Fannie Mae Prices $708 Million Connecticut Avenue Securities REMIC Deal
May 24, 2024
May 24, 2024
WASHINGTON, May 24 -- Fannie Mae issued the following news release on May 23, 2024:
Fannie Mae (FNMA/OTCQB) priced Connecticut Avenue Securities (CAS) Series 2024-R04, an approximately $708 million note offering that represents Fannie Mae's fourth 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. Year to date, Fannie Mae has issued approximately $2.9 billion of . . .
Fannie Mae (FNMA/OTCQB) priced Connecticut Avenue Securities (CAS) Series 2024-R04, an approximately $708 million note offering that represents Fannie Mae's fourth 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. Year to date, Fannie Mae has issued approximately $2.9 billion of . . .