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The latest offering, STACR Series 2015-DNA1, represents a couple of firsts for Freddie Mac's STACR program: it is the enterprise's first transaction in which losses will be allocated based on actual losses realized on related reference obligations instead of using a fixed severity approach to allocate losses.
Read More »Freddie Mac Prices Third STACR Offering of 2015 at More Than $1 Billion
