General World News

Freddie Mac’s profits fall 14% in Q2 as credit loss provisions climb

Freddie Mac released its second-quarter 2025 earnings on Thursday morning, reporting net income of $2.4 billion from April through June. That marked a decrease of 14% compared to the same period last year, driven primarily by an increase in the provision for credit losses.

At the end of Q2, Freddie‘s net worth was $65 billion.

In the second quarter, the government-sponsored enterprise (GSE) posted net revenue of $5.9 billion, down 1% from Q2 2024. Net interest income climbed 8% to $5.3 billion, driven by ongoing growth in the company’s mortgage portfolio, which grew 2% annually.

Non-interest income, however, dropped 42% to details ⇒

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