Company: FMCCN
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001026214-25-000116
Chunk: 139

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-10-30
Form: 10-Q
Item: Item 1
Chunk 139
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)% of Portfolio(2)SDQ Rate% of Portfolio(2)SDQ RateCredit-enhanced:   Primary mortgage insurance22 %1.12 %21 %1.12 %   CRT and other54 0.63 54 0.66 Non-credit-enhanced38 0.40 38 0.43 TotalN/A0.57 N/A0.59 

(1)Excludes loans underlying certain securitization products for which loan-level data is not available.

(2)Percentages do not total to 100% as a single loan may be included in multiple line items.

Credit Enhancement Recoveries   

Our expected recovery receivable from freestanding credit enhancements was $0.1 billion as of both September 30, 2025 and December 31, 2024.

Monitoring Loan Performance and Characteristics 

We review loan performance, including delinquency statistics and related loan characteristics, in conjunction with housing market and economic conditions, to assess credit risk when estimating our allowance for credit losses.

Freddie Mac 3Q 2025 Form 10-Q24

Management's Discussion and AnalysisRisk Management

Loan Characteristics and Serious Delinquency Rates

The table below contains details of the characteristics and serious delinquency rates of the loans in our Single-Family mortgage portfolio.

Table 19 - Credit Quality Characteristics and Serious Delinquency Rates of Our Single-Family Mortgage Portfolio(1) September 30, 2025(Dollars in millions)UPBOriginal CreditScore(2)Current CreditScore(2)(3)OriginalLTV RatioCurrent LTVRatioSDQ RateSingle-Family mortgage portfolio year of origination:2025$228,260 75775377 %77 %0.03 %2024312,479 75475178 75 0.41 2023226,103 75074479 72 0.90 2022373,619 74674176 64 0.96 2021858,855 75275571 49 0.42 2020 and prior1,142,005 75076073 38 0.60 Total$3,141,321 75175474 53 0.57 

December 31, 2024(Dollars in millions)UPBOriginal CreditScore (2)Current CreditScore(2)(3)OriginalLTV RatioCurrent LTVRatio