S&P Global Ratings assigned its 'AA+(sf)' rating to Freddie Mac's approximately $197.535 million series M-071 class A multifamily M certificates (social bonds). The outlook is stable. The series M-071 certificates have a credit enhancement in the form of a Freddie Mac guarantee. On the closing date, Freddie Mac creates the series pool related to the certificates and transfers custodial receipts secured by the tax-exempt multifamily housing bonds and notes into the pool for the benefit of certificate holders. The Freddie Mac guarantee provides that if there are insufficient funds to pay principal or interest on the class A certificates, Freddie Mac will make any principal-and-interest payments due on each distribution date from its own funds. Freddie Mac will issue the
