Federal Home Loan Mortgage Company Description
Federal Home Loan Mortgage Corporation operates in the secondary mortgage market in the United States.
The company purchases single-family and multifamily residential mortgage loans originated by lenders, as well as invests in mortgage loans and mortgage-related securities.
It operates through two segments, Single-family and Multifamily. The Single-family segment purchases, securitizes, and guarantees single-family loans; and manages single-family mortgage credit risk, as well as manages mortgage-related investments portfolio, single-family securitization activities, and treasury functions.
This segment serves mortgage banking companies, commercial banks, regional banks, community banks, credit unions, housing finance agencies, savings institutions, and non-depository financial institutions.
The Multifamily segment engages in the purchase, sale, securitization, and guarantee of multifamily loans and securities through the issuance of multifamily K and SB certificates; issuing and guarantying other securitization products; issuing other credit risk transfer products; and provision of other mortgage-related guarantees.
It serves banks and other depository institutions, insurance companies, money managers, central banks, pension funds, state and local governments, real estate investment trusts, brokers and dealers, and a range of lenders.
The company was founded in 1970 and is headquartered in McLean, Virginia.
| Country | United States |
| Founded | 1970 |
| Industry | Mortgage Finance |
| Sector | Financials |
| Employees | 8,103 |
| CEO | Michael Hutchins |
Contact Details
Address: 8200 Jones Branch Drive McLean United States | |
| Phone | (703) 903-2000 |
Stock Details
| Ticker Symbol | FMCC |
| Exchange | OTCMKTS |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| ISIN Number | US3134003017 |
| SIC Code | 6111 |
Key Executives
| Name | Position |
|---|---|
| Dr. Michael Thomas Hutchins | President, Interim Chief Executive Officer and Director |
| James M. Whitlinger | Executive Vice President and Chief Financial Officer |
| Heidi L. Mason J.D. | Executive Vice President and General Counsel |
| Anil D. Hinduja MBA | Executive Vice President, Chief Risk Officer and Head of ERM |
| Sonu Mittal | Executive Vice President and Head of the Single-Family Acquisitions Division |
| John C. Glessner | Executive Vice President and Head of Investments and Capital Markets |
| Donald F. Kish | Senior Vice President, Corporate Controller and Principal Accounting Officer |
| Neil Sarnak | Senior Vice President of Enterprise Operations and Technology |
| Dennis Hermonstyne | Senior Vice President and Chief Compliance Officer |
| Steve Johnson | Senior Vice President and Head of Production and Sales |