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) — Q2 2017 Earnings Presentation
13 slides from Freddie Mac's earnings presentation, Aug 1, 2017
Slide 1: Second Quarter 2017 Financial Results Supplement
Second Quarter 2017 Financial Results Supplement August 1, 2017 Exhibit 99.2
Slide 2: Corporate Highlights
Corporate Highlights Key highlights Financial highlights $ Millions Note: Totals may not add due to rounding. Comprehensive Income (CI) of $2.0 billion, Net Income of $1.7 billion. CI stable quarter-over-quarter due to reduction in market-related earnings volatility. Market spreads were relatively u
Slide 3: Corporate Highlights, continued
Corporate Highlights, continued Treasury draw requests and dividend payments $ Billions DFAST4 - Additional draws needed under severely adverse scenario $ Billions Note: Totals may not add due to rounding. 2 3
Slide 4: Key Economic Indicators
Key Economic Indicators National home prices increased by an average of 6.9% over the past year5 > 6.0% > 3.0 – 6.0% > 0.0 – 3.0% ≤ 0.0% Quarterly ending interest rates Unemployment rate and job creation National home price trends5,6 have surpassed the 2006 peak Freddie Mac House Price Index (Decemb
Slide 5: Total Portfolio Balances
Total Portfolio Balances Total debt outstanding11,12 $ Billions Portfolio balance highlights Total guarantee portfolio balance7 $ Billions $308 Multifamily Total guarantee portfolio balance: Single-family - increased $71 billion, or 4% YoY, to $1,784 billion. Multifamily - increased $32 billion, or
Slide 6: Single-family Financial Highlights and Key Metrics
Single-family Financial Highlights and Key Metrics Single-family financial highlights $ Millions Credit guarantee portfolio balance $ Billions New funding volume $ Billions Guarantee fees charged on new acquisitions (bps)13 Serious delinquency rates +4% (71%) (73%) (74%) (69%) (75%)
Slide 7: Single-family Credit Risk Transfer – STACR / ACIS
Single-family Credit Risk Transfer – STACR / ACIS16 Total Single-family credit guarantee portfolio with transferred credit risk $ Billions Cumulative Single-family transferred credit risk based on outstanding balance at period end $ Billions Outstanding reference pool UPB as a percentage of total Si
Slide 8: Multifamily Financial Highlights and Key Metrics
Multifamily Financial Highlights and Key Metrics Total portfolio balance $ Billions Multifamily market and Freddie Mac delinquency rates (%) Multifamily financial highlights $ Millions Multifamily acquisitions of units by area median income (% of eligible units acquired) +34% (45%) (54%) (64%) (74%)
Slide 9: Multifamily Key Metrics, continued
Multifamily Key Metrics, continued Multifamily securitization volume18 $ Billions New funding volume $ Billions Note: Totals may not add due to rounding. Cap = $30.0 Cap = $36.5
Slide 10: Capital Markets Financial Highlights and Key Metrics
Capital Markets Financial Highlights and Key Metrics Capital Markets mortgage investments portfolio $ Billions Capital Markets financial highlights $ Millions Capital Markets investments portfolio balance $ Billions Capital Markets net interest yield & net interest income % and $ Millions -10% (58%)
Slide 11: Housing Market Support
Housing Market Support Number of families Freddie Mac helped to own or rent a home20 In Thousands Number of single-family loan workouts21 In Thousands Note: Totals may not add due to rounding. Home Retention Actions Foreclosure Alternatives
Slide 12: Footnotes
Footnotes 1 For additional information regarding Freddie Mac’s non-GAAP financial measures and reconciliations to the comparable amounts under GAAP, see the company’s earnings release for the quarter ended June 30, 2017. 2 Excludes the initial $1 billion liquidation preference of senior preferred st
Slide 13: Safe Harbor Statements
Safe Harbor Statements Freddie Mac obligations Freddie Mac’s securities are obligations of Freddie Mac only. The securities, including any interest or return of discount on the securities, are not guaranteed by and are not debts or obligations of the United States or any federal agency or instrument