Fannie Mae Prices $998 Million Connecticut Avenue Securities (CAS) REMIC Deal
October 29, 2019
October 29, 2019
WASHINGTON, Oct. 29 -- 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-R07, a $998 million note offering. CAS is Fannie Mae's benchmark issuance program designed to share credit risk on its single-family conventional guaranty book of business.
"We . . .
* * *
- Transaction Represents Company's Continued Commitment to Credit Risk Transfer
* * *
Fannie Mae (FNMA/OTCQB) priced Connecticut Avenue Securities(R) (CAS) Series 2019-R07, a $998 million note offering. CAS is Fannie Mae's benchmark issuance program designed to share credit risk on its single-family conventional guaranty book of business.
"We . . .