Company: FMCCN
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0001026214-25-000086
Chunk: 72

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-07-31
Form: 10-Q
Item: Item 15
Chunk 72
---
,163 $27,314 (1)Includes $0.5 billion and $2.0 billion of commitments for which we have elected the fair value option as of June 30, 2025 and December 31, 2024, respectively. Excludes mortgage loan purchase commitments accounted for as derivative instruments. See Note 8 for additional information on commitments accounted for as derivative instruments.(2)Net of $1.6 billion and $0.4 billion of unsettled securities sold under agreements to repurchase as of June 30, 2025 and December 31, 2024.(3)Consists of unfunded portion of revolving lines of credit, liquidity guarantees, and other commitments.

Freddie Mac 2Q 2025 Form 10-Q65

Financial Statements                         Notes to the Condensed Consolidated Financial Statements | Note 5

NOTE 5

Allowance for Credit Losses

The table below summarizes changes in our allowance for credit losses.Table 5.1 - Details of the Allowance for Credit Losses2Q 20252Q 2024YTD 2025YTD 2024 (In millions) Single-FamilyMulti-familyTotalSingle-FamilyMulti-familyTotalSingle-FamilyMulti-familyTotalSingle-FamilyMulti-familyTotalBeginning balance$6,851 $600 $7,451 $6,508 $508 $7,016 $6,691 $548 $7,239 $6,402 $447 $6,849 Provision (benefit) for credit losses622 161 783 315 79 394 850 213 1,063 435 140 575 Charge-offs(96)(4)(100)(169)— (169)(287)(5)(292)(292)— (292)Recoveries collected23 — 23 24 — 24 50 1 51 50 — 50 Other(1)116 — 116 82 — 82 212 — 212 165 — 165 Ending balance$7,516 $757 $8,273 $6,760 $587 $7,347 $7,516 $757 $8,273 $6,760 $587 $7,347 Components of the ending balance of the allowance for credit losses:Mortgage