Freddie Mac (FMCC)'s Q4 net income rose from both the prior quarter and a year ago as net interest income and net investment ...

MCLEAN, Va., Feb. 12, 2025 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB:FMCC) announced today that it plans to report its Fourth Quarter and Full-Year 2024 financial results before the U.S. financial ...

Freddie Mac recorded a net income of $3.2 billion for Q4 and $11.9 Billion for the full year 2024. The GSE's net worth is nearly $60 billion.

The government-backed housing-finance company known as Freddie Mac reported fourth-quarter net income of $3.2 billion, up from $2.9 billion a year earlier. On a per-share basis, Freddie Mac swung to a ...

But the company took a credit loss provision in the fourth quarter, deciding to add to its reserves because of new mortgage ...

Freddie Mac is a government-backed enterprise established to give the U.S. housing market liquidity, stability, and affordability. It pools mortgages that it buys from lenders and sells them to ...