TABLE 1 - TOTAL MORTGAGE PORTFOLIO 1, 2

Dec 2012 $31,288 ($449) ($52,076) ($21,237) $1,956,276 (1 31.6% 2.9%)Full-Year 2012 455,799 (5,312) (569,605) (119,118) 1,956,276 (5.7%) 27.4%

Jan 2013 43,119 (293) (50,710) (7,884) 1,948,392 (4.8%) 31.1%

Feb 42,850 (559) (48,959) (6,668) 1,941,724 (4.1%) 30.2%

Mar 52,009 (617) (44,853) 6,539 1,948,263 4.0% 27.7%

Apr 47,298 (627) (45,720) 951 1,949,214 0.6% 28.2%

May 42,381 (2,010) (45,169) (4,798) 1,944,416 (3.0%) 27.8%

Jun 48,388 (1,428) (46,131) 829 1,945,245 0.5% 28.5%

Jul 42,250 (2,177) (42,849) (2,776) 1,942,469 (1.7%) 26.4%

Aug 35,963 (3,866) (40,270) (8,173) 1,934,296 (5.0%) 24.9%

Sep 28,207 (3,251) (31,858) (6,902) 1,927,394 (4.3%) 19.8%

Oct 22,379 (6,392) (26,238) (10,251) 1,917,143 (6.4%) 16.3%

Nov 22,663 (1,393) (24,427) (3,157) 1,913,986 (2.0%) 15.3%

Dec 25,434 (1,191) (23,568) 675 1,914,661 0.4% 14.8%

YTD 2013 $452,941 ($23,804) ($470,752) ($41,615) $1,914,661 (2.1%) 24.1%

TABLE 2 - MORTGAGE-RELATED INVESTMENTS PORTFOLIO 1 TABLE 3 - MORTGAGE-RELATED 

Dec 2012 $17,360 ($10,967) ($11,959) $557,544 (11.9%) 25.5% $18,041 ($15,018) $3,023 Dec 2012 $186,76

Full-Year 2012 151,476 (115,175) (132,070) 557,544 (14.7 20.2% %) 164,810 (152,969) 11,841 Full-Year 2012 186,76

Jan 2013 15,075 (11,651) (10,926) 550,042 (16.1%) 23.5% 19,030 (17,074) 1,956 Jan 2013 183,84

Feb 13,939 (10,672) (10,575) 542,734 (15.9%) 23.1% 19,689 (15,570) 4,119 Feb 182,03

Mar 13,568 (12,048) (10,104) 534,150 (19.0%) 22.3% 17,000 (12,297) 4,703 Mar 178,65

Apr 15,004 (10,390) (10,507) 528,257 (13.2%) 23.6% 21,405 (22,115) (710) Apr 177,31

May 14,223 (13,749) (10,236) 518,495 (22.2%) 23.3% 26,593 (16,828) 9,765 May 175,22

Jun 26,336 (13,238) (10,374) 521,219 6.3% 24.0% 38,309 (19,451) 18,858 Jun 184,63

Jul 20,329 (9,870) (10,432) 521,246 0.1% 24.0% 21,849 (23,732) (1,883) Jul 188,86

Aug 17,844 (16,592) (10,554) 511,944 (21.4%) 24.3% 20,531 (22,754) (2,223) Aug 190,82

Sep 8,829 (14,694) (8,265) 497,814 (33.1%) 19.4% 13,560 (21,187) (7,627) Sep 183,27

Oct 10,246 (17,386) (8,003) 482,671 (36.5%) 19.3% 19,455 (31,153) (11,698) Oct 180,79

Nov 6,332 (15,216) (7,032) 466,755 (39.6%) 17.5% 10,747 (13,347) (2,600) Nov 171,28

Dec 10,963 (8,995) (7,699) 461,024 (14.7%) 19.8% 12,459 (11,419) 1,040 Dec 168,03

YTD 2013 $172,688 ($154,501) ($114,707) $461,024 (17.3%) 20.6% $240,627 ($226,927) $13,700 YTD 2013 $168,03

Please see Endnotes on page 3.

Mortgage Sale 

Agreements 8

Net Purchase 

(Sale) 

Agreements 9

PCs, REMICs an

Other Structured 

Securities

Purchases 

5 Sales 6 Liquidations Ending Balance

Annualized 

Growth 

Rate

Monthly Volume Summary: December 2013

(unaudited & subject to change)

(dollars in millions)

Purchases or 

Issuances 3 Sales 4 Liquidations

Net Increase/ 

(Decrease)

Ending 

Balance

Annualized Growth 

Rate 

Annualized 

Liquidation 

Rate

Annualized 

Liquidation Rate

Mortgage 

Purchase 

Agreements 7

December 2013 Highlights:►The total mortgage portfolio increased at an annualized rate of 0.4% i► Single-family refinance-loan purchase and guarantee volume was $1

total single-family mortgage portfolio purchases or issuances. Relief of our total single-family refinance volume during December 2013 ba

► Total number of loan modifications were 6,731 in December 2013 and 

2013.

► Multifamily new business activity was $3.7 billion in December 2013 a

December 31, 2013, which reflects the UPB of Freddie Mac's multifacommitments and issuances of other structured securities during the 

► The aggregate UPB of our mortgage-related investments portfolio de

December.

► Freddie Mac mortgage-related securities and other guarantee commi

2.3% in December.

► Our single-family seriously delinquent rate decreased from 2.43% in N

delinquency rate increased from 0.05% in November to 0.09% in Dec

► The measure of our exposure to changes in portfolio market value (P

Duration gap averaged 0 months.

► On September 6, 2008, the Director of the Federal Housing Finance A

Freddie Mac. 
TABLE 4 - FREDDIE MAC MORTGAGE-RELATED SECURITIES AND OTHER GUARANTEE COMMITMENTS 1, 10 TABLE 5 - OTHER DEBT ACTIVITIES 13

Original Maturity 

< 1 Year

Ending Balance 12

Annualized 

Growth Rate

Annualized 

Liquidation Rate Ending Balance Issuances

Maturities and 

Redemptions Repur

Dec 2012 $30,146 ($46,959) ($16,813) $1,585,495 (12.6%) 35.2% Dec 2012 $117,930 $10,204 ($23,733) 

 

Full-Year 2012 466,479 (526,732) (60,253) 1,585,495 (3.7 32.0% %) Full-Year 2012 117,930 164,746 (241,244) 

Jan 2013 43,379 (46,683) (3,304) 1,582,191 (2.5%) 35.3% Jan 2013 118,081 13,625 (23,961) 

 

Feb 44,001 (45,168) (1,167) 1,581,024 (0.9%) 34.3% Feb 116,193 7,075 (15,021) 

 

Mar 53,123 (41,375) 11,748 1,592,772 8.9% 31.4% Mar 124,325 9,600 (15,366) 

Apr 47,401 (41,900) 5,501 1,598,273 4.1% 31.6% Apr 124,244 9,339 (9,972) 

 

May 44,218 (41,348) 2,870 1,601,143 2.2% 31.0% May 133,774 5,436 (18,351) 

 

Jun 49,401 (41,879) 7,522 1,608,665 5.6% 31.4% Jun 136,030 12,372 (17,817) 

Jul 39,656 (38,232) 1,424 1,610,089 1.1% 28.5% Jul 143,621 11,343 (8,218) 

Aug 38,625 (35,540) 3,085 1,613,174 2.3% 26.5% Aug 139,506 7,418 (6,087) 

Sep 28,435 (28,751) (316) 1,612,858 (0.2%) 21.4% Sep 136,077 4,620 (14,267) 

Oct 25,143 (22,734) 2,409 1,615,267 1.8% 16.9% Oct 141,411 14,551 (16,117) 

Nov 24,764 (21,514) 3,250 1,618,517 2.4% 16.0% Nov 144,137 7,577 (16,344) 

Dec 22,620 (19,466) 3,154 1,621,671 2.3% 14.4% Dec 141,767 9,265 (13,617) 

 

YTD 2013 $460,766 ($424,590) $36,176 $1,621,671 2.3% 26.8% YTD 2013 $141,767 $112,221 ($175,138) 

TABLE 6 - DELINQUENCIES - TOTAL 14 TABLE 7 - OTHER INVESTMENTS 16

Dec 2012 2.66% 7.34% 3.25% 0.19% Dec 2012 $47,338 Dec 2012 $367 $215 $66 

Full-Year 2012 47,338 Full-Year 2012 198 -- 38 

Jan 2013 2.62% 7.21% 3.20% 0.18% Jan 2013 46,543 Jan 2013 262 -- 23 

Feb 2.58% 7.04% 3.15% 0.16% Feb 44,796 Feb 251 -- 23 

Mar 2.49% 6.74% 3.03% 0.16% Mar 51,596 Mar 293 269 11 

Apr 2.40% 6.42% 2.91% 0.09% Apr 57,637 Apr 275 -- 27 

May 2.35% 6.26% 2.85% 0.08% May 64,698 May 429 -- 28 

Jun 2.31% 6.12% 2.79% 0.09% Jun 51,398 Jun 365 356 12 

Jul 2.24% 5.90% 2.70% 0.06% Jul 64,536 Jul 237 -- 16 

Aug 2.25% 5.34% 2.64% 0.05% Aug 72,277 Aug 247 -- 16 

Sep 2.20% 5.20% 2.58% 0.05% Sep 70,896 Sep 186 225 43 

Oct 2.12% 5.04% 2.48% 0.06% Oct 88,648 Oct 146 -- 20 

Nov 2.07% 4.91% 2.43% 0.05% Nov 105,386 Nov 60 -- 20 

Dec 2.04% 4.83% 2.39% 0.09% Dec 77,150 Dec 56 89 17 

YTD 2013 $77,150 YTD 2013 $235 -- $21 

Please see Endnotes on page 3.

Single-Family 15 (PMVS-L) (50 bp) (PMVS-YC) (25 bp) 

Non-Credit 

Enhanced

Credit 

Enhanced Total Total Ending Balance

(dollars in millions) (dollars in millions) 

Monthly Average

Quarterly 

Average Monthly Average

Qua

Ave

TABLE 8 - INTEREST-RATE RISK SENSITIVITY DISCLOSURES 17

Portfolio Market Value- Portfolio Market Value

Multifamily Level Yield Curve

Issuances Liquidations 11

Net Increase/ 

(Decrease)

Original Matu
ENDNOTES

(1)(2)(3)(4)(5)(6)(7)(8)(9)(10)(11)(12)(13)(14)(15)(16)(17)

Represents the combined balance and activity of our other debt, including securities sold under agreements to repurchase and federal funds purchased, based on the par values of these liabilities. Single-family serious delinquency rate information is based on the number of loans that are three monthly payments or more past due or in the process of foreclosure as of period end while multifamily delinqmortgage loans that are two monthly payments or more past due or in the process of foreclosure as of period end. Mortgage loans that have been modified are not counted as seriously delinquent as long amonthly payments past due under the modified terms for single-family, and less than two monthly payments past due for multifamily. Delinquency rates presented in Table 6 include mortgage loans underlyin

exclude financial guarantees that are backed by either HFA bonds or Ginnie Mae Certificates. For HAMP or non-HAMP standard modifications, we include loans in the trial period as seriously delinquent in o

a temporary rise in our seriously delinquent rate until the modifications become effective and are removed from seriously delinquent status. The volume of effective modifications impacts our reported seriou

On a monthly basis, Freddie Mac publishes pool-level delinquency disclosures on its single-family PC and Giant PC securities on the company's Web site, www.FreddieMac.com/mbs. These monthly disclos

the loan count and associated aggregate UPB for mortgage loans that fall into one of four delinquency groups: 30-59 days delinquent, 60-89 days delinquent, 90-119 days delinquent, and 120 days or more ddisclosures include information about certain seriously delinquent loans purchased by Freddie Mac from each PC and Giant PC. Generally, we purchase these delinquent loans, and thereby extinguish the redebt payment date, unless the loans proceed to foreclosure transfer, complete a foreclosure alternative or are paid in full by the borrower before such date. As of December 31, 2013, there were approximat

were four monthly payments past due, and that met our criteria to allow for the purchase of delinquent mortgage loans out of PC pools.

Other Investments exclude amounts related to consolidated variable-interest entities. The balance includes cash and cash equivalents, federal funds sold and securities purchased under agreements to reseInvestments in non-mortgage-related securities are presented at fair value.Our primary interest-rate risk measures are PMVS and duration gap. These measures include the impact of our purchases and sales of derivative instruments, which we use to limit our exposure to changes 

measures are estimates of the amount of average potential pre-tax loss in the market value of our net assets due to parallel (PMVS-L) and non-parallel (PMVS-YC) movements in London Interbank Offered our PMVS and duration gap metrics are useful risk management tools, they should be understood as estimates rather than precise measurements. Methodologies employed to calculate interest-rate risk sechanged on a prospective basis to reflect improvements in the underlying estimation processes.The ending balance of Freddie Mac mortgage-related securities and other guarantee commitments (Table 4) differs from the balance of Freddie Mac mortgage-related securities in our quarterly report on Fobecause Table 4 includes other guarantee commitments described in Endnote 10.The activity and balances set forth in these tables represent UPB, and exclude interest-only loans, mortgage loans and mortgage-related securities traded, but not yet settled. For Freddie Mac mortgage-rela

security balances based on the monthly PC factor report. Freddie Mac mortgage-related securities include PCs, REMICs and Other Structured Securities, and Other Guarantee Transactions. Effective Januthe accounting standards for transfers of financial assets and consolidation of VIEs, which resulted in significant changes to our financial statements. However, the information in this monthly volume summathose changes.Total mortgage portfolio (Table 1) is defined as Freddie Mac mortgage-related securities and other guarantee commitments (Table 4) plus the sum of mortgage loans (Table 3) and non-Freddie Mac mortgaagency) (Table 3). Includes cash purchases of single-family and multifamily mortgage loans, issuances of Freddie Mac mortgage-related securities through our guarantor swap program, issuances of other guarantee commitm

securities and purchases of non-Freddie Mac mortgage-related securities. Includes sales of non-Freddie Mac mortgage-related securities and sales of multifamily mortgage loans.

Includes cash purchases of single-family and multifamily mortgage loans, purchases of Freddie Mac and non-Freddie Mac mortgage-related securities, and additions for seriously delinquent, modified, and b

out of PC pools. Purchases of Freddie Mac mortgage-related securities into the mortgage-related investments portfolio totaled $1,734 million (based on UPB) during December 2013.Includes sales of Freddie Mac mortgage-related securities (including sales to third parties from the securitization of previously purchased single-family and multifamily mortgage loans), sales of non-Freddie M

sales of multifamily mortgage loans. Mortgage purchase agreements reflect trades entered into during the month and include: (a) monthly commitments to purchase mortgage-related securities for our mortgage-related investments portfolio, an

loan purchase agreements entered into during the month. Our purchase commitments may settle during the same month in which we have entered into the related commitment.

Mortgage sale agreements reflect trades entered into during the month and include: (a) monthly commitments to sell mortgage-related securities from our mortgage-related investments portfolio, and (b) the 

agreements entered into during the month. Our sales commitments may settle during the same month in which we have entered into the related commitment. 

As of December 31, 2013, we had net unsettled purchase (sale) agreements of approximately $4,543 million. The ending balance of our mortgage-related investments portfolio as of December 31, 2013 aftagreements and assuming we did not enter into any other purchase (sale) agreements after December 31, 2013 would have been $466 billion.

Includes other guarantee commitments, which consist of tax-exempt multifamily housing revenue bonds, HFA bonds, and credit-related commitments with respect to single-family mortgage loans. Excludes balances of interest-only strips are excluded because this table is based on UPB.Represents principal repayments relating to loans underlying Freddie Mac mortgage-related securities and other guarantee commitments. Also includes our purchases of seriously delinquent, modified and bpools.

A glossary of selected Monthly Volume Summary terms is available on the Investor Relations page of our website, www.FreddieMac.com/investors.

The Monthly Volume Summary includes volume and statistical data pertaining to our portfolios. Inquiries should be addressed to our Investor Relations Department, which can be reached by calling (571) 382-4732 or writing 

1551 Park Run Drive, MS D5F,

McLean, VA 22102-3110

or sending an email to shareholder@freddiemac.com.