Company: FMCCN
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0001026214-25-000086
Chunk: 45

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-07-31
Form: 10-Q
Item: Item 15
Chunk 45
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 in areas in which our offices, significant portions of our total mortgage portfolio, or the offices of critical third parties are located, and for which we may be uninsured or significantly underinsured; and 

n    Other factors and assumptions described in this Form 10-Q and our 2024 Annual Report, including in the MD&A section.

Forward-looking statements are made only as of the date of this Form 10-Q, and we undertake no obligation to update any forward-looking statements we make to reflect events or circumstances occurring after the date of this Form 10-Q.

Freddie Mac 2Q 2025 Form 10-Q43

Financial Statements

Financial Statements

Freddie Mac 2Q 2025 Form 10-Q44

Financial StatementsCondensed Consolidated Statements of Income and Comprehensive Income

FREDDIE MAC 

Condensed Consolidated Statements of Income and Comprehensive Income (Unaudited) (In millions, except share-related amounts)2Q 20252Q 2024YTD 2025YTD 2024Net interest incomeInterest income$32,048 $29,064 $63,413 $57,449 Interest expense(26,749)(24,136)(53,012)(47,762)Net interest income5,299 4,928 10,401 9,687 Non-interest incomeGuarantee income398 383 838 879 Investment gains, net119 549 311 954 Other income100 128 218 225 Non-interest income617 1,060 1,367 2,058 Net revenues5,916 5,988 11,768 11,745 (Provision) benefit for credit losses(783)(394)(1,063)(575)Non-interest expenseSalaries and employee benefits(453)(420)(876)(841)Professional services, technology, and occupancy(295)(269)(548)(540)Credit enhancement expense(511)(588)(1,051)(1,185)Legislative and regulatory assessments(825)(802)(1,642)(1,589)Other expense(74)(55)(129)(101)Non-interest expense(2,158)(2,134)(4,246)(4,256)Income before income tax expense2,975 3,460 6,459 6,914 Income tax expense(588)(695)(1,278)(1,383)Net income 2,387 2