Federal Home Loan Mortgage Corporation (QB) (FMCCJ) Share Price

Presumably "the conservatorship" is now a past tense...

From the FNMA board.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175835702

Stock recoving nicely... hope you sold and have to buy back higher!!!

I guess the good thing is X didn’t die after he did what he did…

Your welcomed. I did not sell. Same fate as others. Btw, nice to see another former enz* poster

good thing your here to tell us.

Stock is dropping fast. Watch below!

Musk, the other president in his own company, fired 80% of his Twitter staff after he purchased Twitter which is now known as X. It is the same trend

Fha not Fhfa

40% Cut at FHA…..

https://www.thetruthaboutmortgage.com/fha-layoffs-40-of-staff-to-be-let-go-in-latest-government-cuts/

Many of us have been aware, hearing and waiting for the privatization since 2008. There have been many commotions ever since. If you become aware of this type of talk now, you are 16 to 17 years too late !

If someone misses this out

If the treasury is counting on trump to pull the trigger, I believe we will be in for a wait toward the end of his term, hopefully the third year

US Single-Family Housing Starts Tumble in January

https://www.usnews.com/news/top-news/articles/2025-02-19/us-single-family-housing-starts-tumble-in-january $FMCC

unless your trading I dont think there will be any issue once Pulte is in and they pull the trigger. Right now Tim Scott is stirring the pot with his protecting the Taxpayer crap. guess what, HUD rides off taxpayers, his words are hypocritical at best. U see HUD has a say in Freddie Macs mission and standards, Tim is buds with HUDs. Scott is not investor friendly, and I think its putting a damper on FMCC performance. soo Im thinking Treasury will be the lead, off of Trump pulling the trigger, on everything going forward.

I put a lot of faith in Navy, my predictions are pure speculation but when your glued to this stock as much as I am it’s almost predictable.

Honestly, its becoming harder with all the players and pieces lining up.

I think if or when they do go to the big board the gap will close by 20 cents.

I’m 70/30 FNMA to FMCC and I have been day trading with 50k with FMCC only with these swings, I’m up a little over 9K doing this.

I bought some URA too last Friday at $28.01, Govt insiders on this. Also, own SPYI for high dividend. Picked up $505 last month on 40K.

I’m kicking myself for not buying INTC, smart guy on X recommend this in the 19 range. It’s up $7 in last 3-4 weeks.

GL

Sammy... I am kind of curious why the spread has gotten as wide as it has... you are normally spot on with predictions... what are your thoughts?

I believe the administration will want and need the 200B going toward “balancing the budget” . SWF is simply a piggy bank to keep the money there without any questions. Other agencies besides Treasury can always tap in with an executive order. The admin is not ready for sure to let go of the money as yet

What happen to this trailing by 4 cents pretty regularly ? I thought it was written FMCC was in better position to exit before FNMA based of capital requirements?

Key thing is that Treasury cannot blank check things to Obama care, Hud, illegals like they did for Trillions to date. DOGE found exactly how Treasury was taking GSE money and channeling it without have to mark a TAS code to it. open checkbook to whomever wanted it. Steve Mnuchin should be worried, very worried. SS is next, they gave trillions to who, illegals. lets hope they can find a way to trace funds. Worst case do a claw back, best case SM in jail.

Soverign Wealth Fund might be a good idea now, but when a bunch of folks from the opposite party get in as the majority, they will try to liquidate and use as their own piggy bank, at minimum they will try to steal what they can. Social Security is a prime example. It was supposed to provide for one thing/purpose. It currently provides for nummerous things that it was not intended to and has been tapped by various administrations as a bail out vehicle.

SWF is a bad idea in this country due to the overwhelming bad moral hazzard, decay of this countries politicians morals and honor. Examples: Lamberth, SCOTUS, Federal and other justices using their position to run government and not determine the law, many politicians to numerous to list. The fact that we allow lobbiests to control our elected officials. Then there's numerous other reason like manipultaion of stock values due to governments positions. It's an all around bad idea.

good find, and already news and rumors that profits from uplist offering will go into that fund, not Treasury's back pocket.

Here https://www.federalregister.gov/documents/2025/02/10/2025-02477/a-plan-for-establishing-a-united-states-sovereign-wealth-fund

Do not see a link.

I posted the link time stamp 24:30 watch it.

Do you have a link to what you are referencing?

Trump and shareholders know the truth. Having GSE's in CONservatorship funding government OVER SPENDING is not their purpose. Their purpose is housing. Trump will end the criminal takeover and hopefully expose it.

Quick question.... why would the current administration give up the billions being pulled in from these entities and release them?

https://www.doge-tracker.com/

Watching real-time when FHFA gets reviewed….

WE GOT LESS THAN 90 DAYS until we find out how they are going to fund this thing? Could the DJT admin be wanting some $200 Billion quick cash ??? 90 days lets see.
https://www.federalregister.gov/documents/2025/02/10/2025-02477/a-plan-for-establishing-a-united-states-sovereign-wealth-fund

FMCC may have an excellent financial, but FnF would not be released until the top commander gives an executive order, and that will come toward the end of the fourth year. FnF is the golden eggs, of which the revenues are much needed to balance the budget during the next four years. Patience is key !

We will cross that bridge too. All we need is one drop of hint from Bessemt or Trump or DOGE or Pulte ..

The next leg up is gonna cross to double digits in a jiffy upon the big kahunas saying something

Our real test on both GSE's will be getting to $8. The folks who are limiting the price rise on this should be attacking this rise very soon. They will drop it back to $6 and change or $6. It's getting harder for the price to be manipulated by whoever is doing it, with more new investors and money getting poured in, the share float is starting to evaporate, which is exactly what we want. Once most shares are in hands who are diamond hands, the shorters and manipulation will fall off. JMHO

We finally got a breakout over the rim! Next week could be fun with continuation! GLTA!!

Good earnings tomorrow we drop
again I suppose, follow suit is only logical.

ok now we can complain

Correct, I’m aware, it would be nice to be treated normal for once !

Sammy, it usually goes down after good earnings, lets take it.

did KThompsonCarneyClownClub write another hit piece? they must by frantically typing, profits through the roof and stock is up, not typical. they will time it with down cycle at the very least......Freaks

Anyone else shows earnings like this Stock goes up, need insiders !

Exactly why clowns writing hit pieces like Zandi, Carney, etc. are FOS!!! They can do nothing but try to predict bad mortgage rate outcomes, which is a joke.

Thank you.

MacLean, VA — Freddie Mac (OTCQB: FMCC) today reported net income of $3.2 billion for the fourth quarter of 2024, an increase of 11% year-over-year, primarily driven by higher net revenues, partially offset by a provision for credit losses in the current period compared to a benefit for credit losses in the prior period.

Net revenues were $6.3 billion for the fourth quarter of 2024, up 18% year-over-year, primarily driven by higher net interest income and higher non-interest income. Net interest income for the fourth quarter of 2024 was $5.1 billion, up 6% year-over-year, primarily driven by continued mortgage portfolio growth and lower funding costs due to increasing net worth. Non-interest income for the fourth quarter of 2024 was $1.3 billion, compared to $0.6 billion for the fourth quarter of 2023, primarily driven by an increase in net investment gains.

Provision for credit losses was $0.1 billion for the fourth quarter of 2024 compared to a benefit for credit losses of $0.5 billion for the fourth quarter of 2023.

Full-Year 2024 Financial Results

Freddie Mac reported net income of $11.9 billion for full-year 2024, an increase of 13% year-over-year, primarily driven by higher net revenues, partially offset by a credit reserve build in Single-Family in the current period compared to a credit reserve release in Single-Family in the prior period.

Net revenues were $23.9 billion for full-year 2024, up 13% year-over-year, driven by higher net interest income and higher non-interest income. Net interest income for full-year 2024 was $19.7 billion, up 6% year-over-year, primarily driven by continued mortgage portfolio growth and lower funding costs due to increasing net worth. Non-interest income was $4.2 billion for full-year 2024, up 55% year-over-year, primarily driven by an increase in net investment gains.

Provision for credit losses was $0.5 billion for full-year 2024, primarily driven by a credit reserve build in Single-Family attributable to new acquisitions. The benefit for credit losses of $0.9 billion for full-year 2023 was primarily driven by a credit reserve release in Single-Family due to improvements in house prices.
Bullish
Bullish

Thursday, February 13, 2025 8:05:13 AM
Post#817451 of 817451
Boooom ! Freddie Mac Fourth Quarter and Full-Year 2024 Financial Results
navycmdr Re: None
February 13, 2025

The FMCC fins look pretty good. Better an increase in earnings than a decrease. FMCC

I did not happen in the past, but I think it may help this time. The question is how big of an effect this time?

What does this have to do with FMCC release?

Does anyone think the reports will dramatically effect the open tomorrow one way or another? It looks like past earnings hasn't had any effect on the stock price.

For ALL those who may be interested ....

TOAST!

February 17, 2025 7pm Wynn Las Vegas Overlook Lounge FNMA FMCC 8pm Steve Wynn and Bill Ackman invited as well as the few longs here on Investorshub. Money Show that week at the Paris Casino.

Report leaks???

I haven't seen much. This was posted on Yahoo...

https://finance.yahoo.com/news/freddie-mac-announces-tender-offer-141102381.html

Anyone has earnings reports? Fmcc keeps all profits?