FMCC Freddie Mac

STACR REMIC Trust Notes Receive NAIC Price Breakpoints

STACR REMIC Trust Notes Receive NAIC Price Breakpoints

McLEAN, Va., Aug. 07, 2020 (GLOBE NEWSWIRE) -- (OTCQB: FMCC) today announced that its (Structured Agency Credit Risk) REMIC Trust 2019-DNA4 notes have received price breakpoints for the 2019 filing year.  

Freddie Mac engaged NAIC Structured Securities Group (SSG) to evaluate STACR REMIC Trust transactions issued in 2019 and STACR Trust (DNA/HQA) transactions issued in 2018 and 2019 for year-end 2019. The year-end 2019 results of NAIC Structured Securities Group (SSG) analysis for STACR REMIC Trust 2019-HQA4 is expected within the next few weeks. NAIC Structured Securities Group (SSG) is also in process of evaluating the 2018 and 2019 STACR Trust (DNA/HQA) transactions.

The 2019-DNA4 offering was Freddie Mac’s first STACR REMIC Trust structure. In a STACR REMIC Trust structure, notes are issued by a trust that is treated as a Real Estate Mortgage Investment Conduit (REMIC). The trust pays interest (uncapped LIBOR floater) and principal (less credit and/or modification losses) to noteholders on a monthly basis. The performance of the STACR REMIC Trust securities is dependent upon the credit and prepayment performance of the reference obligations. The 2019 year-end NAIC price breakpoints for STACR REMIC Trust 2019-DNA4 can be found at .

 NAIC Designations are the specific alphanumeric symbols in use by the NAIC SVO to denote a category of credit quality. The NAIC's Structured Securities Group (SSG) is responsible for the day-to-day credit quality assessment and valuation of securities owned by state regulated insurance companies. The SVO conducts credit analysis on these securities for the purpose of assigning an NAIC designation and/or unit price. The NAIC designation categories are described on the NAIC’s SSG .

About Freddie Mac Single-Family Credit Risk Transfer

Freddie Mac’s Single-Family CRT programs transfer credit risk away from U.S. taxpayers to global private capital via securities and (re)insurance policies. We founded the GSE Single-Family CRT market when we issued our first Structured Agency Credit Risk (STACR®) notes in July 2013. In November 2013, we introduced our Agency Credit Insurance Structure (ACIS®) program. Today, CRT serves as the primary source of private capital investment in residential mortgage credit. For specific STACR and ACIS transaction data, please visit Clarity, our CRT data intelligence portal.

About Freddie Mac

Freddie Mac makes home possible for millions of families and individuals by providing mortgage capital to lenders. Since our creation by Congress in 1970, we’ve made housing more accessible and affordable for homebuyers and renters in communities nationwide. We are building a better housing finance system for homebuyers, renters, lenders, investors and taxpayers. Learn more at , Twitter @ and Freddie Mac’s blog .

MEDIA CONTACT: Fred Solomon

703-903-3861

 

INVESTOR CONTACT: Christian Valencia

571-382-3727

EN
07/08/2020

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Freddie Mac

 PRESS RELEASE

Mortgage Rates Increase

Mortgage Rates Increase MCLEAN, Va., Oct. 02, 2025 (GLOBE NEWSWIRE) -- (OTCQB: FMCC) today released the results of its (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.34%. “The 30-year fixed-rate mortgage increased again this week but remains below its 52-week average of 6.71%,” said Sam Khater, Freddie Mac’s Chief Economist. “The last few months have brought lower rates and as indicated by the recently reported increase in pending home sales, homebuyers are feeling more confident to get into the market.” News Facts The averaged 6.34% as of October 2, 2...

 PRESS RELEASE

Freddie Mac Issues Monthly Volume Summary for August 2025

Freddie Mac Issues Monthly Volume Summary for August 2025 MCLEAN, Va., Sept. 25, 2025 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today posted to its website its for August 2025, which provides information on Freddie Mac’s mortgage-related portfolios, securities issuance, risk management, delinquencies, debt activities and other investments. Freddie Mac’s mission is to make home possible for families across the nation. We promote liquidity, stability and affordability in the housing market throughout all economic cycles. Since 1970, we have helped tens of millions of families buy, ren...

 PRESS RELEASE

Freddie Mac Announces $487 million Non-Performing Loan Sale

Freddie Mac Announces $487 million Non-Performing Loan Sale Includes one Extended Timeline Pool Offering Targeting Smaller Investors MCLEAN, Va., Sept. 25, 2025 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) announced today it will offer approximately $487 million in non-performing loans (NPL) for sale via auction. The NPLs being offered consist of seasoned, deeply delinquent residential first lien whole loans held in Freddie Mac’s mortgage-related investments portfolio. The NPLs are currently serviced by Select Portfolio Servicing Inc., Newrez LLC, d/b/a Shellpoint Mortgage Servicing, S...

 PRESS RELEASE

Mortgage Rates Inch Up

Mortgage Rates Inch Up MCLEAN, Va., Sept. 25, 2025 (GLOBE NEWSWIRE) -- (OTCQB: FMCC) today released the results of its (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.30%. “Following several weeks of decline, mortgage rates inched up this week,” said Sam Khater, Freddie Mac’s Chief Economist. “Housing market activity continues to hold up with purchase and refinance applications increasing by 18% and 42%, respectively, compared to the same time last year.” News Facts The averaged 6.30% as of September 25, 2025, up from last week when it averaged 6.26%. A year ...

 PRESS RELEASE

Freddie Mac Appoints Matthew Abrusci General Counsel

Freddie Mac Appoints Matthew Abrusci General Counsel Brings 30+ years of legal experience across the financial services sector MCLEAN, Va., Sept. 22, 2025 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today announced that Matthew D. Abrusci has joined the company as EVP, General Counsel and Corporate Secretary, effective today. Abrusci brings more than three decades of financial services experience spanning banking, capital markets and securities law. “Matthew Abrusci brings deep experience across the legal spectrum, and I have no doubt he will quickly become a valued member of Freddie...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch