Company: FMCCN
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0001026214-25-000060
Chunk: 135

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-05-01
Form: 10-Q
Item: Item 1
Chunk 135
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 Worth Activity(In millions)1Q 20251Q 2024Beginning balance$59,575 $47,722 Comprehensive income2,828 2,741 Capital draw from Treasury— — Senior preferred stock dividends declared— — Total equity / net worth$62,403 $50,463 Remaining Treasury funding commitment$140,162 $140,162 Aggregate draws under Purchase Agreement71,648 71,648 Aggregate cash dividends paid to Treasury119,680 119,680 Liquidation preference of the senior preferred stock132,223 120,370 

ERCF

For a description of our capital requirements under the ERCF, including the amended provisions, see the MD&A - Regulation and Supervision section in our 2024 Annual Report.

Capital Metrics

The table below presents the components of our regulatory capital.

Table 36 - Regulatory Capital Components

(In millions)March 31, 2025December 31, 2024Total equity$62,403 $59,575 Less:Senior preferred stock72,648 72,648 Preferred stock14,109 14,109 Common equity(24,354)(27,182)Less: Deferred tax assets arising from temporary differences that exceed 10% of CET1 capital and other regulatory adjustments5,103 5,123 Common equity Tier 1 capital(29,457)(32,305)Add: Preferred stock14,109 14,109 Tier 1 capital(15,348)(18,196)Tier 2 capital adjustments— — Adjusted total capital($15,348)($18,196)

The table below presents the components of our statutory capital.

Table 37 - Statutory Capital Components(In millions)March 31, 2025December 31, 2024Total equity$62,403 $59,575 Less:Senior preferred stock72,648 72,648 AOCI, net of taxes7 (27)Core capital(10,252)(13,046)General allowance for foreclosure losses(1)7,451 7,239 Total capital($2,801)($5,807)

(1)Represents our allowance for credit losses.

Freddie Mac 1Q 2025 Form 10-Q34

Management's Discussion and AnalysisLiquidity and Capital Resources

The table below presents our capital metrics under the ERCF.

Table 38 - Capital Metrics Under ERCF