secwatch.observer — SEC 8-K summary
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Issuer:     FEDERAL HOME LOAN MORTGAGE CORP (FMCC)
CIK:        0001026214
Form:       8-K
Filed at:   2025-05-01T23:59:59+00:00
Accession:  0001026214-25-000061
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Freddie Mac Q1 net income $2.8B, up 1% YoY; multifamily net income falls 35%
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- Net income of $2.8B, up 1% YoY; net revenues of $5.9B, up 2% YoY.
- Single-Family net income $2.3B (+16% YoY); Multifamily net income $0.5B (-35% YoY) on lower non-interest income.
- Provision for credit losses $0.3B, driven by Single-Family credit reserve build on new acquisitions.
- Mortgage portfolio $3.6T, up 3% YoY; net worth $62.4B; serious delinquency rate 0.59% unchanged from Q4.
- New business activity $78B single-family, $10B multifamily; financed 313,000 households in Q1 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1026214/000102621425000061/0001026214-25-000061-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1026214/000102621425000061/fmcc-20250501.htm
  HTML page:      https://secwatch.observer/filing/0001026214-25-000061

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