Investor Presentaiton
Q-Deal Program
Overview
Underwriting Criteria
Q-Deal Securitization
and Structure
Q-Deal Issuance and
Performance
Recent Transaction
Highlights
Typical Q-Deal Issuance Timeline
Preliminary / Term Sheet
2-4 weeks
Underwriting, Legal and
CRC Due Diligence
5 - 8 weeks
Credit Approval Date
Marketing/Placement
1 - 2 weeks
Appendix/Investor
Resources
Closing/Settlement
1 week
Servicing & Reporting
Ongoing
☐
Identify pool collateral
Negotiate and execute
term sheet
■ Obtain Guarantee Fee
pricing
■ Populate initial data
tape
■ Review loan files
■Complete required
appraisals,
inspections, and
populate Underwriting,
Insurance and
Securitization data
tapes
■ Finalize legal
documents, exceptions
to representation and
warranties1
Engage and select
Special Servicer and
Trustee
■ Formal Freddie Mac
credit approval for
underwriting and legal
Final pool signoff
Counterparty (loan
seller) approval and
servicing parties'
approval
1 The sponsor must provide loan-level representations and warranties to the securitization trust
Q-Deal Program Freddie Mac Multifamily
■ Broker-Dealer
announces transaction
■ Launch and price
securities
Prepare for closing
■ Settlement
Mortgage files
transferred to trustee
and Master Servicer
■ Serve as Master
Servicer and guarantor
Surveillance
3View entire presentation