Company: FMCCN
Filing Date: 2025-02-13
Form Type: 10-K
Source: 0001026214-25-000040
Chunk: 284

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-02-13
Form: 10-K
Item: Item 15
Chunk 284
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ifamilyTotal (In millions)Net interest incomeInterest income$113,681 $4,196 $117,877 Interest expense(95,168)(2,972)(98,140)Net interest income18,513 1,224 19,737 Non-interest income Guarantee income83 1,528 1,611 Investment gains, net939 1,137 2,076 Other income284 204 488 Non-interest income1,306 2,869 4,175 Net revenues19,819 4,093 23,912 (Provision) benefit for credit losses(374)(102)(476)Non-interest expenseAdministrative expense(1)(2,225)(618)(2,843)Credit enhancement expense(2,174)(171)(2,345)Benefit for (decrease in) credit enhancement recoveries(40)4 (36)Legislative and regulatory assessments(3,178)(55)(3,233)Other expense(166)(35)(201)Non-interest expense(7,783)(875)(8,658)Income before income tax expense11,662 3,116 14,778 Income tax expense(2,305)(615)(2,920)Net income9,357 2,501 11,858 Other comprehensive income (loss), net of taxes and reclassification adjustments(1)(4)(5)Comprehensive income$9,356 $2,497 $11,853 

FREDDIE MAC  |  2024 Form 10-K190

Financial Statements                                     Notes to Consolidated Financial Statements | Note 14

Year Ended December 31, 2023 Single-FamilyMultifamilyTotal(In millions)Net interest incomeInterest income$102,174 $3,189 $105,363 Interest expense(84,517)(2,304)(86,821)Net interest income17,657 885 18,542 Non-interest income Guarantee income103 1,512 1,615 Investment gains, net296 411 707 Other income211 154 365 Non-interest income610 2,077 2,687 Net revenues18,267 2,962 21,229 (Provision) benefit for credit losses1,172 (300)872 Non-interest expenseAdministrative expense(1)(2,214)(581