Press Release: Freddie Mac Announces Results of Tender Offer for Certain STACR Notes

Dow Jones
05/11

MCLEAN, Va., May 11, 2026 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) (the "Company") today announced the tender results of its previously announced offer to purchase (the "Offer") any and all of the STACR$(R)$ (Structured Agency Credit Risk) Notes listed in the table below (the "Notes"). Each of the classes of Notes subject to the Offer were issued by the applicable STACR trust identified in the table below (each, a "Trust"). Freddie Mac is the holder of the owner certificate issued by each Trust and, as a result, the sole beneficial owner of each Trust.

The Company has conducted the Offer in accordance with the conditions set forth in the Offer to Purchase dated May 4, 2026 (the "Offer to Purchase") and related Notice of Guaranteed Delivery dated May 4, 2026 (collectively, the "Offer Documents"). Capitalized terms used but not defined in this Press Release have the meanings ascribed to such terms in the Offer Documents.

As of 5:00 p.m., New York City time, on Friday, May 8, 2026 (the "Expiration Time"), approximately $1.4 billion aggregate original principal amount of the Notes had been validly tendered and not properly withdrawn as set forth in the table below:

 
                           CUSIP                                                          Original 
                          Number      ISIN Number                    Percentage of       Principal 
                          (U.S. /       (U.S. /       Original    Original Principal       Amount 
 Title of     STACR     Regulation    Regulation     Principal    Amount Tendered and   Tendered and 
 Security     Trust         S)            S)           Amount         Accepted(1)       Accepted(2) 
----------  ----------  -----------  -------------  ------------  -------------------  -------------- 
             Freddie 
             Mac STACR 
  STACR        REMIC                 US35566CBD65 
 2020-DNA6     Trust    35566CBD6 /        / 
    B-1      2020-DNA6   U3197RBD5    USU3197RBD53  $139,000,000  100.00%               $139,000,000 
----------  ----------  -----------  -------------  ------------  ------   ----------  -------------- 
             Freddie 
             Mac STACR 
  STACR        REMIC                 US35564KBD00 
 2021-DNA1     Trust    35564KBD0 /        / 
    B-1      2021-DNA1   U3201WBD8    USU3201WBD84  $208,000,000   99.88%               $207,760,000 
----------  ----------  -----------  -------------  ------------  ------   ----------  -------------- 
             Freddie 
             Mac STACR 
  STACR        REMIC                 US35564KGR41 
 2021-HQA2     Trust    35564KGR4 /        / 
    B-1      2021-HQA2   U3201WGR2    USU3201WGR26  $100,000,000   14.55%               $14,550,000 
----------  ----------  -----------  -------------  ------------  ------   ----------  -------------- 
             Freddie 
             Mac STACR 
  STACR        REMIC                 US35564KWT23 
 2022-DNA4     Trust    35564KWT2 /        / 
   M-1B      2022-DNA4   U3201WWT0    USU3201WWT08  $537,000,000   86.64%               $465,266,000 
----------  ----------  -----------  -------------  ------------  ------   ----------  -------------- 
             Freddie 
             Mac STACR 
  STACR        REMIC                 US35564KL497 
 2022-DNA7     Trust    35564KL49 /        / 
   M-1B      2022-DNA7   U3201WL39    USU3201WL393  $180,000,000   48.78%               $87,800,000 
----------  ----------  -----------  -------------  ------------  ------   ----------  -------------- 
             Freddie 
             Mac STACR 
  STACR        REMIC                 US35564KB324 
 2022-HQA2     Trust    35564KB32 /        / 
   M-1B      2022-HQA2   U3201WB30    USU3201WB303  $187,000,000   91.44%               $171,000,000 
----------  ----------  -----------  -------------  ------------  ------   ----------  -------------- 
             Freddie 
             Mac STACR 
  STACR        REMIC                 US35564KT581 
 2023-DNA2     Trust    35564KT58 /        / 
   M-1A      2023-DNA2   U3201WT49    USU3201WT495  $382,000,000   80.52%               $307,570,177 
----------  ----------  -----------  -------------  ------------  ------   ----------  -------------- 
  Total                                                                                $1,392,946,177 
-------------------------------------------------------------------------------------  -------------- 
 
   1. Rounded to the nearest hundredth of a percent. 
 
   2. For STACR 2022-DNA4 M-1B, STACR 2022-DNA7 M-1B, STACR 2022-HQA2 M-1B and 
      STACR 2023-DNA2 M-1A, the original principal amount tendered and accepted 
      includes $3,200,000, $10,000,000, $37,504,000 and $17,634,739, 
      respectively, expected to be tendered by guaranteed delivery prior to the 
      Guaranteed Delivery Deadline. The Guaranteed Delivery Deadline is 5:00 
      p.m., New York City time, on Tuesday, May 12, 2026. 

The Settlement Date for the Notes tendered and accepted for purchase in the Offer is expected to occur on Tuesday, May 12, 2026. Any Notes tendered using the Notice of Guaranteed Delivery and accepted for purchase are expected to be purchased on Wednesday, May 13, 2026, but payment of accrued interest on such Notes will only be made to, but not including, the Settlement Date.

BofA Securities, Inc. and Citigroup Global Markets Inc. are lead dealer managers, and CastleOak Securities, L.P. is co-dealer manager, for the Offer. For additional information regarding the terms of the Offer, please contact BofA Securities, Inc. at (980) 387-3907 or (888) 292-0070 (toll-free); or Citigroup Global Markets Inc. at (212) 723-6106 or (800) 558-3745 (toll-free). Requests for the Offer Documents may be directed to Global Bondholder Services Corporation, as tender agent, at (212) 430-3774 or (855) 654-2015 (toll-free), or by email at contact@gbsc-usa.com.

This announcement does not constitute an invitation to participate in the Offer in or from any jurisdiction in or from which, or to or from any person to or from whom, it is unlawful to make such Offer under applicable securities laws or otherwise. The distribution of materials relating to the Offer, and the transactions contemplated by the Offer, may be restricted by law in certain jurisdictions where it is legal to do so. The Offer is void in all jurisdictions where it is prohibited. If materials relating to the Offer come into your possession, you are required by Freddie Mac to inform yourself of and to observe all of these restrictions. The materials relating to the Offer do not constitute, and may not be used in connection with, an offer or solicitation in any place where offers or solicitations are not permitted by law. If a jurisdiction requires that the Offer be made by a licensed broker or dealer and a dealer manager or any affiliate of a dealer manager is a licensed broker or dealer in that jurisdiction, the Offer shall be deemed to be made by the dealer manager or such affiliate on behalf of Freddie Mac in that jurisdiction.

About Freddie Mac Single-Family Credit Risk Transfer

Freddie Mac's Single-Family CRT programs transfer credit risk away from U.S. taxpayers to global private capital via securities and (re)insurance policies. We founded the GSE Single-Family CRT market when we issued our first Structured Agency Credit Risk (STACR(R) ) notes in July 2013. In November 2013, we introduced our Agency Credit Insurance Structure(R) (ACIS(R) ) program. Today, CRT serves as the primary source of private capital investment in residential mortgage credit. For specific STACR and ACIS transaction data, please visit Clarity, our CRT data intelligence portal.

About Freddie Mac

Freddie Mac's mission is to make home possible for families across the nation. We promote liquidity, stability and affordability in the housing market throughout all economic cycles. Since 1970, we have helped tens of millions of families buy, rent or keep their home. Learn More: Website | Consumers | X | LinkedIn | Facebook | Instagram | YouTube

MEDIA CONTACT: Fred Solomon

703-903-3861

Frederick_Solomon@freddiemac.com

(END) Dow Jones Newswires

May 11, 2026 09:09 ET (13:09 GMT)

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