Silver Tsunami Likely to Bring Wave of Wealth to Children of Baby Boomer Homeowners [Yahoo! Finance]
Federal Home Loan Mortgage Corporation (FMCC)
NASDAQ:AMEX Investor Relations:
freddiemac.com/investors
Company Research
Source: Yahoo! Finance
New research indicates Boomers hold $17 trillion of country's total home equity MCLEAN, Va., Dec. 19, 2024 (GLOBE NEWSWIRE) -- Three quarters of homeowners born before 1964 are likely to leave much of their $17 trillion in home equity to their children, according to Freddie Mac's (OTCQB: FMCC) latest analysis of the housing perceptions, preferences and plans of Baby Boomers. Freddie Mac's new, comprehensive survey of respondents 60 or older also highlights that the majority of Boomers who own a home feel confident they will have a financially comfortable retirement. This is accompanied by a growing preference of some Boomers to downsize. “As the youngest Baby Boomers turn 60 this year, this research provides an opportunity to learn from a generation that has weathered multiple economic cycles and pivotal moments in recent history, including the Great Financial Crisis and pandemic,” said Sonu Mittal, SVP and head of Single-Family Acquisitions at Freddie Mac. “The value we see pl
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News
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- The US housing market has had a tough year. Here's what could save it [Yahoo! Finance]Yahoo! Finance
- The US housing market has had a tough year. Here's what could save it [CNN]CNN
- Is Wall Street Really Buying 44% Of Homes? Report Says Not Even Close [Yahoo! Finance]Yahoo! Finance
- The US housing market has had a tough year. Here's what could save it [CNN]CNN
FMCC
Analyst Actions
- 11/20/24 - Keefe, Bruyette & Woods
FMCC
Sec Filings
- 11/25/24 - Form ABS-15G
- 11/21/24 - Form ABS-15G
- 11/6/24 - Form ABS-15G/A
- FMCC's page on the SEC website