Company: FMCCN
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0001026214-25-000060
Chunk: 20

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-05-01
Form: 10-Q
Item: Item 15
Chunk 20
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CLTV ≤ 60CLTV > 60 to 80CLTV > 80 to 90CLTV > 90 to 100CLTV > 100All LoansCurrent credit score(2)(3)% of PortfolioSDQ Rate% of PortfolioSDQ Rate% of PortfolioSDQ Rate% of PortfolioSDQ Rate% of PortfolioSDQ Rate% of PortfolioSDQ Rate740 and above50 %0.04 %16 %0.05 %4 %0.09 %2 %0.10 %— %NM72 %0.05 %700 to 7399 0.22 2 0.22 2 0.25 1 0.18 — NM14 0.22 680 to 6992 0.45 2 0.40 — NM— NM— NM4 0.44 660 to 6792 0.73 1 0.66 — NM— NM— NM3 0.71 620 to 6592 1.60 1 1.62 — NM— NM— NM3 1.60 Less than 6203 7.95 1 10.62 — NM— NM— NM4 8.80 Total68 %0.51 23 %0.82 6 %1.003 %0.75 — %NM100 %0.59 

(1)     Excludes loans underlying certain securitization products for which current credit score is not available.

(2)     Current credit score is based on the credit bureau Experian only. 

(3)     Credit scores for certain recently acquired loans may not have been updated by the credit bureau since the loan acquisition and therefore the current credit scores represent the original credit scores.

Geographic Concentrations

We purchase mortgage loans from across the U.S. but do not purchase an equal number of loans from each geographic area, leading to concentrations of credit risk in certain geographic areas. Local economic and other conditions can affect the borrower's ability to repay and the value of the underlying collateral. Property insurance markets in certain geographic areas, including areas with high risk of natural disaster events, have observed increases in property insurance premiums and reduction in the availability of coverage in recent years. In