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Executing a Giant Transaction

In order to set up a Giant PC you must be an approved member of the Freddie Mac Giant Dealer Group or you must work through an approved dealer. To find out how to become an approved dealer, please visit page, How to Become an Approved Dealer.

For assistance with the execution of a Giant transaction approved dealers may contact Freddie Mac Single-Class Issuance by phone or by email.

Phone: (800) 366-2572 or (571) 382-5566

Email Address: giants@freddiemac.com

Giant PC transactions may be established on any business day of the month. Giant PC settlements may only occur beginning one business day after the factor release through the last business day of the month with the exception of two business days prior to the last business day of the month (REMIC collateral delivery day).

The following information is required when setting up a trade:

Fixed-rate Giant PCs ARM Giant PCs
  • Settlement Date
  • Current UPB
  • Term
  • Coupon
  • Interest-only PCs (Y or N)
  • Prepayment Penalty PCs (Y or N)
  • Reduced Servicing PCs (Y or N)
  • Settlement Date
  • Current UPB
  • Interest-only PCs (Y or N)
  • Prepayment Penalty PCs (Y or N)
  • Reduced Servicing PCs (Y or N)
  • Convertible (Y or N)

Upon execution of the Giant transaction, a Securities Marketing Representative will provide you with the following information:

  • Pool Number
  • CUSIP Number
  • Any Applicable Giant Transaction Fees

A member of Freddie Mac’s Securities Allocation Management group will contact you to confirm the following trade details:

  • Pool Number
  • CUSIP Number
  • UPB
  • Settlement
  • Coupon (Fixed-rate PCs only)
  • Any Applicable Giant Transaction Fees

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