{"schema_version":"secwatch.filing_event.v1","accession":"0001026214-22-000151","form_type":"8-K","ticker":"FMCC","cik":"0001026214","company_name":"FEDERAL HOME LOAN MORTGAGE CORP","filed_at":"2022-11-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:49.286758+00:00","generated_at":"2026-06-22T02:39:10.773546+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Freddie Mac Q3 net income $1.3B, down 55% YoY; credit reserve build of $1.8B","bullets":["Net income of $1.3B, down 55% YoY from $2.9B; net revenues $5.2B, down 1%.","Provision for credit losses of $1.8B vs benefit of $0.2B in Q3 2021, driven by deteriorating housing market.","Single-Family net income $0.8B (down 58% YoY); Multifamily net income $0.5B (down 47% YoY).","New business activity $121B, down 60% YoY as refinance volume plunged; serious delinquency rate fell to 0.67% from 1.46%.","Helped 542,000 households (392,000 single-family homes + 150,000 rental units); 56% of eligible loans affordable to low/moderate income."],"urls":{"canonical":"https://secwatch.observer/filing/0001026214-22-000151","json":"https://secwatch.observer/filing/0001026214-22-000151.json","markdown":"https://secwatch.observer/filing/0001026214-22-000151.md","text":"https://secwatch.observer/filing/0001026214-22-000151.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1026214/000102621422000151/0001026214-22-000151-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1026214/000102621422000151/fmcc-20221108.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T02:39:10.773546+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1d608b17b9a359d1f2c663decd3f3dd86f885350","claim":"FEDERAL HOME LOAN MORTGAGE CORP reported the quarter ended September 30, 2022 results: revenue $5.2 billion, net income $1.3 billion.","evidence_excerpt":"McLean, VA — Freddie Mac (OTCQB: FMCC) today reported net income of $1.3 billion for the third quarter of 2022, a decrease of 55% year-over-year, primarily driven by a credit reserve build in Single-Family. Net revenues were $5.2 billion, down 1% year-over-year,","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1026214/000102621422000151/0001026214-22-000151-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended September 30, 2022"},{"label":"Revenue","value":"$5.2 billion"},{"label":"Net income","value":"$1.3 billion"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}