Company: FMCCN
Filing Date: 2025-02-13
Form Type: 10-K
Source: 0001026214-25-000040
Chunk: 240

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-02-13
Form: 10-K
Item: Item 15
Chunk 240
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 repayment plans, and loan modifications that only involve payment delays.(3)    Based on the amortized cost basis as of period end, divided by the total period-end amortized cost basis of the corresponding financing receivable class of single-family held-for-investment loans.

The table below shows the financial effect of single-family held-for-investment loan restructurings involving borrowers experiencing financial difficulty that we entered into during the periods presented.Table 4.10 – Financial Effects of Single-Family Loan Restructurings Involving Borrowers Experiencing Financial Difficulty(1)2024(Dollars in thousands)Weighted-Average Interest Rate ReductionWeighted-Average Months of Term ExtensionWeighted-Average Payment Deferral or Principal Forbearance(2)Single-Family:20- and 30-year or more, amortizing fixed-rate0.5 %168$16 15-year or less, amortizing fixed-rate— 1012 Adjustable-rate and other1.0 22915 2023(Dollars in thousands)Weighted-Average Interest Rate ReductionWeighted-Average Months of Term ExtensionWeighted-Average Payment Deferral or Principal Forbearance(2)Single-Family:20- and 30-year or more, amortizing fixed-rate1.0 %175$16 15-year or less, amortizing fixed-rate— 015 Adjustable-rate and other1.6 20217 (1)     Averages are based on payment deferral plans and loan modifications completed during the periods presented. The financial effects of forbearance plans and repayment plans consist of a payment delay of between one and twelve months. In addition, the financial effect of a forbearance plan is included at the time the forbearance plan is completed if the borrower exits forbearance by entering into a payment deferral plan or loan modification.(2)     Primarily related to payment deferral plans. Amounts are based on non-interest-bearing principal balances on the restructured loans.

The following table provides the amortized cost basis of single-family held-for-investment loans that had a payment default (i.e., loans that became two months delinquent) during the periods presented and had been restructured within the previous 12 months preceding the payment default, when the borrower was experiencing financial difficulty at the time of the restructuring.Table 4.11 - Subsequent Defaults of Single-Family Restructured Loans Involving Borrowers Experiencing Financial Difficulty(1