Company: FMCCN
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001026214-25-000116
Chunk: 74

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-10-30
Form: 10-Q
Item: Item 15
Chunk 74
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 we have elected the fair value option as of September 30, 2025 were not material. 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 $1.5 billion and $0.4 billion of unsettled securities sold under agreements to repurchase as of September 30, 2025 and December 31, 2024.(3)Consists of unfunded portion of revolving lines of credit, liquidity guarantees, and other commitments.

Freddie Mac 3Q 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 Losses3Q 20253Q 2024YTD 2025YTD 2024 (In millions) Single-FamilyMulti-familyTotalSingle-FamilyMulti-familyTotalSingle-FamilyMulti-familyTotalSingle-FamilyMulti-familyTotalBeginning balance$7,516 $757 $8,273 $6,760 $587 $7,347 $6,691 $548 $7,239 $6,402 $447 $6,849 Provision (benefit) for credit losses118 57 175 (99)(92)(191)968 270 1,238 336 48 384 Charge-offs(118)(111)(229)(75)— (75)(405)(116)(521)(367)— (367)Recoveries collected38 — 38 39 — 39 88 1 89 89 — 89 Other(1)110 — 110 72 — 72 322 — 322 237 — 237 Ending balance$7,664 $703 $8,367 $6,697 $495 $7,192 $7,664 $703 $8,367 $6,697 $495 $7,192 Components of the ending balance of the allowance for credit losses:Mortgage loans held-for-investment$7,383 $507 $7,890 $6,392 $345 $6,737 Other(2)281