Highest-materiality recent filing
Freddie Mac Q1 2026 net income $3.6B, up 27% YoY; net revenues $6.1B, up 5%
Net income $3.6B vs $2.8B in Q1 2025; benefit for credit losses $0.3B vs provision $0.3B a year ago.
Freddie Mac Q4 net income $2.8B, down 14% YoY; full-year net $10.7B, down 10%
Net income $2.8B for Q4 2025, down 14% YoY; full-year net income $10.7B, down 10% YoY.
Freddie Mac appoints Kenny M. Smith as CEO, effective Dec 17, 2025
Kenny M. Smith named CEO; joins Board of Directors effective Dec 17, 2025.
Net income of $2.8B, down 11% YoY; net revenues $5.7B, down 2%.
Freddie Mac Q2 net income $2.4B, down 14% YoY; credit loss provision rises to $0.8B
Net income $2.4B, down 14% YoY; net revenues $5.9B, down 1% YoY.
Freddie Mac Q1 net income $2.8B, up 1% YoY; multifamily net income falls 35%
Net income of $2.8B, up 1% YoY; net revenues of $5.9B, up 2% YoY.
CEO Diana Reid removed; President Michael Hutchins appointed interim CEO
FHFA, as conservator, removed CEO Diana Reid effective March 20, 2025; she also left the board.
FHFA appoints four new directors to Freddie Mac board; removes six incumbents
FHFA named Brandon Hamara, Clinton Jones, Ralph 'Cody' Kittle, and William J. Pulte to Freddie Mac board, effective March 17, 2025.
Freddie Mac Q4 net income $3.2B, up 11% YoY; full-year net income $11.9B
Q4 net income $3.2B (11% YoY increase); full-year net income $11.9B (13% YoY increase).
Removes provision requiring Treasury consent only under certain conditions; now requires Treasury consent for any exit other than mandatory receivership.
Freddie Mac Q3 2024 net income $3.1B, up 16% YoY; new business activity $98B
Net income $3.1B vs $2.7B in Q3 2023; net revenues $5.8B, up 3% YoY.
Freddie Mac appoints Diana Reid as CEO effective September 10, 2024
Diana Reid named CEO, effective immediately; she also joins the Board of Directors.
Freddie Mac launches cash tender offer for any and all of 12 STACR note series
Offer covers STACR notes with original principal amounts ranging from $20M to $447M; total ~$1.03B.
Freddie Mac reports Q2 2024 net income of $2.8B, down 6% YoY
Net income $2.8B, down 6% YoY; net revenues $6.0B, up 12% YoY.
Freddie Mac CFO Christian Lown to step down effective June 28, 2024
CFO Christian Lown notified of intention to step down; effective June 28, 2024.
Freddie Mac Q1 2024 net income $2.8B, up 39% YoY; net revenue $5.8B, up 19% YoY
Net income of $2.8B, up 39% YoY; net revenues $5.8B, up 19% YoY; net interest income $4.8B (+6%).
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.
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.
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.
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.
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.
Mr. Hutchins also became a member of the Company’s Board of Directors on that date.
Ms. Reid will no longer serve as a member of the Company’s Board of Directors (the 'Board'), effective as of March 20, 2025.
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.
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.
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.
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.
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.
Max materiality 0.90 · Median 0.55 · Most common event leadership