Company: FMCCN
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0001026214-25-000060
Chunk: 78

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-05-01
Form: 10-Q
Item: Item 15
Chunk 78
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 WA); Northeast (CT, DE, DC, MA, ME, MD, NH, NJ, NY, PA, RI, VT, VA, WV); Southeast (AL, FL, GA, KY, MS, NC, PR, SC, TN, U.S. VI); Southwest (AR, CO, KS, LA, MO, NE, NM, OK, TX, WY); North Central (IL, IN, IA, MI, MN, ND, OH, SD, WI).

Freddie Mac 1Q 2025 Form 10-Q73

Financial StatementsNotes to the Condensed Consolidated Financial Statements | Note 12

Multifamily Mortgage PortfolioThe table below summarizes the concentration by geographic area of our Multifamily mortgage portfolio. See Note 2, Note 3, Note 4, and Note 5 for additional information about credit risk associated with multifamily loans that we hold or guarantee.Table 12.2 - Concentration of Credit Risk of Our Multifamily Mortgage Portfolio March 31, 2025(Dollars in millions)Portfolio UPB% of PortfolioDelinquency Rate(1)Region(2)(3):Northeast$116,139 25 %0.80 %West112,509 24 0.20 Southeast95,980 21 0.21 Southwest94,978 20 0.46 North Central46,894 10 0.79 Total$466,500 100 %0.46 State(3):California$60,701 13 %0.31Texas59,796 13 0.55Florida40,615 9 0.23New York37,145 8 1.96Georgia19,655 4 0.08All other248,588 53 0.33Total$466,500 100 %0.46(1)Based on loans two monthly payments or more delinquent or in foreclosure.(2)Region designation: Northeast (CT, DE, DC, MA, ME, MD, NH, NJ, NY, PA, RI, VT, VA, WV); West (AK, AS, AZ, CA, GU, HI, ID, MP,  MT, NV, OR, UT, WA); Southeast (AL, FL, GA, KY, MS, NC, PR, SC, TN, U.S. VI); Southwest (AR, CO, KS, LA, MO,