Freddie Mac Reports Q4 Net Income Decline, Revenue Down 18%

Freddie Mac (FRE:NYSE) reported a 29% year-over-year decline in net income to $1.44 billion for Q4 ended December 31, 2025. Revenue fell 18% to $20.46 billion, driven by lower home loan origination volumes and higher servicing expenses. The company attributed the results to continued low mortgage rates and tighter lending standards. Management expects pricing pressure to persist in 2026 as interest rates remain near historical lows.