.3 FIRST QUARTER 2026 FINANCIAL SUPPLEMENT April 30, 2026
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 terms and other information in this presentation in Freddie Mac’s Form 10-K for the year ended December 31, 2025 (the “2025 Form 10-K”). You should review this presentation together with the 2025 Form 10-K and our subsequent SEC filings at http://www. freddiemac.com/investors. In some cases we present information from third-party sources such as mortgage loan sellers and servicers; while we generally believe in its accuracy, we do not independently verify all of it. Percentage sums may vary from 100% due to rounding. Unless otherwise indicated, data is as of March 31, 2026 or for the first quarter of 2026. Unless otherwise indicated, data for prior years is as of December 31 or for the full year indicated. 6 7 8 9 12
FREDDIE MAC ($ in millions) 4Q 2025 1Q 2025 SELECTED INCOME STATEMENT DATA Net interest income $5,619 $5,547 $5,455 $5,299 $5,102 1 10 Non-interest income 514 217 284 617 750 137 (31) Net revenues 6,133 5,764 5,739 5,916 5,852 6 5 (Provision) benefit for credit losses 320 (52) (175) (783) (280) NM NM Non-interest expense (2,022) (2,258) (2,116) (2,158) (2,088) 10 3 Income before income tax expense 4,431 3,454 3,448 2,975 3,484 28 27 Income tax expense (873) (677) (675) (588) (690) (29) (27) Net income $3,558 $2,777 $2,773 $2,387 $2,794 28 27 Comprehensive income $3,538 $2,784 $2,789 $2,408 $2,828 27 25 SELECTED BALANCE SHEET DATA (period-end) Cash and cash equivalents $4,469 $5,327 $4,624 $4,267 $4,790 (16) (7) Securities purchased under agreements to resell 74,804 71,919 86,334 95,451 105,070 4 (29) Investment securities, at fair value 75,939 85,412 83,855 82,850 59,054 (11) 29 Mortgage loans held-for-sale 1,225 1,014 1,807 6,300 14,405 21 (91) Mortgage loans held-for investment (net of allowance for credit losses) 3,302,306 3,290,066 3,248,704 3,206,974 3,186,345 — 4 Total assets 3,505,318 3,497,598 3,468,187 3,436,280 3,409,116 — 3 Debt issued by consolidated trusts 3,214,995 3,198,008 3,175,464 3,155,397 3,145,248 1 2 Short-term debt 24,408 37,718 38,255 21,218 14,407 (35) 69 Long-term debt 169,850 169,296 165,354 172,659 165,446 — 3 Total liabilities 3,431,396 3,427,214 3,400,587 3,371,469 3,346,713 — 3 Equity 73,922 70,384 67,600 64,811 62,403 5 18 CONSERVATORSHIP METRICS Net worth $73,922 $70,384 $67,600 $64,811 $62,403 5 18 Senior preferred stock liquidation preference 143,032 140,248 137,459 135,051 132,223 2 8 Remaining Treasury funding commitment 140,162 140,162 140,162 140,162 140,162 — — Cumulative dividend payments to Treasury 119,680 119,680 119,680 119,680 119,680 — — Cumulative draws from Treasury 71,648 71,648 71,648 71,648 71,648 — — 1Q 2025 1Q 2026 Change (%) SELECTED FINANCIAL DATA 4Q 20251Q 2026 2Q 20253Q 2025 3
FREDDIE MAC ($ in millions, except per share data) 4Q 2025 1Q 2025 Interest income $33,650 $33,432 $32,975 $32,048 $31,365 1 7 Interest expense (28,031) (27,885) (27,520) (26,749) (26,263) (1) (7) Net interest income 5,619 5,547 5,455 5,299 5,102 1 10 Non-interest income Guarantee income 320 377 377 398 440 (15) (27) Investments gains (losses), net 42 (283) (237) 119 192 NM (78) Other income 152 123 144 100 118 24 29 Non-interest income 514 217 284 617 750 137 (31) Net revenues 6,133 5,764 5,739 5,916 5,852 6 5 (Provision) benefit for credit losses 320 (52) (175) (783) (280) NM NM Non-interest expense Salaries and employee benefits (376) (412) (423) (453) (423) 9 11 Professional services, technology, and occupancy (250) (334) (293) (295) (253) 25 1 Credit enhancement expense (441) (542) (489) (511) (540) 19 18 Legislative and regulatory assessments (832) (842) (839) (825) (817) 1 (2) Other expense (123) (128) (72) (74) (55) 4 (124) Non-interest expense (2,022) (2,258) (2,116) (2,158) (2,088) 10 3 Income before income tax expense 4,431 3,454 3,448 2,975 3,484 28 27 Income tax expense (873) (677) (675) (588) (690) (29) (27) Net income 3,558 2,777 2,773 2,387 2,794 28 27 Other comprehensive income (loss), net of taxes and reclassification adjustments (20) 7 16 21 34 NM NM Comprehensive income $3,538 $2,784 $2,789 $2,408 $2,828 27 25 Net income $3,558 $2,777 $2,773 $2,387 $2,794 28 27 Amounts attributable to senior preferred stock (3,538) (2,784) (2,789) (2,408) (2,828) (27) (25) Net income (loss) attributable to common stockholders $20 ($7) ($16) ($21) ($34) NM NM Net income (loss) per common share $0.01 $0.00 $0.00 ($0.01) ($0.01) NM NM Weighted average common shares (in millions) 3,234 3,234 3,234 3,234 3,234 — — 1Q 2025 1Q 2026 Change (%) CONDENSED CONSOLIDATED INCOME STATEMENTS 4Q 20251Q 2026 2Q 20253Q 2025 4
FREDDIE MAC ($ in millions) 12/31/2025 03/31/2025 Assets Cash and cash equivalents $4,469 $5,327 $4,624 $4,267 $4,790 (16) (7) Securities purchased under agreements to resell 74,804 71,919 86,334 95,451 105,070 4 (29) Investment securities, at fair value 75,939 85,412 83,855 82,850 59,054 (11) 29 Mortgage loans held-for-sale 1,225 1,014 1,807 6,300 14,405 21 (91) Mortgage loans held-for investment (net of allowance for credit losses) 3,302,306 3,290,066 3,248,704 3,206,974 3,186,345 — 4 Accrued interest receivable 12,207 12,254 11,813 11,583 11,050 — 10 Deferred tax assets, net 4,740 5,040 4,727 5,005 4,992 (6) (5) Other assets 29,628 26,566 26,323 23,850 23,410 12 27 Total assets $3,505,318 $3,497,598 $3,468,187 $3,436,280 $3,409,116 — 3 Liabilities and equity Liabilities Accrued interest payable $10,556 $10,597 $10,185 $10,226 $9,756 — 8 Debt issued by consolidated trusts 3,214,995 3,198,008 3,175,464 3,155,397 3,145,248 1 2 Short-term debt 24,408 37,718 38,255 21,218 14,407 (35) 69 Long-term debt 169,850 169,296 165,354 172,659 165,446 — 3 Other liabilities 11,587 11,595 11,329 11,969 11,856 — (2) Total liabilities 3,431,396 3,427,214 3,400,587 3,371,469 3,346,713 — 3 Equity Senior preferred stock 72,648 72,648 72,648 72,648 72,648 — — Preferred stock, at redemption value 14,109 14,109 14,109 14,109 14,109 — — Common stock — — — — — — — Retained earnings (accumulated deficit) (8,981) (12,539) (15,316) (18,089) (20,476) 28 56 AOCI, net of taxes 31 51 44 28 7 (39) 343 Treasury stock, at cost (3,885) (3,885) (3,885) (3,885) (3,885) — — Total equity 73,922 70,384 67,600 64,811 62,403 5 18 Total liabilities and equity $3,505,318 $3,497,598 $3,468,187 $3,436,280 $3,409,116 — 3 3/31/2025 3/31/2026 Change (%) CONDENSED CONSOLIDATED BALANCE SHEETS 12/31/20253/31/2026 6/30/20259/30/2025 5
FREDDIE MAC AVERAGE BALANCES AND YIELDS ($ in millions, except yields) AVERAGE BALANCES Interest-earning assets: Cash and cash equivalents $8,363 $8,929 $8,639 $9,370 $9,355 $52 $60 $70 $73 $79 Securities purchased under agreements to resell 84,924 97,243 101,119 106,309 111,687 798 1,011 1,136 1,186 1,240 Investment securities 76,752 87,343 83,769 74,793 55,955 833 940 932 845 620 Mortgage loans held by consolidated trusts 3,216,438 3,184,074 3,155,173 3,139,834 3,129,811 30,966 30,399 29,892 29,126 28,591 Mortgage loans held by Freddie Mac 86,808 85,703 78,910 68,211 70,429 966 976 910 775 804 Other assets 3,100 3,332 3,134 2,946 2,055 35 46 35 43 31 Total interest-earning assets 3,476,385 3,466,624 3,430,744 3,401,463 3,379,292 $33,650 $33,432 $32,975 $32,048 $31,365 Interest-bearing liabilities: Debt issued by consolidated trusts 3,189,597 3,171,240 3,147,760 3,137,146 3,125,203 (26,001) (25,557) (25,072) (24,492) (24,059) Short-term debt 30,089 37,410 28,185 16,347 14,822 (275) (378) (302) (177) (161) Long-term debt 169,973 170,077 174,687 172,110 170,573 (1,702) (1,871) (2,066) (2,025) (2,000) Securities sold under agreements to repurchase 5,949 7,897 7,308 5,202 3,999 (53) (79) (80) (55) (43) Total interest-bearing liabilities 3,395,608 3,386,624 3,357,940 3,330,805 3,314,597 ($28,031) ($27,885) ($27,520) ($26,749) ($26,263) Net interest income $5,619 $5,547 $5,455 $5,299 $5,102 YIELDS Interest-earning assets: Cash and cash equivalents 2.51 % 2.62 % 3.16 % 3.10 % 3.38 % Securities purchased under agreements to resell 3.76 % 4.16 % 4.49 % 4.46 % 4.44 % Investment securities 4.34 % 4.31 % 4.45 % 4.52 % 4.43 % Mortgage loans held by consolidated trusts 3.85 % 3.82 % 3.79 % 3.71 % 3.65 % Mortgage loans held by Freddie Mac 4.45 % 4.55 % 4.62 % 4.54 % 4.57 % Other assets 4.48 % 5.41 % 4.36 % 5.79 % 5.98 % Total interest-earning assets 3.87 % 3.85 % 3.85 % 3.77 % 3.71 % Interest-bearing liabilities: Debt issued by consolidated trusts (3.26)% (3.22)% (3.19)% (3.12)% (3.08)% Short-term debt (3.66)% (3.95)% (4.19)% (4.27)% (4.36)% Long-term debt (4.00)% (4.40)% (4.73)% (4.70)% (4.69)% Securities sold under agreements to repurchase (3.57)% (3.99)% (4.37)% (4.28)% (4.25)% Total interest-bearing liabilities (3.30)% (3.29)% (3.28)% (3.22)% (3.17)% Net interest yield 0.65 % 0.64 % 0.64 % 0.62 % 0.60 % 4Q 20251Q 2026 AVERAGE BALANCES 2Q 20253Q 2025 1Q 2025 1Q 20252Q 2025 INTEREST INCOME (EXPENSE) 3Q 20254Q 20251Q 2026 6
FREDDIE MAC ($ in millions, except ratio data) 4Q 2025 1Q 2025 ALLOWANCE FOR CREDIT LOSSES Single-Family allowance for credit losses: Beginning balance $7,549 $7,664 $7,516 $6,851 $6,691 (2) 13 Provision (benefit) for credit losses (311) (210) 118 622 228 (48) NM Charge-offs (178) (73) (118) (96) (191) (144) 7 Recoveries collected 60 61 38 23 27 (2) 122 Net charge-offs (118) (12) (80) (73) (164) (883) 28 Other 108 107 110 116 96 1 13 Ending balance $7,228 $7,549 $7,664 $7,516 $6,851 (4) 6 Multifamily allowance for credit losses: Beginning balance $956 $703 $757 $600 $548 36 74 Provision (benefit) for credit losses (9) 262 57 161 52 NM NM Charge-offs (64) (10) (111) (4) (1) (540) (6,300) Recoveries collected 1 1 — — 1 — — Net charge-offs (63) (9) (111) (4) — (600) NM Other 1 0 0 0 0 NM NM Ending balance $885 $956 $703 $757 $600 (7) 48 Total allowance for credit losses: Beginning balance $8,505 $8,367 $8,273 $7,451 $7,239 2 17 Provision (benefit) for credit losses (320) 52 175 783 280 NM NM Charge-offs (242) (83) (229) (100) (192) (192) (26) Recoveries collected 61 62 38 23 28 (2) 118 Net charge-offs (181) (21) (191) (77) (164) (762) (10) Other 109 107 110 116 96 2 14 Ending balance $8,113 $8,505 $8,367 $8,273 $7,451 (5) 9 COMPONENTS OF ALLOWANCE FOR CREDIT LOSSES Mortgage loans held-for-investment $7,643 $7,968 $7,890 $7,729 $6,974 (4) 10 Other 470 537 477 544 477 (12) (1) Ending balance $8,113 $8,505 $8,367 $8,273 $7,451 (5) 9 ALLOWANCE FOR CREDIT LOSSES TO TOTAL LOANS OUTSTANDING Single-Family 0.22 % 0.23 % 0.24 % 0.23 % 0.21 % Multifamily 0.42 % 0.46 % 0.43 % 0.52 % 0.49 % Total 0.23 % 0.24 % 0.24 % 0.24 % 0.22 % NET CHARGE-OFFS TO AVERAGE LOANS OUTSTANDING Single-Family — % — % — % — % 0.01 % Multifamily 0.04 % 0.01 % 0.10 % — % — % Total 0.01 % — % 0.01 % — % 0.01 % 1Q 2025 1Q 2026 Change (%) CREDIT-RELATED INFORMATION 4Q 20251Q 2026 2Q 20253Q 2025 7
FREDDIE MAC ($ in billions, except ratio data) 4Q 2025 1Q 2025 AVAILABLE CAPITAL (DEFICIT) Risk-based capital metrics Standardized Total capital (statutory) $9 $6 $3 $— ($3) 50 400 CET1 capital (18) (22) (24) (27) (29) 18 38 Tier 1 capital (4) (7) (10) (13) (15) 43 73 Adjusted total capital (4) (7) (10) (13) (15) 43 73 Risk-weighted assets 1,259 1,231 1,172 1,114 1,099 2 15 Total capital (statutory) ratio 0.7 % 0.5 % 0.3 % 0 % (0.3)% 40 333 CET capital ratio (1.4)% (1.8)% (2.0)% (2.4)% (2.7)% 22 48 Tier 1 capital ratio (0.3)% (0.6)% (0.8)% (1.2)% (1.4)% 50 79 Adjusted total capital ratio (0.3)% (0.6)% (0.8)% (1.2)% (1.4)% 50 79 Leverage-based capital metrics Core capital (statutory) $1 ($2) ($5) ($8) ($10) 150 110 Tier 1 capital (4) (7) (10) (13) (15) 43 73 Adjusted total assets 3,903 3,905 3,885 3,864 3,834 — 2 Core capital (statutory) ratio 0 % (0.1)% (0.1)% (0.2)% (0.3)% 100 100 Tier 1 capital ratio (0.1)% (0.2)% (0.3)% (0.3)% (0.4)% 50 75 1Q 2025 1Q 2026 Change (%) REGULATORY CAPITAL 4Q 20251Q 2026 2Q 20253Q 2025 8
FREDDIE MAC SELECTED SINGLE-FAMILY INCOME STATEMENT DATA ($ in millions) 4Q 2025 1Q 2025 Net interest income $5,120 $5,080 $5,047 $4,898 $4,753 1 8 Non-interest income 55 (178) (143) 237 165 NM (67) Net revenues 5,175 4,902 4,904 5,135 4,918 6 5 (Provision) benefit for credit losses 311 210 (118) (622) (228) 48 NM Non-interest expense (1,780) (2,005) (1,868) (1,905) (1,871) 11 5 Income before income tax expense 3,706 3,107 2,918 2,608 2,819 19 31 Income tax expense (730) (609) (571) (516) (558) (20) (31) Net income 2,976 2,498 2,347 2,092 2,261 19 32 Other comprehensive income (loss), net of taxes and reclassification adjustments (13) (1) 6 9 8 (1,200) NM Comprehensive income $2,963 $2,497 $2,353 $2,101 $2,269 19 31 SELECTED SINGLE-FAMILY HIGHLIGHTS Average estimated guarantee fee rate (bps) 50 50 50 49 49 SINGLE-FAMILY MORTGAGE PORTFOLIO CREDIT ENHANCEMENT COVERAGE OUTSTANDING (UPB in $ billions) Primary mortgage insurance $680 $681 $675 $666 $662 — 3 STACR 1,180 1,165 1,183 1,189 1,213 1 (3) ACIS 552 594 690 732 738 (7) (25) Other 38 38 39 39 39 — (4) Credit enhancement coverage (%) 62 % 61 % 62 % 62 % 62 % SINGLE-FAMILY LOAN STATISTICS Delinquency rates One-month past due 0.98 % 1.09 % 1.03 % 1.04 % 0.96 % Two months past due 0.27 % 0.31 % 0.28 % 0.26 % 0.26 % Serious delinquency rate 0.60 % 0.59 % 0.57 % 0.55 % 0.59 % Single-Family loan workouts (UPB $ in millions) Payment deferral plans $2,319 $1,993 $2,029 $2,238 $2,874 16 (19) Loan modifications 2,375 2,532 2,598 2,762 1,894 (6) 25 Forbearance plans and other 1,744 1,665 1,180 1,356 1,640 5 6 Total loan workouts $6,438 $6,190 $5,807 $6,356 $6,408 4 — Number of loan workouts (in thousands) 24 23 22 24 25 1Q 2025 1Q 2026 Change (%) SEGMENT RESULTS - SINGLE-FAMILY SELECTED FINANCIAL DATA 4Q 20251Q 2026 2Q 20253Q 2025 9
FREDDIE MAC ($ in billions) SELECTED SINGLE-FAMILY NEW BUSINESS ACTIVITY DATA 4Q 2025 1Q 2025 New Business Activity by Purpose Purchase $60 $77 $81 $76 $62 (22) (3) Refinance 43 41 18 18 16 5 169 Total new business activity $103 $118 $99 $94 $78 (13) 32 New Business Activity Credit Characteristics Weighted average original LTV ratio 75 % 76 % 77 % 77 % 77 % Original LTV ratio >90% 19 % 20 % 24 % 23 % 23 % Weighted average original credit score 758 758 756 759 756 DTI ratio > 45% 24 % 25 % 28 % 28 % 30 % Fixed-rate 97 % 96 % 97 % 97 % 99 % Primary residence 94 % 95 % 94 % 93 % 93 % NEW BUSINESS ACTIVITY LOAN PURPOSE (%) Purchase 58 % 65 % 82 % 81 % 79 % Cash-out refinance 10 % 9 % 9 % 8 % 11 % Other refinance 32 % 26 % 9 % 11 % 10 % 1Q 2025 1Q 2026 Change (%) SEGMENT RESULTS - SINGLE-FAMILY NEW BUSINESS ACTIVITY 4Q 20251Q 2026 2Q 20253Q 2025 10
FREDDIE MAC As of March 31, 2026 SELECTED SINGLE-FAMILY MORTGAGE PORTFOLIO CREDIT CHARACTERISTICS Total UPB ($ in billions) $64.1 $352.5 $272.4 $199.3 $356.0 $1,913.7 $3,158.0 Share of Single-Family mortgage portfolio 2 % 11 % 9 % 6 % 11 % 61 % 100 % Share of loans with credit enhancement 33 % 48 % 72 % 76 % 69 % 61 % 62 % Serious delinquency rate (by loan count) — % 0.11 % 0.69 % 1.19 % 1.03 % 0.55 % 0.60 % Weighted average original LTV ratio 75 % 77 % 78 % 79 % 76 % 72 % 74 % Weighted average current LTV ratio 76 % 76 % 74 % 71 % 63 % 42 % 53 % Weighted average original credit score 759 756 753 750 746 751 751 Weighted average current credit score 759 752 749 741 740 757 753 Single-Family Mortgage Portfolio Credit Characteristics 1Q 2026 4Q 2025 3Q 2025 2Q 2025 1Q 2025 Weighted average current LTV ratio 53 % 53 % 53 % 53 % 52 % Weighted average original credit score 751 751 751 751 751 SEGMENT RESULTS - SINGLE-FAMILY MORTGAGE PORTFOLIO CREDIT CHARACTERISTICS 2026 2025 BY ORIGINATION YEAR 2024 2023 2022 Prior Years Total 11
FREDDIE MAC SELECTED MULTIFAMILY INCOME STATEMENT DATA ($ in millions) 4Q 2025 1Q 2025 Net interest income $499 $467 $408 $401 $349 7 43 Non-interest income 459 395 427 380 585 16 (22) Net revenues 958 862 835 781 934 11 3 (Provision) benefit for credit losses 9 (262) (57) (161) (52) NM NM Non-interest expense (242) (253) (248) (253) (217) 4 (12) Income before income tax expense 725 347 530 367 665 109 9 Income tax expense (143) (68) (104) (72) (132) (110) (8) Net income 582 279 426 295 533 109 9 Other comprehensive income (loss), net of taxes and reclassification adjustments (7) 8 10 12 26 NM NM Comprehensive income $575 $287 $436 $307 $559 100 3 MULTIFAMILY NEW BUSINESS CHARACTERISTICS New business activity ($ in billions) $13 $29 $25 $12 $10 (56) 25 Weighted average original LTV ratio (%) 65 % 65 % 64 % 62 % 62 % Weighted average original debt service coverage ratio 1.30 1.28 1.29 1.34 1.30 Acquisitions of units by area median income <60% 35 % 35 % 34 % 39 % 43 % >60% to <80% 37 % 33 % 33 % 35 % 32 % >80% to <120% 21 % 24 % 25 % 21 % 19 % >120% 7 % 8 % 8 % 5 % 6 % SELECTED MULTIFAMILY MORTGAGE PORTOLIO DATA ($ in billions) Multifamily mortgage portfolio (UPB) $498 $496 $480 $466 $467 — 7 Average guarantee fee rate charged (bps) at period end 58 56 54 53 52 4 12 MULTIFAMILY MORTGAGE PORTFOLIO CREDIT ENHANCEMENT COVERAGE OUTSTANDING (UPB in $ billions) Subordination $321 $330 $340 $348 $351 (3) (8) MSCR/MCIP 122 102 83 73 74 19 65 Other 8 9 10 10 10 (7) (15) Credit enhancement coverage (%) 91 % 89 % 90 % 92 % 93 % MULTIFAMILY LOAN STATISTICS Delinquency rate (%) 0.43 % 0.44 % 0.51 % 0.47 % 0.46 % 1Q 2025 1Q 2026 Change (%) SEGMENT RESULTS - MULTIFAMILY SELECTED FINANCIAL DATA 4Q 20251Q 2026 2Q 20253Q 2025 12