Fannie Mae Prices $765 Million Connecticut Avenue Securities (CAS) REMIC Deal

WASHINGTON, May 25, 2023 /PRNewswire/ — Fannie Mae (OTCQB: FNMA) priced Connecticut Avenue Securities® (CAS) Series 2023-R04, an approximately $765 million note offering that represents Fannie Mae’s fourth CAS REMIC® transaction of the year. CAS is Fannie Mae’s benchmark issuance program…