Fannie Mae Prices $765 Million Connecticut Avenue Securities REMIC Deal
May 26, 2023
May 26, 2023
WASHINGTON, May 26 -- Fannie Mae issued the following news release on May 25, 2023:
Fannie Mae (FNMA/OTCQB) priced Connecticut Avenue Securities(R) (CAS) Series 2023-R04, an approximately $765 million note offering that represents Fannie Mae's fourth CAS REMIC(R) 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 2023-R04 cons . . .
Fannie Mae (FNMA/OTCQB) priced Connecticut Avenue Securities(R) (CAS) Series 2023-R04, an approximately $765 million note offering that represents Fannie Mae's fourth CAS REMIC(R) 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 2023-R04 cons . . .