Federal Home Loan Mortgage Corp
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Financials : Thrifts & Mortgage Finance | Small Cap Value
Company profile

Federal Home Loan Mortgage Corporation is a government-sponsored enterprise (GSE). The Company is engaged in purchasing residential mortgage loans originated by lenders. The Company also invests in mortgage loans and mortgage-related securities. The Company operates through two segments: Single-Family and Multifamily. The Single-Family segment includes purchase, securitization, and guarantee of single-family loans, its investments in single-family loans and mortgage-related securities, the management of Single-Family mortgage credit risk and market risk, and any results of its treasury function that are not allocated to each segment. The Multifamily segment includes purchase, securitization, and guarantee of multifamily loans, its investments in multifamily loans and mortgage-related securities, and the management of multifamily mortgage credit risk and market risk.

This security is a preferred stock
Closing Price
$1.90
Day's Change
0.00 (0.00%)
Bid
--
Ask
--
B/A Size
--
Day's High
--
Day's Low
--
Volume
(Heavy Day)
Volume:
32,882

10-day average volume:
6,435
32,882

GE stock gets upgrade from Oppenheimer, price target raised to $104

12:29 pm ET December 6, 2022 (MarketWatch)
Print

Analysts at Oppenheimer on Tuesday upgraded their rating on General Electric Co. stock to the equivalent of buy, reflecting "strong" momentum for its aviation business, "consistent and broad-based profitability" for its power business, and the fact that the health-care unit is on track for a spinoff. The analysts also raised their price target on the stock to $104, representing an upside of around 22% from Tuesday prices. GE last week said its board officially approved the GE HealthCare spinoff, with the unit becoming a corporation to be named GE HealthCare Technologies Inc. The company is expected to begin trading on the Nasdaq on Jan. 4. Shares of GE have lost about 11% so far this year, compared with losses of around 17% for the S&P 500 index.

-Claudia Assis

	

(END) Dow Jones Newswires

December 06, 2022 12:29 ET (17:29 GMT)

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