S&P Global Ratings assigned its 'AA+' rating to Freddie Mac's approximately $17.16 million series WE5056 multifamily mortgage participation certificates, $38.60 million series WE5057 multifamily mortgage participation certificates, and $19.95 million series WE6113 multifamily mortgage participation certificates. The outlook for each series is stable. The series WE5056, WE5057, and WE6113 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 benefit from the Freddie Mac guarantee. Freddie Mac guarantees timely payments for all three series (WE5056, WE5057, and WE6113) certificateholders on each payment date, timely payments of scheduled principal, and full and final payment of the underlying mortgage. Freddie Mac
