FEDERAL HOME LOAN MORTGAGE CORP SEC Filings

Freddie Mac reported strong results for the quarter ended June 30, 2026. Net income was $3.8 billion, up 61% from 2Q 2025, as net revenues edged up to $6.0 billion. Net interest income rose 13% to $6.0 billion, while non-interest activities produced a small loss. A $880 million benefit for credit losses, driven by a credit reserve release tied to updated house price scenarios, was a major earnings driver. Net worth increased to $77.8 billion, compared with $64.8 billion a year earlier; this growth also raises the senior preferred stock liquidation preference to $146.6 billion, scheduled to reach $150.4 billion on September 30, 2026.

The company provided $128 billion of liquidity in 2Q 2026, financing about 439,000 home purchases, refinancings, and rental units. The total mortgage portfolio reached $3.7 trillion, up 2% year-over-year, including a $3.2 trillion Single-Family portfolio and a $505 billion Multifamily portfolio. Single-Family net income was $3.3 billion, up 57%, supported by portfolio growth and lower hedge-accounting expense. Multifamily net income was $0.6 billion, up 90%, as the business shifted toward fully guaranteed securitizations and higher average guarantee fees; 66% of year-to-date new Multifamily business by UPB was mission-driven affordable housing.

Credit quality remained generally strong but showed some pressure. The allowance for credit losses stood at $7.2 billion, with an overall allowance-to-loans ratio of 0.20%. The Single-Family serious delinquency rate increased to 0.60%, and the Multifamily delinquency rate rose to 0.51%. Credit enhancements covered 61% of the Single-Family portfolio and most delinquent Multifamily loans. Despite higher earnings and equity, regulatory capital under the Enterprise Regulatory Capital Framework remained far below required levels: adjusted total capital was $0.477 billion versus a $161 billion requirement, and Common Equity Tier 1 capital was a negative $13.6 billion. Freddie Mac continues to operate in FHFA conservatorship and relies on the Treasury Purchase Agreement, which provides a remaining funding commitment of $140.2 billion.

Freddie Mac has launched a fixed-price cash tender offer to buy any and all of seven outstanding STACR® (Structured Agency Credit Risk) Note classes from existing holders. The offer began on May 4, 2026 and is scheduled to expire at 5 p.m. New York City time on May 8, 2026, unless extended or terminated earlier.

Each note class has a stated original principal amount and a per‑$1,000 tender price. For example, the STACR 2020‑DNA6 B‑1 notes have an original principal amount of $139,000,000 with consideration of $1,077.50 per $1,000, while the STACR 2022‑DNA4 M‑1B notes have an original principal amount of $537,000,000 and consideration of $1,026.72 per $1,000.

Holders whose notes are accepted will also receive accrued and unpaid interest to, but not including, the expected settlement date of May 12, 2026. Notes tendered via guaranteed delivery and accepted are expected to be purchased on May 13, 2026. Freddie Mac has appointed BofA Securities and Citigroup as lead dealer managers and CastleOak Securities as co‑dealer manager, with Global Bondholder Services acting as information and tender agent.

Freddie Mac reported strong first-quarter 2026 results, with net income of $3.6 billion, up 27% from first-quarter 2025. Net revenues were $6.1 billion, rising 5% year-over-year, as net interest income increased to $5.6 billion, driven by Single-Family portfolio growth and more fully guaranteed Multifamily securitizations.

The company provided $116 billion of liquidity to the housing market, helping 380,000 households buy, refinance, or rent a home. Single-Family net income was $3.0 billion, up 32% year-over-year, while Multifamily net income reached $0.6 billion, up 9%. Overall net worth grew to $73.9 billion at March 31, 2026.

Freddie Mac reported stronger first‑quarter 2026 results, with net income of $3.6 billion, up 27% from $2.8 billion a year earlier. Net revenues rose to $6.1 billion, a 5% increase, as net interest income grew 10% to $5.6 billion, helped by larger mortgage and investments portfolios and better hedge-accounting impacts. A $320 million benefit for credit losses, driven by Single‑Family reserve releases tied to higher house‑price growth forecasts, contrasted with a provision in 1Q 2025.

Non‑interest income fell 31% to $514 million on lower guarantee income and investment gains, partly reflecting a shift in the Multifamily strategy toward fully guaranteed securitizations. Non‑interest expense declined 3%, aided by lower salaries and credit enhancement costs. Freddie Mac provided $116 billion of liquidity in 1Q 2026, financing about 380,000 home purchases, refinancings, and rental units. The mortgage portfolio reached $3.7 trillion, including $3.2 trillion Single‑Family and $498 billion Multifamily, both growing year over year.

Net worth increased to $73.9 billion at March 31, 2026, up from $62.4 billion a year earlier, while the liquidation preference of Treasury’s senior preferred stock stood at $143.0 billion and is scheduled to rise to $146.6 billion. The company remains in FHFA conservatorship with a substantial capital shortfall under the Enterprise Regulatory Capital Framework, even as credit quality metrics stay relatively stable, with a 0.60% Single‑Family serious delinquency rate and a 0.43% Multifamily delinquency rate.

Freddie Mac filed an 8-K to report fourth quarter and full-year 2025 results. For Q4 2025, it earned net income of $2.8 billion, down 14% year-over-year, on net revenues of $5.8 billion, down 9% as lower non-interest income outweighed higher net interest income.

For full-year 2025, Freddie Mac reported net income of $10.7 billion, down 10% from 2024, on net revenues of $23.3 billion, down 3%. Net interest income rose 8% to $21.4 billion, while non-interest income fell 55% to $1.9 billion due to a shift from investment gains to losses and higher credit loss provisions of $1.3 billion.

The company’s total mortgage portfolio reached $3.7 trillion as of December 31, 2025, and net worth increased to $70.4 billion. In 2025, Freddie Mac made home possible for about 1.7 million households by financing 1.1 million mortgages and 617,000 rental units, with a majority of both segments affordable to low- and moderate-income families.

Federal Home Loan Mortgage Corporation (Freddie Mac) reported 2025 net income of $10.7 billion, down 10% from 2024, as lower non-interest income and a higher provision for credit losses offset stronger net interest income. Net revenues were $23.3 billion, a 3% decline year-over-year, while net worth rose to $70.4 billion from $59.6 billion, reflecting continued capital build under conservatorship constraints.

The total mortgage portfolio reached $3.7 trillion, up 2%, including $3.2 trillion in Single-Family and $496 billion in Multifamily balances. In 2025, Freddie Mac supplied $465 billion of liquidity, financing 1.7 million home purchases, refinancings, and rental units, while remaining reliant on U.S. Treasury support and subject to FHFA-directed limits on business activities, capital, and exit from conservatorship.

This Form 3 reports that Kenny M. Smith is an officer of Federal Home Loan Mortgage Corp, serving as CEO. The filing date of the reportable event is 12/17/2025. According to the filing, the reporting person beneficially owns no non-derivative securities of the company, with Table I showing "No Securities Owned" and an amount of 0 held directly. Table II shows no derivative securities reported, such as options or warrants.

Freddie Mac reported results of operations for the quarter ended September 30, 2025 and furnished supporting materials. The company submitted a press release as Exhibit 99.1 and a Financial Results Supplement as Exhibit 99.2.

Exhibit 99.1 is deemed “filed” under Section 18 of the Exchange Act, while Exhibit 99.2 is being “furnished” and is not deemed filed or subject to Section 18, nor incorporated by reference except as expressly stated. The filing date is October 30, 2025.

Freddie Mac reported third‑quarter results reflecting stable core earnings with softer non‑interest performance. Net income was $2.8 billion, down 11% year over year, as a credit reserve build replaced last year’s release. Net revenues were $5.7 billion, down 2%, with higher net interest income offset by lower non‑interest income.

Net interest income rose 9% to $5.5 billion, driven by continued mortgage portfolio growth and lower hedge‑related expense. Non‑interest income fell 66% to $284 million on investment losses and less favorable fair value changes. Provision for credit losses was $175 million versus a $191 million benefit a year ago, reflecting new single‑family acquisitions and updated house‑price forecasts.

Net worth reached $67.6 billion as of September 30, 2025. The senior preferred stock liquidation preference was $137.5 billion and is scheduled to increase to $140.2 billion on December 31, 2025 based on the quarterly net worth increase. Freddie Mac provided $124 billion in market liquidity in 3Q 2025, supporting approximately 483,000 home purchases, refinancings, and rental units. The mortgage portfolio was $3.6 trillion (Single‑Family $3.1 trillion; Multifamily $480 billion). Credit enhancement coverage stood at 62% of Single‑Family and 90% of Multifamily.