Freddie Mac 2014 Annual Report Download - page 2

iFreddie Mac
TABLE OF CONTENTS
Page
Table of Contents
PART I
Item 1. Business 1
Item 1A. Risk Factors 30
Item 1B. Unresolved Staff Comments 47
Item 2. Properties 47
Item 3. Legal Proceedings 47
Item 4. Mine Safety Disclosure 48
PART II
Item 5. Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities 48
Item 6. Selected Financial Data 51
Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations 52
Mortgage Market and Economic Conditions, and Outlook 52
Consolidated Results of Operations 54
Consolidated Balance Sheets Analysis 76
Risk Management 92
Liquidity and Capital Resources 125
Fair Value Hierarchy and Valuations 131
Off-Balance Sheet Arrangements 132
Contractual Obligations 133
Critical Accounting Policies and Estimates 134
Risk Management and Disclosure Commitments 136
Item 7A. Quantitative and Qualitative Disclosures About Market Risk 136
Item 8. Financial Statements and Supplementary Data 141
Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure 240
Item 9A. Controls and Procedures 240
Item 9B. Other Information 241
PART III
Item 10. Directors, Executive Officers and Corporate Governance 243
Item 11. Executive Compensation 251
Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters 270
Item 13. Certain Relationships and Related Transactions, and Director Independence 272
Item 14. Principal Accounting Fees and Services 275
PART IV
Item 15. Exhibits and Financial Statement Schedules 276
SIGNATURES 278
GLOSSARY 280
EXHIBIT INDEX E-1