Freddie Mac Structured Agency Credit Risk (STACR) 2016-DNA2 $880 Million Debt Notes Assigned Ratings - S&P Global Ratings’ Credit Research

Freddie Mac Structured Agency Credit Risk (STACR) 2016-DNA2 $880 Million Debt Notes Assigned Ratings

Freddie Mac Structured Agency Credit Risk (STACR) 2016-DNA2 $880 Million Debt Notes Assigned Ratings - S&P Global Ratings’ Credit Research
Freddie Mac Structured Agency Credit Risk (STACR) 2016-DNA2 $880 Million Debt Notes Assigned Ratings
Published May 10, 2016
5 pages (1866 words) — Published May 10, 2016
Price US$ 150.00  |  Buy this Report Now

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Abstract:

OVERVIEW Freddie Mac Structured Agency Credit Risk Debt Notes Series 2016-DNA2's notes are unsecured general obligations of Freddie Mac linked to the credit performance of a reference pool of fully amortizing, first-lien, fixed-rate residential mortgage loans secured by one- to four-family residences, planned unit developments, condominiums, cooperatives, and manufactured housing to mostly prime borrowers. We assigned our ratings to the class M-1, M-2, M-2F, M-2I, M-3A, M-3AF, M-3AI, M-3B, and M-3 notes. The ratings reflect our view of the transaction's credit enhancement and the issuer's aggregation experience, among other factors. NEW YORK (S&P Global Ratings) May 10, 2016--S&P Global Ratings today assigned its ratings to Freddie Mac Structured Agency Credit Risk Debt Notes Series 2016-DNA2's $880 million notes (see list).

  
Brief Excerpt:

...OVERVIEW Freddie Mac Structured Agency Credit Risk Debt Notes Series 2016-DNA2's notes are + unsecured general obligations of Freddie Mac linked to the credit performance of a reference pool of fully amortizing, first-lien, fixed-rate residential mortgage loans secured by one- to four-family residences, planned unit developments, condominiums, cooperatives, and manufactured housing to mostly prime borrowers. We assigned our ratings to the class M-1, M-2, M-2F, M-2I, M-3A, M-3AF, M-3AI, M- + 3B, and M-3 notes. The ratings reflect our view of the transaction's credit enhancement and the + issuer's aggregation experience, among other factors. NEW YORK (S&P Global Ratings) May 10, 2016--S&P Global Ratings today assigned its ratings to Freddie Mac Structured Agency Credit Risk Debt Notes Series 2016-DNA2's $880 million notes (see list). The notes issued are unsecured general obligations of Freddie Mac linked to the credit performace of a referance pool of fully amortizing, first-lien, fixed-rate...

  
Report Type:

Ratings Action

Ticker
FRE
Issuer
Sector
Global Issuers, Public Finance, Structured Finance
Country
Region
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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MLA:
S&P Global Ratings’ Credit Research. "Freddie Mac Structured Agency Credit Risk (STACR) 2016-DNA2 $880 Million Debt Notes Assigned Ratings" May 10, 2016. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Freddie-Mac-Structured-Agency-Credit-Risk-STACR-2016-DNA2-880-Million-Debt-Notes-Assigned-Ratings-1632302>
  
APA:
S&P Global Ratings’ Credit Research. (). Freddie Mac Structured Agency Credit Risk (STACR) 2016-DNA2 $880 Million Debt Notes Assigned Ratings May 10, 2016. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Freddie-Mac-Structured-Agency-Credit-Risk-STACR-2016-DNA2-880-Million-Debt-Notes-Assigned-Ratings-1632302>
  
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