Summary: Freddie Mac, Virginia; Multifamily FHLMC - S&P Global Ratings’ Credit Research

Summary: Freddie Mac, Virginia; Multifamily FHLMC

Summary: Freddie Mac, Virginia; Multifamily FHLMC - S&P Global Ratings’ Credit Research
Summary: Freddie Mac, Virginia; Multifamily FHLMC
Published Feb 07, 2025
5 pages (1805 words) — Published Feb 07, 2025
Price US$ 225.00  |  Buy this Report Now

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Abstract:

S&P Global Ratings assigned its 'AA+' long-term rating to Freddie Mac, Va.'s $22.9 million series WE6127 multifamily mortgage participation certificates. The outlook is stable. The series WE6127 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 series WE6127 certificate holders on each payment date, timely payments of scheduled principal, 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 upon the series' final payment. The rating reflects our

  
Brief Excerpt:

...+ S&P Global Ratings assigned its '##+' long-term rating to Freddie Mac, Va.'s $22.9 million series WE6127 multifamily mortgage participation certificates. + The outlook is stable....

  
Report Type:

Summary

Ticker
FRE
Issuer
Sector
Global Issuers, Public Finance, Structured Finance
Country
Region
Format:
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Freddie Mac, Virginia; Multifamily FHLMC" Feb 07, 2025. Alacra Store. May 06, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Freddie-Mac-Virginia-Multifamily-FHLMC-3320263>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Freddie Mac, Virginia; Multifamily FHLMC Feb 07, 2025. New York, NY: Alacra Store. Retrieved May 06, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Freddie-Mac-Virginia-Multifamily-FHLMC-3320263>
  
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