Earnings ·
Reports $3.2B net income for Q3 2026, up 17% year-over-year
FMCCFederal Home Loan Mortgage Corp
Freddie Mac reported consolidated net income of $3.2 billion for the third quarter ended September 30, 2026, a 17% increase from $2.8 billion in the prior-year period. Net revenues rose 19% to $6.8 billion, driven by higher net interest income and non-interest income, while the provision for credit losses increased to $0.8 billion. The company's net worth grew to $81 billion, up from $70 billion at year-end 2025. In its Single-Family segment, net income was $2.7 billion with new business activity of $98 billion financing 286,000 mortgages. The Multifamily segment contributed $0.5 billion in net income on $1.0 billion in revenues, financing 134,000 rental units. Freddie Mac operates as a government-sponsored enterprise providing liquidity to the U.S. housing market by purchasing and securitizing residential and commercial mortgages.