July 31, 2018

Strong & Steady

Strong and steady. That’s how our transformation is showing up in our financial and business results. In the second quarter of 2018 alone, we reported comprehensive income of $2.4 billion

"Freddie Mac's transformation continued in the second quarter, with good business results and strong financial performance, providing the foundation to effectively deliver upon its mission and improve America's housing finance system."

CEO Donald H. Layton, July 31, 2018

Over the past 12 months, our transformation is even more evident, producing steady financial results, reducing taxpayer risk through credit risk transfer (CRT) and delivering on our mission.  Here’s how:

Steady financial results

  • Reported $7.2 billion in net income
  • Returned approximately $7 billion to taxpayers, bringing total dividends paid to $112.4 billion, nearly 60% more than we received from the U.S. Treasury

Reduced taxpayer risk through CRT

  • Transferred a portion of credit risk on $301 billion in UPB of single–family mortgages for a cumulative total of more than $1 trillion
  • Transferred the vast majority of credit risk on $72 billion in UPB of multifamily mortgages for a cumulative total of $279 billion

Delivered on our mission

  • Financed 2.3 million homes for buyers and renters
  • Made home possible for 343,000 first–time homebuyers
  • Funded $9.5 billion in mortgages to support renters with the greatest need through our Targeted Affordable Program

Furthermore:

  • Our Multifamily business is the industry leader, with the vast majority of the apartment units funded to affordable low– and moderate–income households

See how we're building a better housing finance system for homebuyers, renters, lenders, investors and taxpayers.

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