Tag Archives: Connecticut Avenue Securities

CRT, or the Credit Risk Transfer program, was launched by Fannie Mae 10 years ago. A new Fannie Mae blog examines how the program has performed since its inception.

In an effort to reduce the risk of taxpayers and increase private capital in the mortgage market, Fannie Mae will settle a credit risk sharing transaction under its Connecticut Avenue Securities program on December 8.

Fannie Mae has received additional ratings for several Connecticut Avenue Securities (CAS) notes, part of an ongoing effort to improve transparency and liquidity at the GSE.

Through all of its risk transfer programs, Fannie Mae has transferred a portion of the risk on more than half a trillion dollars in single-family mortgages.

Fannie Mae announced on Wednesday the pricing of the latest risk-sharing transaction under the Connecticut Avenue Securities (CAS) Series at $1.45 billion. The latest transaction is Fannie Mae’s ninth under the CAS Series and first CAS transaction structured for an actual loss framework.