Company: FMCCN
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0001026214-25-000060
Chunk: 40

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-05-01
Form: 10-Q
Item: Item 15
Chunk 40
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(540)(597)Legislative and regulatory assessments(817)(787)Other expense(55)(46)Non-interest expense(2,088)(2,122)Income before income tax expense3,484 3,454 Income tax expense(690)(688)Net income 2,794 2,766 Other comprehensive income (loss), net of taxes and reclassification adjustments34 (25)Comprehensive income $2,828 $2,741 Net income $2,794 $2,766 Amounts attributable to senior preferred stock(2,828)(2,741)Net income (loss) attributable to common stockholders($34)$25 Net income (loss) per common share ($0.01)$0.01 Weighted average common shares (in millions) 3,234 3,234 

The accompanying notes are an integral part of these condensed consolidated financial statements.

Freddie Mac 1Q 2025 Form 10-Q42

Financial StatementsCondensed Consolidated Balance Sheets

FREDDIE MAC

Condensed Consolidated Balance Sheets (Unaudited) 

March 31,December 31,(In millions, except share-related amounts)20252024AssetsCash and cash equivalents (includes $1,056 and $1,165 of restricted cash and cash equivalents)$4,790 $5,534 Securities purchased under agreements to resell105,070 100,118 Investment securities, at fair value59,054 55,771 Mortgage loans held-for-sale (includes $10,563 and $11,394 at fair value)14,405 15,560 Mortgage loans held-for-investment (net of allowance for credit losses of $6,974 and $6,774 and includes $2,625 and $2,413 at fair value) 3,186,345 3,172,329 Accrued interest receivable11,050 11,029 Deferred tax assets, net4,992 5,018 Other assets (includes $6,210 and $5,870 at fair value)23,410 21,333 Total assets$3,409,116 $3,386,692 Liabilities and equityLiabilitiesAccrued interest payable$9,756 $9,822 Debt (includes $3,278 and $2,339 at fair value)3,325,101 3,