Company: FMCCN
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001026214-25-000116
Chunk: 194

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-10-30
Form: 10-Q
Item: Item 1
Chunk 194
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, 2024Less than 12 Months12 Months or Greater(In millions)Fair ValueGross Unrealized LossesFair ValueGross Unrealized LossesAgency mortgage-related securities$448 ($6)$2,198 ($95)Other mortgage-related securities33 — 31 (13)Total available-for-sale securities in a gross unrealized loss position$481 ($6)$2,229 ($108)At September 30, 2025, the gross unrealized losses relate to 119 securities. 

The table below summarizes the total proceeds, gross realized gains, and gross realized losses from sales of available-for-sale securities.Table 6.6 - Total Proceeds, Gross Realized Gains, and Gross Realized Losses from Sales of Available-for-Sale Securities(In millions)3Q 20253Q 2024YTD 2025YTD 2024Gross realized gains$— $5 1 $8 Gross realized losses— — (1)(12)Net realized gains (losses)$— $5 $— ($4)Total proceeds$49 $260 $846 $1,097 

Non-Cash Investing and Financing ActivitiesDuring YTD 2025 and YTD 2024, we derecognized $1.5 billion and $2.0 billion, respectively, of mortgage-related securities and debt of consolidated trusts where we were no longer deemed the primary beneficiary.

During 3Q 2025, we sold $0.2 billion of non-mortgage-related securities that were traded, but not settled at September 30, 2025. We settled our sale obligations during 4Q 2025.

Freddie Mac 3Q 2025 Form 10-Q68

Financial Statements                         Notes to the Condensed Consolidated Financial Statements | Note 7

NOTE 7

DebtThe table below summarizes the balances of total debt on our condensed consolidated balance sheets.

Table 7.1 - Total Debt (In millions)September 30, 2025December 31, 2024Debt of consolidated trusts$3,175,464 $3,122,941 Debt of Freddie Mac:Short-term debt38,255 14,675 Long-term debt165,354 167,333 Total debt of Freddie Mac203,609 182,008 Total debt$3,379,073 $3,