Freddie Mac Q2 FY26 net income rises 61% to $3.8 billion
FMCC•Single-family and multifamily results
Single-Family net income rose 57% to $3.3 billion; Multifamily net income climbed 90% to $0.6 billion.
Freddie Mac financed 306,000 mortgages and 133,000 rental units; CEO Kenny Smith said Freddie Mac helped nearly 439,000 households buy, refinance or rent.
Freddie Mac reports higher second-quarter net income
Freddie Mac posted Q2 2026 net income of $3.8 billion, up 61% year over year, driven by a $0.9 billion benefit for credit losses.
Net revenues rose 1% from a year earlier to $6.0 billion; non-interest results swung to a $19 million loss from $0.6 billion income.
Net worth climbed to $78 billion at June 30, 2026; total mortgage portfolio was $3.7 trillion.
