FEDERAL HOME LOAN MORTGAGE CORP - FORM 8-K - EX-99.1 - EXHIBIT 99.1

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8-K - 8-K - FEDERAL HOME LOAN MORTGAGE CORP	f71477e8vk.htm

Exhibit 99.1


		Monthly Volume Summary: November 2010 (unaudited & subject to change) (dollars in millions)


TABLE 1 - TOTAL MORTGAGE PORTFOLIO ^{1, 2}																								November 2010 Highlights:

	Purchases and Issuances		Sales and Other Activity ³			Liquidations			Net Increase/ (Decrease)			Ending Balance			Annualized Growth Rate			Annualized Liquidation Rate						> The total mortgage portfolio decreased at an annualized rate of 4.5% in November. > Single-family refinance-loan purchase and guarantee volume was $38.0 billion in November, reflecting 82% of total mortgage purchases and issuances. > Total number of loan modifications were 8,363 in November 2010 and 155,196 for the eleven months ended November 30, 2010. > The aggregate unpaid principal balance (UPB) of our mortgage-related investments portfolio decreased by approximately $4.2 billion. > Total guaranteed PCs and Structured Securities issued decreased at an annualized rate of 7.4% in November. > Our single-family seriously delinquent rate increased to 3.85% in November. Our multifamily delinquency rate decreased to 0.39% in November. > The measure of our exposure to changes in portfolio market value (PMVS-L) averaged $467 million in November. Duration gap averaged 0 months. > On September 6, 2008, the Director of the Federal Housing Finance Agency (FHFA) appointed FHFA as Conservator of Freddie Mac.

Nov 2009	$	27,975	$	—			($32,087	)		($4,112	)	$	2,239,808			(2.2	%)		17.2	%
Dec		44,039		(15	)		(33,293	)		10,731			2,250,539			5.7	%		17.8	%

Full-Year 2009		548,368		(35,099	)		(470,206	)		43,063			2,250,539			2.0	%		21.3	%

Jan 2010		36,583		—			(39,729	)		(3,146	)		2,247,393			(1.7	%)		21.2	%
Feb		29,215		(1,110	)		(32,918	)		(4,813	)		2,242,580			(2.6	%)		17.6	%
Mar ⁴		31,044		(18,890	)		(29,080	)		(16,926	)		2,225,654			(9.1	%)		15.6	%
Apr ⁴		26,109		15,049			(35,667	)		5,491			2,231,145			3.0	%		19.2	%
May		25,151		365			(33,045	)		(7,529	)		2,223,616			(4.0	%)		17.8	%
Jun		30,916		(250	)		(32,408	)		(1,742	)		2,221,874			(0.9	%)		17.5	%
Jul		28,368		(500	)		(35,028	)		(7,160	)		2,214,714			(3.9	%)		18.9	%
Aug		29,129		(231	)		(38,466	)		(9,568	)		2,205,146			(5.2	%)		20.8	%
Sep		39,885		(4,307	)		(48,645	)		(13,067	)		2,192,079			(7.1	%)		26.5	%
Oct		39,641		(49	)		(51,563	)		(11,971	)		2,180,108			(6.6	%)		28.2	%
Nov		46,039		(1,248	)		(52,889	)		(8,098	)		2,172,010			(4.5	%)		29.1	%

YTD 2010	$	362,080		($11,171	)		($429,438	)		($78,529	)	$	2,172,010			(3.8	%)		20.8	%




TABLE 2 - MORTGAGE-RELATED INVESTMENTS PORTFOLIO ¹																											TABLE 3 - MORTGAGE-RELATED INVESTMENTS PORTFOLIO COMPONENTS ¹

																		Mortgage			Mortgage			Net Purchase				PCs and		Non-Freddie Mac Mortgage-
			Sales, net of						Ending			Annualized			Annualized			Purchase			Sale			(Sale)				Structured		Related Securities				Mortgage		Ending

	Purchases ⁵		Other Activity			Liquidations			Balance			Growth Rate			Liquidation Rate			Agreements ⁶			Agreements ⁷			Agreements ⁸				Securities		Agency		Non-Agency		Loans		Balance

Nov 2009	$	3,489		($979	)		($10,810	)		$761,752			(12.9	%)		16.8	%	$	8,466			($8,088	)	$	378		Nov 2009	$	382,751	$	67,497	$	177,334	$	134,170	$	761,752
Dec		5,954		(1,429	)		(11,005	)		755,272			(10.2	%)		17.3	%		9,273			(6,655	)		2,618		Dec		374,615		66,171		175,670		138,816		755,272

Full-Year 2009		255,343		(154,242	)		(150,591	)		755,272			(6.1	%)		18.7	%		428,089			(342,617	)		85,472		Full-Year 2009		374,615		66,171		175,670		138,816		755,272

Jan 2010		2,113		(1,737	)		(11,940	)		743,708			(18.4	%)		19.0	%		5,651			(5,413	)		238		Jan 2010		366,920		64,444		173,984		138,360		743,708
Feb		466		(1,347	)		(10,578	)		732,249			(18.5	%)		17.1	%		5,049			(7,046	)		(1,997	)	Feb		360,872		63,032		172,749		135,596		732,249
Mar		39,291		(5,688	)		(12,531	)		753,321			34.5	%		20.5	%		6,231			(11,093	)		(4,862	)	Mar		333,641		61,643		171,383		186,654		753,321
Apr		24,935		(5,402	)		(15,588	)		757,266			6.3	%		24.8	%		5,393			(7,540	)		(2,147	)	Apr		322,165		57,360		169,726		208,015		757,266
May		7,736		(2,885	)		(14,013	)		748,104			(14.5	%)		22.2	%		6,462			(6,782	)		(320	)	May		312,689		54,554		168,118		212,743		748,104
Jun		9,454		(3,273	)		(14,776	)		739,509			(13.8	%)		23.7	%		14,350			(14,053	)		297		Jun		304,969		51,343		166,599		216,598		739,509
Jul		11,894		(11,131	)		(14,336	)		725,936			(22.0	%)		23.3	%		12,369			(15,103	)		(2,734	)	Jul		291,957		48,784		165,089		220,106		725,936
Aug		10,002		(6,312	)		(13,956	)		715,670			(17.0	%)		23.1	%		14,722			(12,720	)		2,002		Aug		283,235		47,374		163,679		221,382		715,670
Sep		15,395		(6,515	)		(14,302	)		710,248			(9.1	%)		24.0	%		9,581			(7,706	)		1,875		Sep		281,865		43,265		162,365		222,753		710,248
Oct		9,052		(3,180	)		(13,257	)		702,863			(12.5	%)		22.4	%		17,046			(13,104	)		3,942		Oct		274,467		42,200		160,893		225,303		702,863
Nov		14,251		(4,742	)		(13,678	)		698,694			(8.2	%)		23.4	%		17,736			(6,749	)		10,987		Nov		267,646		41,164		159,680		230,204		698,694

YTD 2010	$	144,589		($52,212	)		($148,955	)	$	698,694			(8.2	%)		21.5	%	$	114,590			($107,309	)	$	7,281		YTD 2010	$	267,646	$	41,164	$	159,680	$	230,204	$	698,694

Please see Endnotes on page 5.

Page 1 of 5


TABLE 4 - GUARANTEED PCs, STRUCTURED SECURITIES ISSUED, AND OTHER MORTGAGE GUARANTEES ^{1, 9}																			TABLE 5 - OTHER DEBT ACTIVITIES ¹²

																				Original Maturity < 1 Year		Original Maturity > 1 Year

	Issuances			Liquidations ¹⁰			Net Increase/ (Decrease)			Ending Balance ¹¹			Annualized Growth Rate			Annualized Liquidation Rate				Ending Balance		Issuances		Maturities and Redemptions			Repurchases			Foreign Exchange Translation			Ending Balance		Total Debt Outstanding

Nov 2009	$	25,984			($28,973	)		($2,989	)	$	1,860,807			(1.9	%)		18.7	%	Nov 2009	$	231,082	$	19,774		($19,709	)		($250	)	$	102		$	578,137	$	809,219
Dec		39,994			(30,919	)		9,075			1,869,882			5.9	%		19.9	%	Dec		238,293		20,486		(21,429	)		(10,152	)		(262	)		566,780		805,073

Full-Year 2009		475,412			(432,768	)		42,644			1,869,882			2.3	%		23.7	%	Full-Year 2009		238,293		348,679		(276,774	)		(44,708	)		209			566,780		805,073

Jan 2010		36,163			(35,440	)		723			1,870,605			0.5	%		22.7	%	Jan 2010		234,639		28,021		(11,158	)		(500	)		(177	)		582,966		817,605
Feb		29,522			(28,924	)		598			1,871,203			0.4	%		18.6	%	Feb		241,312		32,615		(30,664	)		(70	)		(98	)		584,749		826,061
Mar ⁴		31,011			(96,240	)		(65,229	)		1,805,974			(41.8	%)		61.7	%	Mar		238,249		40,827		(32,357	)		—			(45	)		593,174		831,423
Apr		25,089			(35,019	)		(9,930	)		1,796,044			(6.6	%)		23.3	%	Apr		227,988		25,633		(32,224	)		(1,255	)		(92	)		585,236		813,224
May		24,444			(32,287	)		(7,843	)		1,788,201			(5.2	%)		21.6	%	May		209,790		25,913		(21,851	)		(3,056	)		(369	)		585,873		795,663
Jun		29,226			(30,093	)		(867	)		1,787,334			(0.6	%)		20.2	%	Jun		218,198		42,387		(42,099	)		(500	)		(31	)		585,630		803,828
Jul		26,634			(33,233	)		(6,599	)		1,780,735			(4.4	%)		22.3	%	Jul		205,213		27,636		(45,457	)		—			292			568,101		773,314
Aug		28,489			(36,513	)		(8,024	)		1,772,711			(5.4	%)		24.6	%	Aug		205,557		25,012		(36,311	)		—			(119	)		556,683		762,240
Sep		37,615			(46,630	)		(9,015	)		1,763,696			(6.1	%)		31.6	%	Sep		215,233		21,864		(51,443	)		—			214			527,318		742,551
Oct		38,405			(50,389	)		(11,984	)		1,751,712			(8.2	%)		34.3	%	Oct		200,560		21,126		(23,039	)		(745	)		37			524,697		725,257
Nov		40,652			(51,402	)		(10,750	)		1,740,962			(7.4	%)		35.2	%	Nov		192,887		11,843		(14,729	)		(359	)		(133	)		521,319		714,206

YTD 2010	$	347,250			($476,170	)		($128,920	)	$	1,740,962			(7.5	%)		27.8	%	YTD 2010	$	192,887	$	302,877		($341,332	)		($6,485	)		($521	)	$	521,319	$	714,206



TABLE 6 - DELINQUENCIES - TOTAL ¹³													TABLE 7 - OTHER INVESTMENTS ¹⁴						TABLE 8 - INTEREST-RATE RISK SENSITIVITY DISCLOSURES ¹⁵

	Single-Family									Multifamily										Portfolio Market Value- Level (PMVS-L) (50bp) (dollars in millions)				Portfolio Market Value- Yield Curve (PMVS-YC) (25bp) (dollars in millions)						Duration Gap (Rounded to Nearest Month)

	Non-Credit Enhanced			Credit Enhanced			Total			Total						Ending Balance				Monthly Average		Quarterly Average		Monthly Average			Quarterly Average			Monthly Average			Quarterly Average

Nov 2009		2.90	%		8.35	%		3.83	%		0.19	%	Nov 2009			$	84,821		Nov 2009	$	452		—	$	21			—			0			—
Dec		3.02	%		8.68	%		3.98	%		0.20	%	Dec				90,954		Dec		469		465		28			23			0			0

													Full-Year 2009				90,954		Full-Year 2009		476		—		74			—			0			—

Jan 2010		3.15	%		9.05	%		4.15	%		0.22	%	Jan 2010				111,444		Jan 2010		435		—		18			—			0			—
Feb		3.20	%		9.12	%		4.20	%		0.26	%	Feb				129,127		Feb		474		—		15			—			0			—
Mar		3.18	%		8.87	%		4.13	%		0.25	%	Mar				105,262		Mar		513		476		22			19			0			0
Apr		3.15	%		8.68	%		4.06	%		0.25	%	Apr				85,698		Apr		391		—		20			—			0			—
May		3.15	%		8.69	%		4.06	%		0.32	%	May				77,184		May		455		—		28			—			0			—
Jun		3.08	%		8.50	%		3.96	%		0.28	%	Jun				107,467		Jun		397		413		20			23			0			0
Jul		3.03	%		8.33	%		3.89	%		0.30	%	Jul				91,349		Jul		116		—		31			—			0			—
Aug		2.99	%		8.17	%		3.83	%		0.32	%	Aug				90,592		Aug		57		—		27			—			0			—
Sep		2.97	%		8.13	%		3.80	%		0.35	%	Sep				78,160		Sep		171		114		16			25			0			0
Oct		2.99	%		8.20	%		3.82	%		0.44	%	Oct				66,792		Oct		257		—		13			—			0			—
Nov		3.01	%		8.26	%		3.85	%		0.39	%	Nov				63,589		Nov		467		—		36			—			0			—

													YTD 2010			$	63,589		YTD 2010	$	337		—	$	22			—			0			—

Please see Endnotes on page 5.

Page 2 of 5


TABLE 9 - SERIOUSLY DELINQUENT SINGLE-FAMILY LOANS THREE MONTHLY PAYMENTS PAST DUE IN PC TRUSTS, BY LOAN ORIGINATION YEAR ¹⁶

	As of November 30, 2010 (Unpaid Principal Balances, or UPB, in millions)
	4.0% PC Coupon-Delinquency ¹⁷							4.5% PC Coupon-Delinquency							5.0% PC Coupon-Delinquency							5.5% PC Coupon-Delinquency							6.0% PC Coupon-Delinquency							6.5% PC Coupon-Delinquency							7.0% PC Coupon and over-Delinquency							Total
	UPB ¹⁸		Percent			# of Loans		UPB ¹⁸		Percent			# of Loans		UPB ¹⁸		Percent			# of Loans		UPB ¹⁸		Percent			# of Loans		UPB ¹⁸		Percent			# of Loans		UPB ¹⁸		Percent			# of Loans		UPB ¹⁸		Percent			# of Loans		UPB ¹⁸		Percent			# of Loans

Fixed-rate
30 year maturity—
Loan origination year:
2010	$	1		0.00	%		3	$	8		0.01	%		39	$	27		0.06	%		126	$	4		0.15	%		20	$	0		0.00	%		0	$	0		0.00	%		0		N/A		N/A			N/A	$	40		0.02	%		188
2009		11		0.02	%		47		75		0.04	%		341		69		0.10	%		347		17		0.24	%		97		4		0.35	%		28		0		0.00	%		0		0		0.00	%		0		176		0.06	%		860
2008		1		0.07	%		4		12		0.14	%		48		148		0.33	%		593		255		0.49	%		1,143		197		0.71	%		1,048		63		0.83	%		379		19		1.33	%		138		695		0.51	%		3,353
2007		0		0.74	%		1		6		0.48	%		22		91		0.62	%		385		384		0.72	%		1,803		552		0.92	%		3,026		237		1.31	%		1,559		48		2.10	%		399		1,318		0.92	%		7,195
2006		0		0.00	%		0		1		0.22	%		6		42		0.52	%		191		237		0.69	%		1,113		429		0.81	%		2,350		131		0.95	%		842		16		1.25	%		129		856		0.78	%		4,631
2005		0		0.00	%		0		33		0.32	%		158		230		0.40	%		1,186		264		0.53	%		1,576		92		0.73	%		657		13		1.02	%		98		2		1.80	%		20		634		0.49	%		3,695
2004 and Prior		1		0.15	%		5		19		0.15	%		130		180		0.22	%		1,179		259		0.30	%		1,915		117		0.36	%		1,070		69		0.39	%		782		53		0.43	%		848		698		0.30	%		5,929
15 year maturity—
Loan origination year:
2010		1		0.00	%		5		0		0.01	%		3		0		0.15	%		2		0		0.00	%		0		N/A		N/A			N/A		N/A		N/A			N/A		N/A		N/A			N/A		1		0.01	%		10
2009		3		0.01	%		24		3		0.02	%		25		1		0.06	%		5		0		0.10	%		1		0		0.00	%		0		N/A		N/A			N/A		N/A		N/A			N/A		7		0.02	%		55
2008		0		0.08	%		2		5		0.09	%		29		7		0.10	%		44		4		0.25	%		45		1		0.25	%		15		1		0.53	%		2		0		0.00	%		0		18		0.13	%		137
2007		0		0.00	%		0		1		0.14	%		6		3		0.13	%		24		9		0.23	%		65		6		0.41	%		61		1		0.53	%		8		0		1.40	%		2		20		0.25	%		166
2006		0		0.00	%		0		1		0.20	%		4		4		0.23	%		25		9		0.24	%		77		7		0.29	%		66		0		0.24	%		6		0		0.00	%		0		21		0.25	%		178
2005		0		0.09	%		7		4		0.09	%		35		13		0.16	%		124		6		0.21	%		61		0		0.36	%		9		0		2.08	%		3		0		0.00	%		0		23		0.15	%		239
2004 and Prior		8		0.06	%		103		28		0.06	%		364		29		0.09	%		396		11		0.12	%		215		6		0.12	%		148		2		0.13	%		66		2		0.26	%		79		86		0.09	%		1,371
Initial Interest—
Loan origination year:
2010		N/A		N/A			N/A		N/A		N/A			N/A		N/A		N/A			N/A		N/A		N/A			N/A		N/A		N/A			N/A		N/A		N/A			N/A		N/A		N/A			N/A		N/A		N/A			N/A
2009		N/A		N/A			N/A		N/A		N/A			N/A		N/A		N/A			N/A		0		0.00	%		0		N/A		N/A			N/A		N/A		N/A			N/A		N/A		N/A			N/A		0		0.00	%		0
2008		N/A		N/A			N/A		0		0.00	%		0		1		0.35	%		2		10		1.11	%		35		9		1.15	%		30		3		1.56	%		9		0		0.00	%		0		23		1.09	%		76
2007		0		0.00	%		0		0		1.92	%		2		0		0.25	%		3		58		1.38	%		209		122		1.40	%		454		31		1.99	%		133		2		2.30	%		12		213		1.45	%		813
2006		N/A		N/A			N/A		0		0.00	%		0		1		1.49	%		4		11		1.18	%		42		33		1.66	%		133		14		2.59	%		57		2		3.27	%		9		61		1.71	%		245
2005		N/A		N/A			N/A		0		0.00	%		0		0		0.00	%		0		5		1.26	%		21		4		1.11	%		21		1		1.70	%		4		1		9.09	%		2		11		1.18	%		48
2004 and Prior		N/A		N/A			N/A		0		0.00	%		0		0		0.00	%		0		0		0.95	%		1		0		0.00	%		0		N/A		N/A			N/A		N/A		N/A			N/A		0		0.61	%		1

Combined	$	26		0.02	%		201	$	196		0.05	%		1,212	$	846		0.20	%		4,636	$	1,543		0.43	%		8,439	$	1,579		0.67	%		9,116	$	566		0.74	%		3,948	$	145		0.61	%		1,638	$	4,901		0.30	%		29,190

Adjustable-rate (ARM) ¹⁹
Fully amortizing—
Loan origination year:
2010	$	0		0.00	%		0	$	0		0.00	%		0	$	0		0.00	%		0		N/A		N/A			N/A		N/A		N/A			N/A		N/A		N/A			N/A		N/A		N/A			N/A	$	0		0.00	%		0
2009		0		0.07	%		1		0		0.00	%		0		0		0.00	%		0		0		0.00	%		0		N/A		N/A			N/A		N/A		N/A			N/A		N/A		N/A			N/A		0		0.05	%		1
2008		0		1.12	%		1		5		0.51	%		17		9		0.58	%		37		2		0.48	%		9	$	0		1.79	%		1	$	0		0.00	%		0		0		0.00	%		0		16		0.55	%		65
2007		0		0.00	%		0		0		0.96	%		2		1		0.42	%		2		12		1.32	%		49		16		1.70	%		82		2		1.77	%		13		0		1.79	%		2		31		1.48	%		150
2006		0		0.82	%		1		2		1.36	%		7		2		0.72	%		8		18		0.77	%		84		18		1.12	%		93		7		1.73	%		29		1		2.12	%		5		48		0.99	%		227
2005		1		0.89	%		6		2		0.57	%		12		15		0.49	%		80		6		0.58	%		25		1		0.86	%		3		0		0.00	%		0		0		0.00	%		0		25		0.53	%		126
2004 and Prior		1		0.25	%		6		4		0.27	%		31		7		0.28	%		42		0		0.15	%		3		0		0.17	%		2		0		0.00	%		0		0		0.36	%		1		12		0.26	%		85
Initial Interest—
Loan origination year:
2010		0		0.00	%		0		0		0.00	%		0		N/A		N/A			N/A		N/A		N/A			N/A		N/A		N/A			N/A		N/A		N/A			N/A		N/A		N/A			N/A		0		0.00	%		0
2009		0		0.27	%		1		0		0.00	%		0		0		0.00	%		0		N/A		N/A			N/A		N/A		N/A			N/A		N/A		N/A			N/A		N/A		N/A			N/A		0		0.09	%		1
2008		0		0.00	%		0		11		0.86	%		33		38		0.83	%		126		16		0.83	%		51		0		1.30	%		1		0		0.00	%		0		0		0.00	%		0		65		0.84	%		211
2007		1		2.11	%		2		1		1.06	%		3		14		2.23	%		52		177		1.79	%		632		147		2.16	%		539		8		2.82	%		33		2		3.23	%		9		350		1.97	%		1,270
2006		0		0.91	%		2		1		1.62	%		5		15		1.41	%		52		110		1.53	%		407		153		1.61	%		589		30		2.11	%		130		5		2.56	%		25		314		1.62	%		1,210
2005		5		1.40	%		21		11		1.30	%		46		24		0.97	%		97		22		1.22	%		87		5		1.60	%		19		1		2.03	%		4		0		2.27	%		1		68		1.16	%		275
2004 and Prior		1		0.41	%		1		0		0.00	%		0		0		0.28	%		1		0		0.00	%		0		0		3.45	%		1		0		0.00	%		0		N/A		N/A			N/A		1		0.34	%		3

Combined	$	9		0.52	%		42	$	37		0.57	%		156	$	125		0.70	%		497	$	363		1.37	%		1,347	$	340		1.72	%		1,330	$	48		2.02	%		209	$	8		2.23	%		43	$	930		1.23	%		3,624

Please see Endnotes on page 5.

Page 3 of 5


TABLE 10 - SERIOUSLY DELINQUENT SINGLE-FAMILY LOANS FOUR MONTHLY PAYMENTS PAST DUE IN PC TRUSTS, BY LOAN ORIGINATION YEAR ¹⁶

	As of November 30, 2010 (Unpaid Principal Balances, or UPB, in millions)
	4.0% PC Coupon-Delinquency ¹⁷							4.5% PC Coupon-Delinquency							5.0% PC Coupon-Delinquency							5.5% PC Coupon-Delinquency							6.0% PC Coupon-Delinquency							6.5% PC Coupon-Delinquency							7.0% PC Coupon and over-Delinquency							Total
	UPB ¹⁸		Percent			# of Loans		UPB ¹⁸		Percent			# of Loans		UPB ¹⁸		Percent			# of Loans		UPB ¹⁸		Percent			# of Loans		UPB ¹⁸		Percent			# of Loans		UPB ¹⁸		Percent			# of Loans		UPB ¹⁸		Percent			# of Loans		UPB ¹⁸		Percent			# of Loans

Fixed-rate
30 year maturity—
Loan origination year:
2010	$	0		0.00	%		0	$	4		0.01	%		21	$	17		0.03	%		75	$	3		0.10	%		13	$	0		0.37	%		1	$	0		0.00	%		0		N/A		N/A			N/A	$	24		0.01	%		110
2009		7		0.01	%		24		55		0.03	%		243		45		0.06	%		216		10		0.12	%		48		1		0.11	%		9		0		0.14	%		1	$	0		0.00	%		0		118		0.03	%		541
2008		1		0.07	%		4		10		0.12	%		40		104		0.23	%		416		172		0.34	%		785		144		0.50	%		736		44		0.62	%		280		14		0.92	%		96		489		0.36	%		2,357
2007		0		0.00	%		0		2		0.20	%		9		61		0.41	%		256		276		0.51	%		1,264		383		0.63	%		2,053		154		0.84	%		1,002		31		1.23	%		233		907		0.62	%		4,817
2006		0		1.09	%		1		1		0.15	%		4		34		0.41	%		150		161		0.46	%		749		290		0.55	%		1,592		94		0.68	%		609		12		0.84	%		86		592		0.54	%		3,191
2005		0		0.14	%		1		17		0.18	%		88		165		0.29	%		863		189		0.37	%		1,102		71		0.49	%		446		7		0.56	%		54		1		0.81	%		9		450		0.34	%		2,563
2004 and Prior		0		0.03	%		1		12		0.10	%		82		116		0.14	%		757		161		0.19	%		1,198		69		0.21	%		624		41		0.23	%		457		26		0.21	%		412		425		0.18	%		3,531
15 year maturity—
Loan origination year:
2010		1		0.00	%		5		0		0.00	%		2		0		0.00	%		0		0		0.00	%		0		N/A		N/A			N/A		N/A		N/A			N/A		N/A		N/A			N/A		1		0.00	%		7
2009		2		0.01	%		14		2		0.01	%		10		1		0.03	%		3		0		0.00	%		0		0		0.00	%		0		N/A		N/A			N/A		N/A		N/A			N/A		5		0.01	%		27
2008		0		0.00	%		0		4		0.06	%		20		7		0.11	%		48		2		0.09	%		17		1		0.15	%		9		0		0.26	%		1		0		0.00	%		0		14		0.09	%		95
2007		0		0.00	%		0		1		0.07	%		3		5		0.14	%		26		5		0.14	%		40		4		0.29	%		43		0		0.39	%		6		0		1.40	%		2		15		0.18	%		120
2006		0		0.00	%		0		0		0.05	%		1		1		0.06	%		7		7		0.17	%		56		3		0.16	%		36		1		0.20	%		5		0		0.00	%		0		12		0.15	%		105
2005		0		0.01	%		1		2		0.06	%		22		8		0.11	%		84		4		0.16	%		45		1		0.28	%		7		0		0.00	%		0		0		0.00	%		0		15		0.10	%		159
2004 and Prior		5		0.03	%		53		16		0.03	%		196		15		0.05	%		220		6		0.06	%		102		3		0.07	%		83		1		0.10	%		49		2		0.10	%		31		48		0.05	%		734
Initial Interest—
Loan origination year:
2010		N/A		N/A			N/A		N/A		N/A			N/A		N/A		N/A			N/A		N/A		N/A			N/A		N/A		N/A			N/A		N/A		N/A			N/A		N/A		N/A			N/A		N/A		N/A			N/A
2009		N/A		N/A			N/A		N/A		N/A			N/A		N/A		N/A			N/A		0		0.00	%		0		N/A		N/A			N/A		N/A		N/A			N/A		N/A		N/A			N/A		0		0.00	%		0
2008		N/A		N/A			N/A		0		0.00	%		0		0		0.35	%		2		4		0.32	%		10		8		1.00	%		26		1		0.87	%		5		0		0.00	%		0		13		0.62	%		43
2007		0		0.00	%		0		0		0.96	%		1		2		0.74	%		9		36		0.87	%		132		95		1.14	%		368		25		1.49	%		100		3		2.87	%		15		161		1.12	%		625
2006		N/A		N/A			N/A		0		0.00	%		0		1		1.12	%		3		11		1.24	%		44		24		1.21	%		97		9		1.77	%		39		1		2.55	%		7		46		1.32	%		190
2005		N/A		N/A			N/A		0		0.00	%		0		1		0.72	%		2		2		1.02	%		17		4		0.90	%		17		1		1.28	%		3		0		0.00	%		0		8		0.96	%		39
2004 and Prior		N/A		N/A			N/A		0		0.00	%		0		0		0.00	%		0		0		0.95	%		1		0		3.85	%		1		N/A		N/A			N/A		N/A		N/A			N/A		0		1.21	%		2

Combined	$	16		0.01	%		104	$	126		0.03	%		742	$	583		0.14	%		3,137	$	1,049		0.29	%		5,623	$	1,101		0.45	%		6,148	$	378		0.49	%		2,611	$	90		0.33	%		891	$	3,343		0.20	%		19,256

Adjustable-rate (ARM) ¹⁹
Fully amortizing—
Loan origination year:
2010	$	0		0.00	%		0	$	0		0.00	%		0	$	0		0.00	%		0		N/A		N/A			N/A		N/A		N/A			N/A		N/A		N/A			N/A		N/A		N/A			N/A	$	0		0.00	%		0
2009		0		0.00	%		0		0		0.13	%		1		0		0.00	%		0	$	0		0.00	%		0		N/A		N/A			N/A		N/A		N/A			N/A		N/A		N/A			N/A		0		0.05	%		1
2008		0		1.12	%		1		4		0.39	%		13		8		0.55	%		35		3		0.64	%		12	$	0		0.00	%		0	$	0		0.00	%		0	$	0		0.00	%		0		15		0.52	%		61
2007		0		0.00	%		0		0		0.00	%		0		1		0.42	%		2		5		0.67	%		25		16		1.47	%		71		1		0.68	%		5		0		0.89	%		1		23		1.03	%		104
2006		0		0.82	%		1		1		0.78	%		4		1		0.45	%		5		10		0.48	%		52		11		0.75	%		62		4		1.49	%		25		0		0.85	%		2		27		0.66	%		151
2005		0		0.44	%		3		1		0.43	%		9		8		0.26	%		42		6		0.51	%		22		0		0.86	%		3		0		0.00	%		0		0		0.00	%		0		15		0.33	%		79
2004 and Prior		0		0.04	%		1		3		0.21	%		24		6		0.23	%		34		0		0.10	%		2		0		0.17	%		2		0		0.00	%		0		0		0.00	%		0		9		0.19	%		63
Initial Interest—
Loan origination year:
2010		0		0.00	%		0		0		0.00	%		0		N/A		N/A			N/A		N/A		N/A			N/A		N/A		N/A			N/A		N/A		N/A			N/A		N/A		N/A			N/A		0		0.00	%		0
2009		0		0.00	%		0		0		0.00	%		0		0		0.00	%		0		N/A		N/A			N/A		N/A		N/A			N/A		N/A		N/A			N/A		N/A		N/A			N/A		0		0.00	%		0
2008		0		0.00	%		0		11		0.91	%		35		30		0.68	%		103		11		0.60	%		37		0		1.30	%		1		0		0.00	%		0		0		0.00	%		0		52		0.70	%		176
2007		0		1.05	%		1		1		1.42	%		4		10		1.55	%		36		130		1.36	%		480		117		1.67	%		418		7		2.73	%		32		2		3.94	%		11		267		1.52	%		982
2006		2		2.28	%		5		1		1.62	%		5		8		0.87	%		32		89		1.24	%		330		130		1.39	%		508		31		2.11	%		130		5		2.56	%		25		266		1.39	%		1,035
2005		3		0.67	%		10		10		1.10	%		39		24		0.95	%		95		14		0.81	%		58		1		0.59	%		7		0		0.51	%		1		0		2.27	%		1		52		0.89	%		211
2004 and Prior		1		1.23	%		3		0		0.00	%		0		0		0.28	%		1		0		0.00	%		0		0		0.00	%		0		0		0.00	%		0		N/A		N/A			N/A		1		0.45	%		4

Combined	$	6		0.31	%		25	$	32		0.49	%		134	$	96		0.54	%		385	$	268		1.04	%		1,018	$	275		1.38	%		1,072	$	43		1.86	%		193	$	7		2.07	%		40	$	727		0.98	%		2,867

Please see Endnotes on page 5.

Page 4 of 5

ENDNOTES

(1)

The activity and balances set forth in these tables represent unpaid principal balances, and exclude mortgage loans and mortgage-related securities traded, but not yet settled. For PCs and Structured Securities, the balance reflects security balances based on the monthly PC factor report. Effective January 1, 2010, we adopted amendments to the accounting standards for transfers of financial assets and consolidation of VIEs, which resulted in significant changes to our financial statements. However, we continue to present information in this monthly volume summary on the same basis as prior to January 1, 2010.

(2)

Total mortgage portfolio (Table 1) is defined as guaranteed PCs, Structured Securities issued, and other mortgage guarantees (Table 4) plus the sum of mortgage loans (Table 3) and non-Freddie Mac mortgage-related securities (agency and non-agency) (Table 3).

(3)

Includes sales of non-Freddie Mac mortgage-related securities and multifamily mortgage loans from our mortgage-related investments portfolio.

(4)

On February 10, 2010, we announced that we would begin purchasing substantially all 120 days or more delinquent mortgages from our related fixed-rate and adjustable-rate (ARM) PCs. The purchases of these loans from related PCs were reflected in the PC factor report published on March 4, 2010, and the corresponding principal payments were passed through to fixed-rate and ARM PC holders on March 15 (45-day remittance cycle) and on April 15, 2010 (75-day remittance cycle), respectively. As a result, our total guaranteed PCs and Structured Securities issued (Table 4) include liquidations of approximately $73 billion in March. Liquidations of our total mortgage portfolio (Table 1) do not include these liquidations since the activity represents mortgage loans purchased from PCs.

In April 2010, sales and other activity in Table 1 include the amounts for approximately $18 billion of March mortgage loan purchases related to the (75-day) remittance cycle (where timing differences resulted in a reduction of the PC balance in March without a corresponding increase in the mortgage loan balance). Had these mortgage loan purchases related to the 75-day remittance cycle been reflected in March (similar to the 45-day remittance cycle), the March 2010 total mortgage portfolio’s ending balance and annualized growth rate (Table 1) would have been $2,243,813 million and 0.7%, respectively.

(5)

Includes purchases of PCs and Structured Securities into the mortgage-related investments portfolio that totaled $3,853 million (based on unpaid principal balance) during November 2010. Purchases during 2010 include net additions for delinquent mortgage loans and balloon/reset mortgages purchased out of PC pools. We report net additions for delinquent mortgage loans and balloon/reset mortgages purchased out of PC pools as sales, net of other activity in 2009.

See Endnote 4. In April 2010, purchases in Table 2 include approximately $18 billion of mortgage loan purchases related to the March (75-day) remittance cycle.

(6)

Mortgage purchase agreements reflect trades entered into during the month and include: (a) monthly commitments to purchase mortgage-related securities for our mortgage-related investments portfolio, and (b) the amount of monthly mortgage loan purchase agreements entered into during the month. Substantially all of these commitments are settled by delivery of a mortgage-related security or mortgage loan; the rest are net settled for cash. Our purchase commitments may settle during the same month in which we have entered into the related commitment.

(7)

Mortgage sale agreements reflect trades entered into during the month and include: (a) monthly commitments to sell mortgage-related securities from our mortgage-related investments portfolio, and (b) the amount of monthly mortgage loan sale agreements entered into during the month. Substantially all of these commitments are settled by delivery of a mortgage-related security or mortgage loan; the rest are net settled for cash. Our sales commitments may settle during the same month in which we have entered into the related commitment.

(8)

As of November 30, 2010, we had net unsettled purchase (sale) agreements of approximately $9,865 million. The ending balance of our mortgage-related investments portfolio as of November 30, 2010 after giving effect to these unsettled agreements and assuming we did not enter into any other purchase (sale) agreements after November 30, 2010 would have been $708.6 billion.

(9)

Includes PCs, Structured Securities and other mortgage guarantees, which consist of tax-exempt multifamily housing revenue bonds, HFA bonds, and credit-related commitments with respect to single-family mortgage loans. Excludes Structured Securities for which we have resecuritized our PCs and Structured Securities. Notional balances of interest-only strips are excluded because this table is based on unpaid principal balance.

(10)

Represents principal repayments relating to PCs, Structured Securities and other mortgage guarantees. Also includes our purchases of delinquent mortgage loans and balloon/reset mortgage loans out of PC pools.

(11)

The ending balance of Guaranteed PCs, Structured Securities Issued, and Other Mortgage Guarantees (Table 4) differs from the balance of Total PCs and Structured Securities in our quarterly report on Form 10-Q dated November 3, 2010 because Table 4 excludes unguaranteed tranches of securities issued by Freddie Mac and includes other mortgage guarantees described in Endnote 9.

(12)

Represents the combined balance and activity of our other debt, including securities sold under agreements to repurchase and federal funds purchased, based on the par values of these liabilities.

(13)

Single-family seriously delinquent rate information is based on the number of loans that are three monthly payments or more past due or in foreclosure as of period end while multifamily delinquencies are based on the UPB of mortgage loans that are two monthly payments or more past due or in foreclosure as of period end. Delinquency rates presented in Table 6 include mortgage loans underlying Structured Transactions, but exclude Structured Securities backed by either HFA bonds or Ginnie Mae Certificates as well as mortgage loans whose contractual terms have been modified under an agreement with the borrower as long as the borrower is less than three monthly payments (single-family) or two monthly payments (multifamily) past due under the modified contractual terms. Since we include loans in the HAMP trial period as seriously delinquent in our statistical reporting, this results in a temporary rise in our seriously delinquent rate until the modifications become effective and are removed from seriously delinquent status. The volume of effective modifications impacts our reported seriously delinquent rate. See Tables 9 and 10 for more information about seriously delinquent single-family loans.

(14)

Other Investments exclude amounts related to consolidated variable-interest entities. The balance includes cash and cash equivalents, federal funds sold and securities purchased under agreements to resell, and non-mortgage-related securities. Investments in non-mortgage-related securities are presented at fair value.

(15)

Our primary interest-rate risk measures are PMVS and duration gap. These measures include the impact of our purchases and sales of derivative instruments, which we use to limit our exposure to changes in interest rates. Our PMVS measures are estimates of the amount of average potential pre-tax loss in the market value of our net assets due to parallel (PMVS-L) and non-parallel (PMVS-YC) movements in London Interbank Offered Rates (LIBOR). While we believe that our PMVS and duration gap metrics are useful risk management tools, they should be understood as estimates rather than precise measurements. Methodologies employed to calculate interest-rate risk sensitivity disclosures are periodically changed on a prospective basis to reflect improvements in the underlying estimation processes.

(16)

Excludes loans underlying fixed-rate 20-year, fixed-rate 40-year and balloon PCs, as well as certain conforming jumbo loans underlying non-TBA PCs. As of November 30, 2010, the outstanding UPB of mortgage loans in the categories that were three monthly payments past due was $125 million and that were four or more monthly payments past due was $83 million. An “N/A” indicates there were no PCs issued in the specified PC category or loan origination year. Table 10 excludes loans greater than four monthly payments past due used to establish the November PC factor report, for which PC investors will receive principal payments at the scheduled payment date (45 or 75 day delay, as appropriate).

(17)

Loans in PCs with coupons less than 4.0% have been excluded. As of November 30, 2010, the outstanding UPB of mortgage loans that were three monthly payments and four or more monthly payments past due for this category was $210 million and $1,396 million, respectively.

(18)

Represents loan-level UPB. The loan-level UPB may vary from the fixed-rate PC UPB primarily due to guaranteed principal payments made by Freddie Mac on the PCs. In the case of fixed-rate initial interest PCs, if they have not begun to amortize, there is no variance.

(19)

ARM PC coupons are rounded to the nearest whole or half-percent coupon. For example, the 5.0% PC Coupon category includes ARM PCs with coupons between 4.75% and 5.24%.




		A glossary of selected Monthly Volume Summary terms is available on the Investor Relations page of our website, www.FreddieMac.com/investors.
		The Monthly Volume Summary includes volume and statistical data pertaining to our portfolios. Inquiries should be addressed to our Investor Relations Department, which can be reached by calling (703) 903-3883 or writing to:
		8200 Jones Branch Drive, Mail Stop 486,
		McLean, VA 22102-3110
		or sending an email to shareholder@freddiemac.com.

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FEDERAL HOME LOAN MORTGAGE CORP - FORM 8-K - EX-99.1 - EXHIBIT 99.1 - December 23, 2010

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