Federal Home Loan Mortgage (FMCC) Service Charges (2019 - 2024)
Federal Home Loan Mortgage's (FMCC) quarterly Service Charges came in at -$365.0 million in Q4 2024, down 265.16% year-on-year from $221.0 million in Q1 2024, and down 586.67% on a QoQ basis from $75.0 million in Q3 2024.
Federal Home Loan Mortgage (FMCC) Service Charges (2019 - 2024) Analysis & Trends
Federal Home Loan Mortgage (FMCC) has 6 years of Service Charges data on file, last reported at -$365.0 million in Q4 2024.
- On a quarterly basis, Service Charges fell 265.16% year-over-year to -$365.0 million in Q4 2024; TTM through Dec 2024 was -$290.0 million, a 168.72% decrease from a year earlier, with the FY2024 full-year figure at $2.0 million, down 99.69% from the prior year.
- Service Charges for Q4 2024 stood at -$365.0 million, down from $75.0 million in the prior quarter.
- Over the last five years, Service Charges for FMCC reached as high as $378.0 million in Q4 2021 and fell as low as -$388.0 million in Q4 2022.
- Historically, Service Charges has averaged $81.6 million across 5 years, with a median of $94.0 million in 2020.
- Across the five-year window, Service Charges jumped 540.74% in 2022 and slumped 265.16% in 2024, its largest moves.
- Year by year, Service Charges stood at $372.0 million in 2020, then advanced by 1.61% to $378.0 million in 2021, then tumbled by 202.65% to -$388.0 million in 2022, then soared by 156.96% to $221.0 million in 2023, then slumped by 265.16% to -$365.0 million in 2024.
- Per Business Quant data, the three most recent Service Charges figures were -$365.0 million in Q4 2024, $75.0 million in Q3 2024, and $221.0 million in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rocket Companies | 38.33 Bn | 35.64 Bn | - |
| 2 | Federal National Mortgage Association Fannie Mae | 35.67 Bn | 35.67 Bn | - |
| 3 | Federal Home Loan Mortgage | 18.11 Bn | 13.64 Bn | - |
| 4 | PennyMac Financial Services | 4.41 Bn | 3.76 Bn | 523.89 Mn |
| 5 | CNFinance Holdings | 3.28 Bn | 3.20 Bn | - |
| 6 | Walker & Dunlop | 1.64 Bn | 1.44 Bn | - |
| 7 | Velocity Financial | 681.36 Mn | -6.51 Bn | - |
| 8 | UWM Holdings | 540.43 Mn | 116.43 Mn | - |
| 9 | Better Home & Finance Holding | 362.34 Mn | 298.07 Mn | - |
| 10 | Onity | 340.51 Mn | 215.81 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 |