Freddie Mac is bringing another credit-risk transfer offering to market, its fourth of the year, through the agency’s Structured Agency Credit Risk (STACR) program.
The credit risk transfer (CRT) offering, STACR 2022-DNA4, involves a $1.5 billion note backed by a reference loan pool of 118,055 residential mortgages with an outstanding principal balance of $35.4 billion, according to a presale report by Kroll Bond Rating Agency (KBRA). This latest transaction brings the total note issuance so far in 2022 through STACR to $6.6 billion secured by single-family mortgage reference loan pools valued in total at $156.9 billion.
The leading loan originators represented in details ⇒
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