Company: FMCCN
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0001026214-25-000086
Chunk: 125

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-07-31
Form: 10-Q
Item: Item 1
Chunk 125
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 we manage our business.

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 Net Revenues and Net Income

The charts below show our net revenues and net income by segment. 

Segment Net Revenues(In billions)Segment Net Income(In billions)

Freddie Mac 2Q 2025 Form 10-Q13

Management's Discussion and AnalysisOur Business Segments | Single-Family

Single-Family 

Business Results

The charts, tables, and related discussion below present the business results of our Single-Family segment. 

New Business Activity

UPB of Single-Family Loan Purchases and Guarantees by Loan Purpose and Average Estimated Guarantee Fee Rate(1) on New Acquisitions(UPB in billions)(1)Estimated guarantee fee rate calculations exclude the legislated guarantee fees and include deferred fees recognized over the estimated life of the related loans based on month-end market rates for the month of acquisition.Number of Families Helped to Own a Home and Average Loan UPB of New Acquisitions (Loan count in thousands)

Key Drivers: 

n    2Q 2025 vs. 2Q 2024 and YTD 2025 vs. YTD 2024

l    New business activity increased primarily driven by an increase in refinance activity.

l    The average loan size of new acquisitions increased primarily due to higher conforming loan limits.

Freddie Mac 2Q 2025 Form 10-Q14

Management's Discussion and AnalysisOur Business Segments | Single-Family

Single-Family Mortgage Portfolio

Single-Family Mortgage Portfolio and Average Estimated Guarantee Fee Rate(1) on Mortgage Portfolio(UPB in billions)(1)Estimated guarantee fee rate is calculated based on month-end market rates for the month of acquisition and includes deferred fees recognized over the estimated life of the related loans. These calculations exclude the legislated guarantee fees and certain loans, the majority of which are held by VIEs that we do not consolidate. The UPB of these excluded loans was $39 billion as of June 30