Company: FMCCN
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001026214-25-000116
Chunk: 191

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-10-30
Form: 10-Q
Item: Item 1
Chunk 191
---
 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)281 196 477 305 150 455 Total ending balance$7,664 $703 $8,367 $6,697 $495 $7,192 (1)Primarily includes capitalization of past due interest related to non-accrual loans that received payment deferral plans and loan modifications.(2)Includes allowance for credit losses related to advances of pre-foreclosure costs and off-balance sheet credit exposures.

n    3Q 2025 vs. 3Q 2024 - The provision for credit losses for 3Q 2025 was primarily driven by a credit reserve build in Single-Family attributable