Company: FMCCN
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001026214-25-000116
Chunk: 56

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-10-30
Form: 10-Q
Item: Item 15
Chunk 56
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Total held-for-sale loans, net1,563 244 1,807 2,398 13,162 15,560 Held-for-investment UPB3,101,831 126,842 3,228,673 3,063,211 87,416 3,150,627 Cost basis and fair value adjustments, net(1)28,441 (520)27,921 28,926 (450)28,476 Allowance for credit losses(7,383)(507)(7,890)(6,381)(393)(6,774)   Total held-for-investment loans, net(2)3,122,889 125,815 3,248,704 3,085,756 86,573 3,172,329 Total mortgage loans, net$3,124,452 $126,059 $3,250,511 $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 September 30, 2025 and December 31, 2024, respectively. (2)Includes $7.1 billion and $2.4 billion of multifamily held-for-investment loans for which we have elected the fair value option as of September 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)3Q 20253Q 2024YTD 2025YTD 2024Single-Family:Purchases:  Held-for-investment loans$99,428 $98,243 $270,677 $245,751 Sales of held-for-sale loans(1)707 658 1,962 1,657 Multifamily:Purchases:  Held-for-investment loans24,522 7,867 37,099 14,283   Held-for-sale loans195 6,028 7,722 19,068 Sales of held-for-sale loans(2)1,781 6,606 16,632 19,671 (1)