S&P Global Ratings assigned its 'AA+' rating to Freddie Mac's $12.04 million series WE6118 multifamily mortgage participation certificates. The outlook is stable. The certificates were previously issued on July 16, 2024. The series WE6118 multifamily participation certificates have a credit enhancement in the form of a Freddie Mac guarantee. The participation certificates represent ownership of an underlying tax-exempt loan--the proceeds of which financed a multifamily affordable housing property--that benefits from the Freddie Mac guarantee. Freddie Mac guarantees timely payments for series WE6118 certificateholders on each payment date, timely scheduled principal payments, and full and final payment of the underlying mortgage. Freddie Mac will make any payments pursuant to the guarantee from its own funds. Freddie Mac's credit enhancement will terminate
