Freddie Mac Reports Strong 2016 Financial Results
Today Freddie Mac reported our fifth straight year of profitability, with net income of $7.8 billion and comprehensive income of $7.1 billion. Our results reflect not only an improving economy but also the very successful work we have done to transform the company.
At the same time, we are more effectively delivering on our community mission each year – with new products and programs which increase access to credit for more homebuyers and fund affordable rental housing across the nation.
All of us at Freddie Mac are strongly dedicated to continuing this momentum and, through it, to improving America's housing finance system.
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