Company: FMCCN
Filing Date: 2025-02-13
Form Type: 10-K
Source: 0001026214-25-000040
Chunk: 239

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-02-13
Form: 10-K
Item: Item 15
Chunk 239
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 Loan Restructurings Involving Borrowers Experiencing Financial Difficulty(1)2024(Dollars in millions)Payment Delay(2)Payment Delay and Term ExtensionPayment Delay, Term Extension, and Interest Rate ReductionTotalTotal as % of Class of Financing Receivable(3)Single-Family:20- and 30-year or more, amortizing fixed-rate$18,526 $5,640 $78 $24,244 0.9 %15-year or less, amortizing fixed-rate723 — — 723 0.2 Adjustable-rate and other177 13 2 192 0.7 Total Single-Family loan restructurings$19,426 $5,653 $80 $25,159 0.8 2023(Dollars in millions)Payment Delay(2)Payment Delay and Term ExtensionPayment Delay, Term Extension, and Interest Rate ReductionTotalTotal as % of Class of Financing Receivable(3)Single-Family:20- and 30-year or more, amortizing fixed-rate$16,774 $4,051 $128 $20,953 0.8 %15-year or less, amortizing fixed-rate798 — — 798 0.2 Adjustable-rate and other179 19 5 203 0.7 Total Single-Family loan restructurings$17,751 $4,070 $133 $21,954 0.7 

FREDDIE MAC  |  2024 Form 10-K158

Financial StatementsNotes to Consolidated Financial Statements | Note 4

(1)     Type of loan restructurings reflects the cumulative effects of the loan restructurings received during the period. Includes loan modifications in the period in which the borrower completes the trial period and the loan is permanently modified. The amortized cost basis of loans in the trial period modification plans was $2.4 billion and $1.7 billion as of December 31, 2024 and December 31, 2023, respectively. Most of these loans are 20- and 30-year or more, amortizing fixed-rate loans. (2)    Includes $8.0 billion and $8.3 billion related to payment deferral plans for 2024 and 2023, respectively. Also includes forbearance plans,