Company: FMCCN
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0001026214-25-000060
Chunk: 165

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-05-01
Form: 10-Q
Item: Item 1
Chunk 165
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069 Multifamily361,765 154 267 1,655 363,841 Total$395,429 $2,254 $1,096 $3,131 $401,910 December 31, 2024(In millions)CurrentOneMonthPast DueTwoMonthsPast DueThree Months orMore Past Due,or in ForeclosureTotalSingle-Family$33,454 $2,183 $852 $1,490 $37,979 Multifamily363,983 335 117 1,519 365,954 Total$397,437 $2,518 $969 $3,009 $403,933 

Other Off-Balance Sheet Credit ExposuresIn addition to our guarantees, we enter into other agreements that expose us to off-balance sheet credit risk. These agreements may require us to transfer cash before or upon settlement of our contractual obligation. We recognize an allowance for credit losses for those agreements not measured at fair value or otherwise recognized in the financial statements. Most of these commitments expire in less than one year. See Note 5 for additional discussion of our allowance for credit losses on our off-balance sheet credit exposures.The table below presents our other off-balance sheet credit exposures.Table 4.3 – Other Off-Balance Sheet Credit Exposures(In millions)March 31, 2025December 31, 2024Mortgage loan purchase commitments(1)$11,455 $12,416 Unsettled securities purchased under agreements to resell, net(2)22,579 10,650 Other commitments(3)4,054 4,248 Total$38,088 $27,314 (1)Includes $1.3 billion and $2.0 billion of commitments for which we have elected the fair value option as of March 31, 2025 and December 31, 2024, respectively. Excludes mortgage loan purchase commitments accounted for as derivative instruments. See Note 8 for additional information on commitments accounted for as derivative instruments.(2)Net of $0.8 billion and $0.4 billion of unsettled securities sold under agreements to repurchase as of March 31, 2025 and December 31, 2024.(3)Consists of unfunded portion of revolving lines of credit, liquidity guarantees, and other commitments.

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