FMCC Stock Recent News

MCLEAN, Va., Jan. 23, 2025 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey ® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.96 percent.

Bill Ackman's detailed presentation on Fannie Mae and Freddie Mac highlights the steps needed to end conservatorship, including capital requirements and market-based policies. The Trump Trade has significantly boosted FNMA and FMCC stocks, but investors should be cautious of momentum trades due to their volatility and low liquidity. Ackman's valuation estimates for Fannie and Freddie are ambitious, with IPOs expected in 2026 and 2027, but long-term risks and uncertainties remain.

Billionaire Bill Ackman isn't as much of an activist investor as he used to be. However, he still doesn't mind trying to influence corporate executives to take steps that would boost their companies' share prices when it would make money for his hedge fund.

MCLEAN, Va., Jan. 16, 2025 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey ® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 7.04 percent.

Company Supported Over 507,000 Affordable Rental Units in 2024, on Track to Exceed Affordable Housing Goals Company Supported Over 507,000 Affordable Rental Units in 2024, on Track to Exceed Affordable Housing Goals

MCLEAN, Va., Jan. 15, 2025 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) and Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, today announced enhancements that leverage both companies' automation technologies to enable lenders to more quickly and efficiently underwrite mortgage loans starting at the point of sale.

Pershing Square's Bill Ackman has a long-term investment in Fannie Mae and Freddie Mac, betting on their privatization and significant future gains. Fannie and Freddie, government-sponsored entities, play a crucial role in the mortgage market and have shown strong financial performance despite low stock prices. Ackman's investment conviction is high, expecting massive payoffs, driven by upcoming catalysts like his presentation and Trump's inauguration.

MCLEAN, Va., Jan. 13, 2025 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today is reminding homeowners and mortgage servicers of its immediate relief options for those affected by the tragic wildfires in California. Freddie Mac's forbearance program provides homeowners mortgage relief for up to 12 months without incurring late fees or penalties.

Company brought new flexibility to meet investor needs and increase liquidity, stability, affordability in multifamily market Company brought new flexibility to meet investor needs and increase liquidity, stability, affordability in multifamily market

Keefe Bruyette thinks Freddie Mac's (FMCC) announcement that Craig Phillips will join the company as executive vice president, corporate strategy and external affairs will be seen as an indication that the company is preparing for an effort by the Trump administration to privatize the government-sponsored enterprises. During Trump's first team, Phillips worked as Counselor to the Treasury Secretary and was leading the GSE privatization effort, the analyst tells investors in a research note. Keefe expects the shares of Freddie Mac and Fannie Mae (FNMA) to respond positively to the news. However, the firm continues to think there could be "meaningful downside" to the common shares if privatization occurs. The government's senior preferred shares are likely to be converted to common shares resulting in meaningful dilution to the common shares, contends Keefe. The firm has a Market Perform rating on both Freddie and Fannie. Freddie Mac + (+0.00%) Fannie Mae + (+0.00%)