Freddie Mac · OTC:FMCC
Freddie Mac — Debt Investor Presentation (June 2026)
29 slides from Freddie Mac's debt investor presentation, Jun 30, 2026
Slide 1: Tax-Exempt Loan Program Overview (ML-Deal)
Tax-Exempt Loan Program Overview (ML-Deal®) Investor Presentation as of June 30, 2026
Slide 2: Tax-Exempt Loan Program Overview
ML-Deal Program Overview Production, Sales and Underwriting ML-Deals and Structure Securitization ML-Deals Issuance and Performance Recent Transaction Highlight CRA and Impact Bonds Appendix/Investor Resources ML-Deal Program Production, Sales and ML-Deals Securitization ML-Deals Issuance and Recent
Slide 3: Tax-Exempt Loan Program Overview
ML-Deal Program Overview Production, Sales and Underwriting ML-Deals and Structure Securitization ML-Deals Issuance and Performance Recent Transaction Highlight CRA and Impact Bonds Appendix/Investor Resources ML-Deal Program Production, Sales and ML-Deals Securitization ML-Deals Issuance and Recent
Slide 4: Sourcing TEL Business
ML-Deal Program Overview Production, Sales and Underwriting ML-Deals and Structure Securitization ML-Deals Issuance and Performance Recent Transaction Highlight CRA and Impact Bonds Appendix/Investor Resources ML-Deal Program Production, Sales and ML-Deals Securitization ML-Deals Issuance and Recent
Slide 5: ML-Deal Mortgage Guidelines
ML-Deal Program Overview Production, Sales and Underwriting ML-Deals and Structure Securitization ML-Deals Issuance and Performance Recent Transaction Highlight CRA and Impact Bonds Appendix/Investor Resources ML-Deal Program Production, Sales and ML-Deals Securitization ML-Deals Issuance and Recent
Slide 6: ML-Deal Mortgage Guidelines
ML-Deal Program Overview Production, Sales and Underwriting ML-Deals and Structure Securitization ML-Deals Issuance and Performance Recent Transaction Highlight CRA and Impact Bonds Appendix/Investor Resources ML-Deal Program Production, Sales and ML-Deals Securitization ML-Deals Issuance and Recent
Slide 7: Multifamily Securitization Program Strengths
ML-Deal Program Overview Production, Sales and Underwriting ML-Deals and Structure Securitization ML-Deals Issuance and Performance Recent Transaction Highlight CRA and Impact Bonds Appendix/Investor Resources ML-Deal Program Production, Sales and ML-Deals Securitization ML-Deals Issuance and Recent
Slide 8: ML Securitization Program
ML-Deal Program Overview Production, Sales and Underwriting ML-Deals and Structure Securitization ML-Deals Issuance and Performance Recent Transaction Highlight CRA and Impact Bonds Appendix/Investor Resources ML-Deal Program Production, Sales and ML-Deals Securitization ML-Deals Issuance and Recent
Slide 9: ML Investment Opportunity
ML-Deal Program Overview Production, Sales and Underwriting ML-Deals and Structure Securitization ML-Deals Issuance and Performance Recent Transaction Highlight CRA and Impact Bonds Appendix/Investor Resources ML-Deal Program Production, Sales and ML-Deals Securitization ML-Deals Issuance and Recent
Slide 10: TEL Structure for TAH
ML-Deal Program Overview Production, Sales and Underwriting ML-Deals and Structure Securitization ML-Deals Issuance and Performance Recent Transaction Highlight CRA and Impact Bonds Appendix/Investor Resources ML-Deal Program Production, Sales and ML-Deals Securitization ML-Deals Issuance and Recent
Slide 11: Overview of ML-Deal Process with Freddie Mac Collateral
ML-Deal Program Overview Production, Sales and Underwriting ML-Deals and Structure Securitization ML-Deals Issuance and Performance Recent Transaction Highlight CRA and Impact Bonds Appendix/Investor Resources ML-Deal Program Production, Sales and ML-Deals Securitization ML-Deals Issuance and Recent
Slide 12: Overview of ML-Deal Process with Third-Party Collateral
ML-Deal Program Overview Production, Sales and Underwriting ML-Deals and Structure Securitization ML-Deals Issuance and Performance Recent Transaction Highlight CRA and Impact Bonds Appendix/Investor Resources ML-Deal Program Production, Sales and ML-Deals Securitization ML-Deals Issuance and Recent
Slide 13: Basic ML-Deal Transaction Structure with Freddie Mac Collateral
ML-Deal Program Overview Production, Sales and Underwriting ML-Deals and Structure Securitization ML-Deals Issuance and Performance Recent Transaction Highlight CRA and Impact Bonds Appendix/Investor Resources ML-Deal Program Production, Sales and ML-Deals Securitization ML-Deals Issuance and Recent
Slide 14: Basic ML-Deal Transaction Structure with Third-Party Collateral
ML-Deal Program Overview Production, Sales and Underwriting ML-Deals and Structure Securitization ML-Deals Issuance and Performance Recent Transaction Highlight CRA and Impact Bonds Appendix/Investor Resources ML-Deal Program Production, Sales and ML-Deals Securitization ML-Deals Issuance and Recent
Slide 15: Sample ML Trust Structure
ML-Deal Program Overview Production, Sales and Underwriting ML-Deals and Structure Securitization ML-Deals Issuance and Performance Recent Transaction Highlight CRA and Impact Bonds Appendix/Investor Resources ML-Deal Program Production, Sales and ML-Deals Securitization ML-Deals Issuance and Recent
Slide 16: Sample ML-Deal Subordination – Sequential Pay
ML-Deal Program Overview Production, Sales and Underwriting ML-Deals and Structure Securitization ML-Deals Issuance and Performance Recent Transaction Highlight CRA and Impact Bonds Appendix/Investor Resources ML-Deal Program Production, Sales and ML-Deals Securitization ML-Deals Issuance and Recent
Slide 17: Sample ML-Deal Loss Scenarios
ML-Deal Program Overview Production, Sales and Underwriting ML-Deals and Structure Securitization ML-Deals Issuance and Performance Recent Transaction Highlight CRA and Impact Bonds Appendix/Investor Resources ML-Deal Program Production, Sales and ML-Deals Securitization ML-Deals Issuance and Recent
Slide 18: Sample ML-Deal Loss Scenarios (Cont.)
ML-Deal Program Overview Production, Sales and Underwriting ML-Deals and Structure Securitization ML-Deals Issuance and Performance Recent Transaction Highlight CRA and Impact Bonds Appendix/Investor Resources ML-Deal Program Production, Sales and ML-Deals Securitization ML-Deals Issuance and Recent
Slide 19: ML, M and K Certificate Issuance and Market Comparison
ML-Deal Program Overview Production, Sales and Underwriting ML-Deals and Structure Securitization ML-Deals Issuance and Performance Recent Transaction Highlight CRA and Impact Bonds Appendix/Investor Resources ML-Deal Program Production, Sales and ML-Deals Securitization ML-Deals Issuance and Recent
Slide 20: ML-Deal Program Issuance and Performance
ML-Deal Program Overview Production, Sales and Underwriting ML-Deals and Structure Securitization ML-Deals Issuance and Performance Recent Transaction Highlight CRA and Impact Bonds Appendix/Investor Resources ML-Deal Program Production, Sales and ML-Deals Securitization ML-Deals Issuance and Recent
Slide 21: Historical Investor Participation
ML-Deal Program Overview Production, Sales and Underwriting ML-Deals and Structure Securitization ML-Deals Issuance and Performance Recent Transaction Highlight CRA and Impact Bonds Appendix/Investor Resources ML-Deal Program Production, Sales and ML-Deals Securitization ML-Deals Issuance and Recent
Slide 22: ML-35 Transaction Highlights
ML-Deal Program Overview Production, Sales and Underwriting ML-Deals and Structure Securitization ML-Deals Issuance and Performance Recent Transaction Highlight CRA and Impact Bonds Appendix/Investor Resources ML-Deal Program Production, Sales and ML-Deals Securitization ML-Deals Issuance and Recent
Slide 23: ML Certificates as a CRA and/or Impact Bonds Investment
ML-Deal Program Overview Production, Sales and Underwriting ML-Deals and Structure Securitization ML-Deals Issuance and Performance Recent Transaction Highlight CRA and Impact Bonds Appendix/Investor Resources ML-Deal Program Production, Sales and ML-Deals Securitization ML-Deals Issuance and Recent
Slide 24: Multifamily Delinquency Rates
ML-Deal Program Overview Production, Sales and Underwriting ML-Deals and Structure Securitization ML-Deals Issuance and Performance Recent Transaction Highlight CRA and Impact Bonds Appendix/Investor Resources ML-Deal Program Production, Sales and ML-Deals Securitization ML-Deals Issuance and Recent
Slide 25: Resources – Multifamily Loan Performance Database
ML-Deal Program Overview Production, Sales and Underwriting ML-Deals and Structure Securitization ML-Deals Issuance and Performance Recent Transaction Highlight CRA and Impact Bonds Appendix/Investor Resources ML-Deal Program Production, Sales and ML-Deals Securitization ML-Deals Issuance and Recent
Slide 26: LIHTC Performance
ML-Deal Program Overview Production, Sales and Underwriting ML-Deals and Structure Securitization ML-Deals Issuance and Performance Recent Transaction Highlight CRA and Impact Bonds Appendix/Investor Resources ML-Deal Program Production, Sales and ML-Deals Securitization ML-Deals Issuance and Recent
Slide 27: Stay Up to Date with Our Investor Resources
ML-Deal Program Overview Production, Sales and Underwriting ML-Deals and Structure Securitization ML-Deals Issuance and Performance Recent Transaction Highlight CRA and Impact Bonds Appendix/Investor Resources ML-Deal Program Production, Sales and ML-Deals Securitization ML-Deals Issuance and Recent
Slide 28: Loan Performance Resources
ML-Deal Program Overview Production, Sales and Underwriting ML-Deals and Structure Securitization ML-Deals Issuance and Performance Recent Transaction Highlight CRA and Impact Bonds Appendix/Investor Resources ML-Deal Program Production, Sales and ML-Deals Securitization ML-Deals Issuance and Recent
Slide 29: Forward-looking statements
This product overview may contain forward-looking statements. Forward-looking statements involve known and unknown risks and uncertainties, some of which are beyond the company’s control. Management’s expectations for the company’s future necessarily involve several assumptions, judgments and estima