2025 Year-End NAIC Designations for STACR REMIC Trust, STACR Trust, and STACR Debt Notes

Core Insights - Freddie Mac published the NAIC 2025 filing year designations for certain STACR Notes, indicating a strong performance in credit risk transfer [1][2] Group 1: STACR Notes Designation - Out of 213 reviewed STACR Notes, 207 achieved NAIC 1 Designation, while 6 received NAIC 2 Designation [2] - One of the STACR Notes with NAIC 2 Designation, STACR 2024-DNA2 M2B, was previously assigned NAIC 1 [2] - The related MACR Note, STACR 2024-DNA2 M2, maintained its NAIC 1 Designation for year-end 2025 [2] Group 2: Credit Risk Transfer Programs - Freddie Mac's CRT programs transfer credit risk from U.S. taxpayers to global private capital, enhancing stability and affordability in the housing market [3] - The Single-Family CRT market was established with the issuance of the first STACR notes in July 2013, followed by the introduction of ACIS in November 2013 [3] - These programs attract institutional investors and (re)insurance companies globally, showcasing their industry leadership [3] Group 3: Company Mission and Impact - Freddie Mac's mission is to make homeownership possible for families across the nation, promoting liquidity and stability in the housing market [4] - Since its inception in 1970, Freddie Mac has assisted millions of families in buying, renting, or retaining their homes [4]