Kathleen Pagliaro, vice president of capital markets – credit risk at Fannie Mae, leads efforts for the new issuance execution of Fannie Mae’s flagship Connecticut Avenue Securities (CAS) program. Through her dynamic leadership style, she motivates her team to perform at their best, while managing the CAS program in an ever-changing and sometimes challenging market environment. Pagliaro spearheads Fannie Mae’s Women of Capital Markets group, which fosters a community of networking and advocacy where women come together to share ideas, discuss challenges and celebrate wins.
Pagliaro is responsible for developing and implementing strategies to transfer credit risk associated with Fannie Mae’s single-family guaranty business to capital markets and private investors. Her contributions to the development of the CRT market, which has been a strategic priority for Fannie Mae since 2013, have been instrumental in moving U.S. housing finance forward. In 2021, Pagliaro led the effort to restart the issuance of Fannie Mae’s flagship CAS offerings following an 18-month pause. Since restarting the program, more than 50 new investors have participated in new issue CAS transactions.
Vice President of Capital Markets - Credit Risk