earnings
confidence high
sentiment negative
materiality 0.75
Freddie Mac Q4 net income $1.8B (-36% YoY); full-year $9.3B (-23% YoY)
FEDERAL HOME LOAN MORTGAGE CORP
2022-FY EPS reported
$0.11
- Net revenues $4.8B (-13% YoY); provision for credit losses $0.6B vs $0.1B in Q4 2021.
- Single-Family net income $1.5B (-33% YoY); Multifamily net income $0.3B (-48% YoY).
- Net worth $37.0B; total mortgage portfolio $3.4T (+6% YoY).
- Financed 1.8M mortgages and 693K rental units in 2022; 444K first-time homebuyers.
- Serious delinquency rate 0.66% (down from 1.12% at Dec 2021); credit enhancement coverage 61%.