Company: FMCCN
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0001026214-25-000086
Chunk: 14

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-07-31
Form: 10-Q
Item: Item 13
Chunk 14
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The tables below present a summary of the changes in our allowance for credit losses and key allowance for credit losses ratios.

Table 13 - Allowance for Credit Losses Activity

2Q 20252Q 2024YTD 2025YTD 2024(Dollars in millions) Single-FamilyMulti-familyTotalSingle-FamilyMulti-familyTotalSingle-FamilyMulti-familyTotalSingle-FamilyMulti-familyTotalAllowance for credit losses:Beginning balance$6,851 $600 $7,451 $6,508 $508 $7,016 $6,691 $548 $7,239 $6,402 $447 $6,849 Provision (benefit) for credit losses622 161 783 315 79 394 850 213 1,063 435 140 575   Charge-offs(96)(4)(100)(169)— (169)(287)(5)(292)(292)— (292)  Recoveries collected23 — 23 24 — 24 50 1 51 50 — 50 Net charge-offs(73)(4)(77)(145)— (145)(237)(4)(241)(242)— (242)Other(1)116 — 116 82 — 82 212 — 212 165 — 165 Ending balance$7,516 $757 $8,273 $6,760 $587 $7,347 $7,516 $757 $8,273 $6,760 $587 $7,347 Average loans outstanding during the period(2)$3,108,882 $91,834 $3,200,716 $3,042,676 $61,674 $3,104,350 $3,105,240$89,140$3,194,380$3,036,603$60,089$3,096,692 Net charge-offs to average loans outstanding— %— %— %— %— %— %0.01 %— %0.01 %0.01 %— %0.01 %Components of ending balance of allowance for credit losses:Mortgage loans held-for-investment$7,236 $493 $7,729 $6,457