Company: FMCCN
Filing Date: 2025-02-13
Form Type: 10-K
Source: 0001026214-25-000040
Chunk: 54

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-02-13
Form: 10-K
Item: Item 15
Chunk 54
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Table 15 - Allowance for Credit Losses Ratios 

December 31, 2024December 31, 2023(Dollars in millions) Single-FamilyMultifamilyTotalSingle-FamilyMultifamilyTotalAllowance for credit losses ratios:Allowance for credit losses(1) to total loans outstanding 0.21 %0.46 %0.21 %0.20 %0.57 %0.21 %Non-accrual loans to total loans outstanding0.51 0.15 0.50 0.44 0.11 0.44 Allowance for credit losses to non-accrual loans40.11 314.40 42.25 45.01 509.38 47.20 Balances:Allowance for credit losses on mortgage loans held-for-investment$6,381 $393 $6,774 $6,057 $326 $6,383 Total loans outstanding(2)3,092,137 84,554 3,176,691 3,031,136 57,107 3,088,243 Non-accrual loans(2)15,908 125 16,033 13,458 64 13,522 

(1)Represents allowance for credit losses on mortgage loans held-for-investment.

(2)Based on amortized cost basis of mortgage loans held-for-investment for which we have not elected the fair value option.

See Note 6 for additional information on our allowance for credit losses and Note 4 for additional information on our non-accrual policy. 

FREDDIE MAC  |  2024 Form 10-K50

Management's Discussion and AnalysisRisk Management

The table below shows the contractual principal payments due by specified timeframe for held-for-investment loans outstanding as of the period end.

Table 16 - Principal Amounts Due for Held-for-Investment Loans 

December 31, 2024(In millions)Due in One Year or LessDue after One Year through Five YearsDue after Five Years through 15 YearsDue after 15 YearsTotalSingle-Family:  Fixed-rate$93,737 $400,147 $1,091,339 $1,454,836 $3,040,059  Adjustable-rate640 2,912 8,579 11,021 23,152