Connecticut Avenue Securities Investor Presentation
CAS 2020-R02 G2 Reference Pool Selection
Process
November 2018 - September 2019 Total Acquisitions of $473BN Original UPB
Reserved for
Reinsurance
Random Division
Loans have REMIC election and were securitized in MBS issued in July 2019 - September 2019*
Fully amortizing, generally 25-year and 30-year fixed rate**, 1-4 unit, first lien, conventional
Not Refi Plus™ / Not HARP
Loan-to-value > 80%
0 x 30 payment history since acquisition
Not subject to a repurchase request as of Cut-Off Date
Not subject to any form of risk sharing with the loan seller and/or servicer
100% of November 2018 – September 2019 Available Loans
Connecticut Avenue Securities: $29.1BN Current UPB
***
*November 2018 - September 2019 acquisitions were pooled into REMIC-eligible MBS in July 2019 - September 2019.
**All loans will have terms greater than 240 months and less than or equal to 360 months. Other minimal exclusion criteria apply.
*** Current UPB Reflects CAS 2020-R02 November 2019 Book Profile. Numbers may not foot due to rounding.
Fannie Mae acquires HARP loans under its Refi Plus™ initiative, which provides expanded refinance opportunities for eligible Fannie Mae borrowers.
36
O 2021 Fannie Mae.View entire presentation