Earnings summaries and quarterly performance for FEDERAL HOME LOAN MORTGAGE.
Research analysts covering FEDERAL HOME LOAN MORTGAGE.
Recent press releases and 8-K filings for FMCC.
Onity Group Announces Third Quarter 2025 Results
FMCC
Earnings
Guidance Update
- Onity Group reported net income attributable to common stockholders of $18 million and diluted EPS of $2.03 for the third quarter of 2025. The company also achieved an adjusted pre-tax income of $31 million, resulting in an annualized adjusted ROE of 25%.
- The company's book value per share improved to $62 as of September 30, 2025, an increase of $2.71 year-over-year. Originations volume reached $12 billion, up 39% year-over-year, and average servicing UPB increased by $7 billion year-over-year to $312 billion.
- Onity Group expects to exceed its 2025 adjusted ROE guidance range of 16% - 18% and anticipates releasing a significant portion of its $180 million deferred tax asset valuation allowance by year-end 2025.
- Rithm Capital Corp. notified Onity Group that it does not intend to renew its subservicing agreements, effective January 31, 2026, which represented approximately $33 billion, or 10%, of PHH's total servicing UPB as of September 30, 2025. Onity Group does not expect this non-renewal to have a material financial impact on its business for the full year of 2026.
Nov 6, 2025, 11:45 AM
Freddie Mac Reports Continued Decline in Mortgage Rates
FMCC
- Freddie Mac's Primary Mortgage Market Survey (PMMS) released on October 30, 2025, indicated that mortgage rates have decreased for the fourth consecutive week.
- The 30-year fixed-rate mortgage (FRM) averaged 6.17% as of October 30, 2025, down from 6.19% the previous week and 6.72% a year ago.
- The 15-year FRM averaged 5.41%, decreasing from 5.44% last week and 5.99% a year prior.
- Freddie Mac's Chief Economist, Sam Khater, noted that these lower rates are encouraging homebuyers to increasingly enter the market.
Oct 30, 2025, 4:00 PM
Freddie Mac Announces Q3 2025 Financial Results
FMCC
Earnings
- Freddie Mac reported net revenues of $5.7 billion and net income of $2.8 billion for the third quarter of 2025. This represents a 2% decrease in net revenues and an 11% decrease in net income compared to the third quarter of 2024.
- The company's total mortgage portfolio increased 2% year-over-year to $3.6 trillion as of September 30, 2025, driven by growth in both Single-Family and Multifamily portfolios.
- As of September 30, 2025, Freddie Mac's net worth was $67.6 billion, with a remaining Treasury funding commitment of $140.2 billion.
- The 30-year mortgage rate, based on the Primary Mortgage Market Survey (PMMS), was 6.30% as of September 30, 2025.
Oct 30, 2025, 1:00 PM
Freddie Mac Reports Q3 2025 Financial Results
FMCC
Earnings
New Projects/Investments
- Freddie Mac reported a net income of $2.8 billion for the third quarter of 2025, marking an 11% decrease year-over-year.
- Net revenues for the third quarter of 2025 totaled $5.7 billion, a 2% decrease year-over-year.
- The company's total mortgage portfolio increased 2% year-over-year to $3.6 trillion as of September 30, 2025.
- Freddie Mac financed 483,000 households in Q3 2025, including 288,000 mortgages and 195,000 rental units.
- As of September 30, 2025, Freddie Mac's net worth was $67.6 billion.
Oct 30, 2025, 12:00 PM
Freddie Mac Announces Tender Offer for STACR Notes
FMCC
- Freddie Mac (FMCC) commenced a fixed-price cash tender offer for certain STACR® (Structured Agency Credit Risk) Notes on October 9, 2025.
- The offer is set to expire at 5 p.m. New York City time on Thursday, October 16, 2025, unless extended, with the Settlement Date expected on Monday, October 20, 2025.
- The tender offer includes various STACR Notes, such as STACR 2019-DNA2 B-2 with an original principal amount of $73,000,000 and a tender offer consideration of $1,180.00 per $1,000 original principal amount, and STACR 2021-HQA4 M-1 with an original principal amount of $445,000,000 and a tender offer consideration of $1,003.43 per $1,000 original principal amount.
- Wells Fargo Securities, LLC and Cantor Fitzgerald & Co. are acting as lead dealer managers for the offer.
Oct 9, 2025, 1:22 PM
Freddie Mac Releases Primary Mortgage Market Survey Results
FMCC
- On August 14, 2025, Freddie Mac released its Primary Mortgage Market Survey® (PMMS®) results, indicating a decline in mortgage rates.
- The 30-year fixed-rate mortgage (FRM) averaged 6.58%, a decrease from 6.63% last week.
- The 15-year FRM also saw a decline, averaging 5.71% compared to 5.75% last week.
- Freddie Mac's Chief Economist, Sam Khater, noted that these rates are the lowest since October, contributing to improved purchase application activity.
Aug 14, 2025, 4:00 PM
Freddie Mac Reports Increase in Mortgage Rates
FMCC
- The 30-year fixed-rate mortgage (FRM) averaged 6.72% as of July 10, 2025, an increase from 6.67% last week. A year ago, the 30-year FRM averaged 6.89%.
- The 15-year FRM averaged 5.86%, up from 5.80% last week. A year ago, the 15-year FRM averaged 6.17%.
- Mortgage rates moved slightly higher following a stronger than expected jobs report, after declining for five consecutive weeks.
- Despite ongoing affordability challenges, home purchase and refinance applications have increased by 25% and 56%, respectively, compared to the same time last year, responding to the overall downward trajectory in rates.
Jul 10, 2025, 4:02 PM
Freddie Mac Reports Fifth Consecutive Week of Declining Mortgage Rates
FMCC
- Freddie Mac's Primary Mortgage Market Survey® (PMMS®) indicates that the 30-year fixed-rate mortgage (FRM) averaged 6.67% as of July 3, 2025, a decrease from 6.77% last week and 6.95% a year ago.
- The 15-year FRM also saw a decline, averaging 5.80% as of July 3, 2025, down from 5.89% last week and 6.25% a year ago.
- This marks the fifth consecutive week of decreasing mortgage rates, with the current week experiencing the largest weekly decline since early March.
- Sam Khater, Freddie Mac's Chief Economist, stated that while overall affordability challenges remain, the declining rates are encouraging and are prompting more sellers to enter the market, providing an advantage to prospective buyers.
Jul 3, 2025, 4:00 PM
Freddie Mac Reports Q1 2025 Earnings & Financial Results
FMCC
Earnings
Revenue Acceleration/Inflection
- Q1 2025 Results: Net revenues of $5.9 billion and net income of $2.8 billion mark increases of 2% and 1% YoY respectively .
- Net interest income rose 7% to $5.1 billion, driving the strong overall performance .
- The overall mortgage portfolio grew 3% YoY to approximately $3.6 trillion, reflecting gains across segments .
- In the single-family segment, net income reached $2.3 billion on $4.9 billion in revenues, with the mortgage portfolio expanding 2% to $3.1 trillion and new business activity rising from $62B to $78B .
- The multifamily segment saw net income decline to $533 million despite a 5% portfolio expansion to $467 billion and a modest uptick in the delinquency rate .
- The company financed 313,000 mortgages, supporting affordable home financing for households .
May 1, 2025, 1:00 PM
Freddie Mac Initiates STACR Notes Tender Offer
FMCC
- Freddie Mac announced a fixed-price cash tender offer for the purchase of certain STACR Notes, with the offer details and conditions set forth in the related Offer Documents.
- The tender offer begins on April 30, 2025 and expires at 5 p.m. New York City time on May 6, 2025, with the expected settlement on May 8, 2025 and purchases on May 12, 2025.
- For media inquiries, the release provides Fred Solomon as the contact, with further information available via the provided contact details.
Apr 30, 2025, 12:00 AM
Quarterly earnings call transcripts for FEDERAL HOME LOAN MORTGAGE.
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