NEW YORK--(BUSINESS WIRE)--Fitch Ratings has assigned the following ratings and Rating Outlooks to Fannie Mae's eighth risk transfer transaction, Connecticut Avenue Securities, series 2015-C03: --$254,975,000 class 1M-1 notes 'BBB-sf'; Outlook Stable. --$257,451,000 class 2M-1 notes 'BBB-sf'; Outlook Stable. The following classes will not be rated by Fitch: --$27,192,696,144 class 1A-H reference tranche; --$13,420,442 class 1M-1H reference tranche; --$644,149,000 class 1M-2 notes; --$33,902,644


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