Company: FMCCN
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0001026214-25-000086
Chunk: 84

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-07-31
Form: 10-Q
Item: Item 15
Chunk 84
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billion and $104.9 billion of collateral that we had the right to repledge as of June 30, 2025 and December 31, 2024, respectively. We repledged $2.0 billion of collateral at June 30, 2025. We did not repledge collateral at December 31, 2024.

The table below presents the remaining contractual maturity of our gross obligations for our securities sold under agreements to repurchase. The collateral for such obligations consisted primarily of U.S. Treasury securities.Table 9.2 - Remaining Contractual Maturity(In millions)June 30, 2025December 31, 2024Overnight and continuous$7,581 $— 30 days or less— 8,220 After 30 days through 90 days— — Greater than 90 days— — Total$7,581 $8,220 

Collateral PledgedThe table below summarizes the fair value of the securities pledged as collateral by us for derivatives and collateralized borrowing transactions, including securities that the secured party may repledge, and for regulatory requirements.Table 9.3 - Collateral in the Form of Securities Pledged (In millions)June 30, 2025December 31, 2024Trading securities$11,072 $9,559 

Freddie Mac 2Q 2025 Form 10-Q75

Financial Statements                      Notes to the Condensed Consolidated Financial Statements | Note 10

NOTE 10

Net Interest Income

The table below presents the components of net interest income per our condensed consolidated statements of income.

Table 10.1 - Components of Net Interest Income (In millions) 2Q 20252Q 20242Q 2024YTD 2025YTD 2024Interest incomeMortgage loans$29,901 $26,821 $59,296 $53,050 Investment securities845 484 1,465 954 Securities purchased under agreements to resell1,186 1,593 2,426 3,125 Other116 166 226 320 Total interest income32,048 29,064 63,413 57,449 Interest expenseDebt of consolidated trusts(24,492)(21,634)(48,551)(42,756)Debt of Freddie Mac:Short-term debt(