Freddie Mac Credit protects $ 167.2 billion of single-family mortgages in the fourth quarter Other OTC: FMCC

MCLEAN, Virginia, February 22, 2021 (GLOBE NEWSWIRE) – Freddie MacThe single-family business announced today that its Credit Risk Transfer (CRT) The program transferred credit risk via $ 4.8 billion issuance on $ 167.2 billion of single-family mortgages from US taxpayers to the private sector in the fourth quarter of 2020. The issue included STACR®, ACIS®, subordination and some transactions risk sharing of the lender. In 2020, the company transferred risk via $ 16.9 billion in issues on more than $ 475.8 billion in mortgages.

“Despite a challenging environment, Freddie Mac’s single-family CRT program ended its biggest year ever in 2020,” said Mike Reynolds of Freddie Mac, Vice …

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  • According to this source Freddie Mac Credit protects $ 167.2 billion of single-family mortgages in the fourth quarter Other OTC: FMCC
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