Freddie Mac Q3 2024 net income $3.1B, up 16% YoY; new business activity $98B

FEDERAL HOME LOAN MORTGAGE CORP

2024-Q3 EPS reported -$0.01

Net income $3.1B vs $2.7B in Q3 2023; net revenues $5.8B, up 3% YoY.
Benefit for credit losses $0.2B; non-interest expense down $393M due to prior year trial accrual.
Single-Family net income $2.6B (+11% YoY); financed 284K mortgages, 51% affordable to low-moderate income.
Multifamily net income $0.5B (+47% YoY); financed 131K rental units, 94% affordable to low-moderate income.
Mortgage portfolio $3.5T (+2% YoY); net worth $56.4B; serious delinquency rate 0.54%.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.