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Federal Home Loan Mortgage Corporation (FMCCS)

Other OTC - Other OTC Delayed Price. Currency in USD
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4.51000.0000 (0.00%)
As of 10:06AM EST. Market open.

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
IndustryMortgage Finance
Full Time Employees6,905

Key Executives

NameTitlePayExercisedYear Born
Dr. Michael Thomas HutchinsPres3.3MN/A1956
Mr. Christian M. LownExec. VP & CFO1.65MN/A1970
Mr. Anil D. Hinduja MBAExec. VP & Chief Risk Officer2.67MN/A1964
Mr. Michael J. DeVitoCEO & DirectorN/AN/A1965
Mr. Frank NazzaroExec. VP of Enterprise Operations & TechnologyN/AN/A1962
Mr. Jerry WeissExec. VP, Chief Admin. Officer & Interim Gen. CounselN/AN/A1958
Mr. Jeffrey MarkowitzSr. VP of External Relations & Corp. CommunicationsN/AN/AN/A
Mr. Jerry MauricioSr. VP & Chief Compliance OfficerN/AN/AN/A
Ms. Dionne Wallace OakleySr. VP, Chief HR Officer & Chief Diversity OfficerN/AN/A1968
Mr. Mark D. HansonSr. VPN/AN/AN/A
Amounts are as of December 31, 2020 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 residential mortgage loans originated by lenders, as well as invests in mortgage loans and mortgage-related securities. It operates through three segments: Single-family Guarantee, Multifamily, and Capital Markets. The Single-family Guarantee segment purchases, securitizes, and guarantees single-family loans; and manages single-family mortgage credit risk. 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, as well as post-construction financing to apartment project operators. The Capital Markets segment manages mortgage-related investments portfolio, single-family securitization activities, and treasury functions, including interest-rate risk management. 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.