Company: FMCCN
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001026214-25-000116
Chunk: 15

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-10-30
Form: 10-Q
Item: Item 13
Chunk 15
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The tables below present a summary of the changes in our allowance for credit losses and key allowance for credit losses ratios.

Table 13 - Allowance for Credit Losses Activity

3Q 20253Q 2024YTD 2025YTD 2024(Dollars in millions) Single-FamilyMulti-familyTotalSingle-FamilyMulti-familyTotalSingle-FamilyMulti-familyTotalSingle-FamilyMulti-familyTotalAllowance for credit losses:Beginning 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 Net charge-offs(80)(111)(191)(36)— (36)(317)(115)(432)(278)— (278)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 Average loans outstanding during the period(2)$3,123,997 $110,858 $3,234,855 $3,062,970$67,309$3,130,279 $3,111,493$96,379$3,207,872$3,045,392$62,495$3,107,887 Net charge-offs to average loans outstanding— %0.10 %0.01 %— %— %— %0.01 %0.12 %0.01 %0.01 %— %0.01 %Components of ending balance of allowance for credit losses:Mortgage loans held-for-investment$7,383 $507 $7,890