Freddie Mac 2009 Annual Report Download - page 182

Table 77 provides information about our segment portfolios at December 31, 2009, 2008 and 2007.
Table 77 — Segment Portfolio Composition
2009 2008 2007
December 31,
(in millions)
Segment Portfolios:
Investments — Mortgage-related investments portfolio:
Single-family mortgage loans ................................................. $ 54,878 $ 38,755 $ 24,589
Guaranteed PCs and Structured Securities in the mortgage-related investments portfolio . . . . . . . . . 374,362 424,220 356,731
Non-Freddie Mac mortgage-related securities in the mortgage-related investments portfolio . . . . . . . 179,330 203,829 215,827
Total Investments — Mortgage-related investments portfolio .............................. 608,570 666,804 597,147
Single-family Guarantee — Credit guarantee portfolio:
Single-family PCs and Structured Securities in the mortgage-related investments portfolio . . . . . . . . 354,425 405,375 343,071
Single-family PCs and Structured Securities held by third parties
(1)
....................... 1,470,231 1,381,531 1,363,613
Single-Family Structured Transactions in the mortgage-related investments portfolio . . .......... 18,227 17,072 11,220
Single-Family Structured Transactions held by third parties
(2)
........................... 8,727 6,513 8,103
Single-Family Structured Transactions backed by Ginnie Mae Certificates . . . ................ 949 1,089 1,268
Total Single-family Guarantee — Credit guarantee portfolio .............................. 1,852,559 1,811,580 1,727,275
Multifamily — Guarantee portfolio:
Multifamily PCs and Structured Securities
(1)
....................................... 14,277 14,829 10,658
Multifamily Structured Transactions
(2)
........................................... 3,046 829 900
Total Multifamily — Guarantee portfolio ........................................... 17,323 15,658 11,558
Multifamily-investment securities portfolio .......................................... 62,764 65,237 66,097
Multifamily-loan portfolio ..................................................... 83,938 72,721 57,569
Total Multifamily portfolios .................................................... 164,025 153,616 135,224
Less: Guaranteed PCs and Structured Securities in the mortgage-related investments portfolio
(3)
. . . . . (374,615) (424,524) (356,970)
Total mortgage portfolio ..................................................... $2,250,539 $2,207,476 $2,102,676
(1) At December 31, 2009, includes $802 million of single-family guarantees and $14 million of multifamily guarantees issued under the TCLFI. This
program was initiated in 2009.
(2) At December 31, 2009, includes $3.1 billion of single-family Structured Transactions and $391 million of multifamily Structured Transactions issued
under the NIBI. This program was initiated in 2009.
(3) The amount of our PCs and Structured Securities in the mortgage-related investments portfolio is included in both our segments’ mortgage-related and
guarantee portfolios and thus deducted in order to reconcile to our total mortgage portfolio. These securities are managed by the Investments segment,
which receives related interest income; however, the Single-family and Multifamily segments receive associated management and guarantee fees on
these securities.
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