Fannie Mae Prices $819 Million Connecticut Avenue Securities REMIC Deal
January 26, 2024
January 26, 2024
WASHINGTON, Jan. 26 -- Fannie Mae issued the following news release on Jan. 25, 2024:
Fannie Mae (FNMA/OTCQB) priced Connecticut Avenue Securities (CAS) Series 2024-R01, an approximately $819 million note offering that represents Fannie Mae's first CAS REMIC transaction of the year. CAS is Fannie Mae's benchmark issuance program designed to share credit risk on its single-family conventional guaranty book of business.
The reference pool for CAS Series 2024-R01 consists . . .
Fannie Mae (FNMA/OTCQB) priced Connecticut Avenue Securities (CAS) Series 2024-R01, an approximately $819 million note offering that represents Fannie Mae's first CAS REMIC transaction of the year. CAS is Fannie Mae's benchmark issuance program designed to share credit risk on its single-family conventional guaranty book of business.
The reference pool for CAS Series 2024-R01 consists . . .