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-C03:
–$157,758,000 class 1M-1 notes ‘BBB-sf’; Outlook Stable;
–$56,342,000 class 1M-2A exchangeable notes ‘BB+sf’; Outlook Stable;
–$123,953,000 class 1M-2B exchangeable notes ‘B+’; Outlook Stable;
–$180,295,000 class 1M-2 notes ‘B+sf’; Outlook Stable;
–$56,342,000 class 1M-2F exchangeable notes ‘BB+sf’; Outlook Stable;
–$56,342,000 class 1M-2I exchangeable notional notes ‘BB+sf’; Outlook
Stable;
…
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