Freddie Mac · OTC:FMCC

Freddie Mac — Federal Home Loan Mortgage Corp (Fmcc, Fmccg, Fmcci, Fmccj, Fmccl, Fmccn, Fmcco, Fmccs, Fmcct, Fmcki, Fmckl, Fmckn, Frejn, Frejo) — Q1 2026 Earnings Presentation

12 slides from Freddie Mac's earnings presentation, Apr 30, 2026

  1. Slide 1: First Quarter 2026 Financial Supplement

    Exhibit 99.3 FIRST QUARTER 2026 FINANCIAL SUPPLEMENT April 30, 2026

  2. Slide 2: Table of Contents

    Table of Contents CONSOLIDATED RESULTS Selected Financial Data Condensed Consolidated Income Statements Condensed Consolidated Balance Sheets Average Balances and Yields Credit-Related Information Regulatory Capital BUSINESS SEGMENT RESULTS Single-Family Multifamily Page 3 5 4 We define some of the

  3. Slide 3: Selected Financial Data

    FREDDIE MAC ($ in millions) 4Q 2025 1Q 2025 SELECTED INCOME STATEMENT DATA Net interest income $5,619 $5,547 $5,455 $5,299 $5,102 1 10 Non-interest income 514 217 284 617 750 137 (31) Net revenues 6,133 5,764 5,739 5,916 5,852 6 5 (Provision) benefit for credit losses 320 (52) (175) (783) (280) NM N

  4. Slide 4: Condensed Consolidated Income Statements

    FREDDIE MAC ($ in millions, except per share data) 4Q 2025 1Q 2025 Interest income $33,650 $33,432 $32,975 $32,048 $31,365 1 7 Interest expense (28,031) (27,885) (27,520) (26,749) (26,263) (1) (7) Net interest income 5,619 5,547 5,455 5,299 5,102 1 10 Non-interest income Guarantee income 320 377 377

  5. Slide 5: Condensed Consolidated Balance Sheets

    FREDDIE MAC ($ in millions) 12/31/2025 03/31/2025 Assets Cash and cash equivalents $4,469 $5,327 $4,624 $4,267 $4,790 (16) (7) Securities purchased under agreements to resell 74,804 71,919 86,334 95,451 105,070 4 (29) Investment securities, at fair value 75,939 85,412 83,855 82,850 59,054 (11) 29 Mo

  6. Slide 6: Average Balances and Yields

    FREDDIE MAC AVERAGE BALANCES AND YIELDS ($ in millions, except yields) AVERAGE BALANCES Interest-earning assets: Cash and cash equivalents $8,363 $8,929 $8,639 $9,370 $9,355 $52 $60 $70 $73 $79 Securities purchased under agreements to resell 84,924 97,243 101,119 106,309 111,687 798 1,011 1,136 1,18

  7. Slide 7: Credit-Related Information: Allowance for Credit Losses

    FREDDIE MAC ($ in millions, except ratio data) 4Q 2025 1Q 2025 ALLOWANCE FOR CREDIT LOSSES Single-Family allowance for credit losses: Beginning balance $7,549 $7,664 $7,516 $6,851 $6,691 (2) 13 Provision (benefit) for credit losses (311) (210) 118 622 228 (48) NM Charge-offs (178) (73) (118) (96) (1

  8. Slide 8: Regulatory Capital: Available Capital (Deficit)

    FREDDIE MAC ($ in billions, except ratio data) 4Q 2025 1Q 2025 AVAILABLE CAPITAL (DEFICIT) Risk-based capital metrics Standardized Total capital (statutory) $9 $6 $3 $— ($3) 50 400 CET1 capital (18) (22) (24) (27) (29) 18 38 Tier 1 capital (4) (7) (10) (13) (15) 43 73 Adjusted total capital (4) (7)

  9. Slide 9: Selected Single-Family Income Statement Data

    FREDDIE MAC SELECTED SINGLE-FAMILY INCOME STATEMENT DATA ($ in millions) 4Q 2025 1Q 2025 Net interest income $5,120 $5,080 $5,047 $4,898 $4,753 1 8 Non-interest income 55 (178) (143) 237 165 NM (67) Net revenues 5,175 4,902 4,904 5,135 4,918 6 5 (Provision) benefit for credit losses 311 210 (118) (6

  10. Slide 10: Selected Single-Family New Business Activity Data

    FREDDIE MAC ($ in billions) SELECTED SINGLE-FAMILY NEW BUSINESS ACTIVITY DATA 4Q 2025 1Q 2025 New Business Activity by Purpose Purchase $60 $77 $81 $76 $62 (22) (3) Refinance 43 41 18 18 16 5 169 Total new business activity $103 $118 $99 $94 $78 (13) 32 New Business Activity Credit Characteristics W

  11. Slide 11: Selected Single-Family Mortgage Portfolio Credit Characteristics

    FREDDIE MAC As of March 31, 2026 SELECTED SINGLE-FAMILY MORTGAGE PORTFOLIO CREDIT CHARACTERISTICS Total UPB ($ in billions) $64.1 $352.5 $272.4 $199.3 $356.0 $1,913.7 $3,158.0 Share of Single-Family mortgage portfolio 2 % 11 % 9 % 6 % 11 % 61 % 100 % Share of loans with credit enhancement 33 % 48 %

  12. Slide 12: Selected Multifamily Income Statement Data

    FREDDIE MAC SELECTED MULTIFAMILY INCOME STATEMENT DATA ($ in millions) 4Q 2025 1Q 2025 Net interest income $499 $467 $408 $401 $349 7 43 Non-interest income 459 395 427 380 585 16 (22) Net revenues 958 862 835 781 934 11 3 (Provision) benefit for credit losses 9 (262) (57) (161) (52) NM NM Non-inter

Federal Home Loan Mortgage Corp (Fmcc, Fmccg, Fmcci, Fmccj, Fmccl, Fmccn, Fmcco, Fmccs, Fmcct, Fmcki, Fmckl, Fmckn, Frejn, Frejo) — Q1 2026 Earnings Presentation on 6ix