---
schema_version: "secwatch.filing_event.v1"
accession: "0001026214-24-000026"
form_type: "8-K"
ticker: "FMCC"
cik: "0001026214"
company_name: "FEDERAL HOME LOAN MORTGAGE CORP"
filed_at: "2024-02-14T23:59:59+00:00"
generated_at: "2026-06-06T01:55:32.255707+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Freddie Mac Q4 net income $2.9B, up 65% YoY; full-year $10.5B, up 13%

## Summary
- Net income of $2.9B for Q4 2023, up 65% YoY; full-year 2023 net income $10.5B, up 13% YoY.
- Net revenues $5.4B, up 11% YoY, driven by higher net interest income and non-interest income.
- Benefit for credit losses $0.5B in Q4 vs. provision of $0.6B in Q4 2022, due to house price improvements.
- Single-Family net income $2.7B, up 80% YoY; Multifamily net income $0.3B, down 10% YoY.
- Net worth increased to $47.7B; total mortgage portfolio $3.5T, up 2% YoY.

## SEC filing metadata
- accession: 0001026214-24-000026
- form_type: 8-K
- ticker: FMCC
- cik: 0001026214
- company_name: FEDERAL HOME LOAN MORTGAGE CORP
- filed_at: 2024-02-14T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1026214/000102621424000026/0001026214-24-000026-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1026214/000102621424000026/fmcc-20240214.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001026214-24-000026
- JSON: https://secwatch.observer/filing/0001026214-24-000026.json
- Plain text: https://secwatch.observer/filing/0001026214-24-000026.txt

## Key facts
- Earnings Releases
  FEDERAL HOME LOAN MORTGAGE CORP reported the fourth quarter and full-year ended December 31, 2023 results: revenue $5.4 billion, net income $2.9 billion.
  - Period: the fourth quarter and full-year ended December 31, 2023
  - Revenue: $5.4 billion
  - Net income: $2.9 billion
  - Result: reported results
  source text: and a credit reserve release in Single-Family in the fourth quarter of 2023 compared to a credit reserve build in Single-Family in the fourth quarter of 2022. • Net revenues of $5.4 billion, an increase of 11% year-over-year, driven by higher net interest income and non-interest income. • Benefit for credit losses of $0.5 billion, primarily driven by a credit
  evidence_url: https://www.sec.gov/Archives/edgar/data/1026214/000102621424000026/0001026214-24-000026-index.htm

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