Company: FMCCN
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001026214-25-000116
Chunk: 133

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-10-30
Form: 10-Q
Item: Item 1
Chunk 133
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 deterioration in the credit performance of certain delinquent loans. 

Freddie Mac 3Q 2025 Form 10-Q19

Management's Discussion and AnalysisRisk Management

RISK MANAGEMENT

To achieve our mission, we take risks as an integral part of our business activities. We are exposed to the following key types of risk: credit risk, market risk, liquidity risk, operational risk, compliance risk, legal risk, strategic risk, and reputation risk.

Credit Risk

Allowance for Credit Losses

The tables below present a summary of the changes in our allowance for credit losses and key allowance for credit losses ratios.

Table 13 - Allowance for Credit Losses Activity

3Q 20253Q 2024YTD 2025YTD 2024(Dollars in millions) Single-FamilyMulti-familyTotalSingle-FamilyMulti-familyTotalSingle-FamilyMulti-familyTotalSingle-FamilyMulti-familyTotalAllowance for credit losses:Beginning balance$7,516 $757 $8,273 $6,760 $587 $7,347 $6,691 $548 $7,239 $6,402 $447 $6,849 Provision (benefit) for credit losses118 57 175 (99)(92)(191)968 270 1,238 336 48 384   Charge-offs(118)(111)(229)(75)— (75)(405)(116)(521)(367)— (367)  Recoveries collected38 — 38 39 — 39 88 1 89 89 — 89 Net charge-offs(80)(111)(191)(36)— (36)(317)(115)(432)(278)— (278)Other(1)110 — 110 72 — 72 322 — 322 237 — 237 Ending balance$7,664 $703 $8,367 $6,697 $495 $7,192 $7,664 $703 $8,367 $6,697 $495 $7,192 Average loans outstanding during the period(2)$3,123,997 $110,858 $3,234,855 $3,062,970$67,309$3,130,279 $3,111,493$96,379$3,207,872$