Freddie Mac Prices Approximately $243.4 Million SLST Securitization
The subordinate certificates were auctioned and awarded, while the senior certificates carry a guarantee.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Freddie Mac (FMCC) priced approximately $243.4 million in securities backed by seasoned residential mortgage loans through its SLST Series 2026-1 transaction.
The transaction includes approximately $213.0 million in guaranteed senior certificates and approximately $30.4 million in non-guaranteed subordinate certificates. The subordinate certificates were auctioned and awarded on October 22, 2026. Settlement is expected on October 29, 2026. The collateral comprises 1,282 fixed- and adjustable-rate loans, including modified and never-modified loans. Freddie Mac says its seasoned loan offerings aim to reduce less-liquid assets and shed credit and market risk.
How this balance works
Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.
It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.
Rhea-AI Sentiment measures something else, the tone of the wording.
Positive
- Minor pointNon-guaranteed subordinate certificates of approximately $30.4 million were auctioned and awarded on October 22, 2026.
Negative
- Moderate pointSenior certificates carry Freddie Mac's guarantee on approximately $213.0 million. 8.8% of market cap
AI-generated analysis. How Rhea-AI works. Not financial advice.
MCLEAN, Va., Oct. 26, 2026 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today announced the pricing of the Freddie Mac Seasoned Loans Structured Transaction Trust (SLST) Series 2026-1, a securitization of approximately
The transaction includes approximately
The underlying collateral backing the certificates consists of 1,282 fixed and adjustable rate seasoned loans, and includes both loans modified to assist borrowers at risk of foreclosure and loans that were never modified. As of the cut-off date, none of the loans are more than 150 days delinquent. The loans will initially be serviced by Select Portfolio Servicing, Inc., Selene Finance LP, and Newrez LLC, d/b/a Shellpoint Mortgage Servicing.
Advisors to this transaction are Citigroup Global Markets Inc. and Wells Fargo Securities, LLC as co-lead managers and joint bookrunners, and Hilltop Securities Inc., Nomura Securities International Inc., and R. Seelaus & Co., LLC as co-managers.
Freddie Mac’s seasoned loan offerings focus on reducing less-liquid assets in the company’s mortgage-related investments portfolio in an economically sensible way. This includes sales of Non-Performing Loans (NPLs), securitizations of re-performing loans (RPLs) and structured RPL transactions. Since 2011, Freddie Mac has sold approximately
This announcement is not an offer to sell any Freddie Mac securities. Offers for any given security are made only through applicable offering circulars and related supplements, which incorporate Freddie Mac’s Annual Report on Form 10-K for the year ended December 31, 2025, filed with the Securities and Exchange Commission (SEC) on February 12, 2026; all other reports Freddie Mac filed with the SEC pursuant to Section 13(a) of the Securities Exchange Act of 1934 (Exchange Act) since December 31, 2025, excluding any information "furnished" to the SEC on Form 8-K; and all documents that Freddie Mac files with the SEC pursuant to Sections 13(a), 13(c) or 14 of the Exchange Act, excluding any information “furnished” to the SEC on Form 8-K.
Freddie Mac’s press releases sometimes contain forward-looking statements. Forward-looking statements involve known and unknown risks and uncertainties, some of which are beyond the company’s control. Management’s expectations for the company’s future necessarily involve a number of assumptions, judgments and estimates, and various factors could cause actual results to differ materially from the expectations expressed in these and other forward-looking statements. These assumptions, judgments, estimates and factors are discussed in the company’s Annual Report on Form 10-K for the year ended December 31, 2025, and its reports on Form 10-Q and Form 8-K, which are available on the Investor Relations page of the company’s Web site at www.FreddieMac.com/investors and the SEC’s website at www.sec.gov. The company undertakes no obligation to update forward-looking statements it makes to reflect events or circumstances occurring after the date of this press release.
The financial and other information contained in the documents that may be accessed on this page speaks only as of the date of those documents. The information could be out of date and no longer accurate. Freddie Mac undertakes no obligation, and disclaims any duty, to update any of the information in those documents.
Freddie Mac’s mission is to make home possible for families across the nation. We promote liquidity, stability and affordability in the housing market throughout all economic cycles. Since 1970, we have helped tens of millions of families buy, rent or keep their home. Learn More: Website | Consumers | X | LinkedIn | Facebook | Instagram | YouTube
MEDIA CONTACT: Fred Solomon
703-903-3861
Frederick_Solomon@freddiemac.com
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How large is Freddie Mac's SLST Series 2026-1 securitization, and when will it settle?
The securitization totals approximately $243.4 million and is expected to settle on October 29, 2026. It includes approximately $213.0 million in guaranteed senior certificates and approximately $30.4 million in non-guaranteed subordinate certificates.
How delinquent are the loans backing Freddie Mac's SLST Series 2026-1 securities?
As of the cut-off date, none of the loans were more than 150 days delinquent. The pool includes loans modified to assist borrowers at risk of foreclosure as well as loans that were never modified.
Who will service the loans in Freddie Mac's SLST Series 2026-1 transaction?
The loans will initially be serviced by Select Portfolio Servicing, Selene Finance, and Newrez, doing business as Shellpoint Mortgage Servicing.