secwatch.observer — SEC 8-K summary
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Issuer:     FEDERAL HOME LOAN MORTGAGE CORP (FMCC)
CIK:        0001026214
Form:       8-K
Filed at:   2023-02-22T23:59:59+00:00
Accession:  0001026214-23-000038
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Freddie Mac Q4 net income $1.8B (-36% YoY); full-year $9.3B (-23% YoY)
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- Net revenues $4.8B (-13% YoY); provision for credit losses $0.6B vs $0.1B in Q4 2021.
- Single-Family net income $1.5B (-33% YoY); Multifamily net income $0.3B (-48% YoY).
- Net worth $37.0B; total mortgage portfolio $3.4T (+6% YoY).
- Financed 1.8M mortgages and 693K rental units in 2022; 444K first-time homebuyers.
- Serious delinquency rate 0.66% (down from 1.12% at Dec 2021); credit enhancement coverage 61%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1026214/000102621423000038/0001026214-23-000038-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1026214/000102621423000038/fmcc-20230222.htm
  HTML page:      https://secwatch.observer/filing/0001026214-23-000038

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer