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.
Freddie Mac Reports U.S. Mortgage Market Activity and Rental Trends
FMCC
Demand Weakening
- U.S. long-term mortgage rates are around 6.1%, near three-year lows, and have recently inched up, coinciding with increased purchase and refinance demand versus a year earlier.
- Freddie Mac's Chief Economist Sam Khater noted that lower mortgage rates combined with strong income growth have driven a steady increase in purchase applications and more homeowners refinancing.
- The 15-year fixed-rate mortgage rose to an average of 5.49% (from 5.44% the prior week), which is still notably below the 6.12% average from a year earlier.
- U.S. apartment rents continue to fall, with the national median rent at $1,353 in January, a record-high vacancy rate of 7.3%, and slower leasing velocity.
7 days ago
Freddie Mac Reports Mortgage Rates Drop to Multi-Year Lows
FMCC
- As of January 15, 2026, the 30-year fixed-rate mortgage (FRM) averaged 6.06%, marking its lowest level in over three years. This rate is down from 6.16% last week and 7.04% a year ago.
- The 15-year FRM also decreased, averaging 5.38%, down from 5.46% last week and 6.27% a year ago.
- Freddie Mac's Chief Economist, Sam Khater, noted that the drop in rates has led to a jump in weekly purchase applications and refinance activity, indicating improving housing activity and a positive outlook for the spring sales season.
Jan 15, 2026, 5:00 PM
Freddie Mac Releases Primary Mortgage Market Survey Results
FMCC
- Freddie Mac's 30-year fixed-rate mortgage (FRM) averaged 6.16% as of January 8, 2026, a slight increase from 6.15% last week but lower than 6.93% a year ago.
- The 15-year FRM averaged 5.46% as of January 8, 2026, up from 5.44% last week.
- Purchase applications for residential homes have increased by over 20% from a year ago, indicating improving momentum in for-sale residential demand due to solid economic growth and lower rates.
Jan 8, 2026, 5:00 PM
Freddie Mac Multifamily Issues $68 Billion in 2025 Securities
FMCC
Debt Issuance
New Projects/Investments
Demand Weakening
- Freddie Mac Multifamily issued $68 billion of multifamily securities in 2025, transferring interest rate, liquidity, and credit risk away from U.S. taxpayers to private investors.
- In 2025, Freddie Mac Multifamily settled $32.6 billion in K-Deals® and a company record $28.1 billion in Multi PC® issuances, injecting liquidity into the multifamily housing market.
- Since its inception in 2009, Freddie Mac has settled $805 billion in total multifamily securities through its K-Deal, Multi PC, and other risk-transfer offerings.
- The company adapted to market demands in 2025, achieving record issuance of Multifamily Structured Credit Risk (MSCR) notes and Multifamily Credit Insurance Pool (MCIP) policies despite market headwinds.
Jan 8, 2026, 3:00 PM
Freddie Mac Reports 2025 Single-Family Credit Risk Transfer Issuance and 2026 Plans
FMCC
Debt Issuance
New Projects/Investments
Guidance Update
- Freddie Mac's Single-Family credit risk transfer (CRT) issuance reached nearly $5.1 billion in 2025, encompassing five STACR® and six ACIS® transactions.
- In 2025, the CRT programs provided credit protection on $163 billion of unpaid principal balance of single-family mortgages.
- As of September 30, 2025, approximately 62 percent of Freddie Mac's Single-Family mortgage portfolio was covered by credit enhancement.
- Since its inception, the Single-Family CRT program has transferred approximately $118 billion of credit risk on more than $3.6 trillion of single-family mortgages.
- For 2026, Freddie Mac plans to issue one to two STACR and ACIS transactions per quarter.
Dec 22, 2025, 6:15 PM
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
Quarterly earnings call transcripts for FEDERAL HOME LOAN MORTGAGE.
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