Recent Updates — FMCC

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.

Freddie Mac reported net income of $3.8 billion for the second quarter ended June 30, 2026, a 61% increase from $2.4 billion in the prior year period. Net revenues rose 1% to $6.0 billion, driven by higher net interest income partially offset by lower non-interest income. A $0.9 billion benefit for credit losses contributed significantly to earnings, resulting from a credit reserve release in the Single-Family segment due to updated house price scenarios. The company's net worth increased to $78 billion at quarter-end. Freddie Mac provided $128 billion in market liquidity and financed 439,000 homes and rental units, including 54% affordable to low- to moderate-income families in the Single-Family segment. The company operates as a government-sponsored enterprise in the secondary mortgage market.