Building on the success of its previously issued Structured Agency Credit Risk debt notes, expect Freddie Mac to continue to crank out additional risk-sharing deals, while the GSE pursues reinsurance opportunities to further mitigate risk, say company officials and industry observers. Last week, Freddie announced it has reduced taxpayer exposure by obtaining insurance policies for a combined maximum of $269.5 million of losses to a portion of the credit risk associated with a pool of single-family loans funded in the first quarter of 2013. The GSE said the policies were underwritten by a group of well-capitalized and well-established insurers and reinsurers and were obtained under Freddie’s Agency Credit Insurance Structure, which has attracted private capital from non-mortgage guaranty insurers and reinsurers.