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MF.FreddieMac.com

Our Results

January 1 through March 31, 2022

William Buskirk

We had a strong quarter as we continued to focus on our mission.

Below, we describe our 1Q 2022 results.

William Buskirk
Multifamily Chief Financial Officer

Contact me for more information or clarification.

Multifamily New Business Activity

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This chart reports our New Business Activity on a monthly basis.

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Multifamily Production Mission Volume Analysis

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This chart reports our production mission-driven volume for 2021.

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$279 million comprehensive income
$279
million
comprehensive
income
 

We continued to generate strong returns for U.S. taxpayers.

0/0/8 credit results
0/0/8
credit
results
 

Our credit profile remains strong as of March 31, 2022. We had no credit losses or REO properties on the books, and our delinquency rate was 8 basis points.

$15 billion new business
$15
billion
new business
 

Our loan purchases created liquidity in virtually every corner of the rental market.

~65/31% mission-driven, affordable housing
~65/31%
mission-driven, affordable housing
 

About 65% of the 1Q 2022 new business activity, based on UPB, was mission-driven, affordable housing, with about 31% being affordable to renters at 60% of area median income or below.

95% affordable
95%
affordable
 

More than 9 in 10 eligible units we financed supported U.S. households earning at or below 120% of area median income.

~144,000 rental units
~144,000
rental
units
 

We financed rental units in a wide variety of large, medium and small markets.

$14 billion credit risk transfers
$14
billion
credit risk transfers
 

Since inception of our K-Deal® program in 2009, the company has cumulatively transferred a large majority of credit risk on the multifamily guarantee portfolio.

$415 billion multifamily mortgage portfolio
$415
billion
multifamily mortgage portfolio
 

93% of our mortgage portfolio comprised securitized mortgage loans (underlying securities that we guarantee).

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