Freddie Mac Single-Family Credit Risk Transfer Program Celebrates 100th ACIS Transaction

MCLEAN, Va., August 12, 2024 (GLOBE NEWSWIRE) — Freddie Mac‘S (OTCQB: FMCC) The Single-Family Credit Risk Transfer (CRT) program today announced that it has completed its 100^and
ACIS (Agency Credit Insurance Structure) transaction. Since the first transaction in 2013, Freddie Mac has protected more than $2.5 trillion in unpaid principal balances (UPB) on mortgage loans through $35 billion of ACIS coverage with (re)insurers.

“For more than a decade, the ACIS program has helped mitigate Freddie Mac’s credit risk and provided (re)insurers worldwide the opportunity to invest in and support the U.S. single-family home loan market,” said Christian Valencia, vice president of Single-Family CRT at Freddie Mac. “Whether on standalone transactions or in conjunction with our groundbreaking Structured Agency Credit Risk (STACR) offerings, each ACIS contract includes large, well-diversified credit reference pools managed under Freddie Mac’s end-to-end risk mitigation protocols.”