Freddie Mac ( (FMCC) ) has released its Q2 earnings. Here is a breakdown of the information Freddie Mac presented to its investors.
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Freddie Mac, a leading player in the U.S. housing finance sector, focuses on providing liquidity, stability, and affordability in the housing market. In the second quarter of 2025, Freddie Mac reported a net income of $2.4 billion, a 14% decrease from the previous year, primarily due to increased credit loss provisions. The company financed 363,000 homes and rental units, with a significant portion aimed at low- to moderate-income families.
The company’s net revenues for the quarter were $5.9 billion, slightly down by 1% year-over-year, driven by a decrease in non-interest income despite a rise in net interest income. Freddie Mac’s mortgage portfolio grew to $3.6 trillion, with new business activity reaching $94 billion, reflecting an increase in refinance activity and first-time homebuyer support.
In the Single-Family segment, net income was $2.1 billion, down 8% from the previous year, with net revenues slightly increasing by 1%. The Multifamily segment saw a 39% decline in net income to $0.3 billion, with net revenues down 13%, influenced by changes in business strategy and market conditions.
Looking ahead, Freddie Mac remains committed to enhancing its operational efficiency and productivity while maintaining a strong focus on serving low- and middle-income families. The company aims to continue its growth trajectory in the housing finance market, adapting to evolving economic conditions and regulatory frameworks.