Freddie Mac announces first credit risk-sharing deal of 2016

freddie mac announced wednesday that it priced its first Structured Agency Credit Risk Series credit risk-sharing deal of 2016. The deal, STACR Series 2016-DNA1, was announced in early january. stacr series 2016-dna1 has a reference pool of recently acquired single-family mortgages with an unpaid principal balance of more than $35.7 billion.

 · MCLEAN, VA–(Marketwired – Jan 28, 2015) – Freddie Mac ( OTCQB : FMCC ) today priced its first Structured Agency Credit Risk transaction of the year, a $880 million offering of STACR debt notes, Series 2015-DN1. This transaction is the first one in which the company sold a portion of the first loss risk.

 · In addition to its risk-transfer reinsurance initiative, the agency announced last month its first private placement participation-certificates (PPP) swap deal, which lets lenders hand Freddie a pool of affordable-housing loans in exchange for Freddie Mac-backed securities that the original lender can then sell to investors.

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MCLEAN, VA–(Marketwired – Jan 3, 2017) – Freddie Mac (OTCQB: FMCC) today announced its final Agency Credit Insurance Structure (ACIS ®) transaction of 2016, an insurance policy providing up to a combined maximum limit of approximately $285 million of credit losses on single-family loans and transferring a significant portion of mortgage credit risk on a $16 billion reference pool of 15-year.

Freddie Mac Announces Second ACIS(R) Credit Risk Transaction of 2016 With a $336 Million Limit MCLEAN, VA–(Marketwired – Mar 25, 2016) – Freddie Mac ( OTCQB : FMCC ) announced today that it has obtained new insurance policies under its successful Agency Credit Insurance Structure (ACIS ) program.

Credit risk; Hedge funds, leverage and mortgages: why Fannie and Freddie’s new deals worry some experts. Hedge funds have been keen buyers of the new mortgage risk-sharing deals issued by Fannie Mae and Freddie Mac, but as spreads have tightened, worries about leverage have grown.

Fannie Mae Introduces a Principal reduction modification program for Certain mortgage loans. april 14, 2016. As directed by its regulator, Federal Housing Finance Agency (FHFA), and jointly developed with Freddie Mac, Fannie Mae announces a new mortgage loan modification program, Fannie Mae Principal Reduction Modification.

CoreLogic: 5.1M properties remain in negative equity in Q3 2014 Fannie Mae completes third non-performing loan sale Countrywide VIP mortgage program investigation goes dark Geico auto insurance – This mortgage is more accepted without having credit check required, which often starts up the lending products for less-than-perfect credit individuals.Freddie Mac announced Wednesday that it selected the winning bidders in its latest massive sale of non-performing loans. In August 2015, the trust also purchased two pools of non-performing loans.Our directors do not have any fiduciary duties to any person or entity except to the conservator and, accordingly, are not obligated to consider the interests of the company, the holders of our equity.

NEW YORK, NY (March 3, 2008) – Attorney General Andrew M. Cuomo today announced that the nation’s two largest purchasers of home loans, Fannie Mae (NYSE: FNM) and Freddie Mac (NYSE: FRE), have entered into cooperation agreements requiring them to only buy loans from banks that meet new standards designed to ensure independent and reliable appraisals.

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