Company: FMCCN
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0001026214-25-000060
Chunk: 62

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-05-01
Form: 10-Q
Item: Item 15
Chunk 62
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431 40Other mortgage-related guarantees7,770 7,770 118 27Total Single-Family mortgage-related guarantees38,069 32,529 549 Multifamily mortgage-related guarantees:Nonconsolidated securitization products(2)(3)353,002 316,427 4,090 35Other mortgage-related guarantees10,839 10,825 362 34Total Multifamily mortgage-related guarantees363,841 327,252 4,452 Guarantees of Fannie Mae securities102,835 102,835 — 37Other72 481 — 30December 31, 2024(Dollars in millions, terms in years)UPBMaximum ExposureRecognized Liability(1)Maximum Remaining TermSingle-Family mortgage-related guarantees:Nonconsolidated securitization products(2)$30,038 $24,470 $413 39Other mortgage-related guarantees7,941 7,941 127 27Total Single-Family mortgage-related guarantees37,979 32,411 540 Multifamily mortgage-related guarantees:Nonconsolidated securitization products(2)(3)355,108 317,611 4,219 35Other mortgage-related guarantees10,846 10,831 364 34Total Multifamily mortgage-related guarantees365,954 328,442 4,583 Guarantees of Fannie Mae securities104,120 104,120 — 37Other79 472 — 30(1)    Excludes allowance for credit losses on off-balance sheet credit exposures. See Note 5 for additional information on our allowance for credit losses on off-balance sheet credit exposures.(2)    Maximum exposure is based on remaining UPB of the guaranteed securities issued by the VIE. (3)    Includes UPB of $0.7 billion as of both March 31, 2025 and December 31, 2024 related to VIEs in which our interest would no longer absorb significant variability as the guaranteed securities have completely paid off. In addition, includes guarantees that are accounted for as derivatives with UPB of $2.0 billion as of both March 31, 2025 and December 31, 2024.

Freddie Mac 1Q 2025 Form 10-Q59

Financial Statements                         Notes to the Condensed Consolidated Financial Statements