Announcement
Moody's assigns ratings to previously unrated Connecticut Avenue Securities™ notes and upgrades certain already rated notes
October 31, 2016
Fannie Mae (FNMA/OTC) continues to seek additional ratings for a number of previously unrated Connecticut Avenue Securities (CAS) notes as part of an ongoing effort to bring increased transparency and liquidity to these securities.
Moody’s has assigned ratings to the following previously unrated Connecticut Avenue Securities notes:
- CAS 2014-C04 1M-2 Baa2 (sf)
- CAS 2014-C04 2M-2 Baa2 (sf)
Moody’s has also upgraded the following notes, which were most recently upgraded in June 2016:
| Bond | Prior Rate (June 30, 2016) | Rating Upgrade |
|---|---|---|
|
2014-C04 1M-1 |
A1(sf) |
Aa3 (sf) |
|
2014-C04 2M-1 |
A2(sf) |
Aa1 (sf) |
Access Moody’s press releases here:
Moody's Assigns Ratings to the 1M-2 and 2M-2 Notes of Connecticut Avenue Securities, Series 2014-C04
Moody's Upgrades the 1M-1 and 2M-1 Notes of Connecticut Avenue Securities, Series 2014-C04
Originally published: 10/31/16