Company: FMCCN
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001026214-25-000116
Chunk: 180

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-10-30
Form: 10-Q
Item: Item 1
Chunk 180
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 costs.

MultifamilyThe table below presents the amortized cost basis of our multifamily held-for-investment loans, for which we have not elected the fair value option, by credit quality indicator, based on available data through the end of each period presented. These indicators involve significant management judgment and are defined as follows: n    "Pass" is current and adequately protected by the borrower's current financial strength and debt service capacity; n    "Special mention" has administrative issues that may affect future repayment prospects but does not have current credit weaknesses. In addition, this category generally includes loans in forbearance; n    "Substandard" has a weakness that jeopardizes the timely full repayment; and n    "Doubtful" has a weakness that makes collection or liquidation in full highly questionable and improbable based on existing conditions. 

Freddie Mac 3Q 2025 Form 10-Q57

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

Table 3.7 - Amortized Cost Basis of Multifamily Held-for-Investment Loans by Credit Quality Indicator and VintageSeptember 30, 2025Year of OriginationTotal(In millions) 20252024202320222021PriorRevolving LoansCategory:Pass$35,161 $28,772 $13,655 $16,010 $7,190 $13,652 $2,145 $116,585 Special mention— 36 184 177 110 479 — 986 Substandard— 50 225 617 281 471 — 1,644 Doubtful— — — — — — — — Total $35,161 $28,858 $14,064 $16,804 $7,581 $14,602 $2,145 $119,215 December 31, 2024Year of OriginationTotal(In millions) 20242023202220212020PriorRevolving LoansCategory:Pass$27,713 $14,471 $16,548 $7,179 $6,201 $7,921 $2,426 $82,459 Special mention50 76 239 39 86 327 — 817 Substandard— 29 444 329 200 276 — 1,278