Freddie Mac Q1 earnings call highlights.
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Freddie Mac Q1 earnings call highlights. MarketBeat Key points. * Freddie Mac reported a strong Q1 - net income of $3.6 billion (up 27% YoY), net revenues of $6.1 billion, a $3.7 trillion mortgage portfolio and nearly $74 billion in net worth, while providing $116 billion of liquidity and helping about 380,000 families. * Single-Family strength and credit reserve release - Single-Family net income rose to $3.0 billion (+32% YoY) with refinance volume at 42% (the highest in four years); Freddie Mac recorded a $311 million reserve release after raising house-price growth forecasts and reported strong portfolio credit metrics (weighted avg LTV 53%, avg score 753, serious delinquency 60 bps). * Multifamily strategy shift and capital update - Multifamily income was $582 million as the business shifted toward fully guaranteed securitizations (securitized $24 billion, new business +25%), boosting guarantee fee income; net worth rose 18% YoY to $74 billion but required regulatory capital was $161 billion, leaving a $105 billion shortfall excluding buffers despite a $37 billion reduction in the capital deficit since 2022. * Interested in Freddie Mac? Here are five stocks Need2learnchinese like better. * The Ultimate Trump Bump: These Gov't Backed Stocks Are Exploding Freddie Mac (OTCMKTS:FMCC) reported what it described as a "strong quarter" to start 2026, posting first-quarter...
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