For the second consecutive year Freddie Mac's Structured Agency Credit Risk (STACR®) debt notes have been named RMBS Deal of the Year by Global Capital, a leading financial news and data service covering the capital markets. Freddie Mac also earned top honors for Best Overall Securitization Issuer and Best RMBS Issuer.
These are one of the premier capital markets awards that pay tribute to the achievements of issuers, investors, banks and law firms in the past 12 months. The awards are the result of a poll for nominees and open voting from industry members.
The first STACR transaction in 2013 sparked demand that has been growing steadily. Freddie Mac was the first agency to market credit risk transfer transactions with STACR, Whole Loan SecuritiesSM (WLSSM) and Agency Credit Insurance Structure (ACIS®) and has since grown its investor base to more than 200 unique investors, including many of the largest money managers in the U.S.
Previous awards are 2015 STACR Deal of the Year by GlobalCapital, 2014 Global Structured Deal of the Year by Euromoney and 2014 U.S. Deal of the Year by The Banker.