Company: FMCCN
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0001026214-25-000086
Chunk: 178

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-07-31
Form: 10-Q
Item: Item 1
Chunk 178
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 Allowance(3)Single-Family:20- and 30-year or more, amortizing fixed-rate$2,722,336 $27,090 $7,588 $14,756 $2,771,770 $465 15-year or less, amortizing fixed-rate292,207 1,404 291 498 294,400 5 Adjustable-rate and other26,019 309 101 233 26,662 33 Total Single-Family3,040,562 28,803 7,980 15,487 3,092,832 503 Total Multifamily84,288 60 80 126 84,554 75 Total Single-Family and Multifamily$3,124,850 $28,863 $8,060 $15,613 $3,177,386 $578 

Freddie Mac 2Q 2025 Form 10-Q58

Financial Statements                         Notes to the Condensed Consolidated Financial Statements | Note 3

(1)There were no held-for-investment loans that were three months or more past due and accruing interest as of both June 30, 2025 and December 31, 2024.(2)Includes $3.3 billion and $2.6 billion of single-family loans that were in the process of foreclosure as of June 30, 2025 and December 31, 2024, respectively.(3)Loans with no allowance for loan losses primarily represent loans that were previously charged off and for which the amount we expect to collect is sufficiently in excess of the amortized cost to result in recovery of the entire amortized cost basis if the property were foreclosed upon or otherwise subject to disposition. We exclude the amounts of allowance for credit losses on advances of pre-foreclosure costs when determining whether a loan has an allowance for credit losses.

Loan RestructuringsSingle-Family Loan RestructuringsWe offer several types of restructurings to single-family borrowers that may result in a payment delay, interest rate reduction, term extension, or combination thereof. We do not offer principal forgiveness.  For purposes of the disclosure related to single-family loan restructurings involving borrowers experiencing financial difficulty, we exclude loans that were held-for-sale either at the time of restructuring or at the period end. The table below presents the period-end amortized cost basis of single