Freddie Mac 2010 Annual Report Download - page 2

TABLE OF CONTENTS
PART I
Item 1. Business . . . ...................................................................... 1
Item 1A. Risk Factors . ...................................................................... 38
Item 1B. Unresolved Staff Comments ........................................................... 62
Item 2. Properties. . . ...................................................................... 62
Item 3. Legal Proceedings .................................................................. 62
Item 4. Reserved . . . ...................................................................... 62
PART II
Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity
Securities . ...................................................................... 63
Item 6. Selected Financial Data .............................................................. 65
Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations ............. 66
Mortgage Market and Economic Conditions, and Outlook................................ 66
Consolidated Results of Operations ................................................ 69
Consolidated Balance Sheets Analysis .............................................. 89
Risk Management ............................................................. 107
Liquidity and Capital Resources .................................................. 146
Fair Value Measurements and Analysis ............................................. 153
Off-Balance Sheet Arrangements .................................................. 158
Contractual Obligations ......................................................... 159
Critical Accounting Policies and Estimates ........................................... 160
Risk Management and Disclosure Commitments ...................................... 164
Item 7A. Quantitative and Qualitative Disclosures About Market Risk ................................... 165
Item 8. Financial Statements and Supplementary Data .............................................. 171
Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure ............. 287
Item 9A. Controls and Procedures .............................................................. 287
Item 9B. Other Information .................................................................. 288
PART III
Item 10. Directors, Executive Officers and Corporate Governance ...................................... 290
Item 11. Executive Compensation.............................................................. 298
Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters ..... 324
Item 13. Certain Relationships and Related Transactions, and Director Independence ........................ 326
Item 14. Principal Accounting Fees and Services .................................................. 330
PART IV
Item 15. Exhibits and Financial Statement Schedules ............................................... 332
SIGNATURES ............................................................................. 333
GLOSSARY .............................................................................. 334
EXHIBIT INDEX .......................................................................... E-1
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