Fannie Mae Prices $708 Million Connecticut Avenue Securities (CAS) REMIC Deal
September 17, 2024
September 17, 2024
WASHINGTON, Sept. 17 -- Fannie Mae issued the following news release:
Fannie Mae (FNMA/OTCQB) priced Connecticut Avenue Securities(r) (CAS) Series 2024-R06, an approximately $708 million note offering that represents Fannie Mae's sixth and final 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. Year to date, Fannie Mae has issued approximately $4.3 billion of . . .
Fannie Mae (FNMA/OTCQB) priced Connecticut Avenue Securities(r) (CAS) Series 2024-R06, an approximately $708 million note offering that represents Fannie Mae's sixth and final 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. Year to date, Fannie Mae has issued approximately $4.3 billion of . . .