Freddie STACR deal heads big day for GSEs

Freddie Mac
By Ryan Bolger
24 Mar 2015

Freddie Mac’s second STACR issuance from its higher LTV HQ series was priced on Tuesday. Elsewhere, Fannie Mae listed its risk sharing deals abroad.

Freddie's $860m issuance, STACR Series 2015-HQ1, was priced at 105bp over Libor for its M-1 class. The M-2 notes priced at 220bp over Libor, and the M-3 tranche came at 380bp over.

Freddie held onto a portion of risk for the M-1, M-2 and M-3 notes, and retained ...

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