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Federal Home Loan Mortgage Corporation (FMCKN)

OTC Markets OTCQB - OTC Markets OTCQB Delayed Price. Currency in USD
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3.0000-0.1500 (-4.76%)
At close: 04:00PM EDT

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 Employees8,004

Key Executives

NameTitlePayExercisedYear Born
Dr. Michael Thomas HutchinsPresident3.74MN/A1956
Ms. Heidi MasonExecutive VP & General Counsel2.63MN/A1967
Mr. Anil D. Hinduja MBAExecutive VP & Chief Risk Officer2.82MN/A1964
Ms. Diana W. ReidCEO & DirectorN/AN/A1956
Mr. James WhitlingerSenior VP & Interim CFON/AN/A1969
Mr. Frank NazzaroExecutive VP of Enterprise Operations & TechnologyN/AN/A1962
Mr. Jerry WeissExecutive VP & Chief Administrative Officer2.34MN/A1958
Mr. Jeffrey MarkowitzSenior VP of External Relations & Corporate CommunicationsN/AN/AN/A
Mr. Dennis HermonstyneSenior VP & Chief Compliance OfficerN/AN/AN/A
Mr. Steve JohnsonInterim Head of Production & SalesN/AN/AN/A
Amounts are as of December 31, 2023 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. 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 and market 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. Federal Home Loan Mortgage Corporation 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.