Quarterly ResultApr 30, 2026, 08:04 AM
FMCC 1Q 2026 Net Income +27% to $3.6B; Revenue +5% to $6.1B
AI Summary
Freddie Mac reported a 27% increase in net income to $3.6 billion for Q1 2026, with net revenues rising 5% to $6.1 billion. The company provided $116 billion in mortgage market liquidity and saw its total mortgage portfolio grow 2% year-over-year to $3.7 trillion. Net worth increased to $73.9 billion, and the company recorded a credit reserve release in the Single-Family segment.
Key Highlights
- Net income increased 27% to $3.6 billion in 1Q 2026.
- Net revenues rose 5% to $6.1 billion year-over-year.
- Net worth reached $73.9 billion as of March 31, 2026.
- Provided $116 billion in liquidity to the mortgage market in 1Q 2026.
- Total mortgage portfolio grew 2% to $3.7 trillion.
- Single-Family net income increased 32% to $3.0 billion.
- Multifamily net income increased 9% to $0.6 billion.
- Benefit for credit losses was $320 million in 1Q 2026.