Reports Q4 revenue $5.4B vs. $4.8B last year. “In 2023, Freddie Mac delivered on its mission, achieved solid financial results, and meaningfully increased its net worth. The company helped more than 1.4 million families buy, refinance, or rent a home, and worked with lenders to reach more borrowers in underserved areas. Freddie Mac also set a new milestone, financing a higher proportion of loans for first-time homebuyers than in any year since we started tracking that statistic three decades ago,” said Michael J. DeVito, CEO.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on FMCC:
- Freddie Mac Announces Fourth Quarter and Full-Year 2023 Financial Results
- Freddie Mac Announces Release Date for Fourth Quarter and Full-Year 2023 Financial Results
- Mortgage Rates Show Little Movement
- Freddie Mac Expands Assistance for Very Low-Income Purchase Borrowers
- Freddie Mac 2024 Scorecard Links Executive Pay to Goals