Kroll Bond Ratings Agency plans to rate the M1 and M2 notes of Freddie Mac's latest $966 million risk-share securitization, STACR 2014-DN2.

KBRA expects to rate the M1 notes ‘A’ and the M2 notes ‘BBB; the structure will also issue M3 notes that will not be rated by the ratings agency.  Freddie Mac’s February deal, STACR 2014-DN1, also offered three tranches (M1, M2 and M3) with different levels of credit support. This is the second STACR transaction to be rated by KBRA.

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