Company: FMCCN
Filing Date: 2025-02-13
Form Type: 10-K
Source: 0001026214-25-000040
Chunk: 306

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-02-13
Form: 10-K
Item: Item 15
Chunk 306
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 sourcesPrice$74.1 - $100.4$82.3182 OtherTotal$1,474 December 31, 2023Level 3FairValuePredominantValuationTechnique(s)Unobservable Inputs(Dollars in millions, except for certain unobservable inputs as shown)TypeRangeWeightedAverage(1)Mortgage loans$1,394 External pricing sourcesPrice$72.9 - $98.8$82.4184 OtherTotal$1,578 (1)   Unobservable inputs were weighted primarily by the relative fair value of the financial instruments.

FREDDIE MAC  |  2024 Form 10-K206

Financial Statements                               Notes to Consolidated Financial Statements | Note 16

Fair Value of Financial InstrumentsThe table below presents the carrying value and estimated fair value of our financial instruments. For certain types of financial instruments, such as cash and cash equivalents, securities purchased under agreements to resell, secured lending, and certain debt, the carrying value on our GAAP balance sheets approximates fair value, as these assets and liabilities are short-term in nature and have limited fair value volatility. Table 16.6 - Fair Value of Financial InstrumentsDecember 31, 2024GAAP Measurement Category(1)Carrying  Amount(2)Fair Value(In millions)Level 1Level 2Level 3Netting Adjustments(3)TotalFinancial assetsCash and cash equivalentsAmortized cost$5,534 $5,534 $— $— $— $5,534 Securities purchased under agreements to resellAmortized cost100,118 — 108,338 — (8,220)100,118 Investments securities:Available-for-saleFV - OCI3,899 — 3,316 583 — 3,899 TradingFV - NI51,872 42,289 6,556 3,027 — 51,872 Total investments securities55,771 42,289 9,872 3,610 — 55,771 Mortgage loans:Mortgage loans held-for-sale15,560 — 11,943 3,764 — 15,707 Mortgage loans held-for-investment, net of allowance for credit losses3,172,329 — 2,469,708 286,371 —