Company: FMCCN
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0001026214-25-000060
Chunk: 184

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-05-01
Form: 10-Q
Item: Item 1
Chunk 184
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-for-InvestmentOther AssetsTotal LiabilitiesBalance at January 1, 2024$3,449 $896 $473 $5,519 $496 Total realized/unrealized gains/losses(1)Included in earnings(112)(6)(24)131 20 Included in other comprehensive income(5)— — — — Purchases359 294 — (10)(2)Issues— — — 106 19 Sales— (273)— (5)— Settlements, net(52)— (47)(201)(4)Transfers into Level 3— 35 298 — — Transfers out of Level 3— (159)(5)— — Balance at March 31, 2024$3,639 $787 $695 $5,540 $529 Change in unrealized gains/losses(1) included in net income related to assets and liabilities still held as of March 31, 2024(2)$19 ($7)($29)$130 $26 Change in unrealized gains/losses(1), net of tax, included in OCI related to assets and liabilities still held as of March 31, 2024(4)— — — — (1)For assets, increase and decrease in earnings and other comprehensive income is shown as gains and (losses), respectively. For liabilities, increase and decrease in earnings and comprehensive income is shown as (gains) and losses, respectively.(2)Represents the amount of total gains or losses for the period, included in earnings, attributable to the change in unrealized gains and losses related to assets and liabilities classified as Level 3 that were still held at March 31, 2025 and March 31, 2024, respectively. (3)Transfers out of level 3 during 1Q 2025 were primarily driven by a decline in the significance of the unobservable inputs for certain multifamily loans.

The table below provides valuation techniques, the range, and the weighted average of significant unobservable inputs for Level 3 assets and liabilities measured on our condensed consolidated balance sheets at fair value on a recurring basis.

Freddie Mac 1Q 2025 Form 10-Q77

Financial Statements                      Notes to the Condensed Consolidated Financial Statements | Note 13

Table 13.3 - Quant