Freddie Mac · OTC:FMCC

Freddie Mac — Federal Home Loan Mortgage Corp (Fmcc, Fmccg, Fmccj, Fmccl, Fmccn, Fmcco, Fmccs, Fmckj, Fmckl, Fmckm, Fmckn, Fmcko, Frejn, Frejo) — Q2 2026 Earnings Presentation

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

  1. Slide 1: Second Quarter 2026 Financial Supplement

    Exhibit 99.3 SECOND QUARTER 2026 FINANCIAL SUPPLEMENT July 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) 1Q 2026 2Q 2025 SELECTED INCOME STATEMENT DATA Net interest income $6,010 $5,619 $5,547 $5,455 $5,299 7 13 Non-interest income (loss) (19) 514 217 284 617 NM NM Net revenues 5,991 6,133 5,764 5,739 5,916 (2) 1 (Provision) benefit for credit losses 880 320 (52) (175) (783)

  4. Slide 4: Condensed Consolidated Income Statements

    FREDDIE MAC ($ in millions, except per share data) 1Q 2026 2Q 2025 Interest income $34,275 $33,650 $33,432 $32,975 $32,048 2 7 Interest expense (28,265) (28,031) (27,885) (27,520) (26,749) (1) (6) Net interest income 6,010 5,619 5,547 5,455 5,299 7 13 Non-interest income Guarantee income 288 320 377

  5. Slide 5: Condensed Consolidated Balance Sheets

    FREDDIE MAC ($ in millions) 03/31/2026 06/30/2025 Assets Cash and cash equivalents $4,321 $4,469 $5,327 $4,624 $4,267 (3) 1 Securities purchased under agreements to resell 52,406 74,804 71,919 86,334 95,451 (30) (45) Investment securities, at fair value 84,342 75,939 85,412 83,855 82,850 11 2 Mortga

  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 $9,937 $8,363 $8,929 $8,639 $9,370 $56 $52 $60 $70 $73 Securities purchased under agreements to resell 73,295 84,924 97,243 101,119 106,309 684 798 1,011 1,136 1

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

    FREDDIE MAC ($ in millions, except ratio data) 1Q 2026 2Q 2025 ALLOWANCE FOR CREDIT LOSSES Single-Family allowance for credit losses: Beginning balance $7,228 $7,549 $7,664 $7,516 $6,851 (4) 6 Provision (benefit) for credit losses (846) (311) (210) 118 622 (172) NM Charge-offs (181) (178) (73) (118)

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

    FREDDIE MAC ($ in billions, except ratio data) 1Q 2026 2Q 2025 AVAILABLE CAPITAL (DEFICIT) Risk-based capital metrics Standardized Total capital (statutory) $12 $9 $6 $3 $— 33 NM CET1 capital (14) (18) (22) (24) (27) 22 48 Tier 1 capital — (4) (7) (10) (13) 100 100 Adjusted total capital — (4) (7) (

  9. Slide 9: Single-Family Segment Results

    FREDDIE MAC SELECTED SINGLE-FAMILY INCOME STATEMENT DATA ($ in millions) 1Q 2026 2Q 2025 Net interest income $5,449 $5,120 $5,080 $5,047 $4,898 6 11 Non-interest income (loss) (349) 55 (178) (143) 237 NM NM Net revenues 5,100 5,175 4,902 4,904 5,135 (1) (1) (Provision) benefit for credit losses 846

  10. Slide 10: Single-Family New Business Activity

    FREDDIE MAC ($ in billions) SELECTED SINGLE-FAMILY NEW BUSINESS ACTIVITY DATA 1Q 2026 2Q 2025 New Business Activity by Purpose Purchase $74 $60 $77 $81 $76 23 (2) Refinance 36 43 41 18 18 (15) 100 Total new business activity $110 $103 $118 $99 $94 7 18 New Business Activity Credit Characteristics We

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

    FREDDIE MAC As of June 30, 2026 SELECTED SINGLE-FAMILY MORTGAGE PORTFOLIO CREDIT CHARACTERISTICS Total UPB ($ in billions) $170.9 $340.2 $259.8 $189.6 $346.3 $1,865.4 $3,172.3 Share of Single-Family mortgage portfolio 5 % 11 % 8 % 6 % 11 % 59 % 100 % Share of loans with credit enhancement 35 % 52 %

  12. Slide 12: Multifamily Segment Results

    FREDDIE MAC SELECTED MULTIFAMILY INCOME STATEMENT DATA ($ in millions) 1Q 2026 2Q 2025 Net interest income $561 $499 $467 $408 $401 12 40 Non-interest income (loss) 330 459 395 427 380 (28) (13) Net revenues 891 958 862 835 781 (7) 14 (Provision) benefit for credit losses 34 9 (262) (57) (161) 278 N

Federal Home Loan Mortgage Corp (Fmcc, Fmccg, Fmccj, Fmccl, Fmccn, Fmcco, Fmccs, Fmckj, Fmckl, Fmckm, Fmckn, Fmcko, Frejn, Frejo) — Q2 2026 Earnings Presentation on 6ix