In March 2022, the United States Federal Reserve began a series of aggressive rate hikes in an effort to tame an 8.5% year-over-year inflation rate1 that peaked at 9.1%, the highest rate in roughly. | June 14, 2023
Each reference tranche represents risk retained by Freddie Mac.
The amount of periodic principal and ultimate principal paid by the trust is determined by the performance of the MSCR 2021-MN1 reference pool, which consists of approximately 302 multifamily mortgage loans originated between 2013 and 2020 with an approximate unpaid principal balance of $4.9 billion. The loans adhere to Freddie Mac s multifamily underwriting, internal fraud prevention and quality control standards.
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Co-Lead Managers and Joint Bookrunners: BofA Securities, Inc. and Wells Fargo Securities, LLC
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, 2019, filed with the Securities and Exchange Commission (SEC) on February 13, 2020; all other reports Freddie Mac filed with the SEC pur