Connecticut Avenue Securities Investor Presentation slide image

Connecticut Avenue Securities Investor Presentation

CAS 2020-R02 Group 2 and CAS 2019-R06 Group 2 Reference Pool Summary CAS 2020-R02 G2 Reference Period - Acquisition Months Nov 2018 - Sep 2019 MBS Pooling Months Jul 2019 - Sep 2019 Number of Reference Obligations Aggregate Original Principal Balance Aggregate Current Principal Balance 110,537 $29,424,705,000 $29,121,892,280 CAS 2019-R06 G2 May 2018 - June 2019 Jan 2019 - June 2019 130,696 $33,156,617,000 $32,818,049,500 Cohort CAS 2020-R02 G2 CAS 2019-R06 G2 Delta FICO < 660 3.11% 3.71% -0.60% FICO 660; CLTV > 95 0.63% 0.88% -0.24% < FICO 660; CLTV > 90 2.00% 2.43% -0.44% Average Original Principal Balance $266,145 $253,693 Average Current Principal Balance FICO <660; Risk Layer > 0 1.29% 1.77% -0.48% $263,458 $251,102 Gross Mortgage Rate 4.18% 4.67% < FICO 660; Risk Layer > 1 0.08% 0.13% -0.05% Weighted Average Remaining Term 356.5 356.5 Weighted Average Original Term 359.8 FICO <660; Risk Layer> 2 0.00% 0.00% 0.00% 359.9 Weighted Average Loan Age 3.3 3.4 CLTV > 95 20.30% 23.11% -2.81% Weighted Average Original LTV 92.3% 92.8% CLTV > 90 59.39% 63.48% -4.09% Weighted Average Original CLTV 92.3% 92.8% Weighted Average DTI 37.6% 38.3% Risk Layer>0 60.74% 62.23% -1.50% Weighted Average FICO 743 742 % Refinance % Cash-out % No Cash-out %Owner Occupied % SF/PUD Risk Layer>1 11.53% 12.98% -1.45% 17.3% 9.4% 0.0% 0.0% Risk Layer>2 0.02% 0.04% -0.02% 17.3% 9.4% LTV <90 40.76% 36.71% 4.05% 97.0% 95.9% 89.9% 88.9% 46-50 DTI 19.04% 21.59% -2.55% Top 5 Geographic Concentration California 12.31% California 12.16% Texas - 7.22% Florida 6.25% Washington - 4.26% Colorado 3.77% Texas - 8.30% Florida 7.45% Washington - 4.30% Arizona 3.51% Risk Layer is defined as investor property, cash-out refinance, 46-50 DTI (rounded to nearest integer) and single borrower. The CAS 2020-R02 pool profile is available on Data Dynamics: 39 © 2021 Fannie Mae. http://www.fanniemae.com/DataDynamics
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