Company: FMCCN
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0001026214-25-000060
Chunk: 42

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-05-01
Form: 10-Q
Item: Item 15
Chunk 42
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 of period and March 31 $72,648 $72,648 Preferred stock, at redemption value Balance at beginning of period and March 3114,109 14,109 Common stock, at par value Balance at beginning of period and March 31— — Retained earningsBalance at beginning of period(23,270)(35,128)Net income2,794 2,766 Balance at March 31(20,476)(32,362)AOCI, net of taxBalance at beginning of period(27)(22)Changes in net unrealized gains (losses) on available-for-sale securities (net of taxes of $8 million and $7 million as of March 31, 2025 and March 31, 2024, respectively)29 (25)Reclassification adjustment for (gains) losses on available-for-sale securities included in net income (net of taxes of $0 million and $1 million as of March 31, 2025 and March 31, 2024, respectively)— 4 Other (net of taxes of $1 million and $1 million as of March 31, 2025 and March 31, 2024, respectively)5 (4)Balance at March 317 (47)Treasury stock, at costBalance at beginning of period and March 31(3,885)(3,885)Total equity$62,403 $50,463 

The accompanying notes are an integral part of these condensed consolidated financial statements.

Freddie Mac 1Q 2025 Form 10-Q44

Financial StatementsCondensed Consolidated Statements of Cash Flows

FREDDIE MAC

Condensed Consolidated Statements of Cash Flows (Unaudited)

(In millions)1Q 20251Q 2024Net cash provided by (used in) operating activities$3,572 $2,894 Cash flows from investing activitiesInvestment securities:Purchases(14,755)(15,067)Proceeds from sales9,652 16,257 Proceeds from maturities and repayments1,230 1,595 Mortgage loans acquired held-for-investment:Purchases(25,925)(23,751)Proceeds from sales946 714 Proceeds from repayments65,573 57,248 Advances under secured lending arrangements(27,899)(19,544)Net (increase) decrease in securities purchased under agreements to