Company: FMCCN
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0001026214-25-000086
Chunk: 86

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-07-31
Form: 10-Q
Item: Item 15
Chunk 86
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 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)(11)(802)Other expense(53)(21)(74)(44)(11)(55)Non-interest expense(1,905)(253)(2,158)(1,921)(213)(2,134)Income before income tax expense2,608 367 2,975 2,858 602 3,460 Income tax expense(516)(72)(588)(574)(121)(695)Net income2,092 295 2,387 2,284 481 2,765 Other comprehensive income (loss), net of taxes and reclassification adjustments9 12 21 (5)— (5)Comprehensive income $2,101 $307 $2,408 $2,279 $481 $2,760 

Freddie Mac 2Q 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$60,687 $2,726 $63,413 $55,512 $1,937 $57,449 Interest expense(51,036)(1,976)(53,012)(46,389)(1,373)(47,762)Net interest income9,651 750 10,401 9,123 564 9,687 Non-interest income Guarantee income56 782 838 45 834 879 Investment gains, net203 108 311 249 705 954 Other income143 75 218 151 74 225 Non-interest income 402 965 1,367 445 1,613 2,058 Net revenues10,053 1,715 11,768 9,568 2,177 11,745 (Provision) benefit for credit losses(850)(213)(1,063)(435)(140)(575)Non-interest expense