Connecticut Avenue Securities Investor Presentation
CAS Program Highlights
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Large, geographically diversified loan pools provide
broad exposure to U.S. housing market
Fannie Mae serves as the credit risk manager -
acting as an intermediary between the lender and
investor to set standards, manage quality, mitigate
losses, and maximize value
Consistent structures promote liquidity and
facilitate comparison of deals across time
Broad Wall Street coverage, daily markets, and
publishing research and analytics
Pricing and trading volume available on TRACE and
Bloomberg
Active deal management - includes receiving
ratings on previously unrated CAS bonds
Transparent investor resources - including our
investor analytical tool, Data Dynamics®
All on-the-run CAS deals issued in or after November
2018 qualify as REMICS
Deal Issuance Millions ($)
10000
8000
6000
4000
2000
Benchmark CAS Issuance
0
2013
2014 2015 2016 2017 2018 2019 2020
M-1 M-2 B B-1
Fannie Mae has issued $47 BN under the
CAS program to date, and $24.1 BN in
bonds remain outstanding as of
September 2020.
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O 2021 Fannie Mae.View entire presentation