Marking several milestones, including the first time that Freddie Mac has issued both a Structured Agency Credit Risk offering and Agency Credit Insurance Structure in the same month, the GSE announced last week that it will sell more than $590 million in STACR 2015-HQA2. This is its last STACR offering for the year and it obtained its largest Agency Credit Insurance Structure so far, for a combined $702.4 million limit. The two are related. Through Freddie’s ACIS program, the GSE buys insurance policies that transfer a portion of the credit risk associated with its STACR debt note reference pools from insurance and reinsurance companies around the world.