Company: FMCCN
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0001026214-25-000086
Chunk: 200

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-07-31
Form: 10-Q
Item: Item 1
Chunk 200
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)(1,063)(575)Net interest income after (provision) benefit for credit losses$4,516 $4,534 $9,338 $9,112 

Freddie Mac 2Q 2025 Form 10-Q76

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

NOTE 11

Segment ReportingAs shown in the table below, we have two reportable segments, Single-Family and Multifamily. SegmentDescriptionSingle-Family Reflects results from our purchase, securitization, and guarantee of single-family loans, our investments in single-family loans and mortgage-related securities, the management of Single-Family mortgage credit risk and market risk, and any results of our treasury function that are not allocated to each segment.MultifamilyReflects results from our purchase, securitization, and guarantee of multifamily loans, our investments in multifamily loans and mortgage-related securities, and the management of Multifamily mortgage credit risk and market risk.Segment Results

The table below presents the financial results for our Single-Family and Multifamily segments. Table 11.1 - Segment Financial Results 2Q 20252Q 2024(In millions)Single-FamilyMultifamilyTotalSingle-FamilyMultifamilyTotalNet interest incomeInterest income$30,641 $1,407 $32,048 $28,071 $993 $29,064 Interest expense(25,743)(1,006)(26,749)(23,436)(700)(24,136)Net interest income 4,898 401 5,299 4,635 293 4,928 Non-interest income Guarantee income33 365 398 26 357 383 Investment gains, net142 (23)119 335 214 549 Other income62 38 100 98 30 128 Non-interest income237 380 617 459 601 1,060 Net revenues5,135 781 5,916 5,094 894 5,988 (Provision) benefit for credit losses(622)(161)(783)(315)(79)(394)Non-interest expenseAdministrative expense(1)(575)(173)(748)(540)(149)(689)Credit enhancement expense(464)(47)(511)(546)(42)(588)Legislative and regulatory assessments(813)(12)(825)(791