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Freddie Mac (FMCC)

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Welcome
Company Profile
 
Every day we help millions of families in neighborhoods across America buy their own homes or enjoy quality and affordable rental housing by linking them to the world's capital markets. In the process we reduce the costs of housing finance and expand housing opportunities for all families, including low-income and minority families. It is a unique mortgage finance system that makes homeownership a reality for more of America's families.
 
To further support our mission, we initiate community development lending projects and promote consumer education to improve financial literacy. This helps build strong families and thriving neighborhoods in the communities we help finance.
 
Business Motto
 
In 1970, Congress created Freddie Mac with a few important goals in mind:
  • Make sure that financial institutions have mortgage money to lend
  • Make it easier for consumers to afford a decent house or apartment
  • Stabilize residential mortgage markets in times of financial crisis
To fulfill this mission, Freddie Mac conducts business in the U.S. secondary mortgage market – meaning we do not originate loans – and works with a national network of mortgage lending customers. We have three business lines: a Single Family Credit Guarantee business for home loans; a Multifamily business for apartment financing; and an investment portfolio.
 
 
 

Conservatorship and Treasury Agreement Background

http://en.wikipedia.org/wiki/Federal_takeover_of_Fannie_Mae_and_Freddie_Mac



Corporate Office Locations
 
Headquarters - Freddie Mac Addresses
Get directions to each office location by selecting the office name below.
 
·         HQ 1 - PHO I
8200 Jones Branch Drive
McLean, VA 22102-3110
(703) 903-2000
Toll free: 1-800-424-5401
·         HQ 2 - PHO II 
8250 Jones Branch Drive
McLean, VA 22102-3110
(703) 918-5000
·         HQ 3 - PHO III
8100 Jones Branch Drive
McLean, VA 22102-3110
(703) 714-2500
·         HQ 4 - PHO IV
1551 Park Run Drive
McLean, VA 22102-3110
(571) 382-3000
·         Building 8000 
8000 Jones Branch Drive
McLean, VA 22102
(703) 388-7000
 
 
 

 
Freddie Mac's Leadership Team:
 
 

Donald H. Layton
Chief Executive Officer

             Donald H. Layton is chief executive officer of Freddie Mac, a publicly traded company that is one of the 
                largest sources of mortgage financing in the United States and a leader in the nation's efforts to keep families
in their homes and stabilize the housing market.

http://www.freddiemac.com/corporate/company_profile/our_leadership/
 

 

Corporate Financials

 


~~~~~FMCC DD BY  ~ Blue ~ ~~~~~

 
FMCC ~expected $40 billion profit DD with Links~

1) First Quarter 2013 Financial Results
First quarter 2013 net income was $4.6 billion – the second largest in company history, compared to $4.5 billion in the fourth quarter of 2012 First quarter 2013 comprehensive income was $7.0 billion, compared to $5.7 billion in the fourth quarter of 2012
.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9275689

==================================================================
Through March 31, 2013, Freddie Mac has requested cumulative draws totaling $71.3 billion. While Freddie Mac has paid aggregate cash dividends to Treasury of $29.6 billion through March 31, 2013.
page 3
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9275689
==================================================================

ACCORDING TO REUTERS THE COMPANY CAN POST $30.1 BILLION TAX GAINS AS PROFIT

2) It could record gains on $30.1 billion worth of assets it had written down as early as in the second quarter, leading to an even bigger payment.

http://www.reuters.com/article/2013/05/08/us-usa-freddiemac-earnings-idUSBRE9470I120130508

(Remember its sibling FNMA posted at Q1 deferred tax gains)
==================================================================

3) FMCC is one of the most profitable financial firm in USA

FNMA 8.1 billion profit from operation.

JP MORGAN $6.5 billion profit

WELLS FARGO $5.1 billion profit

Berkshire Hathaway $4.8 billion profit.

FMCC 4.6 billion dollars net profit.



-------------------------------------------------------------

4) PENNY STOCKS, FMCC and FNMA, HELPS US BUDGET FOR SURPLUS

Treasury reports $113B surplus because of FMCC and FNMA's big contribution

The government will also benefit next month from a $59.4 billion payment from mortgage giant Fannie Mae and a $7 billion payment from Freddie Mac. The mortgage giants are profitable again and are paying dividends to the government in return for the loans the received during the financial crisis.

Treasury Secretary Jacob Lew said in an interview with CNBC Friday that in part because of Fannie's payment, the government's borrowing limit won't be reached until "at least after Labor Day" in early September. Many analysts had expected another budget battle this summer. In 2011, a dispute between the Obama Administration and Congress over whether to raise the limit lasted until the deadline.

http://finance.yahoo.com/news/us-treasury-reports-113b-surplus-180737732.html
==================================================================

5) 18 banks sued by the U.S. to recoup $200.5 billion spent on mortgage-backed securities bought by Fannie Mae and Freddie Mac

1. Ally Financial Inc. f/k/a GMAC, LLC ($6 billion)
2. Bank of America Corporation ($6 billion)
3. Barclays Bank PLC ($4.9 billion)
4. Citigroup, Inc. ($3.5 billion)
5. Countrywide Financial Corporation ($26.6 billion)
6. Credit Suisse Holdings (USA), Inc.($14.1 billion)
7. Deutsche Bank AG ($14.2 billion)
8. First Horizon National Corporatio ($883 million)
9. General Electric Company ($549 million)
10. Goldman Sachs & Co.($11.1 billion)
11. HSBC North America Holdings, Inc. ($6.2 billion)
12. JPMorgan Chase & Co.($33 billion)
13. Merrill Lynch & Co. / First Franklin Financial Corp. ($24.8 billion)
14. Morgan Stanley ($10.6 billion)
15. Nomura Holding America Inc.($2 billion)
16. The Royal Bank of Scotland Group PLC($30.4 billion)
17. Société Général($1.3 billion)
18. UBS, Swiss Bank, ($4.5 billion)

http://www.fhfa.gov/webfiles/22599/PLSLitigation_final_090211.pdf

http://www.bloomberg.com/news/2011-09-03/jpmorgan-bofa-among-17-banks-sued-by-fhfa-over-196-billion-in-securities.html

++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
6) Winding down theory collapsed because

The Federal Housing Finance Agency directed Fannie Mae and Freddie Mac to extend the Home Affordable Refinance Program by two years to Dec. 31, 2015.. ALSO THE COMPANY POSTS MONSTER PROFITS.


By Christina Mlynski
• April 11, 2013 • 10:07am

The Federal Housing Finance Agency directed Fannie Mae and Freddie Mac to extend the Home Affordable Refinance Program by two years to Dec. 31, 2015.

The program was set to expire at the end of this year.

FHFA determined that extending the program will provide borrowers additional opportunities to refinance, give clear guidance to lenders and reduce losses for the government-sponsored enterprises and taxpayers.

"More than 2 million homeowners have refinanced through HARP, proving it a useful tool for reducing risk," said Ed DeMarco, acting director of the FHFA.

He added, "We are extending the program so more underwater borrowers can benefit from the lower interest rates."

Additionally, FHFA will soon launch a campaign to inform homeowners about HARP. The campaign will educate consumers about the program, its eligibility requirements and provide options on how to utilize the program before it ends.

http://www.housingwire.com/news/2013/04/11/fhfa-extends-harp-2015


Fannie and Freddie’s regulator recently announced a two-year extension for HARP. The program had had been slated to expire at the end of this year, and will now run through 2015.


http://blogs.marketwatch.com/thetell/2013/04/24/struggling-homeowners-take-record-share-of-refinancing/
------------------------------------------------------------------

7) ACCORDING TO FHFA, CONSERVATORSHIP WILL END SOON

Q: What are the goals of this conservatorship?

A: The purpose of appointing the Conservator is to preserve and conserve the Company’s assets and property and to put the Company in a sound and solvent condition. The goals of the conservatorship are to help restore confidence in the Company, enhance its capacity to fulfill its mission, and mitigate the systemic risk that has contributed directly to the instability in the current market. There is no reason for concern regarding the ongoing operations of the Company. The Company’s operation will not be impaired and business will continue without interruption.
Q: When will the conservatorship period end?

A: Upon the Director’s determination that the Conservator’s plan to restore the Company to a safe and solvent condition has been completed successfully, the Director will issue an order terminating the conservatorship. At present, there is no exact time frame that can be given as to when this conservatorship may end.

http://www.fhfa.gov/webfiles/35/FHFACONSERVQA.pdf
---------------------------------------------------------

8) FHFA new annual Report: The Enterprises cannot remain in conservatorship permanently, and expanding private sector participation is essential for the long-term health of the mortgage market.

PAGE 6

http://www.fhfa.gov/webfiles/25320/FHFA2012_AnnualReport.pdf
------------------------------------------------------------------

9) INTERESTING!! White House budget document says FNMA/FMCC are privately owned company(!), it didn't say THE GOVERNMENT ENTERPRISES.

The Federal National Mortgage Association (Fannie Mae) is a
Government-sponsored enterprise (GSE) in the housing finance
market. As a housing GSE, Fannie Mae is a federally chartered, privately owned company with a public mission to provide stability in and to increase the liquidity of the residential mortgage market and to help increase the availability of mortgage credit to low- and moderate-income families and in underserved areas. Fannie Mae engages primarily in two forms of business: guaranteeing residential mortgage securities and investing in portfolios of residential mortgages


http://www.whitehouse.gov/sites/default/files/omb/budget/fy2013/assets/gov.pdf
==================================================================

9) FMCC/FNMA Shareholders Challenge U.S. Takeover in Suit
The shareholders’ complaint seeking $41 billion
in damages was filed by the Seattle-based law firm Hagens Berman Sobol Shapiro LLP, a lead counsel in class-action lawsuits including those against Toyota Motor Corp. (7203) over the unexpected sudden acceleration of vehicles.

http://www.bloomberg.com/news/2013-06-10/fannie-freddie-shareholder-suit-challenges-u-s-takeover.html
------------------------------------------------------------------

10) HEDGE FUND Perry Capital Sues U.S. Treasury Over Fannie Mae and Freddie Mac Takeover

By Joe Schneider & Clea Benson - Jul 7, 2013 8:44 PM ET

Hedge fund firm Perry Capital LLC sued the U.S. Treasury Department claiming the government’s seizure of all profits from Fannie Mae and Freddie Mac is illegal and has destroyed shareholders’ holdings.

http://www.bloomberg.com/news/2013-07-07/perry-capital-sues-u-s-treasury-over-fannie-mae-takeover.html?cmpid=yhoo
==================================================================

11) FMCC CEO was Former E-Trade and JP Morgan CEO

http://www.freddiemac.com/bios/exec/layton.html
==================================================================

12) Giant Hedge Funds lobbying for the Government Senior preferred shares.

According to Bloomberg and Baron news, Hedge funds offering 182 billion dollars for the government's senior preferred shares.

Based on combined 2012 pretax profits of $28 billion and a conservative 6.5 price/earnings ratio, the two could easily raise $182 billion in the stock market, according to the investors.

http://online.barrons.com/article/SB50001424052748704253204578466950395417708.html?ru=yahoo&mod=yahoobarrons

Hedge Funds: Paulson & Co. is among funds that met with members of the Senate Banking Committee and with staff members in the House of Representatives, said two of the people briefed on the matter. Claren Road Asset Management LLC and Perry Capital LLC also have lobbied.

http://www.bloomberg.com/news/2013-04-30/paulson-leads-hedge-fund-lobby-push-to-privatize-fannie.html?cmpid=yhoo

13) If the Hedge Funds plan accepted by the government Conservator-ship will end. FNMA will be owned by shareholders.
The government invested 117.1 billion dollars to FNMA and got senior preferred shares. So far got 95 billion dollars dividend. Plus with new IPO the government can sell its shares on the market at 182 billion dollars. It means U.S. government invested 117.1 billion dollars it will get 277 billion dollars within 4 years. Awesome return.
==================================================================
14) Fortune 500 list: FMCC #31,

FORTUNE 500 COMPANIES.

Rank Company Name Revenues ($b) Profits ($mm)

1 Wal-Mart Stores 469.2 16,999
2 Exxon Mobil 449.9 44,880
3 Chevron 233.9 26,179
4 Phillips 66 169.6 4,124
5 Berkshire Hathaway 162.5 14,824
6 Apple 156.5 41,733
7 General Motors 152.3 6,188
8 General Electric 146.9 13,641
9 Valero Energy 138.3 2,083
10 Ford Motor 134.3 5,665
11 AT&T 127.4 7,264
12 Fannie Mae 127.2 17,220
13 CVS Caremark 123.1 3,876.9
14 McKesson 122.7 1,403
15 Hewlett-Packard 120.4 -12,650
16 Verizon Communications 115.8 875
17 UnitedHealth Group 110.6 5,526
18 J.P. Morgan Chase & Co. 108.2 21,284
19 Cardinal Health 107.6 1,069
20 International Business Machines 104.5 16,604
21 Bank of America Corp. 100.1 4,188
22 Costco Wholesale 99.1 1,709
23 Kroger 96.8 1,496.5
24 Express Scripts Holding 94.4 1,312.9
25 Wells Fargo 91.2 18,897
26 Citigroup 90.8 7,541
27 Archer Daniels Midland 89 1,223
28 Procter & Gamble 85.1 10,756
29 Prudential Financial 84.8 469
30 Boeing 81.7 3,900
31 Freddie Mac 80.6 10,982
32 AmerisourceBergen 79.7 719
33 Marathon Petroleum 76.8 3,389
34 Home Depot 74.8 4,535
35 Microsoft 73.7 16,978
36 Target 73.3 2,999
37 Walgreen 71.6 2,127
38 American International Group 70.1 3,438
39 INTL FCStone 69.3 15
40 MetLife 68.2 1,324
41 Johnson & Johnson 67.2 10,853
42 Caterpillar 65.9 5,681
43 PepsiCo 65.5 6,178
44 State Farm Insurance Cos. 65.3 3,159.2
45 ConocoPhillips 63.4 8,428
46 Comcast 62.6 6,203
47 WellPoint 61.7 2,655.5
48 Pfizer 61.2 14,570
49 Amazon.com 61.1 -39
50 United Technologies 59.8 5,130
 

DD Links


Stock Quote http://www.otcmarkets.com/stock/FMCC/quote
Stock Chart http://www.otcmarkets.com/stock/FMCC/chart
Company Info http://www.otcmarkets.com/stock/FMCC/company-info
Recent News http://www.otcmarkets.com/stock/FMCC/news
Financials http://www.otcmarkets.com/stock/FMCC/financials
Filings and Disclosure http://www.otcmarkets.com/stock/FMCC/filings
Short Sales http://www.otcmarkets.com/stock/FMCC/short-sales
Insider Disclosure http://www.otcmarkets.com/stock/FMCC/insider-transactions
Research Reports http://www.otcmarkets.com/stock/FMCC/research
Summary http://finance.yahoo.com/q?s=FMCC
Historical Prices http://finance.yahoo.com/q/hp?s=FMCC+Historical+Prices
Interactive Chart http://finance.yahoo.com/echarts?s=FMCC
Basic Chart http://finance.yahoo.com/q/bc?s=FMCC+Basic+Chart
Basic Tech. Analysis http://finance.yahoo.com/q/ta?s=FMCC+Basic+Tech.+Analysis
Headlines http://finance.yahoo.com/q/h?s=FMCC+Headlines
Press Releases http://finance.yahoo.com/q/p?s=FMCC+Press+Releases
Company Profile http://finance.yahoo.com/q/pr?s=FMCC+Profile
Key Statistics http://finance.yahoo.com/q/ks?s=FMCC+Key+Statistics
Industry http://finance.yahoo.com/q/in?s=FMCC+Industry
Major Holders http://finance.yahoo.com/q/mh?s=FMCC+Major+Holders
Insider Transactions http://finance.yahoo.com/q/it?s=FMCC+Insider+Transactions
Insider Roster http://finance.yahoo.com/q/ir?s=FMCC+Insider+Roster
Income Statement http://finance.yahoo.com/q/is?s=FMCC
Balance Sheet http://finance.yahoo.com/q/bs?s=FMCC
Cash Flow http://finance.yahoo.com/q/cf?s=FMCC+Cash+Flow&annual
Nasdaq http://www.nasdaq.com/symbol/FMCC
Market Watch http://www.marketwatch.com/investing/stock/FMCC
Bloomberg http://www.bloomberg.com/quote/FMCC:US
Morningstar http://quotes.morningstar.com/stock/s?t=FMCC
Bussinessweek http://investing.businessweek.com/research/st...icker=FMCC
Barchart http://www.barchart.com/quotes/stocks/FMCC
OTC Short Report http://otcshortreport.com/index.php?index=FMCC
Investopedia http://www.investopedia.com/markets/stocks/FMCC/?wa=0



 
   FMCC Transfer Agent 

Computershare Trust Company, N.A.
P.O. Box 43078
Providence, RI 02940-3078
(781) 575-2879

Hearing Impaired/TDD: (800) 952-9245
http://www.computershare.com/investor

Overnight Deliveries:
250 Royall Street
Canton, MA 02021-1011

FMCC Contact Info:
FMCC Investor Relations group 
8200 Jones Branch Drive, MS 486, McLean, VA 22102-3110
(703) 903-3883

News Releases


Freddie Mac Media Room
 
Daily Chart
 
Provided by Recognizer on 4/4/11 -
Most above the 20MA and MacD close to money line, ready to turn on FMCC.


Discovery Schedule:

• Discovery shall commence on Monday, April 7, 2014, and shall be completed by Thursday, July 31, 2014.
• During the discovery period, the court will conduct a telephonic status conference every two weeks, unless both parties concur and inform the court that a status conference is not necessary. Additionally, the court will make itself available if a dispute requiring its immediate attention arises at any other time during the discovery period. Status conferences shall take place on:
• Wednesday, April 23, 2014, at 1:00 p.m.
• Wednesday, May 7, 2014, at 11:00 a.m.
• Wednesday, May 21, 2014, at 11:00 a.m.
• Wednesday, June 4, 2014, at 11:00 a.m.
• Wednesday, June 18, 2014, at 11:00 a.m.
• Wednesday, July 2, 2014, at 11:00 a.m.
• Wednesday, July 16, 2014, at 11:00 a.m.
Wednesday, July 30, 2014, at 11:00 a.m.
 
 

DISCLAIMER: All statements posted here are only opinions and not an investment advice of any kind. Do your own DD or consult a professional financial advisor and trade/invest at your own risk.

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PostSubject
#40543  Sticky Note ### CHECKMATE ### for Government IMO! A MUST-READ!!! JusticeWillWin 06/17/16 07:06:32 AM
#40528  Sticky Note 2 major wins in court yesterday stockprofitter 06/04/16 11:02:31 AM
#40648   I would like this to go to trial Lite 09/25/16 09:04:59 PM
#40647   They can squawk all they want, but quite Lite 09/25/16 08:54:19 PM
#40646   The government has been granted privilege to protect big-yank 09/25/16 06:35:11 AM
#40645   Thanks Travel5.... obiterdictum 09/23/16 09:50:20 AM
#40644   Thank you Obi - your posts are always Travel5 09/23/16 02:53:00 AM
#40643   No, she is telegraphing a message that she Stockman1010101 09/21/16 02:25:49 AM
#40642   The defendants' have been withholding documents by attempting obiterdictum 09/21/16 02:22:55 AM
#40641   It is a punitive measure. Does not seem obiterdictum 09/21/16 02:09:37 AM
#40640   Hey Obi, dubs_money 09/20/16 02:27:05 PM
#40639   Why would Sweeney enter an order asking defendants Blushing green 09/20/16 01:59:07 PM
#40638   Neither. She is pro-GSEs for minority homeowners. obiterdictum 09/20/16 01:11:46 PM
#40637   Rep. Maxine Waters has typically been pro GSE Blushing green 09/20/16 12:52:59 PM
#40636   For anyone that hasn't seen this, it is Rk3 09/19/16 02:23:02 PM
#40635   Harvard economist never thought his new study would trunkmonk 09/17/16 08:46:52 AM
#40633   its was up 9% from 2 days ago Stockman1010101 09/16/16 01:54:46 PM
#40632   Lol, sorry, that's what I have right now. trunkmonk 09/16/16 01:36:25 PM
#40631   I guess that depends if the 700k is rekcusdoo 09/16/16 01:19:02 PM
#40630   9% up from what? The pps is exactly rekcusdoo 09/16/16 01:17:04 PM
#40629   Greatest train robbery ever, as you and I trunkmonk 09/16/16 07:59:54 AM
#40628   I dont know, Iv seen it go up trunkmonk 09/16/16 06:14:59 AM
#40627   its up 9% or 14 cents. Does that Stockman1010101 09/16/16 12:26:39 AM
#40626   I imagine if this rumor was solid it trunkmonk 09/15/16 03:36:24 PM
#40625   Ginsburg jarenawer 09/15/16 03:22:42 PM
#40624   no bradford86 09/15/16 02:04:55 PM
#40623   Yes. Saw this document two years ago or obiterdictum 09/15/16 10:53:01 AM
#40622   not sure if you saw this bradford86 09/15/16 04:46:06 AM
#40621   I meant it more as a question - obiterdictum 09/14/16 01:04:24 AM
#40620   I meant it more as a question - Blushing green 09/13/16 11:15:39 PM
#40619   That is a private matter Blushing green obiterdictum 09/13/16 04:12:00 PM
#40618   Hi Blushing green, obiterdictum 09/13/16 04:09:29 PM
#40617   What would you do with your position in Blushing green 09/13/16 03:58:14 PM
#40616   $ IHCAN stockprofitter 09/13/16 02:42:57 PM
#40615   Seems like a new negative opinion/order every week Blushing green 09/12/16 08:03:02 PM
#40614   One of your best replies yet, Obit. Thank Sogo 09/12/16 12:13:20 AM
#40613   Which case do you think offers the best obiterdictum 09/10/16 11:31:00 AM
#40612   Thanks Obit. Which case do you think offers Sogo 09/10/16 09:10:15 AM
#40611   Chief Judge Karen K. Caldwell doubtlessly took a obiterdictum 09/09/16 11:56:04 PM
#40610   When you do read it, I wouldn't mind Blushing green 09/09/16 07:38:22 PM
#40609   .....thoughts on the latest John carney article and obiterdictum 09/09/16 05:32:43 PM
#40608   http://on.wsj.com/2cJeMag thoughts on the latest John carney article Blushing green 09/09/16 04:13:48 PM
#40607   New GSE Ballad: "GSE BUMMERTIME BLUES" Letgoofmyfannie 09/08/16 04:27:57 PM
#40606   GSE Ballads Denounce Never-ending "Conservatorship" Letgoofmyfannie 09/03/16 03:37:33 PM
#40605   The dismissal was not unexpected given Pagliara's complex obiterdictum 08/25/16 08:45:52 PM
#40604   Thoughts on the Pagliara dismissal and the judge's Blushing green 08/24/16 01:05:46 PM
#40603   I think this is a rubber band effect. Stockman1010101 08/24/16 01:16:28 AM
#40602   NewS !!! cfljmljfl 08/23/16 07:43:35 PM
#40601   Notice increase in short interest from 14 mil cfljmljfl 08/23/16 05:47:59 PM
#40600   How does the recent affirmation of the Piszel obiterdictum 08/19/16 02:45:07 AM
#40599   This ruling has zero affect on current law Stockman1010101 08/19/16 02:42:00 AM
#40598   How does the recent affirmation of the Piszel Blushing green 08/18/16 04:37:40 PM
PostSubject