Company: FMCCN
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0001026214-25-000060
Chunk: 75

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-05-01
Form: 10-Q
Item: Item 15
Chunk 75
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 secured party may repledge.Table 9.3 - Collateral in the Form of Securities Pledged(In millions)March 31, 2025December 31, 2024Trading securities$8,417 $9,559 

Freddie Mac 1Q 2025 Form 10-Q69

Financial Statements                      Notes to the Condensed Consolidated Financial Statements | Note 10

NOTE 10

Net Interest Income

The table below presents the components of net interest income per our condensed consolidated statements of income.

Table 10.1 - Components of Net Interest Income(In millions) 1Q 20251Q 2024Interest incomeMortgage loans$29,395 $26,229 Investment securities620 470 Securities purchased under agreements to resell1,240 1,532 Other110 154 Total interest income31,365 28,385 Interest expenseDebt of consolidated trusts(24,059)(21,122)Debt of Freddie Mac:Short-term debt(204)(256)Long-term debt(2,000)(2,248)Total interest expense(26,263)(23,626)Net interest income5,102 4,759 (Provision) benefit for credit losses(280)(181)Net interest income after (provision) benefit for credit losses$4,822 $4,578 

Freddie Mac 1Q 2025 Form 10-Q70

Financial Statements                      Notes to the Condensed Consolidated Financial Statements | Note 11

NOTE 11

Segment ReportingAs shown in the table below, we have two reportable segments, Single-Family and Multifamily. SegmentDescriptionSingle-Family Reflects results from our purchase, securitization, and guarantee of single-family loans, our investments in single-family loans and mortgage-related securities, the management of Single-Family mortgage credit risk and market risk, and any results of our treasury function that are not allocated to each segment.MultifamilyReflects results from our purchase, securitization, and guarantee of multifamily loans, our investments in multifamily loans and mortgage-related securities, and the management of Multifamily mortgage credit risk and market risk.Segment Results

The table below presents the financial results for our Single-Family and Multifamily segments. Table 11.1 - Segment Financial Results1Q 20251Q 2024(In millions)Single-FamilyMult