Freddie Mac · OTC:FMCC
Freddie Mac — Debt Investor Presentation (August 2014)
12 slides from Freddie Mac's debt investor presentation, August 2014
Slide 1: K-Deal Performance
K-Deal Performance August 2014
Slide 2: Introduction
Introduction The information in the K-Deal Performance presentation is presented as of August 31, 2014, and could become out of date and/or inaccurate. Freddie Mac does not undertake any obligation, and disclaims any duty, to update any of the information in the K-Deal Performance presentation. Pr
Slide 3: K-Deal Performance
K-Deal Performance Freddie Mac’s K-Deal program through August 2014 » 65 K-Deal transactions » $81.6 billion in combined issuance » 4,490 loans (original loan count) Loan Payoffs through August 2014 » 69 loans (1.44% of combined issuance, by loan balance) have paid off on or prior to maturity da
Slide 4: K-Deal Performance (continued)
K-Deal Performance (continued) Performance has remained strong. As of the August 2014 reporting date: » 99.99% of the K-Deal loans are current (of outstanding principal) » There is one 90+ days delinquent loan (representing 1 bp of outstanding principal) » Five loans are in special servicing (repr
Slide 5: 10 Year K-Deals
10 Year K-Deals Senior Subordination Level Active % of Supplemental Original Balance Current Balance Change in Loan # Supplemental UPB to Current Deal % DQ= Cum Appraisal % Specially % on % Fully K-Deal Settlement Date (millions) (Millions) Factor Original Current Sub Level Count Loans UPB Cum Deal
Slide 6: 10 Year K-Deals (continued)
10 Year K-Deals (continued) Senior Subordination Level Active % of Supplemental Original Balance Current Balance Change in Loan # Supplemental UPB to Current Deal Cum Deal % DQ= Cum Appraisal % Specially % on % Fully K-Deal Settlement Date (millions) (Millions) Factor Original Current Sub Level Coun
Slide 7: 7 Year K-Deals
7 Year K-Deals Senior Subordination Level Active % of Supplemental Original Balance Current Balance Change in Loan # Supplemental UPB to Current Deal Cum Deal % DQ= Cum Appraisal % Specially % on % Fully K-Deal Settlement Date (millions) (Millions) Factor Original Current Sub Level Count Loans UPB L
Slide 8: 5 Year and Other K-Deals
5 Year and Other K-Deals Senior Subordination Level Active % of Supplemental Original Balance Current Balance Change in Sub Loan # Supplemental UPB to Current Deal Cum Deal % DQ= Cum Appraisal % Specially % on % Fully K-Deal Settlement Date (millions) (Millions) Factor Original Current Level Count L
Slide 9: Delinquent and Specially Serviced Loans
Delinquent and Specially Serviced Loans* Prospectus Loan UW YE 2012 YE 2012 Most Recent Most Recent K-Deal Loan ID Property Name State MSA (City) UPB Status DCR DCR Occup DCR As of Occup As of Summary of Servicer Comment Receiver engaged a property tax appeals firm to evaluate the tax assessments fo
Slide 10: Servicer Watchlist Loans
Servicer Watchlist Loans As of August 2014, there are 91 loans on the servicers’ watchlists for a total of $1.52 billion or 1.92% of outstanding loan balance. * Categorizing the risk of the watchlist loans by DCR and Occupancy as shown in the table below indicates the watchlists contain a majori
Slide 11: Ten Largest Loans on the Watchlist
Ten Largest Loans on the Watchlist Prospectus YE 2012 Most Recent Most Recent Deal Loan ID Property Name State MSA UPB UW DCR YE 2012 DCR Occup DCR As of Occup As of WL Reason Ocean at One Damage from K-710 1 West Street NY New York $135,647,000 1.74 1.67 100.00% 1.35 3/31/2014 96.50% 6/1/2014 Super
Slide 12: Disclaimer
Disclaimer This K-Deal Performance presentation is not an offer to sell or a solicitation of an offer to buy any Freddie Mac securities. Offers for any given security are made only through applicable offering circulars and related supplements, which incorporate Freddie Mac’s Annual Report on Form
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