Company: FMCCN
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0001026214-25-000086
Chunk: 210

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-07-31
Form: 10-Q
Item: Item 1
Chunk 210
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8$88.7 1,435 OtherMortgage loans held-for-investment984 External pricing sourcesPrice$21.6 - $106.4$87.4 Other assets4,731 Discounted cash flowsOAS17 - 3,500 bps48 bps610 OtherTotal Level 3 assets$10,087 LiabilitiesTotal Level 3 liabilities$170  December 31, 2024 Level 3FairValuePredominantValuationTechnique(s)Unobservable Inputs(Dollars in millions, except for certain unobservable inputs as shown)TypeRangeWeightedAverage(1)AssetsInvestment securities$2,344 External pricing sourcesPrice$0.0 - $3,652.7$99.1 1,266 OtherMortgage loans held-for-sale1,295 External pricing sourcesPrice$87.8 - $104.4$96.4 Mortgage loans held-for-investment841 External pricing sourcesPrice$29.2 - $100.0$83.1 Other assets4,816 Discounted cash flowsOAS17 - 3,500 bps48 bps623 OtherTotal Level 3 assets$11,185 LiabilitiesTotal Level 3 liabilities$241 (1)     Unobservable inputs were weighted primarily by the relative fair value of the financial instruments.

Assets Measured at Fair Value on a Non-Recurring BasisWe may be required, from time to time, to measure certain assets at fair value on a non-recurring basis. The table below presents assets measured on our condensed consolidated balance sheets at fair value on a non-recurring basis. Table 13.4 - Assets Measured at Fair Value on a Non-Recurring Basis (In millions)June 30, 2025December 31, 2024Mortgage loans:(1)Level 1$— $— Level 2470 303 Level 3(2)915 1,474 Total$1,385 $1,777 (1)Includes loans that are classified as held-for-investment where we recognize credit losses, either through an allowance for credit losses or charge-off, based on the fair value of the underlying collateral and held-for-sale loans where the fair value is below cost. The valuation date for certain items may occur during the period and not at period end.(2)The predominant valuation technique used for Level