Company: FMCCN
Filing Date: 2025-02-13
Form Type: 10-K
Source: 0001026214-25-000040
Chunk: 256

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-02-13
Form: 10-K
Item: Item 15
Chunk 256
---
ross Unrealized LossesAgency mortgage-related securities$374 ($1)$3,006 ($108)Other mortgage-related securities23 (4)23 (5)Total available-for-sale securities in a gross unrealized loss position$397 ($5)$3,029 ($113)At December 31, 2024, the gross unrealized losses relate to 146 securities. 

Gains and losses on the sale of securities are included in investment gains, net, including those gains (losses) reclassified into earnings from AOCI. We use the specific identification method for determining the cost basis of a security in computing the gain or loss.

FREDDIE MAC  |  2024 Form 10-K170

Financial Statements                                  Notes to Consolidated Financial Statements | Note 7

The table below summarizes the total proceeds, gross realized gains, and gross realized losses from sales of available-for-sale securities.Table 7.6 - Total Proceeds, Gross Realized Gains and Gross Realized Losses from Sales of Available-for-Sale SecuritiesYear Ended December 31,(In millions)202420232022Gross realized gains$9 $9 $34 Gross realized losses(13)(183)(10)Net realized gains (losses)($4)($174)$24 Total proceeds$1,175 $3,164 $1,371 

Non-Cash Investing and Financing Activities During the years ended December 31, 2024, December 31, 2023, and December 31, 2022, we recognized $0.6 billion, $1.7 billion, and $9.0 billion, respectively, of investments in securities in exchange for the issuance of debt of consolidated trusts through partial sales of commingled single-class resecuritization products that were previously consolidated.During the years ended December 31, 2024, December 31, 2023, and December 31, 2022, we derecognized $3.4 billion, $4.8 billion, and $13.3 billion respectively, of mortgage-related securities and debt of consolidated trusts where we were no longer deemed the primary beneficiary.

FREDDIE MAC  |  2024 Form 10-K171

Financial Statements                                 Notes to Consolidated Financial Statements | Note 8

NOTE 8 

De