Fannie Mae Prices $993 Million Connecticut Avenue Securities REMIC Deal
July 30, 2019
July 30, 2019
WASHINGTON, July 30 -- Fannie Mae issued the following corporate news release:
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- Transaction Represents Company's Continued Commitment to Credit Risk Transfer
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Fannie Mae (FNMA/OTCQB) priced Connecticut Avenue Securities(R) (CAS) Series 2019-R05, a $993 million note offering that represents Fannie Mae's latest CAS REMIC(TM) transaction. CAS is Fannie Mae's benchmark issuance program designed to share credit risk on its single-family . . .
* * *
- Transaction Represents Company's Continued Commitment to Credit Risk Transfer
* * *
Fannie Mae (FNMA/OTCQB) priced Connecticut Avenue Securities(R) (CAS) Series 2019-R05, a $993 million note offering that represents Fannie Mae's latest CAS REMIC(TM) transaction. CAS is Fannie Mae's benchmark issuance program designed to share credit risk on its single-family . . .