Company: FMCCN
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001026214-25-000116
Chunk: 26

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-10-30
Form: 10-Q
Item: Item 15
Chunk 26
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 of default. As a result, the percentage of loans two months past due tends to be a better early performance indicator than the percentage of loans one month past due.

Our Single-Family serious delinquency rate increased to 0.57% as of September 30, 2025, compared to 0.54% as of September 30, 2024, primarily due to a higher serious delinquency rate for loans originated during 2022 and later. See Note 3 for additional information on the payment status of our single-family mortgage loans.

Engaging in Loss Mitigation Activities

We offer a variety of borrower assistance programs. For purposes of the disclosure below related to loss mitigation activities, we generally exclude loans for which we do not control servicing. See Note 3 for additional information on our loss mitigation activities. For information on our refinance programs, see the MD&A - Our Business Segments - Single-Family and MD&A - Risk Management - Credit Risk - Single-Family Mortgage Credit Risk sections in our 2024 Annual Report.

Loan Workout Activities

We continue to help families retain their homes or otherwise avoid foreclosure through loan workouts. The table below provides details about the single-family loan workout activities that were completed during the periods presented.

Table 21 - Single-Family Completed Loan Workout Activity3Q 20253Q 2024(UPB in millions, loan count in thousands)UPBLoan CountUPBLoan CountPayment deferral plans$2,029 8$1,748 6Loan modifications2,598 91,637 7Forbearance plans and other(1)1,180 51,025 5Total $5,807 22$4,410 18YTD 2025YTD 2024(UPB in millions, loan count in thousands)UPBLoan CountUPBLoan CountPayment deferral plans$7,141 27$6,516 24Loan modifications7,254 274,701 19Forbearance plans and other(1)4,176 173,262 14Total$18,571 71$14,479 57

(1)     The forbearance data is limited to loans in forbearance that are past due based on the loans' original contractual terms and excludes loans included in certain legacy transactions, as the forbearance data for such loans is either not reported to us by the servicers or is otherwise not readily available to us. Other includes repayment plans and