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Fannie Mae Prices $1.2 Billion Connecticut Avenue Securities (CAS) REMIC Deal

Fannie Mae Prices $1.2 Billion Connecticut Avenue Securities (CAS) REMIC Deal

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WASHINGTON, Oct. 19, 2021 /PRNewswire/ — Fannie Mae (OTCQB: FNMA) priced Connecticut Avenue Securities® (CAS) Series 2021-R01, a $1.2 billion note offering that represents Fannie Mae’s first 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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