Connecticut Avenue Securities Investor Presentation slide image

Connecticut Avenue Securities Investor Presentation

CAS 2020-R01 Group 1 and CAS 2019-R07 Group 1 Reference Pool Summary CAS 2020-R01 G1 Reference Period - Acquisition Months Oct 2018 - Aug 2019 Average Original Principal Balance MBS Pooling Months Number of Reference Obligations Aggregate Original Principal Balance Aggregate Current Principal Balance 105,274 $29,330,684,000 $29,003,350,855 $278,613 Jul 2019 Sep 2019 CAS 2019-R07 G1 May 2018 - Jun 2019 Apr 2019 - Jun 2019 102,286 $26,566,028,000 $26,271,425,532 Cohort CAS 2020-R01 G1 | CAS 2019-R07 G1 Delta FICO < 660 3.78% 4.75% -0.97% FICO 660; CLTV > 80 0.05% 0.04% 0.01% FICO <660; CLTV > 75 1.89% 2.17% -0.28% $259,723 Average Current Principal Balance $275,503 FICO <660; Risk Layer > 0 2.80% 3.69% -0.90% $256,843 Gross Mortgage Rate 4.28% 4.61% FICO <660; Risk Layer > 1 0.95% 1.43% -0.48% Weighted Average Remaining Term 355.7 356.1 Weighted Average Original Term 359.4 359.4 FICO 660; Risk Layer> 2 0.07% 0.15% -0.08% Weighted Average Loan Age 3.6 3.3 Weighted Average Original LTV 75.4% 75.5% CLTV 80 2.35% 2.30% 0.05% Weighted Average Original CLTV 75.9% 75.9% CLTV > 75 55.80% 56.05% -0.24% Weighted Average DTI 36.0% 36.6% Weighted Average FICO 750 747 Risk Layer>0 68.61% 71.83% -3.22% % Refinance % Cash-out % No Cash-out 50.3% 45.7% Risk Layer>1 24.66% 28.51% -3.84% 24.2% 26.6% Risk Layer>2 3.44% 4.53% -1.09% 26.1% 19.1% %Owner Occupied 89.1% 86.1% LTV<70 22.26% 22.15% 0.11% % SF/PUD 90.4% 89.0% 46-50 DTI 17.41% 19.34% -1.93% Top 5 Geographic Concentration California 21.34% Texas -6.44% Colorado 5.54% Florida 5.43% California 20.94% Texas - 7.10% Florida 6.76% Colorado 4.59% Washington - 5.02% Washington - 4.56% Risk Layer is defined as investor property, cash-out refinance, 46-50 DTI (rounded to nearest integer) and single borrower. The CAS 2020-R01 pool profile is available on Data Dynamics: http://www.fanniemae.com/DataDynamics 38 O 2021 Fannie Mae.
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