Company: FMCCN
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001026214-25-000116
Chunk: 143

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-10-30
Form: 10-Q
Item: Item 1
Chunk 143
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 disclosure below related to loss mitigation activities, we generally exclude loans for which we do not control servicing. See Note 3 for additional information on our loss mitigation activities. For information on our refinance programs, see the MD&A - Our Business Segments - Single-Family and MD&A - Risk Management - Credit Risk - Single-Family Mortgage Credit Risk sections in our 2024 Annual Report.

Loan Workout Activities

We continue to help families retain their homes or otherwise avoid foreclosure through loan workouts. The table below provides details about the single-family loan workout activities that were completed during the periods presented.

Table 21 - Single-Family Completed Loan Workout Activity3Q 20253Q 2024(UPB in millions, loan count in thousands)UPBLoan CountUPBLoan CountPayment deferral plans$2,029 8$1,748 6Loan modifications2,598 91,637 7Forbearance plans and other(1)1,180 51,025 5Total $5,807 22$4,410 18YTD 2025YTD 2024(UPB in millions, loan count in thousands)UPBLoan CountUPBLoan CountPayment deferral plans$7,141 27$6,516 24Loan modifications7,254 274,701 19Forbearance plans and other(1)4,176 173,262 14Total$18,571 71$14,479 57

(1)     The forbearance data is limited to loans in forbearance that are past due based on the loans' original contractual terms and excludes loans included in certain legacy transactions, as the forbearance data for such loans is either not reported to us by the servicers or is otherwise not readily available to us. Other includes repayment plans and foreclosure alternatives.

Completed loan workout activity includes forbearance plans where borrowers fully reinstated the loan to current status during or at the end of the forbearance period, payment deferral plans, loan modifications, successfully completed repayment plans, short sales, and deeds in lieu of foreclosure. Completed loan workout activity excludes active loss mitigation activity that was ongoing and had not been completed as of the end of the period, such as forbearance plans that had been initiated but not completed and trial period modifications. There were approximately 15,000 loans in active forbearance plans and approximately 19,000 loans in other active loss mitigation activity as of September 30, 202