Company: FMCCN
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001026214-25-000116
Chunk: 88

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-10-30
Form: 10-Q
Item: Item 15
Chunk 88
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 839 Net revenues4,904 835 5,739 5,056 782 5,838 (Provision) benefit for credit losses(118)(57)(175)99 92 191 Non-interest expenseAdministrative expense(1)(549)(167)(716)(558)(155)(713)Credit enhancement expense(439)(50)(489)(575)(41)(616)Legislative and regulatory assessments(821)(18)(839)(801)(13)(814)Other expense(59)(13)(72)(32)(8)(40)Non-interest expense(1,868)(248)(2,116)(1,966)(217)(2,183)Income before income tax expense2,918 530 3,448 3,189 657 3,846 Income tax expense(571)(104)(675)(616)(125)(741)Net income2,347 426 2,773 2,573 532 3,105 Other comprehensive income (loss), net of taxes and reclassification adjustments6 10 16 10 52 62 Comprehensive income $2,353 $436 $2,789 $2,583 $584 $3,167 

Freddie Mac 3Q 2025 Form 10-Q77

Financial Statements                      Notes to the Condensed Consolidated Financial Statements | Note 11

YTD 2025YTD 2024(In millions)Single-FamilyMultifamilyTotalSingle-FamilyMultifamilyTotalNet interest incomeInterest income$92,108 $4,280 $96,388 $84,277 $2,981 $87,258 Interest expense(77,410)(3,122)(80,532)(70,462)(2,110)(72,572)Net interest income14,698 1,158 15,856 13,815 871 14,686 Non-interest income Guarantee income76 1,139 1,215 68 1,298 1,366 Investment gains (losses), net(49)123 74 531 666 1,197 Other income232 130 362 210 124 334 Non-interest income 259 1,392 1,651 809 2,088 2,897 Net revenues14,957 2,550 17,507 14,624