Federal Home Loan Mortgage (FMCC) Service Charges (2019 - 2024)
Federal Home Loan Mortgage (FMCC) posted quarterly Service Charges of $146.0 million for Q4 2024, down 33.94% year-over-year from $221.0 million in Q1 2024, and up 94.67% quarter-over-quarter from $75.0 million in Q3 2024.
Federal Home Loan Mortgage (FMCC) Service Charges (2019 - 2024) Analysis & Trends
Federal Home Loan Mortgage (FMCC) has reported Service Charges for 6 consecutive years, with $146.0 million the latest figure, recorded in Q4 2024.
- In Q4 2024, Service Charges fell 33.94% year-over-year to $146.0 million; the TTM figure through Dec 2024 stood at $513.0 million (down 20.22% YoY), while the FY2024 annual figure was $513.0 million, down 20.22% from the prior year.
- Service Charges climbed to $146.0 million in Q4 2024 per FMCC's latest filing, from $75.0 million in the prior quarter.
- Across five years, Service Charges topped out at $378.0 million in Q4 2021 and bottomed at $27.0 million in Q1 2021.
- Historically, Service Charges has averaged $157.4 million across 5 years, with a median of $120.0 million in 2022.
- Annual changes were most pronounced in 2020 — Service Charges tumbled 88.42% — and 2022, when it soared 540.74%.
- Federal Home Loan Mortgage's Service Charges stood at $372.0 million in 2020, then rose by 1.61% to $378.0 million in 2021, then tumbled by 69.05% to $117.0 million in 2022, then soared by 88.89% to $221.0 million in 2023, then sank by 33.94% to $146.0 million in 2024.
- Business Quant data shows FMCC's Service Charges at $146.0 million in Q4 2024, $75.0 million in Q3 2024, and $169.0 million in Q2 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rocket Companies | 39.69 Bn | 36.59 Bn | - |
| 2 | Federal National Mortgage Association Fannie Mae | 36.79 Bn | 36.79 Bn | - |
| 3 | Federal Home Loan Mortgage | 18.47 Bn | 14.15 Bn | - |
| 4 | PennyMac Financial Services | 3.90 Bn | 3.15 Bn | 480.08 Mn |
| 5 | CNFinance Holdings | 1.52 Bn | 1.45 Bn | - |
| 6 | Walker & Dunlop | 1.34 Bn | 1.18 Bn | - |
| 7 | Velocity Financial | 711.21 Mn | -6.74 Bn | - |
| 8 | UWM Holdings | 475.91 Mn | -22.50 Mn | - |
| 9 | Onity | 302.57 Mn | 106.27 Mn | - |
| 10 | loanDepot | 206.51 Mn | -104.63 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | -365.00 Mn |
| Sep 30, 2024 | 75.00 Mn |
| Dec 31, 2023 | 221.00 Mn |
| Jun 30, 2023 | 111.00 Mn |
| Mar 31, 2023 | 90.00 Mn |
| Dec 31, 2022 | -388.00 Mn |
| Jun 30, 2022 | 107.00 Mn |
| Mar 31, 2022 | 173.00 Mn |
| Dec 31, 2021 | 378.00 Mn |
| Jun 30, 2021 | 203.00 Mn |
| Mar 31, 2021 | 27.00 Mn |
| Dec 31, 2020 | 372.00 Mn |
| Sep 30, 2020 | 47.00 Mn |
| Jun 30, 2020 | 94.00 Mn |
| Mar 31, 2020 | 79.00 Mn |
| Dec 31, 2019 | 484.00 Mn |
| Sep 30, 2019 | 406.00 Mn |