secwatch.observer — SEC 8-K summary
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Issuer:     FEDERAL HOME LOAN MORTGAGE CORP (FMCC)
CIK:        0001026214
Form:       8-K
Filed at:   2024-07-31T23:59:59+00:00
Accession:  0001026214-24-000069
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Freddie Mac reports Q2 2024 net income of $2.8B, down 6% YoY
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- Net income $2.8B, down 6% YoY; net revenues $6.0B, up 12% YoY.
- Single-Family net income $2.3B (-4% YoY); provision for credit losses $0.3B.
- Multifamily net income $0.5B (-15% YoY); delinquency rate rose to 0.38% from 0.21%.
- Financed 349,000 homes/rental units; 53% of eligible single-family loans affordable to low/moderate income.
- Net worth $53.2B; senior preferred stock liquidation preference $123.1B as of June 30, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1026214/000102621424000069/0001026214-24-000069-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1026214/000102621424000069/fmcc-20240731.htm
  HTML page:      https://secwatch.observer/filing/0001026214-24-000069

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