McLEAN, VA—With a track record of only a year or so as a reference point, generalizingabout how investors view Freddie Mac's Structured AgencyCredit Risk (STACR) debt notes may be a little premature.But as the deals stack up -- Freddie Mac has done four this yearincluding its latest $425.6 million offering, which priced onTuesday -- it is safe to say that some trends are becomingclear.

"Investor demand for these securities are growing," MikeReynolds, Freddie Mac vice president of Credit RiskTransfer, tells GlobeSt.com.

"We can't take too much from a deal to deal comparison, but itdefinitely appears that the B class has become another goodinvestment option for our customer base," he says.

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Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.