Forty Scholarships Worth Up to $400,000 Available for High School Seniors and Up to $100,000 Scholarships Offered to Graduate Students The Sallie Mae Fund, in partnership with Thurgood Marshall College Fund, is now accepting applications for its 2025-26 Bridging the Dream Scholarship Program. This press release features multimedia.
Federal National Mortgage
Association (FNMA): * FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE - FHFA REMOVES EIGHT MEMBERS FROM FANNIE MAE'S BOARD. * FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE - FHFA APPOINTS FOUR NEW DIRECTORS TO FANNIE MAE'S BOARD.
The Federal Home Loan Bank of San Francisco is deepening its commitment to increasing access to affordable housing and homeownership by investing in Nevada Housing Division Mortgage Revenue Bonds. ?Attainable homeownership for all Nevadans is one of my highest priorities and we can?t do this alone,? said Governor Lombardo.
NEW YORK, March 14, 2025 ?The CRE Finance Council, the trade association that exclusively represents the nearly $6 trillion commercial and multifamily real estate finance industry, released the following statement from CREFC President and Chief Executive Officer Lisa Pendergast after the U.S. Senate voted to confirm Bill Pulte as Director of the Federal Housing Finance Agency: "On behalf of CR...
WASHINGTON, March 13, 2025 ?The?American Land Title Association, the national trade association of the land title insurance industry, commends the U.S. Senate for confirming Bill Pulte as the new director of the Federal Housing Finance Agency.
The U.S. Senate voted Thursday to confirm William Pulte to serve as the next director of the regulator charged with overseeing housing giants Fannie Mae and Freddie Mac.
Freddie Mac today released the results of its Primary Mortgage Market Survey??, showing the 30-year fixed-rate mortgage averaged 6.65%. ?Despite volatility in the markets, the 30-year fixed-rate mortgage remained essentially flat from last week,? said Sam Khater, Freddie Mac?s Chief Economist.
60-Unit Community Will Provide Secure Housing and Services for Vulnerable Groups. A $1.98 million Affordable Housing Program grant from the Federal Home Loan Bank of Dallas, through member Texas Capital Bank will help fund a 60-unit supportive housing community for the housing-fragile population in Austin, Texas. This press release features multimedia.
Federal Home Loan Bank of San Francisco Matches with an Additional $30,000, Strengthening Local Housing Initiatives. First Foundation Bank has awarded Neighborhood Housing Services of the Inland Empire a $10,000 grant to support its Black Homeownership Program.
Purchase Will Revitalize Neighborhood and Spur Continued Investment in East Buffalo BUFFALO, N.Y., March 11, 2025 /PRNewswire/ -- BFC Partners, The NHP Foundation and St. John Fruit Belt CDC have closed on Towne Gardens, located at 440 Clinton Street in East Buffalo, New York, purchased out of foreclosure from The Federal National Mortgage Association for $21,7000,000.
Greystone, a leading national commercial real estate finance company, has provided a $23,000,000 Commercial Mortgage Backed Security loan to refinance a three-property portfolio of multifamily communities in New Orleans, Louisiana. The multifamily communities are 1970s vintage Class C assets being refinanced after two years of ownership.
Funds Will Be Used to Educate Low-Income Homebuyers. Representatives from the Federal Home Loan Bank of Dallas, Cadence Bank (CADE) and Citizens National Bank awarded $9,000 in Partnership Grant Program funds to Housing Economic Resources & Education in a ceremonial check presentation today in Hattiesburg, Mississippi. This press release features multimedia.
Freddie Mac announced today it will offer approximately $290 million in non-performing loans for sale via auction. The NPLs are being marketed via four pools: three Standard Pool Offerings and one Extended Timeline Pool Offering, which targets participation by smaller investors, including non-profits and Minority, Women, Disabled, LGBTQ+, Veteran or Service-Disabled Veteran-Owned Businesses.
Pessimism Toward Mortgage Rates and Personal Financial Situations Grows WASHINGTON, March 7, 2025 The Fannie Mae?Home Purchase Sentiment Index? decreased 1.8 points in February to 71.6, driven largely by consumers' increased pessimism that mortgage rates will go down in the next year.
Federal Home Loan Mortgage Corp (FMCC) : * FREDDIE MAC PRICES APPROXIMATELY $759 MILLION SECURITIZATION OF RE-PERFORMING LOANS Source text: Further company coverage:
Freddie Mac announced today the pricing of its first Seasoned Credit Risk Transfer Trust offering of 2025?a securitization of approximately $759 million including both guaranteed senior and non-guaranteed subordinate securities backed by a pool of seasoned re-performing loans.
Mortgage rates have experienced a notable decline as the spring home-buying season begins, according to the latest data from Freddie Mac. What To Know: The 30-year fixed-rate mortgage dropped to 6.63% as of Tuesday, down from 6.76% the previous week, marking the largest weekly decrease since mid-September 2024.
Freddie Mac today released the results of its Primary Mortgage Market Survey?, showing the 30-year fixed-rate mortgage averaged 6.63%. ?As the spring homebuying season gets underway, the 30-year fixed-rate mortgage saw the largest weekly decline since mid-September,? said Sam Khater, Freddie Mac?s Chief Economist.
Newrez LLC, a leading nationwide mortgage lender and servicer is proud to announce that for the second year in a row, it has earned Fannie Mae?s Servicer Total Achievement and Rewards? performer recognition for the 2024 STAR Program year in the categories of General Servicing and Timeline Management. This press release features multimedia.
PHH Mortgage, a subsidiary of Onity Group Inc. (ONIT) and a leading non-bank mortgage servicer and originator, today announced the Company achieved Fannie Mae?s 2024 Servicer Total Achievement and Rewards? Performer recognition in the General Servicing category.
KBRA releases the February 2025 issue of CMBS Trend Watch. The appetite for U.S. private label CMBS issuance remained strong in February as 17 deals priced for a total volume of $18.3 billion, more than doubling January?s issuance of $7.9 billion. In February, KBRA published pre-sales for 11 deals including five conduits, four SB, and two Agency.
Funds Will Be Used for Heirs? Property Education. The Federal Home Loan Bank of Dallas awarded $145,080 in Heirs? Property Program grants to Southeast Louisiana Legal Services, East St. Tammany Habitat for Humanity and the United Way of Southeast Louisiana at a ceremonial check presentation recently. This press release features multimedia.
Federal National Mortgage
Association (FNMA): * FANNIE MAE ANNOUNCES SALE OF REPERFORMING LOANS. * FANNIE MAE- SALE CONSISTS OF 3,141 LOANS WITH $559.8 MILLION UNPAID PRINCIPAL BALANCE Source text: Further company coverage:
WASHINGTON, March 4, 2025 Fannie Mae?today began marketing its most recent sale of reperforming loans as part of the company's ongoing effort to reduce the size of its retained mortgage portfolio. The sale consists of approximately 3,141 loans, having an unpaid principal balance of approximately $559.8 million, and is available for purchase by qualified bidders.
?Asset Token Ventures, a leader in bridging real-world assets with blockchain, has launched MBSTokenTM, a groundbreaking solution that brings liquidity, transparency, and efficiency to the $11 trillion mortgage-backed securities market. At the core of this initiative are two parallel funds: MBSToken ITM and MBSToken IITM.
KBRA is pleased to announce the assignment of preliminary ratings to four classes of FREMF Series 2025-K760 mortgage pass-through certificates and three classes of Freddie-Mac structured pass-through certificates, Series K-760. The underlying transaction is collateralized by 24 fixed-rate multifamily mortgage loans.
KBRA assigns preliminary ratings to 63 classes from Connecticut Avenue Securities Trust 2025-R02, a credit risk sharing transaction with a total note offering of $710,598,000. The Reference Pool consists of 49,051 residential mortgage loans with an outstanding principal balance of approximately $17.0 billion as of the cut-off date.
Freddie Mac today released the results of its Primary Mortgage Market Survey?, showing the 30-year fixed-rate mortgage averaged 6.76%. ?This week, mortgage rates decreased to their lowest level in over two months,? said Sam Khater, Freddie Mac?s Chief Economist.
Sallie Mae, formally SLM Corporation (SLM), today announced its 2025 annual meeting of stockholders will take place on June 17, 2025, at 1 p.m. ET. Additional details will be included in the company?s proxy statement to be filed with the Securities and Exchange Commission in late April. Sallie Mae believes education and life-long learning, in all forms, help people achieve great things.
Funds Will Assist Low-Income Families With Title Issues. The Federal Home Loan Bank of Dallas awarded a $100,000 Heirs? Property Program grant to Acadiana Legal Service Corporation in a ceremonial check presentation yesterday. This press release features multimedia.
Greystone, a leading national commercial real estate finance company, has provided a $90 million Fannie Mae Delegated Underwriting & Servicing Affordable Housing loan to refinance a 317-unit multifamily property in Yonkers, New York. Built in 1974, Cromwell Towers Apartments in Westchester County is a 12-story building consisting of one-, two-, and three-bedroom income- and rent-restricted units.
In the week ended Feb. 21, U.S. mortgage rates declined to their lowest levels this year, Bloomberg reported, presenting potential opportunities for investors in mortgage-backed securities ETFs.
Freddie Mac today posted to its website its Monthly Volume Summary for January 2025, 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.
Sallie Mae?, formally SLM Corporation (SLM), today announced Chief Executive Officer Jon Witter will speak at the 2025 RBC Capital Markets Global Financial Institutions Conference on Tuesday, March 4, at 9:20 a.m. ET. A live audio webcast and replay will be available at SallieMae.com/investors. Sallie Mae believes education and life-long learning, in all forms, help people achieve great things.
Program Recognizes 29 High-Performing Mortgage Servicers Across Three Key Performance Areas WASHINGTON, Feb. 25, 2025 Fannie Mae today announced its 2024?Servicer Total Achievement and RewardsTM Program results, recognizing 29 mortgage servicers for competency, capability, and overall performance.
U.S. single-family house prices increased solidly in December, despite improving supply, which together with elevated mortgage rates will continue to erode affordability. House prices rose 0.4% on a month-on-month basis after an upwardly revised 0.4% increase in November, the Federal Housing Finance Agency said on Tuesday.
U.S. single-family house prices increased solidly in December, despite improving supply, which together with elevated mortgage rates will continue to erode affordability. House prices rose 0.4% on a month-on-month basis after an upwardly revised 0.4% increase in November, the Federal Housing Finance Agency said on Tuesday.
Funds Will Be Used to Resolve Heirs? Property Issues. The Federal Home Loan Bank of Dallas, through its member Community Bank, awarded a $100,000 Heirs? Property Program grant to North Mississippi Rural Legal Services in a ceremonial check presentation. This press release features multimedia. North Mississippi was hard hit from a March 24, 2023, EF-4 tornado.
KBRA is pleased to announce the assignment of preliminary ratings to four classes of FREMF Series 2025-K169 mortgage pass-through certificates and three classes of Freddie-Mac structured pass-through certificates, Series K-169. The underlying transaction is collateralized by 59 fixed-rate multifamily mortgage loans.
Gateway Mortgage, a division of Gateway First Bank, is proud to announce that Fannie Mae recognized Gateway for their STAR achievement in the General Servicing category for the 2024 calendar year. The Servicer Total Achievement and Rewards? Program is based on a continuous improvement model designed to consistently "raise the bar."
The Federal Home Loan Bank of Atlanta announced today that it is making $60 million in grant funding available through two enhanced programs to help families and individuals purchase or rehabilitate a home.
Funds Will Be Used to Educate the Tarrant County Community About Heirs? Property Issues. The Federal Home Loan Bank of Dallas, through its member TexasBank, awarded a $25,000 Heirs? Property Program grant to Opening Doors for Women in Need in Fort Worth, Texas this week. This press release features multimedia.
Homebuyers received some good news this week: Mortgage rates declined for a fifth week to their lowest level since last year and the median U.S. home-sale price rose by the smallest increase since last September. What To Know: According to Freddie Mac, the average rate for 30-year loans was 6.85%, down from 6.87% last week, reaching the lowest level since December 2024.
Today the Board of Directors of the Federal Home Loan Bank of Indianapolis declared its fourth 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 February?21, 2025.
The Federal Home Loan Bank of Dallas today reported net income of $174.4 million for the quarter ended December 31, 2024. Total assets at December 31, 2024 were $127.7 billion, compared with $124.9 billion at September 30, 2024 and $128.3 billion at December 31, 2023.
The Federal Home Loan Bank of New York today released its unaudited financial highlights for the quarter and year ended December 31, 2024. The FHLBNY?s net income for 2024 was $738.5 million, a decrease of $12.6 million, or 1.7%, from record net income of $751.1 million for 2023.
Freddie Mac today released the results of its Primary Mortgage Market Survey?, showing the 30-year fixed-rate mortgage averaged 6.85%. ?Mortgage rates decreased slightly this week,? said Sam Khater, Freddie Mac?s Chief Economist. News Facts The PMMS? is focused on conventional, conforming, fully amortizing home purchase loans for borrowers who put 20% down and have excellent credit.
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.
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