Company: FMCCN
Filing Date: 2025-02-13
Form Type: 10-K
Source: 0001026214-25-000040
Chunk: 390

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-02-13
Form: 10-K
Item: Item 15
Chunk 390
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 ordinary course of business and on an arm's-length basis. 

FREDDIE MAC  |  2024 Form 10-K265

Certain Relationships and Related Transactions

CONSERVATORSHIP AGREEMENTS

Treasury, FHFA, and the Federal Reserve have taken a number of actions to support us during conservatorship, including entering into the Purchase Agreement, described in this Form 10-K. See MD&A - Conservatorship and Related Matters and Note 2.

FREDDIE MAC  |  2024 Form 10-K266

Principal Accounting Fees and Services

Principal Accounting Fees and Services

DESCRIPTION OF FEES

PricewaterhouseCoopers LLP has served as our independent public accountants since 2002. The following is a description of fees billed to us by PricewaterhouseCoopers LLP during 2024 and 2023.

Auditor Fees(1)

Table 70 - Auditor Fees

(In thousands)20242023Audit Fees(2)$23,268 $22,699 Audit-Related Fees(3)6,325 5,524 Tax Fees(4)1,370 1,473 All Other Fees(5)2 1 Total$30,965 $29,697 

(1)These fees represent amounts billed (including reimbursable expenses within the designated year).

(2)Audit fees include fees in connection with quarterly reviews of our interim financial information and the audit of our annual consolidated financial statements.

(3)Audit-related fees include: (1) fees for the performance of certain agreed-upon procedures regarding aspects of compliance with the Purchase Agreement covenants; (2) attestation-related services on debt offerings; (3) compliance evaluation of the minimum servicing standards as set forth in the Uniform Single Attestation Program for Mortgage Bankers; (4) fees related to accounting policy consultations; (5) fees for the performance of certain agreed-upon procedures related to our risk transfer and structured transactions, pursuant to engagement letters with the company, including where the fees are billed to and paid by unconsolidated trusts created in connection with such transactions; (6) fees related to sustainability reporting attestations; and (7) fees for assessing management’s Capital Investment framework and risk assessment methodology. 

(4)The tax fees related to non-audit tax compliance and consulting services arising from certain tax credits and advice and recommendations related to tax planning and reporting matters.

(5)All other fees include: