Fannie Mae Executes First Early Redemption Option

Today, Fannie Mae executed its first early redemption option for Connecticut Avenue Securities® (CAS) 2015-C04, Group 2. As detailed in the Prospectus, the transaction provides two early redemption options, a 10-year time-based call and a 10% collateral call. As of the February 2025 payment date, the Group 2 reference pool balance was below the 10% collateral call threshold.

The redemption of CAS 2015-C04 only pertains to Group 2, or high loan-to-value (LTV) bonds. The Group 1 (low LTV) bonds will remain outstanding.

The CAS Redemption, Maturity, and Tender Tracker provides current data on early termination options (including when such options may become exercisable), maturity dates, class factors, outstanding principal balances and other information for each CAS transaction.

For help with questions, please contact the Fannie Mae Investor Help line at 1-800-232-6643, Option 3, or by email.