Fannie Mae Prices Fourth Multifamily Connecticut Avenue Securities Deal
July 22, 2024
July 22, 2024
WASHINGTON, July 22 -- Fannie Mae issued the following news release:
Fannie Mae (FNMA/OTCQB) priced its fourth Multifamily Connecticut Avenue Securities(r) (MCAS(tm)) transaction, MCAS Series 2024-01, a $250 million note offering. MCAS, Fannie Mae's issuance program designed to share credit risk on its multifamily conventional guaranty book of business, complements the successful risk sharing in its Delegated Underwriting and Servicing (DUS(r)) and Multifamily Credit Insurance Risk . . .
Fannie Mae (FNMA/OTCQB) priced its fourth Multifamily Connecticut Avenue Securities(r) (MCAS(tm)) transaction, MCAS Series 2024-01, a $250 million note offering. MCAS, Fannie Mae's issuance program designed to share credit risk on its multifamily conventional guaranty book of business, complements the successful risk sharing in its Delegated Underwriting and Servicing (DUS(r)) and Multifamily Credit Insurance Risk . . .