Fannie Mae has priced the latest Connecticut Avenue Securities (CAS) Series 2022-R06, an approximately $754 million note offering that represents Fannie Mae’s sixth 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.
The reference pool for CAS Series 2022-R06 consists of approximately 83,000 single-family mortgage loans with an outstanding unpaid principal balance of approximately $25.0 billion. The