{"schema_version":"secwatch.filing_event.v1","accession":"0001026214-23-000045","form_type":"8-K","ticker":"FMCC","cik":"0001026214","company_name":"FEDERAL HOME LOAN MORTGAGE CORP","filed_at":"2023-05-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.674818+00:00","generated_at":"2026-06-15T23:56:10.874282+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Freddie Mac Q1 net income $2.0B down 47% YoY; credit reserve build vs prior year benefit","bullets":["Net income $2.0B, down 47% YoY from $3.8B; provision for credit losses $0.4B vs benefit of $0.8B in prior year.","Net revenues $4.8B, down 17% YoY; net interest income up 10% to $4.5B, non-interest income fell 81% to $0.3B.","Single-Family net income $1.7B (-51%); new business activity $59B, down 72% YoY as higher rates cut purchase and refinance.","Multifamily net income $0.3B (-18%); financed 60,000 rental units, 89% affordable to low/moderate-income families.","Mortgage portfolio $3.4T, up 4% YoY; serious delinquency rate 0.62%, down from 0.92% prior year."],"urls":{"canonical":"https://secwatch.observer/filing/0001026214-23-000045","json":"https://secwatch.observer/filing/0001026214-23-000045.json","markdown":"https://secwatch.observer/filing/0001026214-23-000045.md","text":"https://secwatch.observer/filing/0001026214-23-000045.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1026214/000102621423000045/0001026214-23-000045-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1026214/000102621423000045/fmcc-20230503.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T23:56:10.874282+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":"2293c1d4fa6a6b381495835d10bc0061d265e7d9","claim":"FEDERAL HOME LOAN MORTGAGE CORP reported financial results for the quarter ended March 31, 2023.","evidence_excerpt":"On May 3, 2023, Freddie Mac (formally known as the Federal Home Loan Mortgage Corporation) announced its results of operations for the quarter ended March 31, 2023. A copy of the related press release for the quarter ended March 31, 2023 is being filed as Exhibit 99.1 to this report and is incorporated herein by reference.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1026214/000102621423000045/0001026214-23-000045-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2023"},{"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"}