Fannie mae prices $708 million connecticut avenue securities (cas) remic deal

Washington , may 23, 2024 /prnewswire/ -- fannie mae (otcqb: fnma) priced connecticut avenue securities® (cas) series 2024-r04, an approximately $708 million note offering that represents fannie mae's fourth cas remic® 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.

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