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News  ›  GlobeNewswire Inc.

2025 Year-End NAIC Designations for STACR REMIC Trust, STACR Trust, and STACR Debt Notes

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2025 Year-End NAIC Designations for STACR REMIC Trust, STACR Trust, and STACR Debt Notes

Freddie Mac announced the 2025 NAIC filing year designations for 213 STACR Notes, with 207 achieving NAIC 1 Designation and 6 achieving NAIC 2 Designation. One exchangeable note (STACR 2024-DNA2 M2B) was downgraded from NAIC 1 to NAIC 2, while its related MACR Note maintained its NAIC 1 rating.

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Mentioned as part of broader EV market discussion, with slower than expected sales growth due to high interest rates and regulatory changes


FMCC   neutral

The announcement reports mostly positive results with 207 of 213 notes maintaining or achieving NAIC 1 status. However, the downgrade of one note from NAIC 1 to NAIC 2 introduces a minor negative element, resulting in an overall neutral sentiment as the vast majority of notes performed well.