---
schema_version: "secwatch.filing_event.v1"
accession: "0001026214-23-000076"
form_type: "8-K"
ticker: "FMCC"
cik: "0001026214"
company_name: "FEDERAL HOME LOAN MORTGAGE CORP"
filed_at: "2023-08-02T23:59:59+00:00"
generated_at: "2026-06-12T11:03:10.321725+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Freddie Mac Q2 net income $2.9B, up 20% YoY; credit benefit drives earnings

## Summary
- Net income $2.9B ($2,944M) vs $2.5B YoY; comprehensive income $2.9B.
- Single-Family net income $2.4B (benefit for credit losses $0.6B); Multifamily net income $0.6B (+98% YoY).
- Net revenues $5.3B (down 1% YoY); net interest income $4.5B (down 5%).
- New business activity $83B (down 40%); serious delinquency rate 0.56% (down from 0.76%).
- Mortgage portfolio $3.4T (up 3%); net worth $42.0B.

## SEC filing metadata
- accession: 0001026214-23-000076
- form_type: 8-K
- ticker: FMCC
- cik: 0001026214
- company_name: FEDERAL HOME LOAN MORTGAGE CORP
- filed_at: 2023-08-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1026214/000102621423000076/0001026214-23-000076-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1026214/000102621423000076/fmcc-20230802.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001026214-23-000076
- JSON: https://secwatch.observer/filing/0001026214-23-000076.json
- Plain text: https://secwatch.observer/filing/0001026214-23-000076.txt

## Key facts
- Earnings Releases
  FEDERAL HOME LOAN MORTGAGE CORP reported the quarter ended June 30, 2023 results: revenue $5.3 billion, net income $2.9 billion.
  - Period: the quarter ended June 30, 2023
  - Revenue: $5.3 billion
  - Net income: $2.9 billion
  - Result: reported results
  source text: Consolidated • Net income of $2.9 billion, an increase of 20% year-over-year, with the increase primarily driven by a credit reserve release in Single-Family • Net revenues of $5.3 billion, a decrease of 1% year-over-year, as lower net interest income was partially offset by an increase in non-interest income • Benefit for credit losses of $0.5 billion, primarily
  evidence_url: https://www.sec.gov/Archives/edgar/data/1026214/000102621423000076/0001026214-23-000076-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.