Fitch Rates Fannie Mae’s Connecticut Ave Securities, Series 2016-C05 – Yahoo Finance
NEW YORK–(BUSINESS WIRE)– Fitch Ratings has assigned the following ratings and Rating Outlooks to Fannie Mae’s risk transfer transaction, Connecticut Avenue Securities, series 2016-C05: –$385,709,000 class 2M-1 notes ‘BBB-sf’; Outlook Stable; –$257,139,000 class 2M-2A exchangeable notes ‘BB+sf’; Outlook Stable; –$459,178,000 class 2M-2B exchangeable notes ‘B’; Outlook Stable; –$716,317,000 class 2M-2 notes ‘Bsf’; Outlook Stable; –$257,139,000…