Company: FMCCN
Filing Date: 2025-02-13
Form Type: 10-K
Source: 0001026214-25-000040
Chunk: 2

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-02-13
Form: 10-K
Item: Item 3
Chunk 2
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The table below presents an analysis of interest-earning assets and interest-bearing liabilities. To calculate the average balances, we generally use a daily weighted average of amortized cost. When daily average balance information is not available, such as for mortgage loans, we use monthly averages. Mortgage loans on non-accrual status, where interest income is generally recognized when collected, are included in the average balances. 

Table 3 - Analysis of Net Interest Yield Year Ended December 31, 202420232022(Dollars in millions)AverageBalanceInterestIncome(Expense)AverageRateAverageBalanceInterestIncome(Expense)AverageRateAverageBalanceInterestIncome(Expense)AverageRateInterest-earning assets:Cash and cash equivalents$10,979 $445 4.05 %$13,466 $532 3.95 %$14,705 $179 1.22 %Securities purchased under agreements to resell114,028 6,083 5.34 118,579 6,135 5.17 97,260 1,718 1.77 Investment securities45,498 2,069 4.55 40,481 1,571 3.88 47,612 1,640 3.44 Mortgage loans(1)3,129,520 109,117 3.49 3,061,638 96,985 3.17 2,967,147 79,826 2.69 Other assets2,414 163 6.75 2,479 140 5.65 4,104 95 2.31 Total interest-earning assets3,302,439 117,877 3.57 3,236,643 105,363 3.25 3,130,828 83,458 2.67 Interest-bearing liabilities:Debt of consolidated trusts3,062,029 (88,227)(2.88)2,997,841 (76,703)(2.56)2,911,235 (61,404)(2.11)Debt of Freddie Mac182,706 (9,913)(5.43)192,510 (10,118)(5.26)178,757 (4,049)(2.27)Total interest-bearing liabilities3,244,735 (98,140)(3.02)3,