Company: FMCCN
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0001026214-25-000060
Chunk: 109

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-05-01
Form: 10-Q
Item: Item 1
Chunk 109
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3,047,822$79,415$3,127,237$3,033,506$70,764$3,104,270Issued by nonconsolidated trusts24,759316,427341,18624,470317,611342,081Total guaranteed mortgage-related securities$3,072,581 $395,842 $3,468,423 $3,057,976 $388,375 $3,446,351 

Investments Portfolio

Our investments portfolio consists of our mortgage-related investments portfolio and other investments portfolio.

Mortgage-Related Investments Portfolio

The Purchase Agreement limits the size of our mortgage-related investments portfolio to a maximum amount of $225 billion. The calculation of mortgage assets subject to the Purchase Agreement cap includes the UPB of mortgage assets and 10% of the notional value of interest-only securities. We are also subject to additional limitations on the size and composition of our mortgage-related investments portfolio pursuant to FHFA guidance. For additional information on the restrictions on our mortgage-related investments portfolio, see the MD&A - Conservatorship and Related Matters section in our 2024 Annual Report.

Freddie Mac 1Q 2025 Form 10-Q10

Management's Discussion and AnalysisOur Portfolios

The table below presents the details of our mortgage-related investments portfolio.

Table 9 - Mortgage-Related Investments Portfolio

March 31, 2025December 31, 2024(In millions)Single-FamilyMultifamilyTotalSingle-FamilyMultifamilyTotalUnsecuritized mortgage loans(1)$42,597 $23,548 $66,145 $45,034$29,980$75,014 Mortgage-related securities:Investment securities2,980 3,886 6,866 3,136 4,020 7,156 Debt of consolidated trusts18,203 804 19,007 18,188 634 18,822 Total mortgage-related securities21,183 4,690 25,873 21,324 4,654 25,978 Mortgage-related investments portfolio$63,780 $28,238 $92,018 $66,358 $34,634 $100,992 10% of notional amount of interest-only securities$22,361$22,495Mortgage-related investments portfolio for purposes of Purchase Agreement cap114,379123,487

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