Company: FMCCN
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0001026214-25-000086
Chunk: 190

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-07-31
Form: 10-Q
Item: Item 1
Chunk 190
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30, 2025Less than 12 Months12 Months or Greater(In millions)Fair ValueGross Unrealized LossesFair ValueGross Unrealized LossesAgency mortgage-related securities$170 $— $2,075 ($58)Other mortgage-related securities27 (1)29 (15)Total available-for-sale securities in a gross unrealized loss position$197 ($1)$2,104 ($73)December 31, 2024Less than 12 Months12 Months or Greater(In millions)Fair ValueGross Unrealized LossesFair ValueGross Unrealized LossesAgency mortgage-related securities$448 ($6)$2,198 ($95)Other mortgage-related securities33 — 31 (13)Total available-for-sale securities in a gross unrealized loss position$481 ($6)$2,229 ($108)At June 30, 2025, the gross unrealized losses relate to 134 securities. 

The table below summarizes the total proceeds, gross realized gains, and gross realized losses from sales of available-for-sale securities.Table 6.6 - Total Proceeds, Gross Realized Gains, and Gross Realized Losses from Sales of Available-for-Sale Securities(In millions)2Q 20252Q 2024YTD 2025YTD 2024Gross realized gains$1 $2 1 $3 Gross realized losses(1)(6)(1)(12)Net realized gains (losses)$— ($4)$— ($9)Total proceeds$797 $438 $797 $837 

Non-Cash Investing and Financing ActivitiesDuring YTD 2025 and YTD 2024, we derecognized $1.5 billion and $1.2 billion, respectively, of mortgage-related securities and debt of consolidated trusts where we were no longer deemed the primary beneficiary.During 2Q 2025, we purchased $0.5 billion of non-mortgage-related securities that were traded, but not settled at June 30, 2025. We settled our purchase obligations during 3Q 2025.

Freddie Mac 2Q 2025 Form 10-Q68

Financial Statements                         Notes to the Condensed Consolidated Financial Statements | Note 7

NOTE 7

DebtThe table below summarizes the balances of total debt on our condensed consolidated balance sheets.

Table 7.1 - Total Debt