Federal Home Loan Mortgage 8K Results of Operations and Financial Condition | FMCC 26 Oct 10

Exhibit 99.1


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


TABLE 1 - TOTAL MORTGAGE PORTFOLIO ^{1, 2}																								September 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 7.1% in September. > Single-family refinance-loan purchase and guarantee volume was $31.4 billion in September, reflecting 79% of total mortgage purchases and issuances. > Total number of loan modifications were 17,121 in September 2010 and 131,689 for the nine months ended September 30, 2010. > The aggregate unpaid principal balance (UPB) of our mortgage-related investments portfolio decreased by approximately $5.4 billion. > Total guaranteed PCs and Structured Securities issued decreased at an annualized rate of 6.1% in September. > Our single-family delinquency rate decreased to 3.80% in September. Our multifamily delinquency rate increased to 0.35% in September. > The measure of our exposure to changes in portfolio market value (PMVS-L) averaged $171 million in September. 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.

Sep 2009	$	32,926		($250	)		($31,241	)	$	1,435		$	2,242,702			0.8	%		16.7	%
Oct		32,181		(2,125	)		(28,838	)		1,218			2,243,920			0.7	%		15.4	%
Nov		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	%
Mar⁴		31,044		(18,890	)		(29,080	)		(16,926	)		2,225,654			(9.1	%)		15.6	%
Apr⁴		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	%

YTD 2010	$	276,400		($9,874	)		($324,986	)		($58,460	)	$	2,192,079			(3.5	%)		19.3	%




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

Sep 2009	$	18,844		($3,289	)		($10,793	)	$	784,171			7.3	%		16.6	%	$	15,178			($10,552	)	$	4,626		Sep 2009	$	403,490	$	68,050	$	180,752	$	131,879	$	784,171
Oct		9,188		(12,908	)		(10,399	)		770,052			(21.6	%)		15.9	%		9,106			(7,444	)		1,662		Oct		389,928		69,056		179,065		132,003		770,052
Nov		3,489		(979	)		(10,810	)		761,752			(12.9	%)		16.8	%		8,466			(8,088	)		378		Nov		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

YTD 2010	$	121,286		($44,290	)		($122,020	)	$	710,248			(7.9	%)		21.5	%	$	79,808			($87,456	)		($7,648	)	YTD 2010	$	281,865	$	43,265	$	162,365	$	222,753	$	710,248

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

Sep 2009	$	31,839			($27,893	)	$	3,946		$	1,862,021			2.5	%		18.0	%	Sep 2009	$	241,527	$	12,570		($25,730	)		($2,776	)	$	105		$	584,630	$	826,157
Oct		27,469			(25,694	)		1,775			1,863,796			1.1	%		16.6	%	Oct		235,875		14,650		(18,005	)		(3,109	)		54			578,220		814,095
Nov		25,984			(28,973	)		(2,989	)		1,860,807			(1.9	%)		18.7	%	Nov		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
Mar⁴		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

YTD 2010	$	268,193			($374,379	)		($106,186	)	$	1,763,696			(7.6	%)		26.7	%	YTD 2010	$	215,233	$	269,908		($303,564	)		($5,381	)		($425	)	$	527,318	$	742,551



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

Sep 2009		2.58	%		7.47	%		3.43	%		0.15	%	Sep 2009			$	83,696		Sep 2009	$	566	$	557	$	91		$	95			0			0
Oct		2.75	%		7.93	%		3.65	%		0.18	%	Oct				86,138		Oct		472		—		19			—			0			—
Nov		2.90	%		8.35	%		3.83	%		0.19	%	Nov				84,821		Nov		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

													YTD 2010			$	78,160		YTD 2010	$	332		—	$	22			—			0			—

Please see Endnotes on page 5.

Page 2 of 5


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

	As of September 30, 2010 (Unpaid Principal Balances, or UPB, in millions)
	4.0% PC Coupon-Delinquency¹⁷							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
	UPB¹⁸		Percent			# of Loans		UPB¹⁸		Percent			# of Loans		UPB¹⁸		Percent			# of Loans		UPB¹⁸		Percent			# of Loans		UPB¹⁸		Percent			# of Loans		UPB¹⁸		Percent			# of Loans		UPB¹⁸		Percent			# of Loans		UPB¹⁸		Percent			# of Loans

Fixed-rate
30 year maturity—
Loan origination year:
2010	$	0		0.00	%		0	$	3		0.00	%		15	$	19		0.04	%		88	$	3		0.09	%		12	$	0		0.00	%		0	$	0		0.00	%		0		N/A		N/A			N/A	$	25		0.02	%		115
2009		10		0.01	%		38		79		0.04	%		362		58		0.07	%		283		15		0.18	%		75		3		0.22	%		18		0		0.13	%		1	$	0		3.13	%		1		165		0.05	%		778
2008		0		0.03	%		2		14		0.16	%		61		167		0.34	%		666		287		0.51	%		1,278		206		0.68	%		1,056		73		0.87	%		416		22		1.31	%		142		769		0.51	%		3,621
2007		0		0.00	%		0		5		0.43	%		21		110		0.69	%		457		432		0.73	%		1,955		607		0.96	%		3,305		251		1.33	%		1,662		52		1.98	%		394		1,457		0.94	%		7,794
2006		1		3.33	%		3		2		0.27	%		8		50		0.58	%		226		252		0.67	%		1,165		458		0.81	%		2,472		148		1.00	%		930		17		1.12	%		120		928		0.79	%		4,924
2005		0		0.00	%		0		23		0.21	%		111		249		0.40	%		1,274		303		0.56	%		1,754		109		0.78	%		735		13		0.99	%		99		2		1.47	%		17		699		0.50	%		3,990
2004 and Prior		0		0.09	%		3		22		0.15	%		134		181		0.21	%		1,185		279		0.30	%		2,066		117		0.34	%		1,065		73		0.38	%		799		56		0.45	%		907		728		0.30	%		6,159
15 year maturity—
Loan origination year:
2010		0		0.00	%		1		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		0		0.00	%		3
2009		2		0.01	%		14		2		0.01	%		17		0		0.02	%		2		0		0.00	%		0		0		0.68	%		1		N/A		N/A			N/A		N/A		N/A			N/A		4		0.01	%		34
2008		0		0.08	%		2		6		0.11	%		38		10		0.16	%		71		4		0.18	%		34		2		0.36	%		22		0		0.00	%		0		0		0.00	%		0		22		0.15	%		167
2007		0		0.00	%		0		3		0.33	%		15		3		0.14	%		28		12		0.30	%		89		5		0.32	%		51		1		0.63	%		10		0		1.34	%		2		24		0.27	%		195
2006		0		0.00	%		0		1		0.19	%		4		2		0.18	%		21		9		0.21	%		70		7		0.31	%		72		1		0.38	%		10		0		0.00	%		0		20		0.24	%		177
2005		1		0.11	%		9		6		0.12	%		48		12		0.14	%		115		5		0.20	%		61		1		0.73	%		19		0		0.00	%		0		0		0.00	%		0		25		0.16	%		252
2004 and Prior		8		0.05	%		105		34		0.07	%		411		29		0.09	%		410		12		0.12	%		208		7		0.12	%		148		3		0.16	%		85		2		0.24	%		79		95		0.09	%		1,446
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		0.33	%		2		8		0.78	%		26		12		1.45	%		40		3		1.49	%		9		0		0.00	%		0		23		1.04	%		77
2007		0		0.00	%		0		0		0.92	%		1		5		1.24	%		16		57		1.28	%		204		131		1.42	%		485		38		2.19	%		155		1		2.51	%		14		232		1.48	%		875
2006		N/A		N/A			N/A		0		0.00	%		0		1		0.71	%		2		15		1.42	%		54		36		1.65	%		140		11		2.03	%		47		2		3.34	%		10		65		1.67	%		253
2005		N/A		N/A			N/A		0		0.00	%		0		1		0.68	%		2		7		1.72	%		30		9		1.82	%		36		0		1.25	%		3		0		0.00	%		0		17		1.66	%		71
2004 and Prior		N/A		N/A			N/A		0		0.00	%		0		0		0.00	%		0		0		0.88	%		1		0		3.85	%		1		N/A		N/A			N/A		N/A		N/A			N/A		0		1.16	%		2

Combined	$	22		0.02	%		177	$	200		0.05	%		1,248	$	897		0.20	%		4,848	$	1,700		0.44	%		9,082	$	1,710		0.67	%		9,666	$	615		0.76	%		4,226	$	154		0.61	%		1,686	$	5,298		0.31	%		30,933

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		0.04	%		1
2008		0		1.12	%		1		4		0.51	%		18		9		0.46	%		32		3		0.74	%		15	$	0		1.52	%		1	$	0		0.00	%		0	$	0		0.00	%		0		16		0.53	%		67
2007		0		0.00	%		0		1		1.35	%		3		2		2.03	%		11		12		1.28	%		52		23		2.06	%		107		3		2.47	%		19		1		3.39	%		4		42		1.79	%		196
2006		0		0.00	%		0		1		0.49	%		3		2		0.77	%		7		25		0.92	%		111		18		0.97	%		88		10		2.63	%		47		1		3.16	%		6		57		1.06	%		262
2005		1		0.29	%		3		4		0.44	%		18		18		0.48	%		92		7		0.66	%		36		3		3.01	%		14		0		0.00	%		0		0		0.00	%		0		33		0.54	%		163
2004 and Prior		1		0.20	%		10		5		0.27	%		36		10		0.33	%		53		1		0.20	%		5		0		0.24	%		3		0		0.67	%		3		0		0.34	%		1		17		0.29	%		111
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		0.26	%		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		0.08	%		1
2008		N/A		N/A			N/A		8		0.59	%		24		38		0.73	%		118		19		1.01	%		66		0		1.33	%		1		0		0.00	%		0		0		0.00	%		0		65		0.78	%		209
2007		0		0.00	%		0		3		3.48	%		11		13		1.90	%		49		194		1.82	%		686		157		2.14	%		565		12		3.08	%		45		2		3.93	%		12		381		1.99	%		1,368
2006		1		1.41	%		4		2		2.57	%		8		14		1.47	%		51		110		1.43	%		407		178		1.76	%		691		35		2.30	%		152		5		2.26	%		25		345		1.68	%		1,338
2005		3		0.78	%		8		9		1.02	%		41		48		1.11	%		187		33		1.43	%		130		7		1.60	%		38		0		2.16	%		3		1		2.63	%		3		101		1.22	%		410
2004 and Prior		1		0.65	%		2		0		1.18	%		2		1		0.51	%		2		0		0.00	%		0		0		0.00	%		0		0		0.00	%		0		N/A		N/A			N/A		2		0.58	%		6

Combined	$	7		0.28	%		30	$	37		0.51	%		164	$	155		0.72	%		602	$	404		1.40	%		1,508	$	386		1.79	%		1,508	$	60		2.39	%		269	$	10		2.39	%		51	$	1,059		1.25	%		4,132

Please see Endnotes on page 5.

Page 3 of 5


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

	As of September 30, 2010 (Unpaid Principal Balances, or UPB, in millions)
	4.0% PC Coupon-Delinquency¹⁷							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
	UPB¹⁸		Percent			# of Loans		UPB¹⁸		Percent			# of Loans		UPB¹⁸		Percent			# of Loans		UPB¹⁸		Percent			# of Loans		UPB¹⁸		Percent			# of Loans		UPB¹⁸		Percent			# of Loans		UPB¹⁸		Percent			# of Loans		UPB¹⁸		Percent			# of Loans

Fixed-rate
30 year maturity—
Loan origination year:
2010	$	0		0.00	%		0	$	2		0.00	%		8	$	11		0.02	%		51	$	2		0.09	%		12	$	0		0.00	%		0	$	0		0.00	%		0		N/A		N/A			N/A	$	15		0.01	%		71
2009		8		0.01	%		33		54		0.02	%		228		42		0.05	%		188		10		0.13	%		53		2		0.10	%		8		1		0.39	%		3	$	0		0.00	%		0		117		0.03	%		513
2008		2		0.08	%		5		8		0.08	%		31		106		0.22	%		427		186		0.33	%		834		147		0.46	%		723		50		0.57	%		272		14		0.88	%		96		513		0.34	%		2,388
2007		0		0.74	%		1		1		0.12	%		6		70		0.45	%		296		295		0.51	%		1,365		418		0.66	%		2,271		172		0.88	%		1,092		35		1.33	%		264		991		0.64	%		5,295
2006		1		0.00	%		0		1		0.17	%		5		34		0.38	%		151		166		0.45	%		779		327		0.57	%		1,756		97		0.66	%		618		12		0.91	%		97		638		0.54	%		3,406
2005		0		0.14	%		1		18		0.17	%		89		179		0.29	%		908		186		0.35	%		1,099		73		0.50	%		475		9		0.72	%		72		2		0.87	%		10		467		0.34	%		2,654
2004 and Prior		0		0.06	%		2		11		0.07	%		65		116		0.13	%		744		186		0.20	%		1,341		71		0.21	%		663		38		0.21	%		442		28		0.21	%		432		450		0.18	%		3,689
15 year maturity—
Loan origination year:
2010		1		0.00	%		4		0		0.01	%		3		0		0.08	%		1		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	%		8
2009		1		0.00	%		7		1		0.01	%		10		0		0.03	%		3		1		0.19	%		2		0		0.00	%		0		N/A		N/A			N/A		N/A		N/A			N/A		3		0.01	%		22
2008		0		0.00	%		0		4		0.07	%		24		6		0.09	%		41		1		0.09	%		17		1		0.15	%		9		0		0.26	%		1		0		0.00	%		0		12		0.08	%		92
2007		0		0.00	%		0		1		0.07	%		3		4		0.11	%		22		4		0.13	%		39		3		0.14	%		22		1		0.57	%		9		0		2.68	%		4		13		0.14	%		99
2006		0		0.83	%		1		0		0.05	%		1		1		0.05	%		6		6		0.15	%		51		5		0.21	%		50		1		0.27	%		7		0		0.00	%		0		13		0.16	%		116
2005		1		0.07	%		6		4		0.07	%		30		10		0.11	%		89		3		0.12	%		36		1		0.39	%		10		0		2.63	%		4		0		0.00	%		0		19		0.11	%		175
2004 and Prior		6		0.04	%		76		17		0.04	%		218		16		0.05	%		223		7		0.06	%		99		3		0.05	%		63		1		0.08	%		41		1		0.15	%		48		51		0.05	%		768
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		2.04	%		1		1		0.49	%		3		6		0.51	%		17		7		0.98	%		27		1		0.66	%		4		0		3.13	%		1		15		0.72	%		53
2007		0		9.09	%		1		0		0.00	%		0		3		0.54	%		7		38		0.85	%		135		98		1.09	%		372		22		1.31	%		93		2		2.33	%		13		163		1.05	%		621
2006		N/A		N/A			N/A		0		0.00	%		0		0		0.00	%		0		15		1.32	%		50		23		1.10	%		93		9		1.77	%		41		2		3.01	%		9		49		1.27	%		193
2005		N/A		N/A			N/A		0		0.00	%		0		0		0.34	%		1		4		0.92	%		16		6		1.21	%		24		0		0.00	%		0		0		4.35	%		1		10		0.98	%		42
2004 and Prior		N/A		N/A			N/A		0		0.00	%		0		0		0.00	%		0		0		0.88	%		1		0		0.00	%		0		N/A		N/A			N/A		N/A		N/A			N/A		0		0.58	%		1

Combined	$	20		0.02	%		137	$	122		0.03	%		722	$	599		0.13	%		3,161	$	1,116		0.29	%		5,946	$	1,185		0.46	%		6,566	$	402		0.49	%		2,699	$	96		0.35	%		975	$	3,540		0.20	%		20,206

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		1		0.21	%		3		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		1		0.13	%		3
2008		0		2.25	%		2		4		0.37	%		13		7		0.39	%		27		2		0.44	%		9	$	0		1.52	%		1	$	0		0.00	%		0	$	0		0.00	%		0		13		0.41	%		52
2007		0		0.00	%		0		0		0.45	%		1		0		0.92	%		5		6		0.64	%		26		13		1.15	%		60		3		1.82	%		14		1		3.39	%		4		23		1.01	%		110
2006		0		0.00	%		0		1		0.65	%		4		1		0.55	%		5		15		0.55	%		66		21		1.04	%		94		5		1.46	%		26		1		2.63	%		5		44		0.81	%		200
2005		1		0.29	%		3		2		0.25	%		10		16		0.43	%		82		6		0.62	%		34		1		1.08	%		5		0		8.33	%		1		0		0.00	%		0		26		0.45	%		135
2004 and Prior		1		0.10	%		5		4		0.17	%		23		4		0.18	%		29		0		0.04	%		1		0		0.40	%		5		0		0.22	%		1		0		0.34	%		1		9		0.17	%		65
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		N/A		N/A			N/A		10		0.79	%		32		31		0.59	%		95		9		0.50	%		33		0		1.33	%		1		0		0.00	%		0		0		0.00	%		0		50		0.60	%		161
2007		0		0.00	%		0		1		0.95	%		3		11		1.59	%		41		143		1.34	%		506		111		1.54	%		408		11		2.94	%		43		2		2.62	%		8		279		1.47	%		1,009
2006		1		1.77	%		5		1		1.61	%		5		10		0.98	%		34		84		1.11	%		316		151		1.47	%		576		28		1.91	%		126		4		1.45	%		16		279		1.36	%		1,078
2005		1		0.68	%		7		8		0.82	%		33		41		0.98	%		164		23		1.01	%		92		10		1.85	%		44		0		0.72	%		1		0		0.88	%		1		83		1.02	%		342
2004 and Prior		0		0.00	%		0		0		0.59	%		1		1		0.77	%		3		0		0.00	%		0		0		0.00	%		0		0		0.00	%		0		N/A		N/A			N/A		1		0.39	%		4

Combined	$	5		0.23	%		25	$	31		0.39	%		125	$	122		0.58	%		485	$	288		1.00	%		1,083	$	307		1.42	%		1,194	$	47		1.89	%		212	$	8		1.64	%		35	$	808		0.95	%		3,159

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 $7,903 million (based on unpaid principal balance) during September 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 September 30, 2010, we had net unsettled purchase (sale) agreements of approximately $3,000 million. The ending balance of our mortgage-related investments portfolio as of September 30, 2010, after giving effect to these unsettled agreements and assuming we did not enter into any other purchase (sale) agreements after September 30, 2010 would have been $713.2 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 August 9, 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 delinquencies are 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 mortgages 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 delinquent in our statistical reporting, this results in a temporary rise in our delinquency rate until the modifications become effective and are removed from delinquent status. The volume of effective modifications impacts our reported delinquency rate. See Tables 9 and 10 for more information about single-family delinquencies.

(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 September 30, 2010, the outstanding UPB of mortgage loans in the categories that were three monthly payments past due was $132 million and that were four or more monthly payments past due was $86 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 September 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 September 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 $199 million and $1,308 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, VA22102-3110
		or sending an email to shareholder@freddiemac.com.

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Federal Home Loan Mortgage (FMCC) 8-KResults of Operations and Financial Condition