Freddie Mac reported net income of $3.8 billion for the second quarter ended June 30, 2026, a 61% increase from $2.4 billion in the prior year period. Net revenues rose 1% to $6.0 billion, driven by higher net interest income partially offset by lower non-interest income. A $0.9 billion benefit for credit losses contributed significantly to earnings, resulting from a credit reserve release in the Single-Family segment due to updated house price scenarios. The company's net worth increased to $78 billion at quarter-end. Freddie Mac provided $128 billion in market liquidity and financed 439,000 homes and rental units, including 54% affordable to low- to moderate-income families in the Single-Family segment. The company operates as a government-sponsored enterprise in the secondary mortgage market.