Freddie Mac

Freddie Mac plans to report its Second Quarter 2026 financial results before the U.S. financial markets open on Thursday, July 30, 2026. The company will hold a webcast at 9 a.m. Eastern Time that same day to publicly share the results with the media, and a replay will be available on its website for approximately 30 days. All related materials will be posted on the Investor Relations page of Freddie Mac's website.

AD Mortgage has launched a new Public Policy Initiative to engage with policymakers on housing affordability and mortgage finance. As its first action, the wholesale lender submitted a policy letter to the Federal Housing Finance Agency with market data and recommendations on upcoming changes to condominium project eligibility for loans purchased by Fannie Mae and Freddie Mac. The letter draws on proprietary lending data showing that more than 750 Florida condominium loans originated by AD Mortgage since 2021 used the Limited Review process, and 53% of its Florida conventional condominium originations in that period relied on Limited Review. The company also found that approximately 30% of manually reviewed condominium projects had reserve funding below the new 15% threshold under revised Enterprise guidelines. AD Mortgage plans to regularly engage with federal and state policymakers, publish research, and collaborate with industry organizations as part of the initiative.

Fannie Mae and Freddie Mac have released expanded historical loan performance datasets for FICO Score 10T, a next-generation credit scoring model developed by Fair Isaac. The data covers real-world mortgage performance and is expected to help lenders test, validate, and potentially adopt the new scoring model over time. This development puts FICO Score 10T more squarely in focus for mortgage underwriting and securitization, with implications for risk models and consumer credit access.

Mortgage rates remained stable in the past few weeks as markets continued to assess the implications of recent Federal Reserve policy decisions. The 30-year fixed-rate mortgage averaged 6.49% as of June 25, up modestly from 6.47% last week and below 6.77% a year ago, according to the latest Freddie Mac Primary Mortgage Survey. The 15-year fixed-rate mortgage averaged 5.84%, up from 5.81% a week ago and 5.89% a year ago. Freddie Mac's chief economist Sam Khater noted that rates have remained relatively stable over the last six weeks, with purchase activity easing modestly and refinance activity picking up. Mortgage Bankers Association CEO Bob Broeksmit said greater certainty around the interest rate outlook should help foster increased borrower confidence and support sustained housing market activity.

Bill Ackman has voluntarily disclosed eight of the twelve stocks held in his newly launched $5 billion closed-end fund Pershing Square USA, revealing concentrated bets on Amazon, Microsoft, Meta Platforms, Uber Technologies, Brookfield, Restaurant Brands International, Fannie Mae, and Freddie Mac. The fund, which began trading on the New York Stock Exchange on April 29, is the largest of its kind ever launched in the United States and charges a 2% annual management fee with no performance fee. Ackman has described Amazon, Microsoft, and Meta as underappreciated mega-caps, with the Microsoft stake valued at $2.09 billion at the end of the first quarter based on 5.65 million shares. He also trimmed Alphabet in favor of Microsoft, signaling a deliberate reallocation within large-cap tech. The fund's shares have traded roughly 17% below the $50 IPO price, with a persistent discount to net asset value of about 20%, which Ackman called an extremely attractive bargain.