Core Insights - Freddie Mac's Single-Family credit risk transfer (CRT) issuance reached nearly $5.1 billion in 2025, including five STACR and six ACIS transactions, providing credit protection on $163 billion of unpaid principal balance of single-family mortgages [1][2] Group 1: 2025 Performance - The company executed three tender offers for approximately $3.0 billion aggregate original principal amount of STACR notes and call options on five STACR transactions valued at approximately $0.5 billion, along with 18 ACIS transactions with a risk in force of approximately $1.5 billion [2] - As of September 30, 2025, approximately 62 percent of the Freddie Mac Single-Family mortgage portfolio was covered by credit enhancement [3] - Since its inception, the Single-Family CRT program has transferred approximately $118 billion of credit risk on more than $3.6 trillion of single-family mortgages through over 200 STACR and ACIS transactions [4] Group 2: Future Plans - For 2026, the company plans to issue one to two STACR and ACIS transactions per quarter and continue the tender offer program while evaluating calls when eligible [5] - The Single-Family CRT programs aim to transfer credit risk to global private capital via securities and (re)insurance policies, enhancing stability, liquidity, and affordability in the U.S. housing market [6]