Federal Home Loan Mortgage (OTC: FMCC)
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Federal Home Loan Mortgage Returns vs. S&P
|1 Year||5 Year||5 Year Annualized||Since IPO|
Federal Home Loan Mortgage Company Info
A stockholder-owned corporation chartered by Congress to create a flow of funds to mortgage lenders. Purchases certain residential mortgages that it finances by issuing mortgage pass through securities and debt instruments in the capital markets.
News & Analysis
After 12 years, the two government-sponsored entities are preparing to leave government control and launch a new public offering.
Investors have renewed hope for the two mortgage giants.
Both mortgage giants are down by double digits to start the week.
Consumers might get a small silver lining amid the market turmoil.
Rate-wise, there's never been a better time to buy a house.
If privatization happens, the stock sale for these government-owned entities could be four times the largest IPO ever.
How does 90% in gains sound? That was No. 10 on the list.
The Treasury just boosted shareholders' hopes that the companies could become privately held again.
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