ACIS (re)insurance contracts transfer a portion of credit risk away from U.S. taxpayers on single-family mortgages that Freddie Mac acquires. Transactions can be linked to specific STACR (Structured Agency Credit Risk) reference pools, allowing (re)insurers co-participation alongside capital markets investors and Freddie Mac, or executed on standalone reference pools.
ACIS 2020-HQA2
M-1H: $81,144,464
M-2H: $154,925,838
B-1H: $40,557,232
B-2H: $16,559,248
B-3H: Fully Retained
M-1H: 1.00%
M-2H: 1.90%
B-1H: 0.50%
B-2H: 0.50%
B-3H: 0.10%
M-1H: 1.30%
M-2H: 2.75%
B-1H: 6.00%
B-2H: 13.00%
B-3H: N/A
ACIS 2020-DNA2
M-1H: $127,698,697
M-2H: $142,823,050
B-1H: $51,079,478
B-2H: $21,079,426
M-1H: 1.25%
M-2H: 1.40%
B-1H: 3.50%
B-2H: 10.20%
ACIS 2020-HQA1
M-1H: $70,174,636
M-2H: $108,032,713
B-1H: $28,268,634
B-2H: $12,271,250
M-1H: 0.95%
M-2H: 1.95%
B-1H: 3.80%
B-2H: 11.75%
ACIS 2020-DNA1
M-1H: $69,576,897
M-2H: $114,609,205
B-1H: $34,788,448
B-2H: $14,792,055
M-2H: 1.65%
B-1H: 3.55%
B-2H: 10.50%
ACIS 2019-HQA4
M-1H: $39,102,502
M-2H: $65,291,369
B-1H: $17,005,225
B-2H: $6,642,561
M-2H: 2.10%
B-1H: 0.55%
M-2H: 2.20%
B-1H: 4.10%
B-2H: 12.00%
ACIS 2019-DNA4
M-1H: $47,218,254
M-2H: $90,909,974
B-1H: $23,609,126
B-2H: $10,610,468
M-1H: 0.90%
B-1H: 3.75%
B-2H: 10.70%
ACIS 2019-HQA3
M-1H: $46,283,999
M-2H: $92,567,997
B-1H: $41,660,648
B-2H: $13,144,000
M-2H: 2.00%
B-1H: 0.90%
B-1H: 4.00%
B-2H: 12.25%
ACIS 2019-FTR2
M-1H: $27,353,324
M-2H: $39,092,286
B-1H: $12,677,894
B-2H: $8,677,174
M-2H: 2.05%
ACIS 2019-DNA3
M-1H: $62,558,156
M-2H: $131,500,130
B-1H: $31,279,077
B-2H: $25,280,151
M-2H: 2.15%
ACIS 2019-ARMR1
M-1H: $10,939,880
M-2H: $36,295,953
M-3H: $15,244,491
B-1H: $10,661,024
B-2H: $4,700,974
M-1H: 0.80%
M-2H: 2.70%
M-3H: 1.25%
B-1H: 1.00%
B-2H: 1.00%
B-3H: 0.25%
M-2H: 1.80%
M-3H: 2.75%
B-1H: 4.75%
B-2H: 12.50%
ACIS 2019-FTR1
B-2H: $46,369,987
B-2H: 0.44%
B-2H: 10.00%
ACIS 2019-HQA2
M-1H: $45,291,682
M-2H: $90,583,364
B-1H: $41,757,154
B-2H: $22,645,840
M-2H: 2.35%
B-1H: 4.35%
ACIS 2019-DNA2
M-1H: $35,919,320
M-2H: $114,941,823
B-1H: $24,279,590
B-2H: $24,279,590
M-1H: 0.75%
M-2H: 2.40%
M-2H: 2.45%
B-1H: 4.50%
B-2H: 10.75%
ACIS 2019-HQA1
M-1H: $46,492,156
M-2H: $109,141,531
B-1H: $46,492,156
B-2H: $25,606,994
M-1H: 1.05%
M-2H: 2.50%
ACIS 2019-DNA1
M-1H: $77,198,079
M-2H: $117,160,286
B-1H: $30,882,936
B-2H: $30,879,231
M-2H: 2.60%
B-1H: 4.55%
ACIS 2019-SAP1
M-1: $68,639,277
M-2: $$91,519,035
B-1: $45,759,518
B-2: $45,759,518
B-3: Fully Retained
M-1: 0.45%
M-2: 0.60%
B-1: 0.30%
B-2: 0.30%
B-3: 0.05%
M-1: 0.90%
M-2: 2.65%
B-1: 4.70%
B-2: 9.75%
B-3: N/A
ACIS 2018-HQA2
M-1H: $87,816,973
M-2H: $160,065,297
B-1H: $43,908,487
B-2H: $49,098,377
M-2H: 1.85%
B-2H: 0.55%
M-2H: 2.90%
B-1H: 4.85%
ACIS 2018-DNA3
M-1H: $71,328,645
M-2H: $134,533,749
B-1H: $35,664,322
B-2H: $35,664,322
B-2H: 9.90%
ACIS 2018-AFRM1
M-1: $114,000,000
M-2: $228,000,000
B-1: $57,000,000
B-2: Fully Retained
M-1: 1.00%
M-2: 2.00%
B-1: 0.50%
B-2: 0.60%
M-1: 1.14%
M-2: 3.18%
B-1: 5.22%
B-2: N/A
ACIS 2018-DNA2
M-1H: $118,767,664
M-2H: $178,151,496
B-1H: $59,383,833
B-2H: Fully Retained
M-2H: 1.50%
B-2H: N/A
ACIS 2018-ARMR1
M-1H: Fully Retained
M-2H: $121,505,875
B-1H: $86,362,388
B-2H: $86,362,388
M-1H: 0.25%
M-2H: 1.75%
B-1H: 1.25%
B-2H: 1.25%
M-1H: N/A
B-1H: 3.95%
B-2H: 11.95%
ACIS 2018-SAP1
M-1: $109,137,473
M-2: $136,421,841
B-1: $54,568,736
M-1: 0.60%
M-2: 0.75%
M-1: 0.85%
M-2: 2.75%
B-1: 4.75%
ACIS 2018-HQA1
M-1H: $79,757,759
M-2H: $218,109,766
B-1H: $50,471,717
M-1H: 0.85%
ACIS 2018-DNA1
M-1H: $66,955,331
M-2H: $152,902,089
B-1H: $34,976,874
ACIS 2017-ARMR1 (2017-9)
M-2H: $221,515,010
B-1H: $32,187,443
B-2H: $31,399,930
M-2H: 2.25%
B-1H: 0.75%
B-2H: 0.75%
B-1H: 4.80%
ACIS 2017-HQA3 (2017-8)
M-1H: $44,462,602
M-2H: $150,061,283
B-1H: $27,789,126
B-1H: 4.40%
ACIS 2017-DNA3 (2017-7)
M-1H: $133,409,918
M-2H: $200,114,876
B-1H: $66,704,959
ACIS 2017-AFRM1 (2017-6)
M-1: $199,500,000
M-2: $349,125,000
B-1: $99,750,000
M-2: 1.75%
B-2: 0.50%
M-1: 1.10%
M-2: 3.20%
B-1: 5.40%
ACIS 2017-HQA2 (2017-5)
M-1H: $75,228,937
M-2H: $150,457,876
B-1H: $37,614,469
M-1H: 1.10%
M-2H: 3.10%
B-1H: 4.70%
ACIS 2017-SAP1 (2017-4)
M-1: $22,765,143
M-2: $54,636,343
M-3: $63,742,400
M-4: $27,318,171
B: Fully Retained
M-1: 0.25%
M-3: 0.70%
M-4: 0.30%
B: 0.30%
M-1: 0.95%
M-2: 1.70%
M-3: 4.10%
M-4: 6.90%
B: N/A
ACIS 2017-DNA2 (2017-3)
M-1H: $176,131,394
M-2H: $190,785,979
B-1H: $73,379,223
M-1H: 1.20%
M-2H: 1.30%
M-2H: 3.25%
B-1H: 4.95%
ACIS 2017-HQA1 (2017-2)
M-1H: $71,738,780
M-2H: $161,431,735
B-1H: $19,134,676
M-2H: 3.50%
B-1H: 5.00%
ACIS 2017-DNA1 (2017-1)
M-1H: $97,172,197
M-2H: $125,109,168
B-1H: $41,326,563
M-2H: 1.55%
B-1H: 5.25%
ACIS 2016-SAP1 (2016-10)
M-1: $35,611,962
M-2: $85,468,709
M-3: $121,080,672
M-4: $42,734,355
M-3: 0.85%
B: 0.15%
M-1: 0.80%
M-2: 1.40%
M-3: 3.25%
M-4: 5.60%
ACIS 2016-HQA4 (2016-9)
M-1H: $35,887,933
M-2H: $36,123,237
M-3H: $59,634,806
B-H: $16,602,734
M-1H: 1.23%
M-2H: 1.23%
M-3H: 2.05%
B-H: 1.00%
M-3H: 4.05%
B-H: 9.15%
ACIS 2016-DNA4 (2016-8)
M-1H: $58,177,260
M-2H: $59,001,463
M-3H: $118,002,925
B-H: $31,087,338
M-2H: 1.00%
M-3H: 2.00%
M-3H: 3.75%
B-H: 8.75%
ACIS 2016-HQA3 (2016-7)
M-1H: $50,370,635
M-2H: $52,951,891
M-3H: $72,563,703
B-H: $19,257,798
M-2H: 1.35%
M-3H: 1.85%
M-2H: 2.30%
M-3H: 4.25%
B-H: 9.35%
ACIS 2016-DNA3 (2016-6)
M-1H: $61,418,671
M-2H: $58,347,738
M-3H: $125,908,276
B-H: $31,143,305
M-2H: 0.95%
M-3H: 4.00%
B-H: 9.25%
ACIS 2016-HQA2 (2016-5)
M-1H: $41,307,378
M-2H: $61,961,068
M-3H: $82,614,757
B-H: $22,119,919
M-3H: 4.50%
B-H: 9.50%
ACIS 2016-DNA2 (2016-4)
M-1H: $55,729,625
M-2H: $59,507,008
M-3H: $148,767,507
B-H: $39,271,798
M-2H: 0.90%
M-3H: 2.25%
B-H: 8.95%
ACIS 2016-SAP1 (2016-3)
M-1: $25,170,857
M-2: $60,410,057
M-3: $85,580,914
M-4: $30,205,028
M-2: 1.50%
M-3: 3.50%
M-4: 5.75%
ACIS 2016-HQA1 (2016-2)
M-1H: $77,364,375
M-2H: $84,397,500
M-3H: $154,728,751
B-H: $19,810,799
M-2H: 1.20%
M-3H: 2.20%
ACIS 2016-DNA1 (2016-1)
M-1H: $104,309,951
M-2H: $99,342,811
M-3H: $193,718,481
B-H: $53,274,416
M-3H: 1.95%
B-H: 8.35%
ACIS 2015-HQA1 (2015-10)
M-1H: $23,663,956
M-2H: $54,137,905
M-3H: $40,904,195
B-H: $16,865,184
M-3H: 1.70%
M-1H: 1.15%
M-3H: 4.10%
B-H: 8.30%
ACIS 2015-HQA2 (2015-9)
M-1H: $62,465,810
M-2H: $153,041,234
M-3H: $121,808,329
B-H: $35,500,220
ACIS 2015-DNA3 (2015-8)
M-1H: $129,674,781
M-2H: $285,284,514
M-3H: $213,963,388
B-H: $73,496,603
M-3H: 1.65%
ACIS 2015-DNA2 (2015-7)
M-1H: $101,476,652
M-2H: $207,663,075
M-3H: $103,831,537
B-H: $89,844,277
M-3H: 1.00%
B-H: 1.50%
B-H: 7.40%
ACIS 2015-DNA1 (2015-6)
M-1H: $21,930,592
M-2H: $22,787,612
M-3H: $28,484,515
B-H: $59,346,799
M-3H: 3.25%
B-H: 7.50%
ACIS 2015-HQ1 (2015-5)
M-1H: $9,000,370
M-2H: $9,141,334
M-3H: $7,835,430
B-H: $24,112,149
M-1H: 1.75%
M-3H: 1.50%
M-3H: 3.70%
B-H: 8.50%
ACIS 2015-DN1 (2015-4)
M-1H: $28,397,312
M-2H: $32,586,016
M-3H: $48,879,025
B-H: $63,190,073
M-3H: 3.40%
ACIS 2014-DN4 (2015-3)
M-1H: $19,266,689
M-2H: $25,395,712
M-3H: $46,884,392
B-H: Fully Retained
M-3H: 2.40%
B-H: 0.50%
B-H: N/A
ACIS 2014-DN3 (2015-2)
M-1H: $26,899,710
M-2H: $33,104,689
M-3H: $55,174,481
B-H: 0.40%
ACIS 2014-HQ2 (2015-1)
M-1H: $180,130,131
M-2H: $169,074,068
M-3H: $150,795,790
M-1H: 2.00%
B-H: 0.60%
ACIS 2014-DN2 (2014-3)
M-1H: $35,640,765
M-2H: $56,090,260
M-3H: $63,568,962
B-H: 0.30%
M-1H: 1.13%
M-2H: 2.03%
M-3H: 3.60%
ACIS 2014-DN1 (2014-2)
M-1H: $66,262,277
M-2H: $102,274,759
M-3H: $115,911,393
M-3H: 2.61%
ACIS 2013-DN2 (2014-1)
M-1H: $100,736,022
M-2H: $168,749,859
M-1H: 1.36%
M-2H: 4.12%
ACIS 2013-DN1 (2013-1)
M-1H: $38,707,505
M-2H: $38,707,505
M-1H: 1.35%
M-1H: 2.35%
M-2H: 5.35%
*All deals prior to March 2019 were based on acquisition funding period, after March 2019 aggregation period is based on PC settlement date.
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