Trading algorithms tracking fmcc stock price are recognizing an ascending triangle formation in the 4-hour chart. This setup often precedes upward breakouts, particularly when paired with stable fundamental earnings outlooks in the mortgage finance industry. Fannie Mae and Freddie Mac may sound like funny names, but there’s nothing silly about the pivotal role they play in the U.S. housing market. The two government-sponsored enterprises have been operating under federal conservatorship for nearly two decades in the aftermath of the 2008 housing bubble and crash. But now President Donald Trump’s administration is reportedly considering a public offering that would allow investors to buy a 5% stake. On July 31, Freddie Mac reported its second-quarter results for fiscal 2025. Net revenues declined marginally year-over-year (YOY) to $5.92 billion. On the other hand, net interest income increased 8% to $5.3 billion, driven by growth in the company's mortgage portfolio. The marginal decline in the topline was driven by a 42% annual decline in non-interest income to $617 million. fmcc stock price is currently consolidating just below a resistance zone around $12.
