Federal Home Loan Mortgage (FMCC) Interest Income - Fed Funds (2023 - 2026)
Federal Home Loan Mortgage (FMCC) recorded Interest Income - Fed Funds of $684 million in Q2 2026, down 42.3% from $1.19 billion a year earlier and down 14.3% from the prior quarter.
Federal Home Loan Mortgage (FMCC) Interest Income - Fed Funds (2023 - 2026) Analysis & Trends
On a TTM basis, Federal Home Loan Mortgage's Interest Income - Fed Funds came in at $3.63 billion as of Jun 30, 2026, down 32.6% year-over-year; for FY2025, it was $4.57 billion, down 24.8% from FY2024.
- Annual Interest Income - Fed Funds has a four-year compound annual growth rate of 212.4% (FY2021 to FY2025).
- Across earlier years, Interest Income - Fed Funds came in at $6.08 billion in FY2024 (-0.8%), $6.14 billion in FY2023 (+257.1%), $1.72 billion in FY2022 and $48 million in FY2021.
- The Q2 2026 figure is the lowest quarterly Interest Income - Fed Funds in data going back to Q1 2023.
- On a year-over-year basis, Interest Income - Fed Funds has declined for nine consecutive quarters, with an average decline of 24.7% over the last eight quarters.
- Peak year-over-year performance for Interest Income - Fed Funds in the last five years was growth of 25.6% in Q1 2024, against a decline of 42.3% in Q2 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $798 million (Q1 2026), $1.01 billion (Q4 2025) and $1.14 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Orix | 41.21 Bn | 9.93 Bn | 4.68 Bn |
| 2 | Rocket Companies | 30.99 Bn | 16.66 Bn | - |
| 3 | Affirm Holdings | 26.19 Bn | 19.88 Bn | - |
| 4 | Royalty Pharma | 25.20 Bn | 22.16 Bn | - |
| 5 | Synchrony Financial | 24.29 Bn | -43.68 Bn | - |
| 6 | Federal National Mortgage Association Fannie Mae | 20.24 Bn | 20.24 Bn | - |
| 7 | Royal Gold | 19.89 Bn | 19.07 Bn | 390.45 Mn |
| 8 | Annaly Capital Management | 13.34 Bn | 4.38 Bn | - |
| 9 | Ares Capital | 13.30 Bn | 10.74 Bn | - |
| 10 | Federal Home Loan Mortgage | 10.19 Bn | -8.55 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 684.00 Mn |
| Mar 31, 2026 | 798.00 Mn |
| Dec 31, 2025 | 1.01 Bn |
| Sep 30, 2025 | 1.14 Bn |
| Jun 30, 2025 | 1.19 Bn |
| Mar 31, 2025 | 1.24 Bn |
| Dec 31, 2024 | 1.45 Bn |
| Sep 30, 2024 | 1.51 Bn |
| Jun 30, 2024 | 1.59 Bn |
| Mar 31, 2024 | 1.53 Bn |
| Dec 31, 2023 | 1.63 Bn |
| Sep 30, 2023 | 1.66 Bn |
| Jun 30, 2023 | 1.62 Bn |
| Mar 31, 2023 | 1.22 Bn |
Federal Home Loan Mortgage Interest Income - Fed Funds API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-income-fed-funds&ticker=FMCC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-income-fed-funds", "ticker": "FMCC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-income-fed-funds&ticker=FMCC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();