Company: FMCCN
Filing Date: 2025-02-13
Form Type: 10-K
Source: 0001026214-25-000040
Chunk: 242

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-02-13
Form: 10-K
Item: Item 15
Chunk 242
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 $2,685 $7,047 $24,244 15-year or less, amortizing fixed-rate309 112 86 216 723 Adjustable-rate and other73 25 19 75 192 Total Single-Family$11,393 $3,638 $2,790 $7,338 $25,159 December 31, 2023(In millions)CurrentOne Month Past DueTwo Months Past DueThree Months or More Past DueTotalSingle-Family:20- and 30-year or more, amortizing fixed-rate$11,000 $2,619 $1,525 $5,809 $20,953 15-year or less, amortizing fixed-rate432 88 57 220 797 Adjustable-rate and other101 23 17 63 204 Total Single-Family$11,533 $2,730 $1,599 $6,092 $21,954 

Multifamily Loan Restructurings

We offer several types of restructurings to multifamily borrowers that may result in a payment delay, interest rate reduction, term extension, principal forgiveness, or combination thereof. In certain cases, we offer multifamily borrowers forbearance plans that allow borrowers to defer monthly payments during a defined period. After the forbearance period ends, the borrowers are required to repay forborne loan amounts in monthly installments. In addition, in certain cases, for maturing loans we may provide term extensions with no changes to the effective borrowing rate. In other cases, we may make more significant modifications of terms for borrowers experiencing financial difficulty, such as interest rate reductions, term extensions, principal forbearance and/or forgiveness, or some combination of these items. The restructuring activities related to multifamily held-for-investment loans involving borrowers experiencing financial difficulty were not significant during 2024 and 2023. 

FREDDIE MAC  |  2024 Form 10-K160

Financial StatementsNotes to Consolidated Financial Statements | Note 4

Non-Cash Investing and Financing Activities 

During the years ended December 31, 2024, December 31, 2023, and December 31, 2022, we acquired $230.6 billion, $215.0 billion, and $396.7 billion, respectively, of loans held-for-investment in exchange for the issuance of debt of consolidated trusts in guarantor swap