Company: FMCCN
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001026214-25-000116
Chunk: 206

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-10-30
Form: 10-Q
Item: Item 1
Chunk 206
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718)(6,362)(5,812)(627)(6,439)Income before income tax expense8,345 1,562 9,907 8,476 2,284 10,760 Income tax expense(1,645)(308)(1,953)(1,674)(450)(2,124)Net income 6,700 1,254 7,954 6,802 1,834 8,636 Other comprehensive income (loss), net of taxes and reclassification adjustments23 48 71 — 32 32 Comprehensive income$6,723 $1,302 $8,025 $6,802 $1,866 $8,668 (1)Includes salaries and employee benefits and professional services, technology, and occupancy.

The table below presents total assets for our Single-Family and Multifamily segments.Table 11.2 - Segment Assets (In millions)September 30, 2025December 31, 2024Single-Family$3,141,321 $3,104,174 Multifamily479,964 466,635 Total segment assets3,621,285 3,570,809 Reconciling items(1)(153,098)(184,117)Total assets per condensed consolidated balance sheets$3,468,187 $3,386,692 

(1)Reconciling items include (1) assets in our mortgage portfolio that are not recognized on our condensed consolidated balance sheets and (2) assets recognized on our condensed consolidated balance sheets that are not allocated to the reportable segments. 

Freddie Mac 3Q 2025 Form 10-Q78

Financial Statements                      Notes to the Condensed Consolidated Financial Statements | Note 12

NOTE 12

Concentration of Credit and Other RisksSingle-Family Mortgage Portfolio

The table below summarizes the concentration by geographic area of our Single-Family mortgage portfolio. See Note 2, Note 3, Note 4, and Note 5 for additional information about credit risk associated with single-family loans that we hold or guarantee.Table 12.1 - Concentration of Credit Risk of Our Single-Family Mortgage Portfolio September 30, 2025(Dollars in millions)Portfolio UPB(1)% of PortfolioSDQ RateRegion:(2)West$920,864 29 %0.44 %Northeast725,