Freddie Mac · OTC:FMCC
Freddie Mac — Federal Home Loan Mortgage — Q3 2026 Earnings Presentation
12 slides from Freddie Mac's earnings presentation, Oct 29, 2026
Slide 1: Third Quarter 2026 Financial Supplement
Exhibit 99.3 THIRD QUARTER 2026 FINANCIAL SUPPLEMENT October 29, 2026
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
Slide 3: Selected Financial Data
FREDDIE MAC ($ in millions) 2Q 2026 3Q 2025 SELECTED INCOME STATEMENT DATA Net interest income $5,877 $6,010 $5,619 $5,547 $5,455 (2) 8 Non-interest income (loss) 933 (19) 514 217 284 NM 229 Net revenues 6,810 5,991 6,133 5,764 5,739 14 19 (Provision) benefit for credit losses (800) 880 320 (52) (17
Slide 4: Condensed Consolidated Income Statements
FREDDIE MAC ($ in millions, except per share-related data) 2Q 2026 3Q 2025 Interest income $35,065 $34,275 $33,650 $33,432 $32,975 2 6 Interest expense (29,188) (28,265) (28,031) (27,885) (27,520) (3) (6) Net interest income (loss) 5,877 6,010 5,619 5,547 5,455 (2) 8 Non-interest income Guarantee in
Slide 5: Condensed Consolidated Balance Sheets
FREDDIE MAC ($ in millions) 06/30/2026 09/30/2025 Assets Cash and cash equivalents $4,561 $4,321 $4,469 $5,327 $4,624 6 (1) Securities purchased under agreements to resell 48,402 52,406 74,804 71,919 86,334 (8) (44) Investment securities, at fair value 78,167 84,342 75,939 85,412 83,855 (7) (7) Mort
Slide 6: Average Balances and Yields
FREDDIE MAC AVERAGE BALANCES AND YIELDS ($ in millions, except yields) AVERAGE BALANCES Interest-earning assets: Cash and cash equivalents $8,785 $9,937 $8,363 $8,929 $8,639 $61 $56 $52 $60 $70 Securities purchased under agreements to resell 60,985 73,295 84,924 97,243 101,119 582 684 798 1,011 1,13
Slide 7: Credit-Related Information: Allowance for Credit Losses
FREDDIE MAC ($ in millions, except ratio data) 2Q 2026 3Q 2025 ALLOWANCE FOR CREDIT LOSSES Single-Family allowance for credit losses: Beginning balance $6,378 $7,228 $7,549 $7,664 $7,516 (12) (15) Provision (benefit) for credit losses 685 (846) (311) (210) 118 NM 481 Charge-offs (210) (181) (178) (7
Slide 8: Regulatory Capital: Available Capital (Deficit)
FREDDIE MAC ($ in billions, except ratio data) 2Q 2026 3Q 2025 AVAILABLE CAPITAL (DEFICIT) Risk-based capital metrics Standardized Total capital (statutory) $16 $12 $9 $6 $3 33 433 CET1 capital (10) (14) (18) (22) (24) 29 58 Tier 1 capital 4 — (4) (7) (10) NM 140 Adjusted total capital 4 — (4) (7) (
Slide 9: Single-Family Income Statement Data and Highlights
FREDDIE MAC SELECTED SINGLE-FAMILY INCOME STATEMENT DATA ($ in millions) 2Q 2026 3Q 2025 Net interest income $5,294 $5,449 $5,120 $5,080 $5,047 (3) 5 Non-interest income (loss) 537 (349) 55 (178) (143) NM NM Net revenues 5,831 5,100 5,175 4,902 4,904 14 19 (Provision) benefit for credit losses (685)
Slide 10: Single-Family New Business Activity Data
FREDDIE MAC ($ in millions) SELECTED SINGLE-FAMILY NEW BUSINESS ACTIVITY DATA 2Q 2026 3Q 2025 New Business Activity by Purpose Purchase $80,207 $73,765 $59,964 $76,570 $81,539 9 (2) Refinance 18,265 36,355 42,549 41,418 17,889 (50) 2 Total new business activity $98,472 $110,120 $102,513 $117,988 $99
Slide 11: Single-Family Mortgage Portfolio Credit Characteristics
FREDDIE MAC As of September 30, 2026 SELECTED SINGLE-FAMILY MORTGAGE PORTFOLIO CREDIT CHARACTERISTICS Total UPB ($ in millions) $264,135 $331,214 $251,380 $182,879 $337,547 $1,818,998 $3,186,153 Share of Single-Family mortgage portfolio 8 % 10 % 8 % 6 % 11 % 57 % 100 % Share of loans with credit enh
Slide 12: Selected Multifamily Income Statement Data
FREDDIE MAC SELECTED MULTIFAMILY INCOME STATEMENT DATA ($ in millions) 2Q 2026 3Q 2025 Net interest income $583 $561 $499 $467 $408 4 43 Non-interest income (loss) 396 330 459 395 427 20 (7) Net revenues 979 891 958 862 835 10 17 (Provision) benefit for credit losses (115) 34 9 (262) (57) NM (102) N
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