General World News

Freddie Mac’s CRT program posts record performance 

Freddie Mac notched record credit-risk transfer (CRT) issuances of some $15 billion during the first half of this year, protecting $358 billion in single-family mortgages.

For the second quarter alone, Freddie Mac also posted record CRT issuance of $6.5 billion, protecting $151 billion in single-family mortgages.

The offering totals were across the agency’s flagship Structured Agency Credit Risk (STACR) and Agency Credit Insurance Structure (ACIS) programs, along with other risk-sharing transactions.

The agency’s flagship offerings alone accounted for $14.6 billion of issuance over the first half of 2022 — via six STACR and eight ACIS transactions. That includes the agency’s largest-ever CRT issuance, a details ⇒

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