Company: FMCCN
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0001026214-25-000060
Chunk: 183

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-05-01
Form: 10-Q
Item: Item 1
Chunk 183
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3,317 (1)     Represents counterparty netting and cash collateral netting, and includes accrued interest receivable and payable.

Freddie Mac 1Q 2025 Form 10-Q76

Financial Statements                      Notes to the Condensed Consolidated Financial Statements | Note 13

Level 3 Fair Value MeasurementsThe table below presents a reconciliation of all assets and liabilities measured on our condensed consolidated balance sheets at fair value on a recurring basis using significant unobservable inputs (Level 3), including transfers into and out of Level 3. The table also presents gains and losses due to changes in fair value, including both realized and unrealized gains and losses, recognized on our condensed consolidated statements of income for Level 3 assets and liabilities.Table 13.2 - Fair Value Measurements of Assets and Liabilities Using Significant Unobservable Inputs1Q 2025(In millions)Investment SecuritiesMortgage Loans Held-for-SaleMortgage Loans Held-for-InvestmentOther AssetsTotal LiabilitiesBalance at January 1, 2025$3,610 $1,295 $841 $5,439 $241 Total realized/unrealized gains/losses(1)Included in earnings(17)3 10 79 (36)Included in other comprehensive income5 — — — — Purchases88 32 — — — Issues— — — 153 3 Sales— — — (6)— Settlements, net(42)— (55)(274)(3)Transfers into Level 3— — 31 — 17 Transfers out of Level 3(3)— (1,175)(90)— (18)Balance at March 31, 2025$3,644 $155 $737 $5,391 $204 Change in unrealized gains/losses(1) included in net income related to assets and liabilities still held as of March 31, 2025(2)$109 $3 $6 $79 ($36)Change in unrealized gains/losses(1), net of tax, included in OCI related to assets and liabilities still held as of March 31, 20254 — — — —  1Q 2024(In millions)Investment SecuritiesMortgage Loans Held-for-SaleMortgage Loans Held