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Stock Updates on Federal Home Loan Mortgage Corp (OTCBB:FMCC)

 
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Las Vegas, NV -- (SBWIRE) -- 02/13/2014 -- Federal Home Loan Mortgage Corp (OTCBB:FMCC) also known as Freddie Mac deals in the credit guarantee for residential mortgages and mortgage-related securities in the United States of America. The company was set up in 1970 and is based in McLean, Virginia.

Federal Home Loan Mortgage Corporation functions in three sections: Single-Family Guarantee, Investments, and Multifamily. The Single-Family Guarantee segment purchases single-family mortgage loans originated by its seller/servicers in the primary mortgage market.

The Investments segment participates mainly in mortgage-related securities in addition to single-family performing mortgage loans that are funded by other debt issuances and hedged using derivatives.

To find out what OTCMAGIC projects for Federal Home Loan Mortgage Corp for both short term and long term please click here: FMCC

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