NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to two classes of certificates from Freddie Mac’s Structured Agency Credit Risk (STACR) Securitized Participation Interests Trust, Series 2018-SPI1 (STACR 2018-SPI1), a credit risk sharing transaction with a total certificate offering of $139,947,325. STACR 2018-SPI1 represents Freddie Mac’s second risk transfer deal under the STACR SPI shelf. The offered certificates are backed by participation interests (PI