Company: FMCCN
Filing Date: 2025-02-13
Form Type: 10-K
Source: 0001026214-25-000040
Chunk: 71

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-02-13
Form: 10-K
Item: Item 15
Chunk 71
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SDQ RateAbove 125% original LTV$5,111 44,151 0.78 %$5,779 47,799 0.97 %Above 100% to 125% original LTV9,837 84,958 0.76 11,160 92,162 0.94 Above 80% to 100% original LTV 16,983 162,335 0.66 19,416 177,148 0.70 80% and below original LTV24,155 316,960 0.52 28,352 355,829 0.51 Total $56,086 608,404 0.61 $64,707 672,938 0.65 

Loan Workout Activities

We continue to help families retain their homes or otherwise avoid foreclosure through loan workouts. The table below provides details about the single-family loan workout activities that were completed during the periods presented.

Table 28 - Single-Family Completed Loan Workout ActivityYear Ended December 31,202420232022(UPB in billions, loan count in thousands)UPBLoan CountUPBLoan CountUPBLoan CountPayment deferral plans$9 32 $9 35 $14 61 Loan modifications6 25 5 22 11 45 Forbearance plans and other(1)5 20 5 24 6 30 Total $20 77 $19 81 $31 136 

(1)The forbearance data is limited to loans in forbearance that are past due based on the loans' original contractual terms and excludes loans included in certain legacy transactions, as the forbearance data for such loans is either not reported to us by the servicers or is otherwise not readily available to us. Other includes repayment plans and foreclosure alternatives.

Completed loan workout activity includes forbearance plans where borrowers fully reinstated the loan to current status during or at the end of the forbearance period, payment deferral plans, loan modifications, successfully completed repayment plans, short sales, and deeds in lieu of foreclosure. Completed loan workout activity excludes active loss mitigation activity that was ongoing and had not been completed as of the end of the year, such as forbearance plans that had been initiated but not completed and trial period modifications. There were approximately 24,000 loans in active forbearance plans and approximately 15,