S&P Global Ratings assigned its 'AA+' rating to Freddie Mac's approximately $23.35 million series WE2060 multifamily mortgage participation certificates, $33.80 million series WE5054 multifamily mortgage participation certificates, and $24.81 million series WE5055 multifamily mortgage participation certificates. The outlook for each series is stable. The series WE2060, WE5054, and WE5055 multifamily participation certificates have a credit enhancement in the form of a Freddie Mac guarantee. The certificates represent ownership of underlying tax-exempt loans--the proceeds of which financed a multifamily affordable-housing property--that benefits from the Freddie Mac guarantee. Freddie Mac guarantees timely payments for all three series (WE2060, WE5054, and WE5055) certificateholders on each payment date, timely payments of scheduled principal, and full and final payment of the underlying mortgage. Freddie Mac
