Freddie Mac Announces First Quarter 2024 Financial Results

BY GlobeNewswire | AGENCY | 05/01/24 08:09 AM EDT

MCLEAN, Va., May 01, 2024 (GLOBE NEWSWIRE) -- Freddie Mac today reported its First Quarter 2024 financial results and filed its Quarterly Report on Form 10-Q with the U.S. Securities and Exchange Commission. The company?s Form 10-Q and earnings press release, along with the First Quarter 2024 financial results supplement are available now on the Investor Relations page of the company?s website.

The company will hold a call at 9 a.m. Eastern Time (ET) today, May 1, 2024, to share its results with the media. The call will be concurrently webcast, and the replay will be available on the company?s website for approximately 30 days.

Freddie Mac?s mission is to make home possible for families across the nation. We promote liquidity, stability, affordability and equity in the housing market throughout all economic cycles. Since 1970, we have helped tens of millions of families buy, rent or keep their home. Learn More: Website | Consumers | Twitter | LinkedIn | Facebook | Instagram | YouTube

MEDIA CONTACT: Frederick Solomon
703-903-3861
Frederick_Solomon@FreddieMac.com??

INVESTOR CONTACT: Mahesh Lal
571-382-3630

Image: https://www.globenewswire.com/newsroom/ti?nf=OTEwOTIzNSM2MjI3NTU2IzIwODExNTY=
Image: https://ml.globenewswire.com/media/ZmYyMzU4MjMtYjEyYi00OWNlLTk4NGUtOTQwOTFkOGQwNzIzLTEwOTI3Mjc=/tiny/Freddie-Mac.png

Image: Primary Logo

Source: Freddie Mac

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

fir_news_article