Company: FMCCN
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0001026214-25-000086
Chunk: 206

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-07-31
Form: 10-Q
Item: Item 1
Chunk 206
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Mortgage loans held-for-sale— 10,099 1,295 — 11,394 Mortgage loans held-for-investment— 1,572 841 — 2,413 Other assets:Guarantee assets— — 5,126 — 5,126 Derivative assets, net  9 6,387 94 (5,989)501 Other assets— 24 219 — 243  Total other assets9 6,411 5,439 (5,989)5,870 Total assets carried at fair value on a recurring basis$42,298 $27,954 $11,185 ($5,989)$75,448 Liabilities:Debt:Debt of consolidated trusts$— $1,996 $17 $— $2,013 Debt of Freddie Mac— 241 85 — 326 Total debt— 2,237 102 — 2,339 Other liabilities:Derivative liabilities, net— 7,116 120 (6,282)954 Other liabilities— 5 19 — 24 Total other liabilities— 7,121 139 (6,282)978  Total liabilities carried at fair value on a recurring basis$— $9,358 $241 ($6,282)$3,317 (1)     Represents counterparty netting and cash collateral netting, and includes accrued interest receivable and payable.

Freddie Mac 2Q 2025 Form 10-Q82

Financial Statements                      Notes to the Condensed Consolidated Financial Statements | Note 13

Level 3 Fair Value MeasurementsThe table below presents a reconciliation of all assets and liabilities measured on our condensed consolidated balance sheets at fair value on a recurring basis using significant unobservable inputs (Level 3), including transfers into and out of Level 3. The table also presents gains and losses due to changes in fair value, including both realized and unrealized gains and losses, recognized on our condensed consolidated statements of income for Level 3 assets and liabilities.Table 13.2 - Fair Value Measurements of Assets and Liabilities Using Significant Unobservable Inputs 2Q 2025(In millions)Investment SecuritiesMortgage Loans Held-for-SaleMortgage Loans Held-for-InvestmentOther AssetsTotal LiabilitiesBalance at April 1