Connecticut Avenue Securities, Series 2025-R05: Presale Report

Ratings

• Date Issued	Debt Rated	Rating	Trend	Action	Attributesi US = Lead Analyst based in USA CA = Lead Analyst based in Canada EU = Lead Analyst based in EU UK = Lead Analyst based in UK E = EU endorsed U = UK endorsed Unsolicited Participating With Access Unsolicited Participating Without Access Unsolicited Non-participating
  15-Jul-25	Connecticut Avenue Securities, Series 2025-R05, Class 2A-1	(P) A (sf)	--	Provis.-New	US
  15-Jul-25	Connecticut Avenue Securities, Series 2025-R05, Class 2-X1	(P) BBB (high) (sf)	--	Provis.-New	US
  15-Jul-25	Connecticut Avenue Securities, Series 2025-R05, Class 2-X2	(P) BBB (high) (sf)	--	Provis.-New	US
  15-Jul-25	Connecticut Avenue Securities, Series 2025-R05, Class 2-X3	(P) BBB (high) (sf)	--	Provis.-New	US
  15-Jul-25	Connecticut Avenue Securities, Series 2025-R05, Class 2-X4	(P) BBB (high) (sf)	--	Provis.-New	US
  15-Jul-25	Connecticut Avenue Securities, Series 2025-R05, Class 2A-I1	(P) BBB (high) (sf)	--	Provis.-New	US
  15-Jul-25	Connecticut Avenue Securities, Series 2025-R05, Class 2A-I2	(P) BBB (high) (sf)	--	Provis.-New	US
  15-Jul-25	Connecticut Avenue Securities, Series 2025-R05, Class 2A-I3	(P) BBB (high) (sf)	--	Provis.-New	US
  15-Jul-25	Connecticut Avenue Securities, Series 2025-R05, Class 2A-I4	(P) BBB (high) (sf)	--	Provis.-New	US
  15-Jul-25	Connecticut Avenue Securities, Series 2025-R05, Class 2B-I1	(P) BBB (high) (sf)	--	Provis.-New	US
  15-Jul-25	Connecticut Avenue Securities, Series 2025-R05, Class 2B-I2	(P) BBB (high) (sf)	--	Provis.-New	US
  15-Jul-25	Connecticut Avenue Securities, Series 2025-R05, Class 2B-I3	(P) BBB (high) (sf)	--	Provis.-New	US
  15-Jul-25	Connecticut Avenue Securities, Series 2025-R05, Class 2B-I4	(P) BBB (high) (sf)	--	Provis.-New	US
  15-Jul-25	Connecticut Avenue Securities, Series 2025-R05, Class 2E-A1	(P) BBB (high) (sf)	--	Provis.-New	US
  15-Jul-25	Connecticut Avenue Securities, Series 2025-R05, Class 2E-A2	(P) BBB (high) (sf)	--	Provis.-New	US
  15-Jul-25	Connecticut Avenue Securities, Series 2025-R05, Class 2E-A3	(P) BBB (high) (sf)	--	Provis.-New	US
  15-Jul-25	Connecticut Avenue Securities, Series 2025-R05, Class 2E-A4	(P) BBB (high) (sf)	--	Provis.-New	US
  15-Jul-25	Connecticut Avenue Securities, Series 2025-R05, Class 2E-B1	(P) BBB (high) (sf)	--	Provis.-New	US
  15-Jul-25	Connecticut Avenue Securities, Series 2025-R05, Class 2E-B2	(P) BBB (high) (sf)	--	Provis.-New	US
  15-Jul-25	Connecticut Avenue Securities, Series 2025-R05, Class 2E-B3	(P) BBB (high) (sf)	--	Provis.-New	US
  15-Jul-25	Connecticut Avenue Securities, Series 2025-R05, Class 2E-B4	(P) BBB (high) (sf)	--	Provis.-New	US
  15-Jul-25	Connecticut Avenue Securities, Series 2025-R05, Class 2E-D1	(P) BBB (high) (sf)	--	Provis.-New	US
  15-Jul-25	Connecticut Avenue Securities, Series 2025-R05, Class 2E-D2	(P) BBB (high) (sf)	--	Provis.-New	US
  15-Jul-25	Connecticut Avenue Securities, Series 2025-R05, Class 2E-D3	(P) BBB (high) (sf)	--	Provis.-New	US
  15-Jul-25	Connecticut Avenue Securities, Series 2025-R05, Class 2E-D4	(P) BBB (high) (sf)	--	Provis.-New	US
  15-Jul-25	Connecticut Avenue Securities, Series 2025-R05, Class 2E-D5	(P) BBB (high) (sf)	--	Provis.-New	US
  15-Jul-25	Connecticut Avenue Securities, Series 2025-R05, Class 2M-1	(P) BBB (high) (sf)	--	Provis.-New	US
  15-Jul-25	Connecticut Avenue Securities, Series 2025-R05, Class 2M-2A	(P) BBB (high) (sf)	--	Provis.-New	US
  15-Jul-25	Connecticut Avenue Securities, Series 2025-R05, Class 2M-2B	(P) BBB (high) (sf)	--	Provis.-New	US
  15-Jul-25	Connecticut Avenue Securities, Series 2025-R05, Class 2-J1	(P) BBB (sf)	--	Provis.-New	US
  15-Jul-25	Connecticut Avenue Securities, Series 2025-R05, Class 2-J2	(P) BBB (sf)	--	Provis.-New	US
  15-Jul-25	Connecticut Avenue Securities, Series 2025-R05, Class 2-J3	(P) BBB (sf)	--	Provis.-New	US
  15-Jul-25	Connecticut Avenue Securities, Series 2025-R05, Class 2-J4	(P) BBB (sf)	--	Provis.-New	US
  15-Jul-25	Connecticut Avenue Securities, Series 2025-R05, Class 2-K1	(P) BBB (sf)	--	Provis.-New	US
  15-Jul-25	Connecticut Avenue Securities, Series 2025-R05, Class 2-K2	(P) BBB (sf)	--	Provis.-New	US
  15-Jul-25	Connecticut Avenue Securities, Series 2025-R05, Class 2-K3	(P) BBB (sf)	--	Provis.-New	US
  15-Jul-25	Connecticut Avenue Securities, Series 2025-R05, Class 2-K4	(P) BBB (sf)	--	Provis.-New	US
  15-Jul-25	Connecticut Avenue Securities, Series 2025-R05, Class 2-Y1	(P) BBB (sf)	--	Provis.-New	US
  15-Jul-25	Connecticut Avenue Securities, Series 2025-R05, Class 2-Y2	(P) BBB (sf)	--	Provis.-New	US
  15-Jul-25	Connecticut Avenue Securities, Series 2025-R05, Class 2-Y3	(P) BBB (sf)	--	Provis.-New	US
  15-Jul-25	Connecticut Avenue Securities, Series 2025-R05, Class 2-Y4	(P) BBB (sf)	--	Provis.-New	US
  15-Jul-25	Connecticut Avenue Securities, Series 2025-R05, Class 2C-I1	(P) BBB (sf)	--	Provis.-New	US
  15-Jul-25	Connecticut Avenue Securities, Series 2025-R05, Class 2C-I2	(P) BBB (sf)	--	Provis.-New	US
  15-Jul-25	Connecticut Avenue Securities, Series 2025-R05, Class 2C-I3	(P) BBB (sf)	--	Provis.-New	US
  15-Jul-25	Connecticut Avenue Securities, Series 2025-R05, Class 2C-I4	(P) BBB (sf)	--	Provis.-New	US
  15-Jul-25	Connecticut Avenue Securities, Series 2025-R05, Class 2E-C1	(P) BBB (sf)	--	Provis.-New	US
  15-Jul-25	Connecticut Avenue Securities, Series 2025-R05, Class 2E-C2	(P) BBB (sf)	--	Provis.-New	US
  15-Jul-25	Connecticut Avenue Securities, Series 2025-R05, Class 2E-C3	(P) BBB (sf)	--	Provis.-New	US
  15-Jul-25	Connecticut Avenue Securities, Series 2025-R05, Class 2E-C4	(P) BBB (sf)	--	Provis.-New	US
  15-Jul-25	Connecticut Avenue Securities, Series 2025-R05, Class 2E-F1	(P) BBB (sf)	--	Provis.-New	US
  15-Jul-25	Connecticut Avenue Securities, Series 2025-R05, Class 2E-F2	(P) BBB (sf)	--	Provis.-New	US
  15-Jul-25	Connecticut Avenue Securities, Series 2025-R05, Class 2E-F3	(P) BBB (sf)	--	Provis.-New	US
  15-Jul-25	Connecticut Avenue Securities, Series 2025-R05, Class 2E-F4	(P) BBB (sf)	--	Provis.-New	US
  15-Jul-25	Connecticut Avenue Securities, Series 2025-R05, Class 2E-F5	(P) BBB (sf)	--	Provis.-New	US
  15-Jul-25	Connecticut Avenue Securities, Series 2025-R05, Class 2M-2	(P) BBB (sf)	--	Provis.-New	US
  15-Jul-25	Connecticut Avenue Securities, Series 2025-R05, Class 2M-2C	(P) BBB (sf)	--	Provis.-New	US
  15-Jul-25	Connecticut Avenue Securities, Series 2025-R05, Class 2M-2Y	(P) BBB (sf)	--	Provis.-New	US

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