Company: FMCCN
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0001026214-25-000060
Chunk: 51

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-05-01
Form: 10-Q
Item: Item 15
Chunk 51
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Multifamily loans439 431 (3)(1)

Credit QualitySingle-FamilyThe current LTV ratio is one key factor we consider when estimating our allowance for credit losses for single-family loans. As current LTV ratios increase, the borrower's equity in the home decreases, which may negatively affect the borrower's ability to refinance or to sell the property for an amount at or above the balance of the outstanding loan.The table below presents the amortized cost basis of single-family held-for-investment loans by current LTV ratio. Our current LTV ratios are estimates based on available data through the end of each period presented.

Freddie Mac 1Q 2025 Form 10-Q52

Financial Statements                         Notes to the Condensed Consolidated Financial Statements | Note 3

Table 3.6 - Amortized Cost Basis of Single-Family Held-for-Investment Loans by Current LTV Ratio and VintageMarch 31, 2025Year of Origination Total(In millions)20252024202320222021PriorCurrent LTV ratio:  20- and 30-year or more, amortizing fixed-rate≤ 60$6,356 $52,703 $43,000 $112,167 $571,774 $996,917 $1,782,917 > 60 to 8017,600 133,013 106,456 181,087 208,965 50,433 697,554 > 80 to 906,916 62,770 66,239 53,366 9,374 1,146 199,811 > 90 to 100 10,742 70,477 17,061 8,735 1,102 234 108,351 > 10015 341 663 955 73 75 2,122   Total 20- and 30-year or more, amortizing fixed-rate41,629 319,304 233,419 356,310 791,288 1,048,805 2,790,755   Current period gross charge-offs(1)— 2 8 21 23 91 145   15-year or less, amortizing fixed-rate≤ 601,164 6,433 4,297 21,266 106,871 131,292 271,323 > 60 to 801,170