Company: FMCCN
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0001026214-25-000060
Chunk: 13

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-05-01
Form: 10-Q
Item: Item 14
Chunk 13
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Table 14 - Allowance for Credit Losses Ratios

March 31, 2025December 31, 2024(Dollars in millions) Single-FamilyMultifamilyTotalSingle-FamilyMultifamilyTotalAllowance for credit losses ratios:Allowance for credit losses(1) to total loans outstanding 0.21 %0.49 %0.22 %0.21 %0.46 %0.21 %Non-accrual loans to total loans outstanding0.53 0.24 0.52 0.51 0.15 0.50 Allowance for credit losses to non-accrual loans39.73 208.21 41.83 40.11 314.40 42.25 Balances:Allowance for credit losses on mortgage loans held-for-investment$6,543 $431 $6,974 $6,381 $393 $6,774 Total loans outstanding(2)3,103,245 87,449 3,190,694 3,092,137 84,554 3,176,691 Non-accrual loans(2)16,467 207 16,674 15,908 125 16,033 

(1)Represents allowance for credit losses on mortgage loans held-for-investment.

(2)Based on amortized cost basis of mortgage loans held-for-investment for which we have not elected the fair value option.

Freddie Mac 1Q 2025 Form 10-Q19

Management's Discussion and AnalysisRisk Management

Single-Family Mortgage Credit Risk

Maintaining Prudent Eligibility Standards and Quality Control Practices and Managing Seller/Servicer Performance

Loan Purchase Credit Characteristics

We monitor and evaluate market conditions that could affect the credit quality of our single-family loan purchases. Additionally, when managing our new acquisitions, we consider our risk limits and guidance from FHFA and capital requirements under the ERCF. This may affect the volume and characteristics of our loan acquisitions.

The charts below show the credit profile of the single-family loans we purchased.

Weighted Average Original LTV Ratio                                                                                                             Weighted Average Original Credit Score(1)(1)Weighted average original credit score is generally based on three credit bureaus (Equifax, Experian, and TransUnion).Weighted Average Original DTI Ratio

Freddie Mac 1Q 2025 Form 10