Freddie Mac Prices Approximately $707 Million Securitization of Re-Performing Loans
Freddie Mac (OTCQB: FMCC) has announced the pricing of its second Seasoned Credit Risk Transfer Trust (SCRT) offering of 2025, a $707 million securitization backed by re-performing loans (RPLs). The transaction includes $673 million in guaranteed senior certificates and $34 million in non-guaranteed mezzanine and subordinate certificates.
The underlying collateral comprises 4,002 seasoned fixed-, step-, and adjustable-rate RPLs, with all mortgage loans either current or no more than 30 days delinquent. The transaction, expected to settle on September 12, 2025, will be serviced by Newrez LLC and Select Portfolio Servicing, Inc. To date, Freddie Mac has sold over $10.7 billion of Non-Performing Loans and securitized approximately $80.6 billion of RPLs.
Freddie Mac (OTCQB: FMCC) ha annunciato il prezzo della sua seconda offerta Seasoned Credit Risk Transfer Trust (SCRT) del 2025, una securitizzazione da $707 milioni garantita da re-performing loans (RPL). L'operazione comprende $673 milioni di certificati senior garantiti e $34 milioni di certificati mezzanine e subordinate non garantiti.
Il collaterale sottostante è composto da 4.002 RPL stagionate a tasso fisso, step e variabile, con tutte le ipoteche o in regola o con ritardi non superiori a 30 giorni. L'operazione, che dovrebbe regolarsi il 12 settembre 2025, sarà gestita da Newrez LLC e Select Portfolio Servicing, Inc. Ad oggi, Freddie Mac ha venduto oltre $10,7 miliardi di Non-Performing Loans e ha cartolarizzato circa $80,6 miliardi di RPL.
Freddie Mac (OTCQB: FMCC) ha anunciado el precio de su segunda emisión Seasoned Credit Risk Transfer Trust (SCRT) de 2025, una securitización de $707 millones respaldada por re-performing loans (RPL). La transacción incluye $673 millones en certificados senior garantizados y $34 millones en certificados mezzanine y subordinados no garantizados.
El colateral subyacente consta de 4.002 RPLs experimentadas a tasa fija, step y ajustable, con todos los préstamos hipotecarios al corriente o con un atraso no superior a 30 días. La operación, que se espera se liquide el 12 de septiembre de 2025, será administrada por Newrez LLC y Select Portfolio Servicing, Inc. Hasta la fecha, Freddie Mac ha vendido más de $10,7 mil millones en Non-Performing Loans y ha securitizado aproximadamente $80,6 mil millones en RPLs.
Freddie Mac (OTCQB: FMCC)는 2025년 두 번째 Seasoned Credit Risk Transfer Trust(SCRT) 발행의 가격을 발표했습니다. 이번 $7.07억 규모의 유동화는 재이행 대출(re-performing loans, RPL)을 담보로 합니다. 거래에는 $6.73억의 보증된 시니어 증권과 $0.34억의 비보증 메자닌 및 후순위 증권이 포함됩니다.
기초 담보는 고정·스텝·변동 금리의 4,002건의 숙성 RPL로 구성되어 있으며 모든 주택담보대출은 현재 상태이거나 연체가 30일을 초과하지 않습니다. 이 거래는 2025년 9월 12일 결제될 예정이며 Newrez LLC와 Select Portfolio Servicing, Inc.가 서비스합니다. 지금까지 Freddie Mac은 $107억 이상(= $10.7 billion)의 부실채권(Non-Performing Loans)을 매각했고 약 $806억(= $80.6 billion)의 RPL을 유동화했습니다.
Freddie Mac (OTCQB: FMCC) a annoncé le pricing de sa deuxième opération Seasoned Credit Risk Transfer Trust (SCRT) de 2025, une titrisation de 707 millions $ adossée à des re-performing loans (RPL). La transaction comprend 673 millions $ de certificats senior garantis et 34 millions $ de certificats mezzanine et subordonnés non garantis.
Le collatéral sous-jacent se compose de 4 002 RPL matures à taux fixe, step et variable, tous les prêts hypothécaires étant à jour ou présentants un retard maximal de 30 jours. La transaction, dont le règlement est prévu le 12 septembre 2025, sera servie par Newrez LLC et Select Portfolio Servicing, Inc. À ce jour, Freddie Mac a vendu plus de 10,7 milliards $ de prêts non performants (Non-Performing Loans) et titrisé environ 80,6 milliards $ de RPL.
Freddie Mac (OTCQB: FMCC) hat die Preisfestsetzung seiner zweiten Seasoned Credit Risk Transfer Trust (SCRT)-Emission 2025 angekündigt: eine $707 Millionen starke Verbriefung, besichert durch Re-Performing Loans (RPL). Die Transaktion umfasst $673 Millionen an garantiertem Senior-Papier und $34 Millionen an nicht garantierten Mezzanine- und Nachrangkertifikaten.
Das zugrundeliegende Portfolio besteht aus 4.002 gereiften RPLs mit Festzins-, Step- und variablen Zinssätzen, wobei alle Hypothekendarlehen entweder aktuell oder höchstens 30 Tage im Rückstand sind. Die Abwicklung der Transaktion ist für den 12. September 2025 geplant; Servicer sind Newrez LLC und Select Portfolio Servicing, Inc. Bislang hat Freddie Mac mehr als $10,7 Milliarden an notleidenden Krediten (Non-Performing Loans) verkauft und etwa $80,6 Milliarden an RPLs verbrieft.
- All underlying mortgage loans are performing well - either current or maximum 30 days delinquent
- Transaction contributes to reducing less-liquid assets in Freddie Mac's portfolio
- Servicing requirements prioritize borrower retention and neighborhood stability
- Strong track record with $80.6 billion of RPLs already securitized
- Exposure to credit and market risk for non-guaranteed portion ($34 million)
- Complex transaction structure with multiple tranches may affect liquidity
MCLEAN, Va., Sept. 09, 2025 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) announced today the pricing of its second Seasoned Credit Risk Transfer Trust (SCRT) offering of 2025—a securitization of approximately
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2025-2 includes approximately
On and after closing, the Mortgage Loans will be serviced by Newrez LLC d/b/a Shellpoint Mortgage Servicing and Select Portfolio Servicing, Inc. and will be serviced in accordance with requirements that, in the event of default, prioritize borrower retention options and promote neighborhood stability.
Advisors to this transaction are Wells Fargo Securities, LLC and Citigroup Global Markets Inc., as co-lead managers and joint bookrunners, and BofA Securities, Inc., Nomura Securities International, Inc., Oppenheimer & Co. Inc., and R. Seelaus & Co., LLC (a woman-owned business), as co-managers.
To date, Freddie Mac has sold over
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, 2024, filed with the Securities and Exchange Commission (SEC) on February 13, 2025; 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, 2024, 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, 2024, and its reports on Form 10-Q and Form 8-K, which are available on the Investor Relations page of the company’s website 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
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