Company: FMCCN
Filing Date: 2025-02-13
Form Type: 10-K
Source: 0001026214-25-000040
Chunk: 241

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-02-13
Form: 10-K
Item: Item 15
Chunk 241
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)2024(In millions)Payment DelayPayment Delay and Term ExtensionPayment Delay, Term Extension, and Interest Rate ReductionTotalSingle-Family:20- and 30-year or more, amortizing fixed-rate$3,287 $1,669 $21 $4,977 15-year or less, amortizing fixed-rate104 — — 104 Adjustable-rate and other36 2 — 38 Total Single-Family$3,427 $1,671 $21 $5,119 

FREDDIE MAC  |  2024 Form 10-K159

Financial StatementsNotes to Consolidated Financial Statements | Note 4

2023(In millions)Payment DelayPayment Delay and Term ExtensionPayment Delay, Term Extension, and Interest Rate ReductionTotalSingle-Family:20- and 30-year or more, amortizing fixed-rate$2,488 $905 $302 $3,695 15-year or less, amortizing fixed-rate97 — — 97 Adjustable-rate and other30 6 6 42 Total Single-Family$2,615 $911 $308 $3,834 (1)    Excludes forbearance plans and repayment plans as borrowers are typically past due based on the loan's original contractual terms at the time the borrowers enter into these plans.

The following table provides the single-family held-for-investment loan performance in the 12 months after a restructuring involving borrowers experiencing financial difficulty. While a single-family loan is in a forbearance plan or repayment plan, payments continue to be due based on the loan’s original contractual terms because the loan has not been permanently modified. As a result, we report single-family loans in forbearance plans and repayment plans as delinquent to the extent that payments are past due based on the loan’s original contractual terms. Loans that have been restructured by entering into a payment deferral plan or loan modification are reported as delinquent to the extent that payments are past due based on the loan's restructured terms.Table 4.12 - Amortized Cost Basis of Single-Family Restructured Loans Involving Borrowers Experiencing Financial Difficulty by Payment StatusDecember 31, 2024(In millions)CurrentOne Month Past DueTwo Months Past DueThree Months or More Past DueTotalSingle-Family:20- and 30-year or more, amortizing fixed-rate$11,011 $3,501