Net Income of Freddie Mac
Freddie Mac Net Income 2004-2018.
Amounts are in $millions.
Year | Net Income ($m) |
2018 | $9,235 |
2017 | $5,625 |
2016 | $7,815 |
2015 | $6,376 |
2014 | $7,690 |
2013 | $48,668 |
2012 | $10,982 |
2011 | $(5,266) |
2010 | $(14,025 ) |
2009 | $(21,553 ) |
2008 | $(50,119 ) |
2007 | $(3,094 ) |
2006 | $2,327 |
2005 | $2,113 |
2004 | $2,603 |
Net Income of Freddie Mac grew to $9.24 billion in 2018 from $5.63 billion in 2017.
Freddie Mac is a GSE (Government Sponsored Enterprise) chartered by Congress in 1970. The public mission of Freddie Mac is to provide liquidity, stability, and affordability to the U.S. housing market. The company does this primarily by purchasing residential mortgage loans originated by lenders.
The business of Freddie Mac is divided into three business segments: Single-family Guarantee, Multifamily, and Capital Markets. Some activities are include in "All Others".
Freddie Mac Annual Reports