Company: FMCCN
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0001026214-25-000086
Chunk: 185

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-07-31
Form: 10-Q
Item: Item 1
Chunk 185
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 mortgage-related guarantees:Nonconsolidated securitization products(2)(3)351,323 315,362 4,008 35Other mortgage-related guarantees10,265 10,250 342 33Total Multifamily mortgage-related guarantees361,588 325,612 4,350 Guarantees of Fannie Mae securities100,969 100,969 — 36Other69 469 — 30December 31, 2024(Dollars in millions, terms in years)UPBMaximum ExposureRecognized Liability(1)Maximum Remaining TermSingle-Family mortgage-related guarantees:Nonconsolidated securitization products(2)$30,038 $24,470 $413 39Other mortgage-related guarantees7,941 7,941 127 27Total Single-Family mortgage-related guarantees37,979 32,411 540 Multifamily mortgage-related guarantees:Nonconsolidated securitization products(2)(3)355,108 317,611 4,219 35Other mortgage-related guarantees10,846 10,831 364 34Total Multifamily mortgage-related guarantees365,954 328,442 4,583 Guarantees of Fannie Mae securities104,120 104,120 — 37Other79 472 — 30(1)    Excludes allowance for credit losses on off-balance sheet credit exposures. See Note 5 for additional information on our allowance for credit losses on off-balance sheet credit exposures.(2)    Maximum exposure is based on remaining UPB of the guaranteed securities issued by the VIE. (3)    Includes UPB of $0.9 billion and $0.7 billion as of June 30, 2025 and December 31, 2024, respectively, related to VIEs in which our interest would no longer absorb significant variability as the guaranteed securities have completely paid off. In addition, includes guarantees that are accounted for as derivatives with UPB of $1.9 billion and $2.0 billion as of June 30, 2025 and December 31, 2024, respectively.

Freddie Mac 2Q 2025 Form 10-Q64

Financial Statements                         Notes to the Condensed Consolidated Financial Statements | Note 4

The table below presents the payment status of the mortgage loans underlying our mortgage-related guarantees