Freddie Mac has taken out another reinsurance policy that transfers risk of default on mortgages it insures.

This particular agency credit insurance structure (ACIS) provides coverage based on the actual losses incurred by the government sponsored enterprise on a referenced pool of residential mortgages for up to $450 million.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.