WASHINGTON, July 30, 2019 /PRNewswire/ -- Fannie Mae (OTCQB:FNMA) priced Connecticut Avenue Securities® (CAS) Series 2019-R05, a $993 million note offering that represents Fannie Mae's latest CAS REMIC™ transaction. CAS is Fannie Mae's benchmark issuance program designed to share credit risk on its single-family conventional guaranty book of business. "We are pleased to see continued strong participation in our new issue transactions, as well as a robust and liquid secondary market," said Laurel Davis, Vice President of Credit Risk Transfer, Fannie Mae. "We remain committed to promoting the ongoing growth of the credit risk transfer market."