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18.07.2016 19:06:00
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Moody's Assigns Provisional Ratings to Connecticut Avenue Securities, Series 2016-C04
New York, July 18, 2016 -- Moody's Investors Service has assigned provisional ratings to six classes of notes on CAS 2016-C04, a securitization designed to provide credit protection to the Federal National Mortgage Association (Fannie Mae) against the performance of a reference pool of mortgages totaling approximately $42 billion. All of the Notes in the transaction are direct, unsecured obligations of Fannie Mae, and as such investors are exposed to the credit risk of Fannie Mae (Aaa Stable).
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