Source-grounded facts extracted from FEDERAL HOME LOAN MORTGAGE CORP's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
FEDERAL HOME LOAN MORTGAGE CORP reported the quarter ended March 31, 2026 results: revenue $6.1 billion, net income $3.6 billion.
“Freddie Mac (OTCQB: FMCC) today reported net income of $3.6 billion for the first quarter of 2026, up 27% from the first quarter of 2025, primarily driven by higher net revenues and a credit reserve release in the current period compared to a credit reserve build in the first quarter of 2025. Net revenues were $6.1 billion for the first quarter of 2026, up 5% year-over-year, primarily driven by higher net interest income, partially offset by lower non-interest income.”
Governance Changes
FEDERAL HOME LOAN MORTGAGE CORP: Amended and restated Bylaws to add introductory paragraph summarizing FHFA authority during Conservatorship and modify Sections 4.7 and 4.12 regarding Vice Chair of the Board (effective 2025-08-12).
“Effective August 12, 2025, Freddie Mac (formally known as the Federal Home Loan Mortgage Corporation) (the “Company”) amended and restated its Bylaws (as so amended and restated, the “Bylaws”): • to add an introductory paragraph summarizing the authority of FHFA while the Company is in Conservatorship, and • to modify Section 4.7 and Section 4.12 to provide for the role of Vice Chair of the Board.”
David S. Farbman was appointed as Vice-Chair of the Board at FEDERAL HOME LOAN MORTGAGE CORP.
“Effective April 9, 2025, the Board of Directors of Freddie Mac (formally, the Federal Home Loan Mortgage Corporation) announced that David S. Farbman has been appointed as Vice-Chair of the Board.”
Michael Parrott was appointed as Director at FEDERAL HOME LOAN MORTGAGE CORP.
“On March 28, 2025, the U.S. Federal Housing FHFA (the Federal Housing Finance Agency), acting as Conservator, appointed Michael Parrott to the Freddie Mac Board, effective as of March 28, 2025.”
Grace A. Huebscher resigned as Director at FEDERAL HOME LOAN MORTGAGE CORP.
“On March 24, 2025, Grace A. Huebscher notified us of her resignation from the Federal Home Loan Mortgage Corporation (Freddie Mac) Board of Directors, effective as of that date.”
David Farbman was appointed as Director at FEDERAL HOME LOAN MORTGAGE CORP.
“On March 19, 2025, the U.S. Federal Housing FHFA (the Federal Housing Finance Agency), acting as Conservator, appointed David Farbman to the Freddie Mac Board, effective as of March 19, 2025.”
Christopher E. Herbert resigned as Director at FEDERAL HOME LOAN MORTGAGE CORP.
“On March 19, 2025, Christopher E. Herbert notified us of his resignation from the Federal Home Loan Mortgage Corporation (Freddie Mac) Board of Directors, effective as of that date.”
Michael T. Hutchins was appointed as Director at FEDERAL HOME LOAN MORTGAGE CORP.
“Mr. Hutchins also became a member of the Company’s Board of Directors on that date.”
Michael T. Hutchins was appointed as President and Interim Chief Executive Officer at FEDERAL HOME LOAN MORTGAGE CORP.
“On March 20, 2025, U.S. Federal Housing FHFA (the Federal Housing Finance Agency), acting as conservator, appointed Freddie Mac (formally the Federal Home Loan Mortgage Corporation) (the ‘Company’) President Michael T. Hutchins to the dual role of President and Interim Chief Executive Officer, effective as of March 20, 2025.”
Diana Reid departed as Director at FEDERAL HOME LOAN MORTGAGE CORP.
“Ms. Reid will no longer serve as a member of the Company’s Board of Directors (the 'Board'), effective as of March 20, 2025.”
Diana Reid departed as Chief Executive Officer at FEDERAL HOME LOAN MORTGAGE CORP.
“The Company also announced the departure of Chief Executive Officer, Diana Reid. Ms. Reid will no longer serve as a member of the Company’s Board of Directors (the 'Board'), effective as of March 20, 2025.”
William J. Pulte was appointed as Board Chair at FEDERAL HOME LOAN MORTGAGE CORP.
“appointed Brandon Hamara, Clinton Jones, Ralph “Cody” Kittle, and William J. Pulte to the Freddie Mac Board, effective as of March 17, 2025. Mr. Pulte will serve as Board Chair.”
Ralph "Cody" Kittle was appointed as Director at FEDERAL HOME LOAN MORTGAGE CORP.
“On March 17, 2025, the U.S. Federal Housing FHFA (the Federal Housing Finance Agency), acting as Conservator, appointed Brandon Hamara, Clinton Jones, Ralph “Cody” Kittle, and William J. Pulte to the Freddie Mac Board, effective as of March 17, 2025.”
Clinton Jones was appointed as Director at FEDERAL HOME LOAN MORTGAGE CORP.
“On March 17, 2025, the U.S. Federal Housing FHFA (the Federal Housing Finance Agency), acting as Conservator, appointed Brandon Hamara, Clinton Jones, Ralph “Cody” Kittle, and William J. Pulte to the Freddie Mac Board, effective as of March 17, 2025.”
Brandon Hamara was appointed as Director at FEDERAL HOME LOAN MORTGAGE CORP.
“On March 17, 2025, the U.S. Federal Housing FHFA (the Federal Housing Finance Agency), acting as Conservator, appointed Brandon Hamara, Clinton Jones, Ralph “Cody” Kittle, and William J. Pulte to the Freddie Mac Board, effective as of March 17, 2025.”
Jane E. Prokop was elected as Board of Directors at FEDERAL HOME LOAN MORTGAGE CORP.
“On January 2, 2025, Freddie Mac (formally the Federal Home Loan Mortgage Corporation) elected Jane E. Prokop to its Board of Directors (the Board), effective as of January 2, 2025.”
James Whitlinger was appointed as Executive Vice President and Chief Financial Officer at FEDERAL HOME LOAN MORTGAGE CORP.
“On January 7, 2025, Freddie Mac (formally the Federal Home Loan Mortgage Corporation) announced James Whitlinger has been appointed as Executive Vice President and Chief Financial Officer, effective January 1, 2025.”
Michael Hutchins changed role as President at FEDERAL HOME LOAN MORTGAGE CORP.
“President and Interim CEO Michael Hutchins will continue as Freddie Mac's President.”
Michael Hutchins departed as Member of the Board of Directors at FEDERAL HOME LOAN MORTGAGE CORP.
“Mr. Hutchins will leave the Freddie Mac Board of Directors concurrent with Ms. Reid’s appointment.”
Diana W. Reid was appointed as Member of the Board of Directors at FEDERAL HOME LOAN MORTGAGE CORP.
“Ms. Reid also will become a member of Freddie Mac’s Board of Directors on September 10, 2024.”
Diana W. Reid was appointed as Chief Executive Officer at FEDERAL HOME LOAN MORTGAGE CORP.
“Diana W. Reid has been appointed as Chief Executive Officer, effective September 10, 2024.”
James Whitlinger was appointed as Interim Chief Financial Officer at FEDERAL HOME LOAN MORTGAGE CORP.
“On June 28, 2024, Freddie Mac (formally the Federal Home Loan Mortgage Corporation) appointed James Whitlinger as the company’s Interim Chief Financial Officer, effective June 29, 2024.”
Christian Lown departed as Chief Financial Officer at FEDERAL HOME LOAN MORTGAGE CORP.
“On June 5, 2024, Christian Lown, Chief Financial Officer (CFO) of Freddie Mac (formally the Federal Home Loan Mortgage Corporation) notified Freddie Mac of his intention to step down from his position as CFO, effective June 28, 2024.”
Earnings Releases
FEDERAL HOME LOAN MORTGAGE CORP reported the quarter ended March 31, 2024 results: revenue $5.8 billion, net income $2.8 billion.
“Net revenues were $5.8 billion for the first quarter of 2024”
Michael T. Hutchins was appointed as Interim Chief Executive Officer at FEDERAL HOME LOAN MORTGAGE CORP.
“President Michael T. Hutchins has been appointed to the additional role of interim CEO of the company effective March 16, 2024 and will become a member of Freddie Mac’s Board of Directors on that date.”
Michael J. DeVito departed as Chief Executive Officer at FEDERAL HOME LOAN MORTGAGE CORP.
“Following the departure of Michael J. DeVito as Freddie Mac’s Chief Executive Officer (CEO) effective March 15, 2024”
Earnings Releases
FEDERAL HOME LOAN MORTGAGE CORP reported the fourth quarter and full-year ended December 31, 2023 results: revenue $5.4 billion, net income $2.9 billion.
“and a credit reserve release in Single-Family in the fourth quarter of 2023 compared to a credit reserve build in Single-Family in the fourth quarter of 2022. • Net revenues of $5.4 billion, an increase of 11% year-over-year, driven by higher net interest income and non-interest income. • Benefit for credit losses of $0.5 billion, primarily driven by a credit”
Roy Swan was elected as Director at FEDERAL HOME LOAN MORTGAGE CORP.
“On January 10, 2024, Freddie Mac (formally the Federal Home Loan Mortgage Corporation) elected Roy Swan to its Board of Directors (the Board), effective as of February 19, 2024.”
Alberto Musalem resigned as Director at FEDERAL HOME LOAN MORTGAGE CORP.
“On December 29, 2023, Alberto Musalem notified Freddie Mac (formally known as the Federal Home Loan Mortgage Corporation) that he will resign from Freddie Mac’s Board of Directors, effective February 19, 2024, because he is assuming the role of president and chief executive officer of the Federal Reserve Bank of St. Louis.”
Earnings Releases
FEDERAL HOME LOAN MORTGAGE CORP reported for the quarter ended September 30, 2023 results: revenue $5.7 billion, net income $2.7 billion.
“primarily driven by a credit reserve release in Single-Family in the current period compared to a credit reserve build in Single-Family in the prior period. • Net revenues of $5.7 billion, an increase of 10% year-over-year, driven by higher net interest income and non-interest income. • Benefit for credit losses of $0.3 billion, primarily driven by increases in”
Michael J. DeVito departed as Chief Executive Officer at FEDERAL HOME LOAN MORTGAGE CORP.
“On September 5, 2023, Michael J. DeVito, Chief Executive Officer (CEO) of Freddie Mac (formally the Federal Home Loan Mortgage Corporation) notified Freddie Mac’s Board of Directors of his intention to retire as CEO and as a member of the company’s Board of Directors in the first quarter of 2024.”
Earnings Releases
FEDERAL HOME LOAN MORTGAGE CORP reported the quarter ended June 30, 2023 results: revenue $5.3 billion, net income $2.9 billion.
“Consolidated • Net income of $2.9 billion, an increase of 20% year-over-year, with the increase primarily driven by a credit reserve release in Single-Family • Net revenues of $5.3 billion, a decrease of 1% year-over-year, as lower net interest income was partially offset by an increase in non-interest income • Benefit for credit losses of $0.5 billion, primarily”
Shareholder Votes
FEDERAL HOME LOAN MORTGAGE CORP shareholders approved Re-election of directors by Conservator at the 2023-06-16 meeting.
“On June 16, 2023, the Conservator executed a written consent re-electing each of the then-current directors as members of Freddie Mac's Board of Directors, effective as of the same day. The individuals elected by the Conservator for another term as Directors are listed below.”
Earnings Releases
FEDERAL HOME LOAN MORTGAGE CORP reported financial results for the quarter ended March 31, 2023.
“On May 3, 2023, Freddie Mac (formally known as the Federal Home Loan Mortgage Corporation) announced its results of operations for the quarter ended March 31, 2023. A copy of the related press release for the quarter ended March 31, 2023 is being filed as Exhibit 99.1 to this report and is incorporated herein by reference.”
Earnings Releases
FEDERAL HOME LOAN MORTGAGE CORP reported financial results for the quarter and full-year ended December 31, 2022.
“On February 22, 2023, Freddie Mac (formally known as the Federal Home Loan Mortgage Corporation) announced its results of operations for the quarter and full-year ended December 31, 2022.”
Earnings Releases
FEDERAL HOME LOAN MORTGAGE CORP reported the quarter ended September 30, 2022 results: revenue $5.2 billion, net income $1.3 billion.
“McLean, VA — Freddie Mac (OTCQB: FMCC) today reported net income of $1.3 billion for the third quarter of 2022, a decrease of 55% year-over-year, primarily driven by a credit reserve build in Single-Family. Net revenues were $5.2 billion, down 1% year-over-year,”
Donna Corley departed as EVP, Single-Family Business at FEDERAL HOME LOAN MORTGAGE CORP.
“On May 25, 2022, Freddie Mac (formally the Federal Home Loan Mortgage Corporation) entered into a Separation Agreement and General Release (Agreement and Release) with Donna Corley in connection with her stepping down from her position as head of Freddie Mac’s Single-Family division, which was previously disclosed on and effective May 26, 2022.”
Jerry Weiss changed role as Chief Administrative Officer at FEDERAL HOME LOAN MORTGAGE CORP.
“Ms. Mason will succeed Mr. Weiss with respect to his role as Interim General Counsel.”
Heidi Mason was appointed as Executive Vice President and General Counsel at FEDERAL HOME LOAN MORTGAGE CORP.
“On February 14, 2022, Freddie Mac announced that Heidi Mason will join Freddie Mac as Executive Vice President and General Counsel, effective March 7, 2022.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.