Company: FMCCN
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0001026214-25-000086
Chunk: 169

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-07-31
Form: 10-Q
Item: Item 1
Chunk 169
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15,560 Held-for-investment UPB3,086,962 100,115 3,187,077 3,063,211 87,416 3,150,627 Cost basis and fair value adjustments, net(1)28,011 (385)27,626 28,926 (450)28,476 Allowance for credit losses(7,236)(493)(7,729)(6,381)(393)(6,774)   Total held-for-investment loans, net(2)3,107,737 99,237 3,206,974 3,085,756 86,573 3,172,329 Total mortgage loans, net$3,109,471 $103,803 $3,213,274 $3,088,154 $99,735 $3,187,889 (1)Includes ($0.3) billion and ($0.7) billion of basis adjustments maintained on a closed portfolio basis related to existing portfolio layer method fair value hedge relationships as of June 30, 2025 and December 31, 2024, respectively. (2)Includes $4.4 billion and $2.4 billion of multifamily held-for-investment loans for which we have elected the fair value option as of June 30, 2025 and December 31, 2024, respectively.

The table below provides details of the UPB of loans we purchased and sold during the periods presented.Table 3.2 - Loans Purchased and Sold(In millions)2Q 20252Q 2024YTD 2025YTD 2024Single-Family:Purchases:  Held-for-investment loans$93,603 $85,239 $171,249 $147,508 Sales of held-for-sale loans(1)496 381 1,255 999 Multifamily:Purchases:  Held-for-investment loans8,663 3,791 12,577 6,416   Held-for-sale loans2,096 6,581 7,527 13,040 Sales of held-for-sale loans(2)8,247 6,462 14,851 13,065 (1)Our sales of single-family loans reflect the sale of single-family seasoned loans.(2)Our sales of multifamily loans occur primarily