TABLE 1 - TOTAL MORTGAGE PORTFOLIO

Jan 2015 $25,310 ($1,481) ($25,141) ($1,312) $1,908,794 ( 15.8% 0.8%)

Feb 34,104 (1,913) (27,744) 4,447 1,913,241 2.8% 17.4%Mar 31,406 (1,906) (28,039) 1,461 1,914,702 0.9% 17.6%Apr 36,480 (1,556) (33,661) 1,263 1,915,965 0.8% 21.1%May 37,375 (3,856) (30,022) 3,497 1,919,462 2.2% 18.8%Jun 41,300 (1,654) (35,132) 4,514 1,923,976 2.8% 22.0%Jul 41,152 (2,494) (37,365) 1,293 1,925,269 0.8% 23.3%Aug 32,683 (2,967) (28,679) 1,037 1,926,306 0.6% 17.9%Sep 33,263 (1,816) (26,432) 5,015 1,931,321 3.1% 16.5%Oct 28,372 (1,604) (25,559) 1,209 1,932,530 0.8% 15.9%Nov 26,537 (2,126) (25,040) (629) 1,931,901 (0.4%) 15.5%Dec 34,028 (1,072) (23,270) 9,686 1,941,587 6.0% 14.5%Full-Year 2015 402,010 (24,445) (346,084) 31,481 1,941,587 1.6% 18.1%Jan 2016 28,965 (218) (26,225) 2,522 1,944,109 1.6% 16.2%YTD 2016 $28,965 ($218) ($26,225) $2,522 $1,944,109 1.6% 16.2%TABLE 2 - MORTGAGE-RELATED INVESTMENTS PORTFOLIO TABLE 3 - MORTGAGE-RELATED INVESTMENTS PORTFOLIO COMPON

Agency Non-Age

Jan 2015 $14,210 ($9,722) ($5,501) $407,401 (3.0%) 16.2% Jan 2015 $163,447 $15,964 $6

Feb 15,339 (13,851) (4,717) 404,172 (9.5%) 13.9% Feb 161,545 15,952 6

Mar 21,480 (14,732) (5,328) 405,592 4.2% 15.8% Mar 164,501 15,877 5

Apr 19,548 (19,867) (5,928) 399,345 (18.5%) 17.5% Apr 162,786 15,489 5

May 19,861 (23,935) (5,742) 389,529 (29.5%) 17.3% May 158,514 14,824 5

Jun 22,689 (23,109) (6,577) 382,532 (21.6%) 20.3% Jun 154,494 14,611 5

Jul 19,580 (22,510) (6,644) 372,958 (30.0%) 20.8% Jul 151,829 14,320 4

Aug 20,092 (17,376) (5,804) 369,870 (9.9%) 18.7% Aug 153,480 14,180 4

Sep 20,593 (17,333) (5,985) 367,145 (8.8%) 19.4% Sep 155,027 14,075 4

Oct 16,690 (22,718) (5,547) 355,570 (37.8%) 18.1% Oct 152,281 13,752 4

Nov 15,133 (20,699) (5,031) 344,973 (35.8%) 17.0% Nov 148,713 13,290 4

Dec 25,041 (18,017) (5,086) 346,911 6.7% 17.7% Dec 147,824 12,970 4

Full-Year 2015 230,256 (223,869) (67,890) 346,911 (15.1%) 16.6% Full-Year 2015 147,824 12,970 4

 

Jan 2016 20,835 (11,577) (6,545) 349,624 9.4% 22.6% Jan 2016 150,092 12,807 3

YTD 2016 $20,835 ($11,577) ($6,545) $349,624 9.4% 22.6% YTD 2016 $150,092 $12,807 $3

Monthly Volume Summary: January 2016

(unaudited & subject to change)

(dollars in millions)

Liquidations

Net Increase/ 

(Decrease)

Purchases or 

Issuances Sales Ending Balance

Annualized Growth 

Rate 

Annualized 

Liquidation 

Rate

Purchases1 Sales Ending Balance 2

Annualized 

Liquidations Liquidation Rate

Annualized Growth 

Rate 

Freddie Mac 

Mortgage-Related 

Securities

Non-Freddie Mac Mortgage-Rel

Securities

January 2016 Highlights:► The total mortgage portfolio increased at an annualized rate of 1.6% in January► Single-family refinance-loan purchase and guarantee volume was $11.9 billion 

53% of total single-family mortgage portfolio purchases or issuances. Relief reapproximately 9% of our total single-family refinance volume during January. 

► Total number of loan modifications was 3,474 in January.► The aggregate unpaid principal balance (UPB) of our mortgage-related investm

approximately $2.7 billion in January.

► Freddie Mac mortgage-related securities and other mortgage-related guarantee

of 1.4% in January.

► Our single-family serious delinquency rate increased from 1.32% in December 

Our multifamily delinquency rate increased from 0.02% in December to 0.04% 

► The measure of our exposure to changes in portfolio market value (PMVS-L) av

Duration gap averaged 0 months.

► On September 6, 2008, the Director of the Federal Housing Finance Agency (F

Conservator of Freddie Mac. 

See Endnotes and Additional Information on Pages 2 and 3. 
TABLE 4 - FREDDIE MAC MORTGAGE-RELATED SECURITIES AND OTHER MORTGAGE-RELATED GUARANTEES TABLE 5 - OTHER DEBT ACTIVITIES 

Original Maturity < 1 

Year

Ending Balance 

Annualized Growth 

Rate

Annualized 

Liquidation Rate Ending Balance Issuances

Maturities 

Redempt

Jan 2015 $24,235 ($22,628) $1,607 $1,664,840 1.2% 16.3% Jan 2015 $123,290 $20,481 ($

Feb 31,430 (25,656) 5,774 1,670,614 4.2% 18.5% Feb 109,350 10,322 

Mar 28,602 (25,605) 2,997 1,673,611 2.2% 18.4% Mar 116,389 10,110 

Apr 36,640 (30,845) 5,795 1,679,406 4.2% 22.1% Apr 105,213 12,300 (1

May 36,186 (27,145) 9,041 1,688,447 6.5% 19.4% May 96,988 18,913 (1

Jun 38,791 (31,300) 7,491 1,695,938 5.3% 22.2% Jun 93,149 17,577 (2

Jul 41,689 (33,488) 8,201 1,704,139 5.8% 23.7% Jul 94,870 8,223 (1

Aug 31,288 (25,512) 5,776 1,709,915 4.1% 18.0% Aug 98,853 6,927 

Sep 32,302 (23,015) 9,287 1,719,202 6.5% 16.2% Sep 112,329 14,210 (2

Oct 32,564 (22,526) 10,038 1,729,240 7.0% 15.7% Oct 105,927 21,914 (2

Nov 28,947 (22,547) 6,400 1,735,640 4.4% 15.6% Nov 99,133 12,201 (1

Dec 27,317 (20,458) 6,859 1,742,499 4.7% 14.1% Dec 113,633 15,405 

 

Full-Year 2015 389,991 (310,725) 79,266 1,742,499 4.8% 18.7% Full-Year 2015 113,633 168,583 (18

 

Jan 2016 24,212 (22,137) 2,075 1,744,574 1.4% 15.2% Jan 2016 106,395 7,810 

YTD 2016 $24,212 ($22,137) $2,075 $1,744,574 1.4% 15.2% YTD 2016 $106,395 $7,810 ($

TABLE 6 - DELINQUENCIES - TOTAL TABLE 7 - OTHER INVESTMENTS 

Multifamily

Jan 2015 1.73% 3.03% 1.21% 1.86% 0.03% Jan 2015 $55,115 Jan 2015 $122 -- 

Feb 1.71% 2.93% 1.06% 1.81% 0.03% Feb 48,166 Feb 146 -- 

Mar 1.62% 2.79% 0.96% 1.73% 0.03% Mar 52,387 Mar 105 123 

Apr 1.59% 2.67% 0.83% 1.66% 0.03% Apr 43,972 Apr 90 -- 

May 1.50% 2.58% 0.82% 1.58% 0.01% May 47,174 May 78 -- 

Jun 1.48% 2.46% 0.73% 1.53% 0.01% Jun 42,541 Jun 123 98 

Jul 1.43% 2.36% 0.72% 1.48% 0.01% Jul 45,437 Jul 80 -- 

Aug 1.40% 2.32% 0.72% 1.45% 0.02% Aug 50,339 Aug 75 -- 

Sep 1.36% 2.26% 0.67% 1.41% 0.01% Sep 44,054 Sep 61 72 

Oct 1.33% 2.20% 0.67% 1.38% 0.03% Oct 47,395 Oct 69 -- 

Nov 1.32% 2.18% 0.61% 1.36% 0.03% Nov 45,033 Nov 74 -- 

Dec 1.30% 2.06% 0.58% 1.32% 0.02% Dec 71,543 Dec 62 68 

Full-Year 2015 71,543 Full-Year 2015 90 -- 

Jan 2016 1.33% 2.05% 0.54% 1.33% 0.04% Jan 2016 59,133 Jan 2016 37 -- 

YTD 2016 $59,133 YTD 2016 $37 -- 

ENDNOTES

(1)(2)

Total

Purchases of Freddie Mac mortgage-related securities into the mortgage-related investments portfolio totaled $4.4 billion (based on UPB) during January 2016.

As of January 31, 2016, we had net unsettled purchase (sale) agreements of approximately $3.1 billion. The ending balance of our mortgage-related investments portfolio as of January 31, 2016 a

would have been $353 billion.

Total

Non-Credit 

Enhanced

Primary 

Mortgage 

Insurance Other 

(dollars in millions)

Monthly Av

(d

Single-Family 

Credit Enhanced

TABLE 8 - INTEREST-RATE RISK SENSITIVITY DISCLOSURES 

(P

Issuances Liquidations 

Net Increase/ 

(Decrease)

Ending Balance

Level

Portfolio Market Value-

(PMVS-L) (50 bp)

Port

Quarterly 

Monthly Average Average

Origin

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 w

1551 Park Run Drive, MS D5F,

McLean, VA 22102-3110

or sending an email to shareholder@freddiemac.com.

See Additional Information on Page 3. 
GeneralADDITIONAL INFORMATIONReflects Freddie Mac's single-family and multifamily delinquency rates, which are considered mortgage credit performance metrics. 

Single-Family Serious Delinquency Rate information is based on the number of mortgage loans that are three monthly payments or more past due or in the process of foreclosure.

The activity and balances set forth in Tables 1, 2, 3, 4 and 7 represent unpaid principal balances (UPB), and do not include market valuation adjustments, allowance for loan losses and security impairmimpact of consolidation of variable interest entities. In addition, all activity and balances in these tables are presented on a settlement date basis (i.e., exclude amounts that are traded but not yet settled

Represents the sum of Freddie Mac mortgage-related securities and other mortgage-related guarantees (Table 4), mortgage loans (Table 3), non-Freddie Mac mortgage-related securities (agency and 

unguaranteed Freddie Mac mortgage-related securities retained by us associated with a credit risk transfer transaction.

Purchases or Issuances. Includes cash purchases of single-family and multifamily mortgage loans, issuances of Freddie Mac mortgage-related securities through our guarantor swap program, is

issuances of other securitization products and purchases of non-Freddie Mac mortgage-related securities. 

Sales. Includes sales of non-Freddie Mac mortgage-related securities, sales of unguaranteed Freddie Mac mortgage-related securities and sales of mortgage loans. 

Represents mortgage loans and mortgage-related securities held by Freddie Mac. Mortgage-related securities balances reflect security balances and not the balance of underlying mortgage loan collate

Purchases. Includes cash purchases of single-family and multifamily mortgage loans, purchases of Freddie Mac and non-Freddie Mac mortgage-related securities from third parties, and additions 

mortgage loans purchased out of PC pools. Sales. Includes sales of Freddie Mac mortgage-related securities (including sales to third parties from the securitization of single-family and multifamily mortgage loans), sales of non-Freddie Mac m

loans. Liquidations. Represents the total amount of prepayments, curtailments, payoffs, foreclosures, or other repayments of principal on loans and securities.

Table 5

Table 3Table 2Table 1Table 6PMVS and Duration Gap are our primary interest-rate risk measures. These measures include the impact of our purchases and sales of derivative instruments, which we use to limit our exposure to chOur PMVS measures are estimates of the amount of average potential pre-tax loss in the market value of our financial assets and liabilities due to parallel (PMVS-L) and non-parallel (PMVS-YC) changeWhile we believe that our PMVS and duration gap metrics are useful risk management tools, they should be understood as estimates rather than precise measurements. Methodologies employed to ca

periodically changed on a prospective basis to reflect improvements in the underlying estimation processes.Presents the ending balances of the mortgage-related investments portfolio's four primary components. 

Freddie Mac mortgage-related securities. Securities we issue and guarantee that are backed by mortgages.Issuances. Consists of: (a) guaranteed securities issued by Freddie Mac where the underlying collateral are mortgage loans or mortgage-backed securities; and (b) other mortgage-related guaranthird parties for which we provide our guarantee without securitization of those assets. Other mortgage-related guarantees include tax-exempt multifamily housing revenue bonds, HFA bonds, and family mortgage loans. Excludes any resecuritization activity involving Freddie Mac mortgage-related securities. Notional balances of interest-only strips are excluded because this table is based oLiquidations. Represents principal repayments relating to guaranteed Freddie Mac mortgage-related securities and other mortgage-related guarantees. Also includes our purchases of seriously d

loans out of PC pools.

Represents the balance and activity of our other debt, based on par values. Includes Reference Bills® securities, discount notes, medium-term notes, securities sold under agreements to repurchase an

securities, Structured Agency Credit Risk (STACR) debt notes, and subordinated debt. For more information about Freddie Mac's debt activity, please visit www.freddiemac.com/debt.

Multifamily Delinquency Rate information is based on the UPB of mortgage loans that are two monthly payments or more past due or in the process of foreclosure.

Single-Family Credit Enhanced Other. Consists of Freddie Mac single-family mortgage loans covered by financial arrangements (other than primary mortgage insurance) that are designed to redreference pools covered by STACR debt note transactions as well as other forms of credit protection. STACR debt note transactions transfer a portion of credit risk on certain groups of loans from 

these transactions to us is dependent on various economic scenarios, and we will primarily benefit from these transactions if we experience significant mortgage loan defaults. The credit enhanced loan may be included in both the Primary Mortgage Insurance category and the Other category.

Mortgage loans that have been modified are not counted as seriously delinquent as long as the borrower is less than three monthly payments past due under the modified terms for single-family, and lesmultifamily.Table 4

Table 8Table 7Delinquency rates exclude financial guarantees that are backed by either HFA bonds or Ginnie Mae Certificates. For HAMP or non-HAMP modifications, we include loans in a trial period as seriously deReflects balances of cash and cash equivalents, federal funds sold and securities purchased under agreements to resell, and non-mortgage-related securities.