STACR deal launches as Freddie transitions to actual loss

Freddie Mac
By Max Adams
21 Sep 2015

The latest risk-sharing deal from Freddie Mac launched on Thursday, as the government-sponsored agency transitions to an actual loss structure.

Speaking with GlobalCapital at last week’s ABS East conference in Miami Beach, Freddie Mac vice president Mike Reynolds, who heads the structured agency credit risk (STACR) program, noted that the current deal in the market “completes our transition to actual loss”. The latest deal is the first to ...

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