Company: FMCCN
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0001026214-25-000060
Chunk: 178

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-05-01
Form: 10-Q
Item: Item 1
Chunk 178
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19 477 496 Investment gains, net61 131 192 (86)491 405 Other income81 37 118 53 44 97 Non-interest income165 585 750 (14)1,012 998 Net revenues4,918 934 5,852 4,474 1,283 5,757 (Provision) benefit for credit losses(228)(52)(280)(120)(61)(181)Non-interest expenseAdministrative expense(1)(523)(153)(676)(542)(150)(692)Credit enhancement expense(491)(49)(540)(557)(40)(597)Legislative and regulatory assessments(807)(10)(817)(776)(11)(787)Other expense(50)(5)(55)(50)4 (46)Non-interest expense(1,871)(217)(2,088)(1,925)(197)(2,122)Income before income tax expense2,819 665 3,484 2,429 1,025 3,454 Income tax expense(558)(132)(690)(484)(204)(688)Net income2,261 533 2,794 1,945 821 2,766 Other comprehensive income (loss), net of taxes and reclassification adjustments8 26 34 (5)(20)(25)Comprehensive income $2,269 $559 $2,828 $1,940 $801 $2,741 (1)Includes salaries and employee benefits and professional services, technology, and occupancy.

Freddie Mac 1Q 2025 Form 10-Q71

Financial Statements                      Notes to the Condensed Consolidated Financial Statements | Note 11

The table below presents total assets for our Single-Family and Multifamily segments.Table 11.2 - Segment Assets (In millions)March 31, 2025December 31, 2024Single-Family$3,115,180 $3,104,174 Multifamily466,500 466,635 Total segment assets3,581,680 3,570,809 Reconciling items(1)(172,564)(184,117)Total assets per condensed consolidated balance sheets$3,409,116 $3,386,692 

(1)Reconciling items include (1) assets in our mortgage portfolio that are not