secwatch.observer — SEC 8-K summary
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Issuer:     FEDERAL HOME LOAN MORTGAGE CORP (FMCC)
CIK:        0001026214
Form:       8-K
Filed at:   2024-12-26T23:59:59+00:00
Accession:  0001026214-24-000112
Event type: regulatory
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

FHFA releases 2025 Scorecard setting Freddie Mac performance targets and executive comp metrics
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- Two 50% categories: promote affordable housing and operate safely; compensation for named executives (excl. CEO) is tied to Scorecard results.
- One-half of at-risk deferred salary (15% of target total direct compensation) subject to reduction based on FHFA's assessment.
- Multifamily purchase volume capped at $73 billion per enterprise ($146B combined); minimum 50% of purchases must be mission-driven loans.
- Scorecard includes objectives on affordability, supply, efficiency, climate resiliency, risk management, and credit risk transfer.
- FHFA will assess performance using criteria including safety and soundness, capital adequacy, liquidity, and alignment with conservatorship priorities.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1026214/000102621424000112/0001026214-24-000112-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1026214/000102621424000112/fmcc-20241220.htm
  HTML page:      https://secwatch.observer/filing/0001026214-24-000112

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