Freddie Mac recently announced that its credit-risk transfer (CRT) program is projecting note-issuance volume of at least $25 billion in 2022. The government-sponsored enterprise (GSE) has made its first down-payment on that projection by issuing two single-family CRT note offerings totaling $3.3 billion so far this year that are secured by reference loan pools valued at $78.6 billion. 

Both CRT offerings were issued through Freddie’s Structured Agency Credit Risk (STACR) program. The initial deal closed on January 29 and the second offering is slated to close on February 11, according to Kroll Bond Rating Agency’s presale reviews of the STACR securitizations.

STACR details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com