Company: FMCCN
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0001026214-25-000060
Chunk: 120

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-05-01
Form: 10-Q
Item: Item 1
Chunk 120
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 losses.

Loan Characteristics and Serious Delinquency Rates

The table below contains details of the characteristics and serious delinquency rates of the loans in our Single-Family mortgage portfolio.

Table 19 - Credit Quality Characteristics and Serious Delinquency Rates of Our Single-Family Mortgage Portfolio(1) March 31, 2025(Dollars in millions)UPBOriginal CreditScore(2)Current CreditScore(2)(3)OriginalLTV RatioCurrent LTVRatioSDQ RateSingle-Family mortgage portfolio year of origination:2025$44,125 75775777 %77 %— %2024334,335 75474978 75 0.20 2023243,876 75074879 72 0.78 2022392,146 74674376 64 0.98 2021896,566 75275571 50 0.42 2020 and prior1,204,132 75076073 38 0.64 Total$3,115,180 75175474 52 0.59 

December 31, 2024(Dollars in millions)UPBOriginal CreditScore (2)Current CreditScore(2)(3)OriginalLTV RatioCurrent LTVRatioSDQ RateSingle-Family mortgage portfolio year of origination:2024$309,757 75474978 %76 %0.12 %2023250,712 75174979 72 0.68 2022399,741 74674376 65 0.95 2021912,364 75275671 50 0.42 2020665,137 76176871 43 0.25 2019 and prior566,463 73875275 33 0.91 Total$3,104,174 751 755 74 52 0.59 

(1)Excludes certain credit quality characteristics and serious delinquency rate information on loans underlying certain securitization products for which data was not available.

(2)Original credit score is generally based on three credit bureaus (Equifax, Experian, and TransUnion). Current credit score is based on Experian only.

(3)Credit scores for certain recently acquired loans may not have been updated by the credit bureau since the loan acquisition and therefore the original credit scores also represent the current credit scores.

Freddie