Freddie Mac Issues Monthly Volume Summary for August 2024
Rhea-AI Summary
Freddie Mac (OTCQB: FMCC) has released its Monthly Volume Summary for August 2024, providing insights into the company's mortgage-related activities. The summary covers various aspects of Freddie Mac's operations, including securities issuance, risk management, delinquencies, debt activities, and other investments.
Freddie Mac's mission focuses on making homeownership accessible to families across the United States. The organization aims to promote liquidity, stability, affordability, and equity in the housing market throughout all economic cycles. Since its inception in 1970, Freddie Mac has assisted tens of millions of families in buying, renting, or maintaining their homes.
Positive
- Released Monthly Volume Summary for August 2024, providing transparency on mortgage-related activities
- Continues to support its mission of making homeownership accessible to families across the US
- Promotes liquidity, stability, affordability, and equity in the housing market
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, FMCC gained 0.84%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
MCLEAN, Va., Sept. 25, 2024 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today posted to its website its Monthly Volume Summary for August 2024, which provides information on Freddie Mac’s mortgage-related portfolios, securities issuance, risk management, delinquencies, debt activities and other investments.
Freddie Mac’s mission is to make home possible for families across the nation. We promote liquidity, stability, affordability and equity in the housing market throughout all economic cycles. Since 1970, we have helped tens of millions of families buy, rent or keep their home. Learn More: Website | Consumers | LinkedIn | Facebook| X | Instagram | YouTube
MEDIA CONTACT: Fred Solomon
703-903-3861
Frederick_Solomon@FreddieMac.com
INVESTOR CONTACT: Mahesh Lal
571-382-3630