Company: FMCCN
Filing Date: 2025-02-13
Form Type: 10-K
Source: 0001026214-25-000040
Chunk: 124

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-02-13
Form: 10-K
Item: Item 15
Chunk 124
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 amounts:Core capital (statutory)$95 N/A$95 ($13)($108)Tier 1 capital95 $14 109 (18)(127)Leverage capital ratios(3):Core capital (statutory)2.5 %N/A2.5 %(0.3)%(2.8)%Tier 1 capital2.5 0.4 %2.9 (0.5)(3.4)

FREDDIE MAC  |  2024 Form 10-K93

Management's Discussion and AnalysisLiquidity and Capital Resources 

December 31, 2023(Dollars in billions)Minimum Capital RequirementApplicable Buffer(1)Capital Requirement (Including Buffer)Available Capital (Deficit)Capital ShortfallRisk-based capital amounts:Total capital$81 N/A$81 ($18)($99)CET1 capital45 $51 96 (43)(139)Tier 1 capital60 51 111 (29)(140)Adjusted total capital81 51 132 (29)(161)Risk-based capital ratios(2):Total capital8.0 %N/A8.0 %(1.8)%(9.8)%CET1 capital4.5 5.0 %9.5 (4.3)(13.8)Tier 1 capital6.0 5.0 11.0 (2.9)(13.9)Adjusted total capital8.0 5.0 13.0 (2.9)(15.9)Leverage capital amounts:Core capital$95 N/A$95 ($25)($120)Tier 1 capital95 $11 106 (29)(135)Leverage capital ratios(3):Core capital2.5 %N/A2.5 %(0.7)%(3.2)%Tier 1 capital2.5 0.3 %2.8 (0.8)(3.6)

(1)PCCBA for risk-based capital and PLBA for leverage capital.

(2)As a percentage of RWA.

(3)As a percentage of ATA.

At December 31, 2024, our maximum payout ratio under the ERCF was 0.0%, which applies to limit our capital distributions and discretionary bonus payments discussed under the risk-based and leverage capital requirements.

FREDDIE MAC