Company: FMCCN
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0001026214-25-000086
Chunk: 126

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-07-31
Form: 10-Q
Item: Item 1
Chunk 126
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, 2025.Single-Family Mortgage Loans(Loan count in millions)

Key Drivers:

n    June 30, 2025 vs. June 30, 2024

l    Our Single-Family mortgage portfolio was $3.1 trillion at June 30, 2025, up 2% year-over-year. The mortgage portfolio continued to grow at a moderate pace.

l    The average loan size of our Single-Family mortgage portfolio increased year-over-year due to higher conforming loan limits, which contributed to new business acquisitions having a larger loan size compared to older vintages that continued to run off.

Freddie Mac 2Q 2025 Form 10-Q15

Management's Discussion and AnalysisOur Business Segments | Single-Family

Financial Results 

The table below presents the results of operations for our Single-Family segment. See Note 11 for additional information about segment financial results.

Table 11 - Single-Family Segment Financial Results                 ChangeChange(Dollars in millions)2Q 20252Q 2024$%YTD 2025YTD 2024$%Net interest income$4,898 $4,635 $263 6%$9,651 $9,123 $528 6 %Non-interest income237 459 (222)(48)402 445 (43)(10)Net revenues5,135 5,094 41 110,053 9,568 485 5 (Provision) benefit for credit losses(622)(315)(307)(97)(850)(435)(415)(95)Non-interest expense (1,905)(1,921)16 1(3,776)(3,846)70 2 Income before income tax expense2,608 2,858 (250)(9)5,427 5,287 140 3 Income tax expense(516)(574)58 10(1,074)(1,058)(16)(2)Net income2,092 2,284 (192)(8)4,353 4,229 124 3 Other comprehensive income (loss), net of taxes and reclassification adjustments9 (5)14 NM17 (10)27 NMComprehensive income$2,101 $2,279 ($178)(8)%$4,370 $4,219 $151 4 %

Key Drivers:

n