Federal Home Loan Mortgage (Federal Home Loan Mortgage) Credit Losses Provision : $-872.00 Mil (As of Dec. 2023)

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What is Federal Home Loan Mortgage Credit Losses Provision?

Federal Home Loan Mortgage's credit losses provision for the three months ended in Dec. 2023 was $-467.00 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Dec. 2023 was $-872.00 Mil.

Federal Home Loan Mortgage's quarterly credit losses provision increased from Jun. 2023 ($-537.00 Mil) to Sep. 2023 ($-263.00 Mil) but then declined from Sep. 2023 ($-263.00 Mil) to Dec. 2023 ($-467.00 Mil).

Federal Home Loan Mortgage's annual credit losses provision increased from Dec. 2021 ($-1,041.00 Mil) to Dec. 2022 ($1,841.00 Mil) but then declined from Dec. 2022 ($1,841.00 Mil) to Dec. 2023 ($-872.00 Mil).

Federal Home Loan Mortgage Credit Losses Provision Historical Data

The historical data trend for Federal Home Loan Mortgage's Credit Losses Provision can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Federal Home Loan Mortgage Credit Losses Provision Chart

Federal Home Loan Mortgage Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Credit Losses Provision

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-746.00

1,452.00

-1,041.00

1,841.00

-872.00

Federal Home Loan Mortgage Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Credit Losses Provision	Get a 7-Day Free Trial															575.00	395.00	-537.00	-263.00	-467.00

Federal Home Loan Mortgage Credit Losses Provision Calculation

For each period of operations, banks may reserve a portion of their income to cover the possible non-performing loans. The amount of the Credit Losses Provision is dependent on the management's estimate of the load quality they have. The higher Credit Losses Provision is, the lower banks' reported income in. This does not affect banks' cash flow statement.

Credit Losses Provision for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-872.00 Mil.

Federal Home Loan Mortgage (Federal Home Loan Mortgage) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Federal Home Loan Mortgage Corp (OTCPK:FMCKP.PFD) » Definitions » Credit Losses Provision

Comparable Companies

Address

8200 Jones Branch Drive, McLean, VA, USA, 22102-3110

Website

https://www.freddiemac.com

Federal Home Loan Mortgage Corp is a US based government-sponsored enterprise. The company invests in mortgage loans and mortgage-related securities. It operates in the following segments: Single-family, Multifamily. The company is engaged in originating, purchase, and guarantee single-family loans originated by its seller. It provides a guarantee and security for the payment of principal and interest on the mortgage-related securities in exchange for management and guarantee fees. The company purchases multifamily loans for aggregation and then securitization through the issuance of multifamily K Certificates as well as issues and guarantees other securitization products. Majority of the revenue is earned from single family.