Company: FMCCN
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0001026214-25-000086
Chunk: 188

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-07-31
Form: 10-Q
Item: Item 1
Chunk 188
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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    2Q 2025 vs. 2Q 2024 - The provision for credit losses for 2Q 2025 was primarily driven by a credit reserve build in Single-Family attributable to lower estimated market values of single-family properties based on our internal house price index and lower forecasted house price growth rates. The provision for credit losses for 2Q 2024 was primarily driven by a credit reserve build in Single-Family attributable to new acquisitions.n    YTD 2025 vs. YTD 2024 - The provision for credit losses for YTD 2025 was primarily driven by a credit reserve build in Single-Family attributable to lower estimated market values of single-family properties based on our internal house price index and lower forecasted house price growth rates. The provision for credit losses for YTD 2024 was primarily driven by a credit reserve build in Single-Family attributable to new acquisitions and increasing mortgage interest rates.

Freddie Mac 2Q 2025 Form 10-Q66

Financial Statements                         Notes to the Condensed Consolidated Financial Statements | Note 6

NOTE 6 

Investment Securities

The table below summarizes the fair values of our investments in debt securities by classification.Table 6.1 - Investment Securities(In millions)June 30, 2025December 31, 2024Trading securities$79,122 $51,872 Available-for-sale securities3,728 3,899 Total fair value of investment securities$82,850 $55,771 

Trading Securities                                                                                                              The table below presents the fair values of our trading securities by major security type. Our non-mortgage-related securities primarily consist of investments in U.S. Treasury securities. Table 6.2 - Trading Securities(In millions)June 30, 2025December 31, 2024Mortgage-related securities$10,196 $9,158 Non-mortgage-related securities68,926 42,714 Total fair value of trading securities$79,122 $51,872 

The table below provides details of our net trading gains (losses) recognized during the periods presented.Table 6.3 - Net Trading Gains (Losses)(In millions