Federal Home Loan Mortgage 8K Results of Operations and Financial Condition | FMCC 30 Apr 10

Exhibit 99.1


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


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

	Purchases and Issuances		Sales and Other Activity ^{3, 4}			Liquidations			Net Increase/ (Decrease)			Ending Balance ⁴			Annualized Growth Rate ⁴			Annualized Liquidation Rate						> The total mortgage portfolio decreased at an annualized rate of 9.1% in March. See endnote 4 for more information. > Refinance-loan purchase and guarantee volume was $23.1 billion in March, up from $22.6 billion in February. > The aggregate unpaid principal balance (UPB) of our mortgage-related investments portfolio was $753.3 billion at March 31, 2010, up from $732.2 billion at February 28, 2010. > Growth in the mortgage-related investments portfolio largely relates to purchases of loans from PCs held by third parties. > The net amount of mortgage-related investments portfolio mortgage purchase (sale) agreements entered into during the month of March totaled $(4,862) million, down from the $(1,997) million entered into during the month of February. > Total guaranteed PCs and Structured Securities issued decreased at an annualized rate of 41.8% in March. > Effective for the March 2010 MVS, we elected to retroactively change the presentation of the delinquency rates presented in Table 6. We now report single-family delinquency rates to include Structured Transactions. Previously, we reported single-family delinquency rates excluding Structured Transactions supplemented with additional delinquency data in the Endnotes. In addition, we now report multifamily delinquency data to include Structured Transactions and based on UPB when they are 60 days or more delinquent. Previously, we reported multifamily delinquency rates based on carrying value, excluding Structured Transactions, when they were 90 days or more delinquent. > Our single-family delinquency rate fell to 4.13% in March, down 7 basis points from February. Our multifamily delinquency rate was 0.24% in March. > The measure of our exposure to changes in portfolio market value (PMVS-L) averaged $513 million in March. Duration gap averaged 0 months. See endnote (16) for further information. > On February 10, 2010, we announced we will purchase substantially all of the single-family mortgage loans that are 120 days or more delinquent from our PCs. See endnote 4 and 5 for further information. > On September 6, 2008, the Director of the Federal Housing Finance Agency (FHFA) appointed FHFA as Conservator of Freddie Mac.

Mar 2009	$	86,085		($4	)		($47,428	)	$	38,653		$	2,246,503			21.0	%		25.8	%
Apr		58,090		(20,222	)		(53,079	)		(15,211	)		2,231,292			(8.1	%)		28.4	%
May		50,223		(5,334	)		(47,890	)		(3,001	)		2,228,291			(1.6	%)		25.8	%
Jun		63,150		(1,065	)		(49,893	)		12,192			2,240,483			6.6	%		26.9	%
Jul		44,052		—			(50,206	)		(6,154	)		2,234,329			(3.3	%)		26.9	%
Aug		47,886		—			(40,948	)		6,938			2,241,267			3.7	%		22.0	%
Sep		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	%
Mar		31,044		(18,890	)		(29,080	)		(16,926	)		2,225,654			(9.1	%)		15.6	%

YTD 2010	$	96,842		($20,000	)		($101,727	)		($24,885	)	$	2,225,654			(4.4	%)		18.1	%




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 ^5,6		Other Activity			Liquidations			Balance			Growth Rate			Liquidation Rate			Agreements ⁷			Agreements ⁸			Agreements ⁹				Securities		Agency		Non-Agency		Loans		Balance

Mar 2009	$	66,574		($6,797	)		($14,709	)	$	867,104			65.8	%		21.5	%	$	80,250			($64,405	)	$	15,845		Mar 2009	$	455,421	$	92,638	$	192,099	$	126,946	$	867,104
Apr		20,982		(42,274	)		(15,522	)		830,290			(50.9	%)		21.5	%		48,057			(47,101	)		956		Apr		435,590		77,563		189,905		127,232		830,290
May		14,724		(7,207	)		(14,376	)		823,431			(9.9	%)		20.8	%		46,382			(41,064	)		5,318		May		431,156		72,355		188,050		131,870		823,431
Jun		26,418		(5,376	)		(14,636	)		829,837			9.3	%		21.3	%		63,240			(53,327	)		9,913		Jun		440,478		72,889		186,195		130,275		829,837
Jul		18,006		(33,343	)		(15,444	)		799,056			(44.5	%)		22.3	%		35,786			(24,773	)		11,013		Jul		412,650		71,145		184,322		130,939		799,056
Aug		9,488		(15,945	)		(13,190	)		779,409			(29.5	%)		19.8	%		32,529			(20,401	)		12,128		Aug		396,217		69,505		182,489		131,198		779,409
Sep		18,844		(3,289	)		(10,793	)		784,171			7.3	%		16.6	%		15,178			(10,552	)		4,626		Sep		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

YTD 2010	$	41,870		($8,772	)		($35,049	)	$	753,321			(1.0	%)		18.6	%	$	16,931			($23,552	)		($6,621	)	YTD 2010	$	333,641	$	61,643	$	171,383	$	186,654	$	753,321

Please see Endnotes on page 5.

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TABLE 4 - TOTAL GUARANTEED PCs AND STRUCTURED SECURITIES ISSUED ^{1, 10}																			TABLE 5 - DEBT ACTIVITIES ¹³

																				Original Maturity< 1 Year		Original Maturity > 1 Year

	Issuances			Liquidations ^{4, 11}			Net Increase/ (Decrease)			Ending Balance ¹²			Annualized Growth Rate			Annualized Liquidation Rate				Ending Balance		Issuances		Maturities and Redemptions			Repurchases			Foreign Exchange Translation			Ending Balance		Total Debt Outstanding

Mar 2009	$	57,684			($44,935	)	$	12,749		$	1,834,820			8.4	%		29.6	%	Mar 2009	$	350,269	$	67,042		($25,637	)	$	0		$	536		$	582,139	$	932,408
Apr		51,068			(49,296	)		1,772			1,836,592			1.2	%		32.2	%	Apr		295,797		44,033		(22,421	)		—			(24	)		603,727		899,524
May		43,733			(44,309	)		(576	)		1,836,016			(0.4	%)		29.0	%	May		277,038		39,435		(27,655	)		—			840			616,347		893,385
Jun		61,137			(46,029	)		15,108			1,851,124			9.9	%		30.1	%	Jun		262,792		21,797		(21,020	)		(22,484	)		(161	)		594,479		857,271
Jul		42,954			(46,155	)		(3,201	)		1,847,923			(2.1	%)		29.9	%	Jul		258,647		13,129		(18,145	)		(3,875	)		66			585,654		844,301
Aug		47,458			(37,306	)		10,152			1,858,075			6.6	%		24.2	%	Aug		253,813		23,353		(6,588	)		(2,026	)		68			600,461		854,274
Sep		31,839			(27,893	)		3,946			1,862,021			2.5	%		18.0	%	Sep		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
Mar		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

YTD 2010	$	96,696			($160,604	)		($63,908	)	$	1,805,974			(13.7	%)		34.4	%	YTD 2010	$	238,249	$	101,463		($74,179	)		($570	)		($320	)	$	593,174	$	831,423



TABLE 6 - DELINQUENCIES - TOTAL ¹⁴													TABLE 7 - OTHER INVESTMENTS						TABLE 8 - INTEREST-RATE RISK SENSITIVITY DISCLOSURES ¹⁶

	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 ¹⁵				Monthly Average		Quarterly Average		Monthly Average			Quarterly Average			Monthly Average			Quarterly Average

Mar 2009		1.75	%		5.37	%		2.41	%		0.12	%	Mar 2009			$	99,414		Mar 2009	$	429	$	328	$	121		$	87			1			1
Apr		1.88	%		5.60	%		2.56	%		0.12	%	Apr				110,947		Apr		493		—		130			—			0			—
May		2.02	%		5.95	%		2.73	%		0.15	%	May				114,498		May		570		—		101			—			0			—
Jun		2.15	%		6.33	%		2.89	%		0.15	%	Jun				73,345		Jun		577		547		40			90			0			0
Jul		2.28	%		6.68	%		3.06	%		0.11	%	Jul				90,749		Jul		556		—		89			—			0			—
Aug		2.43	%		7.08	%		3.24	%		0.12	%	Aug				117,724		Aug		549		—		105			—			0			—
Sep		2.58	%		7.47	%		3.43	%		0.15	%	Sep				83,696		Sep		566		557		91			95			0			0
Oct		2.75	%		7.93	%		3.65	%		0.17	%	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	%		0.19	%	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	%		0.21	%	Jan 2010				111,444		Jan 2010		435		—		18			—			0			—
Feb		3.20	%		9.12	%		4.20	%		0.25	%	Feb				129,127		Feb		474		—		15			—			0			—
Mar		3.18	%		8.87	%		4.13	%		0.24	%	Mar				105,262		Mar		513		476		22			19			0			0

													YTD 2010			$	105,262		YTD 2010	$	476		—	$	19			—			0			—

Please see Endnotes on page 5.

2 of 5


TABLE 9 - 90 to 119-DAY DELINQUENCY - LOANS IN PC POOLS, BY LOAN ORIGINATION YEAR ⁽¹⁷⁾

	As of March 31, 2010 (Unpaid Principal Balances, or UPB, in millions)
	4.0% PC Coupon-Delinquency⁽¹⁸⁾							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⁽¹⁹⁾		Percent⁽²⁰⁾			# of Loans		UPB⁽¹⁹⁾		Percent⁽²⁰⁾			# of Loans		UPB⁽¹⁹⁾		Percent⁽²⁰⁾			# of Loans		UPB⁽¹⁹⁾		Percent⁽²⁰⁾			# of Loans		UPB⁽¹⁹⁾		Percent⁽²⁰⁾			# of Loans		UPB⁽¹⁹⁾		Percent⁽²⁰⁾			# of Loans		UPB⁽¹⁹⁾		Percent⁽²⁰⁾			# of Loans		UPB⁽¹⁹⁾		Percent⁽²⁰⁾			# of Loans

Fixed-rate
30 year maturity—
Loan origination year:
2009	$	6		0.01	%		25	$	48		0.02	%		197	$	33		0.04	%		156	$	13		0.13	%		59	$	5		0.26	%		22	$	0		0.00	%		0	$	0		0.00	%		0	$	105		0.03	%		459
2008		0		0.03	%		2		12		0.10	%		41		198		0.33	%		758		387		0.55	%		1,602		304		0.80	%		1,426		107		1.14	%		551		34		1.54	%		193		1,042		0.56	%		4,573
2007		0		0.00	%		0		7		0.47	%		26		133		0.71	%		543		571		0.82	%		2,531		874		1.13	%		4,461		369		1.58	%		2,219		73		2.28	%		520		2,027		1.09	%		10,300
2006		0		0.00	%		0		2		0.26	%		9		63		0.61	%		273		355		0.79	%		1,585		650		0.94	%		3,319		210		1.19	%		1,269		23		1.34	%		160		1,303		0.92	%		6,615
2005		0		0.00	%		0		38		0.29	%		173		354		0.50	%		1,757		420		0.66	%		2,320		159		0.95	%		987		22		1.39	%		151		2		1.04	%		12		995		0.61	%		5,400
2004 and Prior		1		0.25	%		7		29		0.16	%		158		239		0.24	%		1,484		386		0.35	%		2,683		175		0.43	%		1,464		93		0.43	%		971		75		0.50	%		1,082		998		0.35	%		7,849
15 year maturity—
Loan origination year:
2009		3		0.01	%		15		2		0.01	%		12		0		0.03	%		2		0		0.19	%		1		0		0.00	%		0		N/A		N/A			N/A		N/A		N/A			N/A		5		0.01	%		30
2008		0		0.03	%		1		8		0.11	%		46		12		0.15	%		80		5		0.20	%		44		2		0.35	%		24		0		0.24	%		1		0		0.00	%		0		27		0.15	%		196
2007		0		0.49	%		1		2		0.15	%		8		7		0.20	%		46		14		0.30	%		102		9		0.45	%		80		1		0.80	%		14		0		0.62	%		1		33		0.31	%		252
2006		0		0.00	%		0		1		0.21	%		5		6		0.28	%		38		13		0.26	%		99		12		0.39	%		103		1		0.39	%		11		0		0.00	%		0		33		0.31	%		256
2005		1		0.12	%		11		9		0.15	%		69		19		0.21	%		183		9		0.25	%		83		2		0.59	%		16		0		0.69	%		1		0		0.00	%		0		40		0.20	%		363
2004 and Prior		13		0.06	%		134		46		0.08	%		515		46		0.11	%		589		17		0.13	%		245		9		0.14	%		198		4		0.17	%		104		2		0.23	%		87		137		0.10	%		1,872
Initial Interest—
Loan origination year:
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		0.30	%		2		13		1.06	%		40		15		1.63	%		53		3		1.54	%		11		0		2.38	%		1		32		1.26	%		107
2007		0		0.00	%		0		0		0.00	%		0		4		0.97	%		14		93		1.72	%		314		207		1.85	%		741		50		2.26	%		192		7		4.46	%		31		361		1.87	%		1,292
2006		N/A		N/A			N/A		0		4.55	%		1		1		0.98	%		3		22		1.74	%		77		45		1.75	%		173		13		2.11	%		58		2		3.36	%		12		83		1.83	%		324
2005		N/A		N/A			N/A		0		0.00	%		0		0		0.00	%		0		7		1.43	%		28		9		1.71	%		38		1		1.52	%		4		0		6.90	%		2		17		1.50	%		72
2004 and Prior		N/A		N/A			N/A		0		0.00	%		0		0		0.00	%		0		1		3.13	%		4		0		0.00	%		0		N/A		N/A			N/A		N/A		N/A			N/A		1		2.08	%		4

Combined	$	24		0.03	%		196	$	204		0.06	%		1,260	$	1,116		0.24	%		5,928	$	2,326		0.51	%		11,817	$	2,477		0.81	%		13,105	$	874		0.91	%		5,557	$	218		0.69	%		2,101	$	7,239		0.39	%		39,964

Adjustable-rate (ARM)⁽²¹⁾
Fully amortizing—
Loan origination year:
2009	$	0		0.06	%		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		0.00	%		0		7		0.54	%		24		14		0.59	%		48		2		0.37	%		9	$	0		2.35	%		2	$	0		0.00	%		0	$	0		0.00	%		0		23		0.55	%		83
2007		0		0.00	%		0		0		0.54	%		1		2		0.92	%		8		17		1.53	%		77		28		2.01	%		128		7		3.45	%		33		1		2.41	%		4		55		1.86	%		251
2006		0		1.01	%		1		0		0.00	%		0		4		1.14	%		19		37		1.12	%		167		31		1.33	%		139		11		2.47	%		55		1		2.94	%		7		84		1.31	%		388
2005		4		0.93	%		17		13		0.53	%		66		35		0.57	%		172		20		1.27	%		99		5		3.67	%		28		0		0.00	%		0		0		0.00	%		0		77		0.72	%		382
2004 and Prior		3		0.40	%		19		13		0.32	%		83		10		0.28	%		53		1		0.25	%		8		0		0.50	%		7		0		0.33	%		2		0		0.00	%		0		27		0.31	%		172
Initial Interest:
Loan origination year:
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		9		0.60	%		26		52		0.89	%		172		19		0.77	%		59		0		2.50	%		2		0		0.00	%		0		0		0.00	%		0		80		0.83	%		259
2007		1		5.66	%		6		2		2.49	%		10		20		2.53	%		75		263		2.09	%		911		244		2.49	%		879		19		3.55	%		69		5		5.47	%		21		554		2.33	%		1,971
2006		3		2.23	%		9		1		1.67	%		5		21		1.90	%		72		171		1.77	%		607		291		2.28	%		1,097		74		3.74	%		315		13		4.47	%		66		574		2.25	%		2,171
2005		9		1.15	%		37		27		1.18	%		107		89		1.24	%		358		65		1.83	%		274		22		2.93	%		107		2		6.29	%		11		1		2.17	%		3		215		1.49	%		897
2004 and Prior		3		1.10	%		13		0		0.60	%		2		2		1.32	%		8		0		0.49	%		1		0		0.00	%		0		0		0.00	%		0		N/A		N/A			N/A		5		1.02	%		24

Combined	$	23		0.74	%		103	$	72		0.54	%		324	$	249		0.85	%		985	$	595		1.65	%		2,212	$	621		2.25	%		2,389	$	113		3.37	%		485	$	21		3.65	%		101	$	1,694		1.48	%		6,599

Please see Endnotes on page 5.

3 of 5


TABLE 10 - 120-DAY OR MORE DELINQUENCY - LOANS IN PC POOLS, BY LOAN ORIGINATION YEAR ⁽¹⁷⁾

	As of March 31, 2010 (Unpaid Principal Balances, or UPB, in millions)
	4.0% PC Coupon-Delinquency⁽¹⁸⁾							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⁽¹⁹⁾		Percent⁽²⁰⁾			# of Loans		UPB⁽¹⁹⁾		Percent⁽²⁰⁾			# of Loans		UPB⁽¹⁹⁾		Percent⁽²⁰⁾			# of Loans		UPB⁽¹⁹⁾		Percent⁽²⁰⁾			# of Loans		UPB⁽¹⁹⁾		Percent⁽²⁰⁾			# of Loans		UPB⁽¹⁹⁾		Percent⁽²⁰⁾			# of Loans		UPB⁽¹⁹⁾		Percent⁽²⁰⁾			# of Loans		UPB⁽¹⁹⁾		Percent⁽²⁰⁾			# of Loans

Fixed-rate
30 year maturity—
Loan origination year:
2009	$	4		0.01	%		16	$	33		0.01	%		138	$	23		0.02	%		100	$	5		0.06	%		26	$	2		0.13	%		11	$	0		0.00	%		0	$	0		0.00	%		0	$	67		0.02	%		291
2008		0		0.03	%		2		11		0.09	%		38		129		0.22	%		498		252		0.36	%		1,047		190		0.51	%		905		70		0.76	%		370		26		1.13	%		142		678		0.37	%		3,002
2007		0		0.00	%		0		3		0.27	%		15		71		0.38	%		286		375		0.54	%		1,653		571		0.74	%		2,928		251		1.06	%		1,493		51		1.60	%		365		1,322		0.71	%		6,740
2006		0		1.10	%		1		2		0.20	%		7		45		0.43	%		190		236		0.53	%		1,069		412		0.61	%		2,138		141		0.81	%		864		17		0.98	%		117		853		0.61	%		4,386
2005		1		0.60	%		4		26		0.20	%		115		232		0.33	%		1,160		280		0.44	%		1,542		102		0.58	%		602		11		0.77	%		84		1		0.96	%		11		653		0.40	%		3,518
2004 and Prior		0		0.04	%		1		16		0.10	%		95		159		0.15	%		944		243		0.22	%		1,638		98		0.25	%		846		54		0.25	%		564		38		0.25	%		542		608		0.20	%		4,630
15 year maturity—
Loan origination year:
2009		0		0.00	%		3		1		0.01	%		7		0		0.01	%		1		0		0.00	%		0		0		0.00	%		0		N/A		N/A			N/A		N/A		N/A			N/A		1		0.00	%		11
2008		0		0.00	%		0		4		0.06	%		24		8		0.09	%		47		4		0.12	%		26		2		0.23	%		16		0		0.71	%		3		0		0.00	%		0		18		0.09	%		116
2007		0		0.00	%		0		1		0.10	%		5		4		0.12	%		27		10		0.19	%		65		5		0.25	%		44		1		0.23	%		4		0		1.24	%		2		21		0.18	%		147
2006		0		0.00	%		0		0		0.08	%		2		3		0.18	%		24		9		0.17	%		67		8		0.26	%		68		0		0.21	%		6		0		0.00	%		0		20		0.20	%		167
2005		1		0.05	%		5		4		0.08	%		35		10		0.11	%		94		7		0.21	%		68		1		0.44	%		12		0		0.00	%		0		0		0.00	%		0		23		0.12	%		214
2004 and Prior		9		0.04	%		82		28		0.05	%		293		28		0.06	%		339		10		0.08	%		150		6		0.08	%		109		2		0.09	%		51		2		0.15	%		56		85		0.06	%		1,080
Initial Interest—
Loan origination year:
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		0.15	%		1		7		0.63	%		24		12		1.32	%		43		3		1.54	%		11		1		7.14	%		3		23		0.96	%		82
2007		0		0.00	%		0		0		0.00	%		0		4		1.04	%		15		52		1.01	%		185		156		1.47	%		591		41		1.92	%		163		4		2.88	%		20		257		1.41	%		974
2006		N/A		N/A			N/A		0		0.00	%		0		0		0.33	%		1		14		1.11	%		49		33		1.37	%		135		11		1.86	%		51		3		4.20	%		15		61		1.41	%		251
2005		N/A		N/A			N/A		0		0.00	%		0		1		0.92	%		3		4		0.97	%		19		7		1.58	%		35		1		1.14	%		3		0		3.45	%		1		13		1.27	%		61
2004 and Prior		N/A		N/A			N/A		0		0.00	%		0		0		0.00	%		0		0		1.56	%		2		0		0.00	%		0		N/A		N/A			N/A		N/A		N/A			N/A		0		1.04	%		2

Combined	$	15		0.02	%		114	$	129		0.04	%		774	$	717		0.15	%		3,730	$	1,508		0.33	%		7,630	$	1,605		0.52	%		8,483	$	586		0.60	%		3,667	$	143		0.42	%		1,274	$	4,703		0.25	%		25,672

Adjustable-rate (ARM)⁽²¹⁾
Fully amortizing—
Loan origination year:
2009	$	0		0.00	%		0	$	0		0.11	%		1	$	0		2.00	%		1	$	0		0.00	%		0		N/A		N/A			N/A		N/A		N/A			N/A		N/A		N/A			N/A	$	0		0.08	%		2
2008		0		0.00	%		0		5		0.40	%		18		8		0.38	%		31		4		0.66	%		16		0		0.00	%		0		0		0.00	%		0		0		0.00	%		0		17		0.43	%		65
2007		0		0.00	%		0		0		0.54	%		1		1		0.80	%		7		11		0.97	%		49		25		1.79	%		114		5		2.51	%		24		1		1.81	%		3		43		1.45	%		198
2006		1		2.02	%		2		0		0.00	%		0		1		0.24	%		4		30		0.94	%		141		24		1.06	%		111		8		2.11	%		47		1		2.52	%		6		65		1.04	%		311
2005		1		0.22	%		4		11		0.46	%		57		30		0.50	%		150		12		0.69	%		54		3		1.97	%		15		0		0.00	%		0		0		0.00	%		0		57		0.53	%		280
2004 and Prior		2		0.38	%		18		11		0.26	%		67		7		0.22	%		43		0		0.16	%		5		0		0.29	%		4		0		0.00	%		0		0		0.28	%		1		20		0.25	%		138
Initial Interest:
Loan origination year:
2009		0		0.00	%		0		0		0.00	%		0		0		0.56	%		1		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		0.07	%		1
2008		0		0.00	%		0		6		0.46	%		20		37		0.62	%		119		14		0.65	%		50		0		1.25	%		1		0		0.00	%		0		0		0.00	%		0		57		0.61	%		190
2007		0		0.00	%		0		2		1.74	%		7		10		1.35	%		40		193		1.54	%		674		197		2.01	%		709		11		2.63	%		51		5		4.95	%		19		418		1.77	%		1,500
2006		2		1.73	%		7		1		1.00	%		3		13		1.21	%		46		115		1.24	%		424		199		1.55	%		747		60		3.02	%		254		10		3.32	%		49		400		1.58	%		1,530
2005		6		0.84	%		27		18		0.80	%		73		69		0.98	%		282		49		1.34	%		200		17		2.05	%		75		1		2.86	%		5		1		3.62	%		5		161		1.11	%		667
2004 and Prior		2		0.59	%		7		0		0.60	%		2		0		0.16	%		1		0		0.00	%		0		0		0.00	%		0		0		42.86	%		3		N/A		N/A			N/A		2		0.55	%		13

Combined	$	14		0.47	%		65	$	54		0.42	%		249	$	176		0.63	%		725	$	428		1.20	%		1,613	$	465		1.67	%		1,776	$	85		2.67	%		384	$	18		3.00	%		83	$	1,240		1.10	%		4,895

Please see Endnotes on page 5.

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 reported security balances and not the unpaid principal of the underlying mortgage loans. The mortgage-related investments portfolio amounts set forth in this report exclude premiums, discounts, deferred fees, impairments of unpaid principal balances and other basis adjustments, the allowance for loan losses on mortgage loans held-for-investment, and unrealized gains or losses on mortgage-related securities. Effective January 1, 2010, we adopted amendments to the accounting standards for transfers of financial assets and consolidation of VIEs. 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 total guaranteed PCs and Structured Securities issued (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, which totaled approximately $73 billion. 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. Our total guaranteed PCs and Structured Securities issued (Table 4) include liquidations of approximately $73 billion in March, consistent with the PC factor report published on March 4, 2010. March liquidations of our total mortgage portfolio (Table 1) do not include these liquidations since the activity represents mortgage loans purchased from PCs. For approximately $18 billion of March mortgage loan purchases related to the 75-day remittance cycle (where timing differences result in a reduction of the PC balance without a corresponding increase in the mortgage loan balance) the amounts have been included in sales and other activity in Table 1.

Had these mortgage loan purchases related to the 75-day remittance cycle been reflected in March (similar to the 45-day remittance cycle), the total mortgage portfolio’s ending balance and annualized growth rate (Table 1) would have been $2,243,813 million and 0.7%, respectively.

(5)

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, which totaled approximately $73 billion. The purchases of these loans from related PCs were reflected in the PC factor report published on March 4, 2010. To the extent that the purchases of mortgage loans from PCs relate to PCs held in the mortgage-related investments portfolio, they are not reflected as purchase activity in Table 2. Approximately $18 billion of these purchases relate to the 75-day remittance cycle and are not reflected as a purchase in our mortgage-related investments portfolio (Table 2) as cash payments occurred in April. Accordingly, April 2010’s purchases will include the cash payments related to the 75-day remittance cycle.

(6)

Includes purchases of Freddie Mac PCs and Structured Securities into the mortgage-related investments portfolio that totaled $1,984 million (based on unpaid principal balance) during March 2010. Beginning in March 2010, we classified net additions for delinquent mortgage loans and balloon/reset mortgages purchased out of PC pools as purchases. January and February 2010’s purchases have also been revised (previously amounts were reported as sales, net of other activity).

(7)

Mortgage purchase agreements reflects trades entered into during the month and includes: (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.

(8)

Mortgage sale agreements reflects trades entered into during the month and includes: (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.

(9)

As of March 31, 2010, we had net unsettled purchase (sale) agreements of approximately ($2,160) billion. The ending balance of our mortgage-related investments portfolio as of March 31, 2010, after giving effect to these unsettled agreements and assuming we did not enter any other purchase (sale) agreements after March 31, 2010, would have been $751.2 billion.

(10)

Includes PCs, Structured Securities and tax-exempt multifamily housing revenue bonds and HFA bonds for which we provide a guarantee, as well as credit-related commitments with respect to single-family mortgage loans and HFA bonds held by third parties. Excludes Structured Securities for which we have resecuritized our PCs and Structured Securities. These resecuritized securities do not increase our credit-related exposure and consist of single-class Structured Securities backed by PCs, Structured Securities and principal-only strips. Notional balances of interest-only strips are excluded because this table is based on unpaid principal balance. Some of the excluded securities are modifiable and combinable REMIC tranches, where the holder has the option to exchange the security tranches for other pre-defined security tranches. Additional information concerning our guarantees issued through resecuritization can be found in our annual report on Form 10-K, dated February 24, 2010.

(11)

Represents principal repayments relating to PCs and Structured Securities, including those backed by non-Freddie Mac mortgage-related securities, securities issued by others that we guarantee, and single-family mortgage loans held by third parties that we guarantee. Also includes our purchases of delinquent mortgage loans and balloon/reset mortgage loans out of PC pools.

(12)

As of March 31, 2010, the ending balance of our PCs and Structured Securities, excluding outstanding long-term standby commitments, would have been $1,801 billion in Table 4.

(13)

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

(14)

Single-family delinquencies are based on the number of mortgages 90 days or more delinquent or in foreclosure as of period end while multifamily delinquencies are based on the UPB of mortgages 60 days or more delinquent 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 90 days delinquent under the modified contractual terms. Additional information concerning Structured Transactions can be found in our annual report on Form 10-K, dated February 24, 2010. Also see Tables 9 and 10 for more information about single-family delinquencies.

(15)

Other Investments consists of our cash and other investments portfolio, which as of March 31, 2010 consists of: $55.5 billion of cash and cash equivalents; $16.7 billion of federal funds sold and securities purchased under agreements to resell; and $33.1 billion of non-mortgage investments. Investments in non-mortgage securities are presented at fair value.

(16)

Our PMVS and duration gap measures provide useful estimates of key interest-rate risk and 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) changes 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.

(17)

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 March 31, 2010, the outstanding UPB of mortgage loans in the categories that were 90 to 119 days delinquent was $197 million and that were 120 days or more delinquent was $130 million. An “N/A” indicates there were no loans underlying PCs issued in the specified PC category. Table 10 excludes loans greater than 120 days delinquent used to establish the April PC-factor, for which PC investors will receive principal payments at the scheduled payment date (45 or 75 day delay, as appropriate).

(18)

Loans in PCs with coupons less than 4.0% have been excluded. As of March 31, 2010, the outstanding UPB of mortgage loans that were 90 to 119 days delinquent for this category was $165 million and that were 120 days or more delinquent for this category was $1,331 million.

(19)

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.

(20)

Delinquency rates (percent) are based on the number of loans in each category.

(21)

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.

5 of 5

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