Freddie Mac ( (FMCC) ) just unveiled an update.
On March 24, 2025, Grace A. Huebscher resigned from the Freddie Mac Board of Directors, where she was Chair of the Risk Committee and a member of several other committees. Subsequently, on March 28, 2025, Michael Parrott was appointed to the Board by the U.S. Federal Housing Finance Agency, acting as Conservator. This change in the board’s composition may impact Freddie Mac’s governance and strategic direction.
More about Freddie Mac
Freddie Mac, officially known as the Federal Home Loan Mortgage Corporation, operates in the financial services industry, primarily focusing on providing liquidity, stability, and affordability to the U.S. housing market. It does this by purchasing mortgages from lenders, which helps to ensure a steady supply of mortgage funds for homebuyers and rental property owners.
YTD Price Performance: 78.93%
Average Trading Volume: 6,551,276
Technical Sentiment Signal: Sell
Current Market Cap: $3.92B
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