CRT-Eligible Profile Summary
CAS 2023-R08 Transaction Overview
Est. $609.275 million in offered notes (1)
Credit Support
Offered Notes
Class
Loan Group
(Est. MM)
Attach (%)
Detach (%)
(S&P/KBRA)
Expected
WAL (yrs)
Expected
Ratings
10% CPR to Early Redemption Date
Expected Principal
Window
1M-1
1
$278.010
3.75%
5.30%
A- (sf)/A- (sf)
1.35
1-35
1M-2
1
$206.265
2.60%
3.75%
BBB (sf) / BBB+ (sf)
4.16
35-60
1B-1
1
$125.000
1.55%
2.60%
BB (sf) BBB- (sf)
4.93
60-60
1B-2H(2)
1
Not Offered
1.00%
1.55%
N/A
N/A
N/A
1B-3H(2)
1
Not Offered
0.00%
N/A
N/A
(1)
The Maturity Date for all classes will be October 2043. First Early Redemption Date will be October 2028.
1.00%
(2) 1B-2H and 1B-3H are reference tranches, not offered notes, and are included solely to illustrate the structure of the transaction.
Transaction Timeline*
November 2023
S M T W T F
N/A
S
1
2
3
4
Tape Release
56 7 8
9
100
Pre-Marketing
11
Execution
12 13 14
15 16 17 18
Closing
19 20 21
22 23
24
25
26
27
28
29 30
*All dates are approximate
20
© 2024 Fannie Mae
Deal timing:
Loan Data File: November 9, 2023
Pre-Marketing: November 14-15, 2023
CAS 2023-R08 Execution: November 16, 2023
Closing and Settlement: November 20, 2023View entire presentation