MarketBeat
31 Oct 2026, 07:15 UTC · 13h ago
What Freddie Mac (FMCC) Said on Its Q3 Earnings Call
Impact · against what's priced in
Freddie Mac shows strong net income growth and a faster path toward closing its capital shortfall, but these gains are countered by a sharp rise in credit loss provisions. The significant jump in provisions and ticking up delinquency rates in both single-family and multifamily portfolios introduce new risk premiums for the coming year.
- FMCC+0.20
No priced-in read yet
- In context
Net income grew 17% to $3.2 billion and net worth rose 20% to $81 billion, accelerating the recovery of the $98 billion shortfall, though this is partially offset by a 357% increase in credit loss provisions to $800 million.
Read from the article alone
