Freddie Mac’s Single-Family business announced that its Credit Risk Transfer (CRT) program reported Q2 2022 CRT issuance of approximately $6.5 billion, protecting approximately $151 billion in unpaid principal balance (UPB) of single-family mortgages. The final total was a record for a second ...
Read More »Freddie Mac Slaps a Price Tag on STACR Deal
Freddie Mac, in conjunction with J.P. Morgan and BNP Paribas as co-lead managers and bookrunners, recently announced the price of its fourth Structured Agency Credit Risk (STACR) debt note offering at $787.5 million. Mortgages in the reference pool have an unpaid principle balance of $31.6 billion. STACR is an ongoing effort to transfer a portion of its mortgage credit risk to private investors.
Read More »What is the Future of Freddie Mac’s Risk Transfer Policy?
A look back at Freddie Mac's credit risk transferring for this year as well as what the GSE has in store for 2017.
Read More »Freddie Mac Prices Sixth STACR Offering
Freddie Mac recently priced its sixth Structured Agency Credit Risk (STACR) debt notes offering, according to a report from the GSE.
Read More »KBRA Assigns Preliminary Ratings to STACR Notes
Kroll Bond Rating Agency recently reported that they assigned preliminary ratings to nine classes of notes from Freddie Mac’s STACR.
Read More »Freddie Mac Sets Up Sale of Sixth STACR Pool
Freddie Mac intends to sell its sixth offering this year of Structured Agency Credit Risk (STACR) debt notes, pending market conditions.
Read More »Freddie Mac Offloads More Risk to Private Investors
With the first 21 offerings, Freddie Mac’s STACR issuances to date covered 29.38 percent of the agency’s total book of business.
Read More »Freddie Mac Prices Credit Risk Transaction at Nearly a Half Billion Dollars
Freddie Mac has now transferred a substantial portion of credit risk for more than $422 billion in unpaid principal balance on single-family mortgages.
Read More »Freddie Mac Enhances Disclosures for Single-Family Credit Risk Transfer Initiatives
Freddie Mac began its credit risk transfer sharing initiatives in 2013 as a way to transfer a portion of the risk on residential single-family mortgages to private investors and away from taxpayers.
Read More »Private Investors Taking on More of the Risk With Credit Risk Transfer Programs
Two and a half years after launching the first credit risk transfer program, Freddie Mac has succeeded in the transferring of a substantial portion of credit risk on more than $385 billion in single-family mortgages.
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