Freddie Mac Prices Approximately $759 Million Securitization of Re-Performing Loans
Freddie Mac (OTCQB: FMCC) has announced the pricing of its first Seasoned Credit Risk Transfer Trust (SCRT) offering of 2025, a securitization valued at approximately $759 million. The offering includes $727 million in guaranteed senior certificates and $32 million in non-guaranteed mezzanine and subordinate certificates.
The transaction, expected to settle on March 11, 2025, is backed by 4,678 seasoned re-performing loans (RPLs), including both modified loans to assist borrowers at risk of foreclosure and unmodified loans. All mortgage loans are current as of the Cut-Off Date and will be serviced by Select Portfolio Servicing, Inc.
To date, Freddie Mac has sold over $10.4 billion of Non-Performing Loans and securitized approximately $79.6 billion of RPLs, consisting of $30.4 billion in guaranteed PCs, $36.2 billion in SCRT securities, and $13.0 billion in SLST securities.
Freddie Mac (OTCQB: FMCC) ha annunciato la determinazione del prezzo della sua prima offerta di Seasoned Credit Risk Transfer Trust (SCRT) del 2025, una cartolarizzazione del valore di circa $759 milioni. L'offerta comprende $727 milioni in certificati senior garantiti e $32 milioni in certificati mezzanine e subordinati non garantiti.
La transazione, prevista per il 11 marzo 2025, è sostenuta da 4.678 prestiti ri-performing (RPL) stagionati, che includono sia prestiti modificati per assistere i mutuatari a rischio di pignoramento che prestiti non modificati. Tutti i prestiti ipotecari sono attuali alla Data di Chiusura e saranno gestiti da Select Portfolio Servicing, Inc.
Fino ad oggi, Freddie Mac ha venduto oltre $10,4 miliardi di prestiti non performanti e ha cartolarizzato circa $79,6 miliardi di RPL, consistenti in $30,4 miliardi in PC garantiti, $36,2 miliardi in titoli SCRT e $13,0 miliardi in titoli SLST.
Freddie Mac (OTCQB: FMCC) ha anunciado el precio de su primera oferta de Seasoned Credit Risk Transfer Trust (SCRT) de 2025, una titulización valorada en aproximadamente $759 millones. La oferta incluye $727 millones en certificados senior garantizados y $32 millones en certificados mezzanine y subordinados no garantizados.
La transacción, que se espera se liquide el 11 de marzo de 2025, está respaldada por 4.678 préstamos re-performing (RPL) consolidados, que incluyen tanto préstamos modificados para ayudar a los prestatarios en riesgo de ejecución hipotecaria como préstamos no modificados. Todos los préstamos hipotecarios están al día a la Fecha de Corte y serán administrados por Select Portfolio Servicing, Inc.
Hasta la fecha, Freddie Mac ha vendido más de $10.4 mil millones en préstamos no performantes y ha titulizado aproximadamente $79.6 mil millones en RPL, que consisten en $30.4 mil millones en PC garantizados, $36.2 mil millones en valores SCRT y $13.0 mil millones en valores SLST.
프레디 맥 (OTCQB: FMCC)는 2025년 첫 번째 시즌된 신용 위험 이전 신탁(SCRT) 제안의 가격을 발표했습니다. 이 증권화는 약 $759 백만의 가치가 있습니다. 이 제안에는 $727 백만의 보증된 선순위 증서와 $32 백만의 비보증 중간 및 후순위 증서가 포함됩니다.
2025년 3월 11일에 결제될 예정인 이 거래는 4,678개의 재실행 대출(RPL)로 뒷받침되며, 여기에는 차압 위험에 처한 차용인을 지원하기 위한 수정된 대출과 수정되지 않은 대출이 포함됩니다. 모든 주택 담보 대출은 컷오프 날짜 기준으로 현재 상태이며, Select Portfolio Servicing, Inc.가 관리합니다.
현재까지 프레디 맥은 10.4억 달러 이상의 비실행 대출을 판매하였고, 약 $79.6억 달러의 RPL을 증권화하였습니다. 이에는 $30.4억 달러의 보증된 PC, $36.2억 달러의 SCRT 증권 및 $13.0억 달러의 SLST 증권이 포함됩니다.
Freddie Mac (OTCQB: FMCC) a annoncé le prix de sa première offre de Seasoned Credit Risk Transfer Trust (SCRT) pour 2025, une titrisation d'une valeur d'environ $759 millions. L'offre comprend $727 millions en certificats senior garantis et $32 millions en certificats mezzanine et subordonnés non garantis.
La transaction, qui devrait se régler le 11 mars 2025, est soutenue par 4.678 prêts réperformants (RPL) consolidés, incluant à la fois des prêts modifiés pour aider les emprunteurs en risque de saisie et des prêts non modifiés. Tous les prêts hypothécaires sont à jour à la Date de Coupure et seront gérés par Select Portfolio Servicing, Inc.
À ce jour, Freddie Mac a vendu plus de $10,4 milliards de prêts non performants et a titrisé environ $79,6 milliards de RPL, comprenant $30,4 milliards en PC garantis, $36,2 milliards en titres SCRT et $13,0 milliards en titres SLST.
Freddie Mac (OTCQB: FMCC) hat die Preisfestsetzung für sein erstes Seasoned Credit Risk Transfer Trust (SCRT) Angebot von 2025 bekannt gegeben, eine Verbriefung im Wert von etwa $759 Millionen. Das Angebot umfasst $727 Millionen an garantierten Senior-Zertifikaten und $32 Millionen an nicht garantierten Mezzanine- und nachrangigen Zertifikaten.
Die Transaktion, die voraussichtlich am 11. März 2025 abgeschlossen wird, wird durch 4.678 seasoned re-performing loans (RPLs) unterstützt, darunter sowohl modifizierte Darlehen zur Unterstützung von Kreditnehmern in Gefahr der Zwangsvollstreckung als auch unmodifizierte Darlehen. Alle Hypothekendarlehen sind zum Stichtag aktuell und werden von Select Portfolio Servicing, Inc. verwaltet.
Bis heute hat Freddie Mac über $10,4 Milliarden an notleidenden Krediten verkauft und etwa $79,6 Milliarden an RPLs verbrieft, die sich aus $30,4 Milliarden an garantierten PCs, $36,2 Milliarden an SCRT-Wertpapieren und $13,0 Milliarden an SLST-Wertpapieren zusammensetzen.
- Securitization of $759M in re-performing loans reduces risk exposure
- All mortgage loans in the pool are current
- Strong track record with $79.6B total RPL securitizations to date
- Structured to prioritize borrower retention options
- None.
MCLEAN, Va., March 06, 2025 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) announced today the pricing of its first Seasoned Credit Risk Transfer Trust (SCRT) offering of 2025—a securitization of approximately
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2025-1 includes approximately
On and after closing, the Mortgage Loans will be serviced by Select Portfolio Servicing, Inc. and will be serviced in accordance with requirements that, in the event of default, prioritize borrower retention options and promote neighborhood stability.
Advisors to this transaction are Citigroup Global Markets Inc. and BofA Securities, Inc., as co-lead managers and joint bookrunners, and Nomura Securities International, Inc., Oppenheimer & Co. Inc., StoneX Financial Inc. and Zeus Financial, LLC (a certified Minority Business Enterprise), as co-managers.
To date, Freddie Mac has sold over
This announcement is not an offer to sell any Freddie Mac securities. Offers for any given security are made only through applicable offering circulars and related supplements, which incorporate Freddie Mac’s Annual Report on Form 10-K for the year ended December 31, 2024, filed with the Securities and Exchange Commission (SEC) on February 13, 2025; all other reports Freddie Mac filed with the SEC pursuant to Section 13(a) of the Securities Exchange Act of 1934 (Exchange Act) since December 31, 2024, excluding any information "furnished" to the SEC on Form 8-K; and all documents that Freddie Mac files with the SEC pursuant to Sections 13(a), 13(c) or 14 of the Exchange Act, excluding any information “furnished” to the SEC on Form 8-K.
Freddie Mac’s press releases sometimes contain forward-looking statements. Forward-looking statements involve known and unknown risks and uncertainties, some of which are beyond the company’s control. Management’s expectations for the company’s future necessarily involve a number of assumptions, judgments and estimates, and various factors could cause actual results to differ materially from the expectations expressed in these and other forward-looking statements. These assumptions, judgments, estimates and factors are discussed in the company’s Annual Report on Form 10-K for the year ended December 31, 2024, and its reports on Form 10-Q and Form 8-K, which are available on the Investor Relations page of the company’s website at www.FreddieMac.com/investors and the SEC’s website at www.sec.gov. The company undertakes no obligation to update forward-looking statements it makes to reflect events or circumstances occurring after the date of this press release.
The financial and other information contained in the documents that may be accessed on this page speaks only as of the date of those documents. The information could be out of date and no longer accurate. Freddie Mac undertakes no obligation, and disclaims any duty, to update any of the information in those documents.
Freddie Mac’s mission is to make home possible for families across the nation. We promote liquidity, stability and affordability in the housing market throughout all economic cycles. Since 1970, we have helped tens of millions of families buy, rent or keep their home. Learn More: Website | Consumers | X | LinkedIn| Facebook | Instagram | YouTube
MEDIA CONTACT: Fred Solomon
703-903-3861
Frederick_Solomon@freddiemac.com
FAQ
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