Tokio Marine HCC today announced that AM Best and Fitch Ratings have affirmed the Company?s ratings. ?We are incredibly pleased that AM Best and Fitch have affirmed Tokio Marine HCC?s financial strength ratings of ?A++? and ?AA-,? respectively.
On October 23, 2024, Moody?s downgraded the long-term ratings of The Toronto-Dominion Bank (MLWIQXX) and its U.S. subsidiaries in response to the company?s guilty plea earlier in the month to having engaged in a conspiracy to commit money laundering and agreement to pay a $3 billion fine.
On October 23, 2024, Moody?s downgraded the long-term ratings of The Toronto-Dominion Bank (MLWIQXX) and its U.S. subsidiaries in response to the company?s guilty plea earlier in the month to having engaged in a conspiracy to commit money laundering and agreement to pay a $3 billion fine.
Freddie Mac and the Federal Home Loan Bank of Des Moines today announced a collaboration to help increase affordable housing finance options on tribal lands. "Freddie Mac and FHLB Des Moines can be impactful partners in attracting capital to support Native American homeownership," said Sonu Mittal, SVP and head of Single-Family Acquisitions at Freddie Mac.
Freddie Mac today released the results of its Primary Mortgage Market Survey?, showing the 30-year fixed-rate mortgage averaged 6.79 percent. ?Mortgage rates continued to inch up this week, reaching 6.79 percent,? said Sam Khater, Freddie Mac?s Chief Economist.
Marex Group plc (MRX), a diversified global financial services platform, announces strong results for the third quarter and nine months ended 30 September 2024, and upgraded outlook for the full year.
KELLOG, Idaho and VANCOUVER, British Columbia, Nov. 06, 2024 -- Bunker Hill Mining Corp. (BHLL) announces that it has closed the third tranche of the previously announced silver loan with Monetary Metals Bond III LLC, an entity established by Monetary Metals & Co., in the principal amount of US$6,321,112, being the amount of US dollars equal to, as of November 6, 2024, 198,777 ounces of silver.
The Social Security Administration has approved a 2.5% Cost of Living Adjustment for 2025, reflecting the moderate decrease in inflation rates compared to recent years. In comparison, in 2025 social security recipients will receive a 2.5% increase, mirroring the latest Consumer Price Index.
On October 23, 2024, Moody?s downgraded the long-term ratings of The Toronto-Dominion Bank (MLWIQXX) and its U.S. subsidiaries in response to the company?s guilty plea earlier in the month to having engaged in a conspiracy to commit money laundering and agreement to pay a $3 billion fine.
Applied Digital Corporation (APLD), a designer, builder, and operator of next-generation digital infrastructure designed for High-Performance Computing applications, today completed its previously announced offering of 2.75% Convertible Senior Notes due 2030 in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933,...
Diana Shipping Inc. (DSX), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, has today successfully completed a US$25 million tap issue under its outstanding senior unsecured bond issue due July 2, 2029 with ISIN NO0013265835.
Empire Communities Corp. announced today that it has closed its offering, on a private placement basis, of CAD$225 million aggregate principal amount of 7.625% senior unsecured notes due November 1, 2029.
Derek Manky, Chief Security Strategist and VP of Global Threat Intelligence at Fortinet (FTNT) ?In today?s interconnected world, the fight against cybercrime requires a unified front.
Costamare Inc. (CMRE) today reported unaudited financial results for the third quarter and nine-months ended September 30, 2024. I. PROFITABILITY AND LIQUIDITY II. Vessel Acquisitions. Vessel Disposals. III. IV. V. FULL PREPAYMENT OF UNSECURED BONDS VI. VII. VIII.
All financial figures are in Canadian dollars unless otherwise noted Gibson Energy Inc. (GBNXF) announced today that it has agreed to issue $350 million of 4.45% senior unsecured notes due November 12, 2031. The offering is expected to close on November 12, 2024, subject to customary closing conditions.
Martin Marietta Materials, Inc. (MLM) announced today the pricing of its offering of $750 million aggregate principal amount of 5.150% Senior Notes due 2034 and $750 million aggregate principal amount of 5.500% Senior Notes due 2054.
MADRID, October 31, 2024 - Neinor Homes, the leading listed residential property developer in Spain, has successfully completed its second bond issuance, upsizing the initial targeted amount to 325 million euros, with 5.25 years maturity and a cost of 5.875%, excluding Neinor?s interest rate cap ? even so, this entails an improvement on Neinor?s overall cost of debt of 62.5bps. Moreover, the b...
On October 23, 2024, Moody?s downgraded the long-term ratings of The Toronto-Dominion Bank (MLWIQXX) and its U.S. subsidiaries in response to the company?s guilty plea earlier in the month to having engaged in a conspiracy to commit money laundering and agreement to pay a $3 billion fine.
Freddie Mac today released the results of its Primary Mortgage Market Survey?, showing the 30-year fixed-rate mortgage averaged 6.72 percent. ?Increasing for the fifth consecutive week, mortgage rates reached their highest level since the beginning of August,? said Sam Khater, Freddie Mac?s Chief Economist.
Marex Group plc (MRX), the diversified global financial services platform, announced the pricing on October 30, 2024 of a public offering of U.S.$600 million aggregate principal amount of its 6.404% Senior Notes due 2029. The Offering is expected to close on or about November 4, 2024, subject to the satisfaction of customary closing conditions.
Applied Digital Corporation (APLD) , a designer, builder, and operator of next-generation digital infrastructure designed for High-Performance Computing applications, today announced that it intends to offer, subject to market conditions and other factors, $300 million aggregate principal amount of convertible senior notes due 2030 in a private offering to persons reasonably believed to be qualified i...
Mercer International Inc. (MERC) today announced that it has completed its previously announced private offering of $200.0 million aggregate principal amount of 12.875% senior notes due October 1, 2028.
Key Highlights WASHINGTON ? Pending home sales rose in September, according to the National Association of Realtors?. All four major regions experienced month-over-month gains in transactions. # # # *The Pending Home Sales Index is a leading indicator for the housing sector, based on pending sales of existing homes. NOTE: Existing-Home Sales for October will be reported on November 21.
Freddie Mac today reported its Third Quarter 2024 financial results and filed its Quarterly Report on Form 10-Q with the U.S. Securities and Exchange Commission. The company will hold a call at 9 a.m. Eastern Time today, October 30, 2024, to share its results with the media. Freddie Mac?s mission is to make home possible for families across the nation.
Freddie Mac announced today that it plans to report its Third Quarter 2024 financial results before the U.S. financial markets open on Wednesday, October 30, 2024. The company will hold a call at 9 a.m. Eastern Time on Wednesday, October 30, 2024, to share the company?s results with the media. Freddie Mac?s mission is to make home possible for families across the nation.
Today the Board of Directors of the Federal Home Loan Bank of Indianapolis declared its third quarter 2024 dividends on Class B-2 activity-based capital stock and Class B-1 non-activity-based stock at annualized rates of 9.50% and 4.50%, respectively. The dividends will be paid in cash on October?30, 2024.
Greystone, a leading national commercial real estate finance company, has provided a total of $103,740,000 in Freddie Mac Optigo? loans to refinance two separate multifamily communities in Tamarac, FL and Birmingham, AL. The financing was originated by Haig Kilicyan and Donny Rosenberg of Greystone on behalf of White Eagle Group.
The Federal Home Loan Bank of Indianapolis today announced the results of the election of two Indiana Member Directors and three Independent Directors to its Board of Directors.
On October 23, 2024, Moody?s downgraded the long-term ratings of The Toronto-Dominion Bank (MLWIQXX) and its U.S. subsidiaries in response to the company?s guilty plea earlier in the month to having engaged in a conspiracy to commit money laundering and agreement to pay a $3 billion fine.
Freddie Mac announced today several measures that will boost housing affordability for borrowers and first-time homebuyers in particular. The announcements were made at the Mortgage Bankers Association?s Annual Convention, taking place in Denver from October 27-30.
Freddie Mac??today announced it will expand its performing loan repurchase alternative pilot to lenders nationwide beginning in the first quarter of 2025. ?In today?s challenging housing market, Freddie Mac is committed to enhancing our processes and reducing costs,? said Sonu Mittal, SVP and head of Single-Family Acquisitions at Freddie Mac.
United States Representatives Ritchie Torres and Gregory Meeks announced today that members of the Federal Home Loan Bank of New York can now pledge mortgage collateral using VantageScore 4.0 credit scores, which considers rental payments and other data points that are not included in traditional scoring models ? expanding the number of diverse and creditworthy mortgage applicants and creating ...
First Fed Bank, the wholly owned subsidiary of First Northwest Bancorp (FNWB), announced that on October 23, 2024, the Federal Deposit Insurance Corporation terminated the Consent Order issued to the Bank that was effective November 21, 2023.?The termination of the Consent Order follows the Bank?s successful resolution of the deficiencies in the Bank?s compliance program that was the subject of the Or...
Freddie Mac today posted to its website its Monthly Volume Summary for September 2024, which provides information on Freddie Mac?s mortgage-related portfolios, securities issuance, risk management, delinquencies, debt activities and other investments. Freddie Mac?s mission is to make home possible for families across the nation.
Freddie Mac today announced the pricing of the Freddie Mac Seasoned Loans Structured Transaction Trust Series 2024-2, a securitization of approximately $272.2 million including both guaranteed senior and non-guaranteed subordinate securities backed by a pool of seasoned residential mortgage loans.
Federal Home Loan Bank of Atlanta today released preliminary unaudited financial highlights for the quarter ended September?30, 2024. Operating Results for the Third Quarter of 2024. Financial Condition Highlights. Reliable Source of Liquidity. Commitment to Affordable Housing and Community Development. Dividends.
?Freddie Mac today released the results of its Primary Mortgage Market Survey?, showing the 30-year fixed-rate mortgage averaged 6.54 percent. ?The continued strength in the economy drove mortgage rates higher once again this week. News Facts The PMMS? is focused on conventional, conforming, fully amortizing home purchase loans for borrowers who put 20 percent down and have excellent credit.
******************************************************************************************************** Note to readers: ELFA has updated the name of the Monthly Leasing and Finance Index to the CapEx Finance Index to better reflect what it measures and how it impacts the broader U.S. economy.
Mercer International Inc. (MERC) today announced the pricing of its private offering of $200.0 million in aggregate principal amount of 12.875% senior notes due October 1, 2028.
TeraWulf Inc. (WULF), a leading owner and operator of vertically integrated, next-generation digital infrastructure powered by predominantly zero-carbon energy, today announced that it intends to offer, subject to market conditions and other factors, $350 million aggregate principal amount of convertible senior notes due 2030 in a private offering to persons reasonably believed to be qualified institu...
Median home prices rose for the 13th consecutive month across New York while sales of existing homes dropped in September, according to the housing report released today by the New York State Association of REALTORS?.?. Median home prices jumped 8.4 percent in September, from $387,000 last year to $420,000 in 2024.
Key Highlights ? ? ? ? ? ? ?Existing-home sales drew back in September, according to the National Association of Realtors?. Three out of four major U.S. regions registered sales declines while the West experienced a sales bounce. # # # For local information, please contact the local association of Realtors? for data from local multiple listing services.
In an effort to make homeownership more accessible and affordable in Michigan, the Federal Home Loan Bank of Indianapolis and the Michigan State Housing Development Authority have created the MSHDA Rate Relief Mortgage Program to benefit low-income, first-time homebuyers in the state.
The U.S. economy remains on strong footing, fueled in part by continued healthy investment in equipment and software, according to the Q4 update to the 2024 Equipment Leasing & Finance U.S. Economic Outlook.
BairesDev?, an award-winning nearshore software development company, today announced it has joined the World Economic Forum's Global Innovators Community. "The World Economic Forum is pleased to welcome BairesDev to join our Global Innovators community," says Verena Kuhn, Head of the Global Innovators Community, World Economic Forum.
Farmers and Merchants Bancshares, Inc., the parent company of Farmers and Merchants Bank (FMFG), announced that net income for the nine months ended September 30, 2024 was $3,421,623, or $1.09 per common share, compared to $5,003,107, or $1.63 per common share, for the same period in 2023.
ARC Capital Venture LLC has identified a growing wave of opportunity within the fixed-income investment market, as stabilizing economic conditions provide a more favorable environment for investors seeking both security and diversification. The convergence of higher interest rates, central bank easing, and inflation control has created a uniquely attractive landscape for fixed-income investors.
In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.
Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.
Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.