Company: FMCCN
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001026214-25-000116
Chunk: 168

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-10-30
Form: 10-Q
Item: Item 1
Chunk 168
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,396 Repayments(111,234)(78,012)Net increase (decrease) in:Borrowings with original maturity of three months or less  9,250 9,975 Securities sold under agreements to repurchase(2,759)(8,135)Other, net(4)(7)Net cash provided by (used in) financing activities(17,738)(31,891)Net increase (decrease) in cash and cash equivalents (includes restricted cash and cash equivalents)(910)(1,162)Cash and cash equivalents (includes restricted cash and cash equivalents) at the beginning of year5,534 6,019 Cash and cash equivalents (includes restricted cash and cash equivalents) at end of period$4,624 $4,857 Supplemental cash flow informationCash paid for:Debt interest$83,386 $74,239 Income taxes1,800 2,650 Non-cash investing and financing activities (Notes 3 and 6)  The accompanying notes are an integral part of these condensed consolidated financial statements. 

Freddie Mac 3Q 2025 Form 10-Q48

Financial StatementsNotes to the Condensed Consolidated Financial Statements | Note 1

Notes to Condensed Consolidated Financial Statements

NOTE 1

Summary of Significant Accounting PoliciesFreddie Mac is a GSE chartered by Congress in 1970, with a mission to provide liquidity, stability, and affordability to the U.S. housing market. We are regulated by FHFA, the SEC, HUD, and Treasury, and are currently operating under the conservatorship of FHFA. The conservatorship and related matters significantly affect our management, business activities, financial condition, and results of operations. In connection with our entry into conservatorship, we entered into the Purchase Agreement with Treasury, under which we issued Treasury both senior preferred stock and a warrant to purchase common stock. Our Purchase Agreement with Treasury is critical to keeping us solvent and avoiding the appointment of a receiver by FHFA under statutory mandatory receivership provisions. We believe the support provided by Treasury pursuant to the Purchase Agreement currently enables us to have adequate liquidity to conduct normal business activities. For more information on the conservatorship, the roles of FHFA and Treasury, and the Purchase Agreement, see our 2024 Annual Report. Throughout our unaudited condensed consolidated financial statements and related notes, we use certain acronyms and terms which are defined in the Glossary of our 202