinduja MBA	Executive VP & Chief Risk Officer	2.69M	N/A	1964
Mr. Frank Nazzaro	Executive VP of Enterprise Operations & Technology	N/A	N/A	1962
Mr. Jeffrey Markowitz	Senior VP of External Relations & Corporate Communications	N/A	N/A	N/A
Ms. Heidi Mason	Executive VP & General Counsel	N/A	N/A	1966
Mr. Dennis Hermonstyne	Senior 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, 2022 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, securitization, and guarantee of multifamily loans; issuance of multifamily K certificates; manages multifamily mortgage credit and market risk; and invests in multifamily loans and mortgage-related securities. It serves banks and other financial institutions, insurance companies, money managers, hedge funds, pension funds, state and local governments, and broker dealers. The company was incorporated 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.