Federal Home Loan Mortgage Corporation (QB) (FMCCO) Share Price

I believe the administration will want and need the 200B going toward “balancing the budget” . SWF is simply a piggy bank to keep the money there without any questions. Other agencies besides Treasury can always tap in with an executive order. The admin is not ready for sure to let go of the money as yet

What happen to this trailing by 4 cents pretty regularly ? I thought it was written FMCC was in better position to exit before FNMA based of capital requirements?

Key thing is that Treasury cannot blank check things to Obama care, Hud, illegals like they did for Trillions to date. DOGE found exactly how Treasury was taking GSE money and channeling it without have to mark a TAS code to it. open checkbook to whomever wanted it. Steve Mnuchin should be worried, very worried. SS is next, they gave trillions to who, illegals. lets hope they can find a way to trace funds. Worst case do a claw back, best case SM in jail.

Soverign Wealth Fund might be a good idea now, but when a bunch of folks from the opposite party get in as the majority, they will try to liquidate and use as their own piggy bank, at minimum they will try to steal what they can. Social Security is a prime example. It was supposed to provide for one thing/purpose. It currently provides for nummerous things that it was not intended to and has been tapped by various administrations as a bail out vehicle.

SWF is a bad idea in this country due to the overwhelming bad moral hazzard, decay of this countries politicians morals and honor. Examples: Lamberth, SCOTUS, Federal and other justices using their position to run government and not determine the law, many politicians to numerous to list. The fact that we allow lobbiests to control our elected officials. Then there's numerous other reason like manipultaion of stock values due to governments positions. It's an all around bad idea.

good find, and already news and rumors that profits from uplist offering will go into that fund, not Treasury's back pocket.

Here https://www.federalregister.gov/documents/2025/02/10/2025-02477/a-plan-for-establishing-a-united-states-sovereign-wealth-fund

Do not see a link.

I posted the link time stamp 24:30 watch it.

Do you have a link to what you are referencing?

Trump and shareholders know the truth. Having GSE's in CONservatorship funding government OVER SPENDING is not their purpose. Their purpose is housing. Trump will end the criminal takeover and hopefully expose it.

Quick question.... why would the current administration give up the billions being pulled in from these entities and release them?

https://www.doge-tracker.com/

Watching real-time when FHFA gets reviewed….

WE GOT LESS THAN 90 DAYS until we find out how they are going to fund this thing? Could the DJT admin be wanting some $200 Billion quick cash ??? 90 days lets see.
https://www.federalregister.gov/documents/2025/02/10/2025-02477/a-plan-for-establishing-a-united-states-sovereign-wealth-fund

FMCC may have an excellent financial, but FnF would not be released until the top commander gives an executive order, and that will come toward the end of the fourth year. FnF is the golden eggs, of which the revenues are much needed to balance the budget during the next four years. Patience is key !

We will cross that bridge too. All we need is one drop of hint from Bessemt or Trump or DOGE or Pulte ..

The next leg up is gonna cross to double digits in a jiffy upon the big kahunas saying something

Our real test on both GSE's will be getting to $8. The folks who are limiting the price rise on this should be attacking this rise very soon. They will drop it back to $6 and change or $6. It's getting harder for the price to be manipulated by whoever is doing it, with more new investors and money getting poured in, the share float is starting to evaporate, which is exactly what we want. Once most shares are in hands who are diamond hands, the shorters and manipulation will fall off. JMHO

We finally got a breakout over the rim! Next week could be fun with continuation! GLTA!!

Good earnings tomorrow we drop
again I suppose, follow suit is only logical.

ok now we can complain

Correct, I’m aware, it would be nice to be treated normal for once !

Sammy, it usually goes down after good earnings, lets take it.

did KThompsonCarneyClownClub write another hit piece? they must by frantically typing, profits through the roof and stock is up, not typical. they will time it with down cycle at the very least......Freaks

Anyone else shows earnings like this Stock goes up, need insiders !

Exactly why clowns writing hit pieces like Zandi, Carney, etc. are FOS!!! They can do nothing but try to predict bad mortgage rate outcomes, which is a joke.

Thank you.

MacLean, VA — Freddie Mac (OTCQB: FMCC) today reported net income of $3.2 billion for the fourth quarter of 2024, an increase of 11% year-over-year, primarily driven by higher net revenues, partially offset by a provision for credit losses in the current period compared to a benefit for credit losses in the prior period.

Net revenues were $6.3 billion for the fourth quarter of 2024, up 18% year-over-year, primarily driven by higher net interest income and higher non-interest income. Net interest income for the fourth quarter of 2024 was $5.1 billion, up 6% year-over-year, primarily driven by continued mortgage portfolio growth and lower funding costs due to increasing net worth. Non-interest income for the fourth quarter of 2024 was $1.3 billion, compared to $0.6 billion for the fourth quarter of 2023, primarily driven by an increase in net investment gains.

Provision for credit losses was $0.1 billion for the fourth quarter of 2024 compared to a benefit for credit losses of $0.5 billion for the fourth quarter of 2023.

Full-Year 2024 Financial Results

Freddie Mac reported net income of $11.9 billion for full-year 2024, an increase of 13% year-over-year, primarily driven by higher net revenues, partially offset by a credit reserve build in Single-Family in the current period compared to a credit reserve release in Single-Family in the prior period.

Net revenues were $23.9 billion for full-year 2024, up 13% year-over-year, driven by higher net interest income and higher non-interest income. Net interest income for full-year 2024 was $19.7 billion, up 6% year-over-year, primarily driven by continued mortgage portfolio growth and lower funding costs due to increasing net worth. Non-interest income was $4.2 billion for full-year 2024, up 55% year-over-year, primarily driven by an increase in net investment gains.

Provision for credit losses was $0.5 billion for full-year 2024, primarily driven by a credit reserve build in Single-Family attributable to new acquisitions. The benefit for credit losses of $0.9 billion for full-year 2023 was primarily driven by a credit reserve release in Single-Family due to improvements in house prices.
Bullish
Bullish

Thursday, February 13, 2025 8:05:13 AM
Post#817451 of 817451
Boooom ! Freddie Mac Fourth Quarter and Full-Year 2024 Financial Results
navycmdr Re: None
February 13, 2025

The FMCC fins look pretty good. Better an increase in earnings than a decrease. FMCC

I did not happen in the past, but I think it may help this time. The question is how big of an effect this time?

What does this have to do with FMCC release?

Does anyone think the reports will dramatically effect the open tomorrow one way or another? It looks like past earnings hasn't had any effect on the stock price.

For ALL those who may be interested ....

TOAST!

February 17, 2025 7pm Wynn Las Vegas Overlook Lounge FNMA FMCC 8pm Steve Wynn and Bill Ackman invited as well as the few longs here on Investorshub. Money Show that week at the Paris Casino.

Report leaks???

I haven't seen much. This was posted on Yahoo...

https://finance.yahoo.com/news/freddie-mac-announces-tender-offer-141102381.html

Anyone has earnings reports? Fmcc keeps all profits?

Dropped back to $6.20 today, $FMCC~ POS!

Bessent was positive in my opinion

But we all know

Carney
Whalen
Etc

Will run fake news release is not going to happen due to interest rate concerns

It’s too easy for them with this info

We are going to have to weather the storm until admin action

Happy about Turner news and now Bessent did say after taxes but the interest rate thing gave the fake news media a bone to print more crapola

We have to have more patience until plan is released after Pulte confirmed

Well FNMA COO officially in the GREEN now!

Geithner a real POS !

...LOL. I'm sure them apples would be very overripe 😁 (The Amish horse buggy leave those kind of presents)

It's too bad that we have been recently plagued by some of them "alter egos" e.g. John Carney -spewing their bad energy here and I'm trying to set the positive vibe for us cool folks.

Wish I had X-Men abilities, I’d send him a steaming pile of road apples.
What a waste of space.
Freddie

Repeat the rhetoric... 💤 💤 😴 💤

FMCC dropping quick, so much for the initial gains.

Yeah, good ole FMCC back to $5.35 pps a retrace to 30 Jan pps. 15 Jan inter day high was $7.15, we have a long way to go just to retrace that fellas. FMCC best get on that 3:10 to Yuma soon. 🤠

Who here is taking a dip in a cesspool today, I cannot find the prior post.

Trump will make his promise happened soon- release of FnF out of conservatorship

Trump will make his promise happened soon- release of FnF out of conservatorship

Punxsutawney Phil is back with a vengeance




This critter is beyond a Tool

Yeah

Why wait on Pulte

Start now with Bessent

Or appoint Pulte like Demarco was and get er done

I agree this plan will be mis-used by either party in later years, just like the Social Security plan accounts were looted by the GOVT parties.
IN OTHER WORDS, ANY PEOPLE IN THE GOVT CANNOT BE ABSOLUTELY TRUSTED.
NOT ONE OF THEM !!
I rather save my money than give it to the govt or someone else to save it for me.

MY take on this soverign wealth fund so far is, it is a vehicle for government to invest (for the American people), government should not be allowed into skewing markets with their financial muscle, whether through CONservatorships or wealth funds. They should not be allowed to invest in anything, for anyone, including taxpayers. Like most things, it starts out with the old familiar tag line "for taxpayers" and good intentions, but as we have witnessed numerous times throughout history, governments good intentions with taxpayers always ends up costing us much more later on. The road to hell is paved with good intentions .

Democrats, if they can not stop this, they will for sure be working on a plan TODAY to use this fund to their benefit and to the detriment of the American taxpayer if they ever get control again. Until they prevent executive orders, or unless they require a 75% vote of congress and the Senate, plus presidents signature to do anything with this fund, and also immunize it from any presidential exec order other than extreme emergency, this is a house of cards, in my honest opinion. Half the soverign wealth fund countries are above board, the other half corrupt as hell, so having a soverign wealth fund does not uncomplicate anything, on the contrary. Having one here in our country becomes to enticing a chunk of monetary power for a government that has seen serious corruption these last many decades.

The devil, as always, is in the details. I am not a fan by any means of letting government invest in markets and pick winners and losers, this is a recipe for disasterous outcomes...UNLESS you can fully mistake proof, corrupt-proof, pork-proof, criminal-proof, partisan-proof, and Democrat proof the way it is structured and it's bylaws, it will be taken advantage of by the firstgroup of partisan lawyers that start picking their way through the bylaws, just as they did with the GSE's charters.

Wish they did that to fhfa too