Earnings Releases·Oct 29, 2026, 8:00 AM ET

Freddie Mac — Third Quarter 2026 Earnings Summary

Net income rose 17% year-over-year to $3.2 billion, driven by a 19% increase in net revenues to $6.8 billion, while net worth grew to $81 billion from $67.6 billion in the prior year period.
Provision for credit losses increased to $0.8 billion from $0.2 billion due to a credit reserve build in the Single-Family segment, and serious delinquency rates rose to 0.61% from 0.57%.
No specific forward financial guidance was provided; however, management noted the liquidation preference of senior preferred stock will increase to $153.6 billion on December 31, 2026.
New business activity declined in both Single-Family ($98 billion vs. $99 billion) and Multifamily ($16 billion vs. $25 billion) segments, primarily attributed to the higher mortgage interest rate environment.
The company remains under conservatorship with no dividend paid to the Treasury in September 2026, though cumulative funding available under the Purchase Agreement stands at $140.2 billion.