Investor Presentaiton
Q-Deal Program
Overview
Underwriting Criteria
Q-Deal Securitization
and Structure
Q-Deal Issuance and
Performance
Recent Transaction
Highlights
Appendix/Investor
Resources
Stay up to Date with Our Investor Resources
Multifamily Issuance Calendar - https://mf.freddiemac.com/docs/mf_issuance_calendar.pdf
Q-Deal Program Handout - https://mf.freddiemac.com/docs/q_deal_handout.pdf
Q-Deal Performance Data - https://mf.freddiemac.com/docs/q_deal_performance.pdf
Third-Party Loan Securitization Term Sheet - https://mf.freddiemac.com/docs/product/third_party_loan_securitization.pdf
Security Lookup Tool - https://mf.freddiemac.com/investors/sd-remic-lookup
Multifamily Securities Pricing - https://mf.freddiemac.com/investors/multifamily-securities-pricing
Freddie Mac
MULTIFAMILY
Freddie Mac
MULTIFAMILY
Q-Deal Program Handout
Freddie Mac offers best-in-class multifamily securities and innovative credit risk transfer (CRT) products,
featuring transparency, consistency and strong performance as a result of our disciplined credit approach, high-
quality borrowers and industry-leading Servicing Standard The addtion of the third-party loan securitization
(Q-Dea) line of business to Freddie Mac's lending platform was formally announced in 2014. The inaugural
Q Certificate was issued in November of 2014
Total Issuance as of December 31, 2023
$8.2 billion/24 deals
Minimum on pool size of at least
$150 million in aggregate UPS
REMIC
Freddie Mac Guarantee
Select Social Impact Bonds Offerings
Flexible structure
Master Serviced by Freddie Mac
Program Highlights
Affordable mulamily properties
Third party originations by
experienced lenders
Quality sponsorship
All loan collateral re-understan
by Freddie Mac
General DSCRLTV
Program Strengths
Strong Credit
Diversification
Transparency
Fredde Mac Guarantee
Multifamily Certificates
Q2 2024 Announcement Calendar
June
Calendar Key
TW TH
A
e
Optional
Announcement Week
12
20
H US Holiday
27
11 12 0101112
20
Collateral Types
Deal
Projected
Pruplacument
Announcement
Freddie Mac
Taxable Loans (SBL or
Name
Week of
Program
Collateral Rate
Туре
Collateral
Issuance Size
Loan Term
(millions)
15 millions)
12000% (58L & Rehab
9% LIHTC)
1.05% (LIHTC)
Rehab Loans
K-522
June 3, 2024
Conventional
Fixed
5-year
752
Flexble loan lem
ML-22
May 20, 2024
Fixed
Various
253
N/A
MBCR-
May 13, 2024
Credit Risk Transfer
Various
Various
TBD
O-Deal unique investor participation has continued to grow
K-5212
May 6, 2024
Conventional
Fixed
5-year
683
since the program inception. Investor participation mainly
comprises money managers and banks
K-163
April 29, 2024
Conventional
10-year
1.163
675
K-520
April 22.2024
Conventional
5-year
672
Q-Deal Investor Participation
Q-025
April 22 2024
Third-Party
Floating
7-year
324
145
SB-113
April 15, 2024
Small Balance
Various
Various
235
K-519
April 8, 2024
Conventional
Fand
5-year
692"
K-755
April 1, 2024
Conventional
Fixed
7-year
886
Freddie Mac Multifamily "Q" series is highly mon
driven and provides liquidity to small financial institutions
($10 billion or less in assets), sponsors and originators of
affordable taxable colateral
Credit and underwriting standards for O-
securized loans are in line with Freddie Mac Mutfamily
Conventional line of business
$1.500
1000
Q-Deal | Execution Volume & Deal Count
HMD
Call protection
2021 21122
2003
2018 2019 2020 2021 2022 2023
Money Manager Bance Companion Plan
133 investors
historically, with 13
participating in 2023
Average of 11 afferent accounts
per transaction historically, and
5 per transaction in 2023
Troddie Maria sole discretion over whether at the Ce to the which may be impacted by martel
Finformation My.com
►Q-Deals: Third-Party Loan Securitizations
Q-Deals: Third-Party Loan
Securitizations
Q-Deals are third-party loan securitizations designed to provide liquidity to
small financial institutions (the "sponsor so they can recycle capital and
support affordable housing with new lending Through our Q-Deal program
we convert illiquid loans into marketable Freddie Mac guaranteed secures
("O Series Certificates) which can either be sold or retained by the sponsor
Sponsor
Small financial institutions, community banks with $10 billion or less in assets,
and other well capitalized financial intitutions on a case by case b
Optimal loan pool size of at least $200 million in aggregate unpaid principal
balance (UPB individual sponsor loan contributions can be smaller in
Multi Sponsor Q-Deal securitization
Deal Collateral
Taxable multifamily mortgage loans including but not limited to
Conventional and anal balance
by properties with % Lowong TO
or and he strictive Agreement SURA
Rehab loans for properties with enters that quality at 60% or 80% a
Income
Freddie Mac Guarantee
Q Series Certificates are liquid securities which benefit from Fadde Mac
guarantee. Freddie Mac guarantees the timely payment of interest and
ultimate payment of principal on the guaranteed senior certificat
Benefits
Cube structure
Conventing Bed-party loans into Q Series
Corticates
Freddie Macguarantees payment of interest
Accfficient capital mahats funding
We Help You
Monete your portfo
adly
Optim
Maintationships
mt.freddiemac.com/product/
Freddie Mac
MULTIFAMILY
For additional information, please contact: [email protected] or visit our website at mf.freddiemac.com
Q-Deal Program Freddie Mac Multifamily
11
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