On July 10, 2025, we released the final rating for this transaction, and the representations, warranties, and enforcement mechanisms (RWEM) report was not included at the time of release. The RWEM report is provided in this publication. S&P Global Ratings assigned its 'AA+(sf)' rating to Freddie Mac 's approximately $234.173 million series 2025-ML30 class A-US and class A-USM multifamily ML structured pass-through certificates (SPCs) sustainability bonds. The outlook is stable. The series ML30 SPCs have a credit enhancement in the form of a Freddie Mac guarantee. Underlying certificates that represent ownership of 15 underlying tax-exempt loans (TELs) back the SPCs. Certificate proceeds financed 15 multifamily affordable-housing properties, coupled with the benefits of a Freddie Mac guarantee; the guarantee provides that
