Freddie Mac Announces Milestone 100th ACIS Transaction in Credit Risk Transfer Program

MCLEAN, Va. - In a significant development for the housing finance industry, Freddie Mac FMCC has achieved a landmark with its Single-Family Credit Risk Transfer (CRT) Program. The program has successfully completed its 100th Agency Credit Insurance Structure (ACIS) transaction, cementing its position as a crucial mechanism for distributing mortgage credit risk to the private sector. This milestone underscores Freddie Mac's dedication to enhancing the stability and risk distribution of the housing market, through its innovative use of insurance and reinsurance arrangements.

The Impact of the ACIS Program

The ACIS initiative has been instrumental in paving the way for a more resilient housing finance ecosystem. By transferring credit risk from taxpayers to private investors, the program helps to mitigate potential impacts on the federal budget and reduces systemic risks. The ACIS transactions facilitate the spread of risk by covering a portion of the losses on mortgages Freddie Mac insures, which can lead to a more secure marketplace for single-family mortgage loans. The successful execution of 100 transactions is a testament to the robustness and efficacy of the program.

Strategic Benefits and the Path Forward

Reaching the 100th transaction milestone is not merely a numerical accomplishment but also marks the strategic progress Freddie Mac has made through the CRT program. Looking ahead, Freddie Mac FMCC continues to prioritize the enhancement of its risk management practices and aims to cultivate a more sustainable housing finance system. The sustained implementation of ACIS transactions demonstrates the organization's commitment to financial innovation and its role as a pillar of support in the housing sector.

FreddieMac, CRT, ACIS