Tag Archives: CAS

CAS 2020-SBT1 is a $966 million security offering that references loans that were included in 2015 and 2016 CAS deals.

According to Fannie Mae's VP of Credit Risk Transfer Laurel Davis, the latest Connecticut Avenues Securities transaction is being executed as "the fundamentals of the U.S. housing market remain strong.”

In the first of a series of papers, Don Layton discusses Fannie Mae and Freddie Mac’s credit risk transfer programs and why they are critical to a sustainable system of American homeownership.

In addition to sharing credit risk on Fannie Mae's single-family conventional guaranty book of business, the latest CAS transaction is one of several ways the GSEs are promoting liquidity.

Here are the CAS bonds which received upgraded NAIC Designations in the 2019 filing year. CAS REMIC transactions are issued out of a bankruptcy remote trust, rather than as direct debt of Fannie Mae.

Here’s how Fannie Mae’s pricing of its inaugural Connecticut Avenue Securities aims to reduce the risks in the secondary mortgage market.