News Results

  1. ALTA Commends Leadership of House Democrats Questioning Administration's Title Waiver Program
    PR Newswire | 12:42 PM EDT

    WASHINGTON, April 17, 2024 ?The American Land Title Association, the national trade association of the land title insurance industry, commends the group of 18 Democratic Members of Congress?led by Rep. Wiley Nickel?who wrote a letter to President Biden expressing concerns regarding the administration's plan approved by the Federal Housing Finance Agency to waive title insurance on loans purchas...

  2. Freddie Mac Multifamily Announces More Than $20 Billion in Impact Bonds Issued Since Program Inception
    GlobeNewswire | 04/16/24 01:00 PM EDT

    Freddie Mac Multifamily?s Impact Bonds program?has issued over $20 billion in Green, Social and Sustainability bonds since the program?s creation in 2019. Freddie Mac?s Impact Bonds support multifamily properties that address persistent housing challenges, particularly environmental and social issues, and provide additional transparency to investors.

  3. FHLBank San Francisco Commits $13 Million to 2024 WISH Downpayment Assistance Grant Program, Boosting Homeownership Opportunities Across Region
    GlobeNewswire | 04/16/24 12:11 PM EDT

    The Federal Home Loan Bank of San Francisco today announced a $13 million commitment to its 2024 WISH matching grant program to provide funding for downpayment assistance to lower-income families and individuals.

  4. Fannie Mae Announces Sale of Reperforming Loans
    PR Newswire | 04/16/24 10:00 AM EDT

    WASHINGTON, April 16, 2024 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 6,507 loans, having an unpaid principal balance of approximately $1.470 billion, and is available for purchase by qualified bidders.

  5. Federal Home Loan Bank of Atlanta Announces $55 Million Available Through?2024 Affordable Housing Program General Fund
    GlobeNewswire | 04/16/24 09:00 AM EDT

    Federal Home Loan Bank of Atlanta announced today that it will accept applications for its 2024 Affordable Housing Program General Fund round starting June 27, 2024, through July 29, 2024.

  6. Freddie Mac Multifamily Enhances Policies to Strengthen Due Diligence, Deter Fraud and Reduce Risks
    GlobeNewswire | 04/15/24 01:30 PM EDT

    Freddie Mac Multifamily?today announced a series of policy and process enhancements that further strengthen underwriting due diligence, bolster fraud detection and deterrence, and mitigate other risks.

  7. Two Federal Home Loan Bank of Dallas Members Recognized for Community Investment Commitments
    Business Wire | 04/12/24 06:28 PM EDT

    Bank of Anguilla and Arvest Bank Receive CARE Award. The Federal Home Loan Bank of Dallas recognized two member financial institutions for their commitment to community investment by naming them 2024 Community Area Revitalization Efforts Award recipients. This press release features multimedia.

  8. Will Mortgage Rates Pop Again? Homebuyers Combat An Affordability Crises
    Benzinga | 04/11/24 01:32 PM EDT

    The recent spike in national mortgage rates stirred concerns among homebuyers and economists alike. Chart Source: Freddie Mac Additionally, other key indicators such as the 15-year fixed mortgage rate, which rose to 6.16%, signaled a broader trend of rate hikes. Also Read: Are You A Housing Market Lock-In?

  9. Mortgage Rates Move Toward Seven Percent as Markets Digest Incoming Data
    GlobeNewswire | 04/11/24 12:00 PM EDT

    Freddie Mac today released the results of its Primary Mortgage Market Survey?, showing the 30-year fixed-rate mortgage averaged 6.88 percent. ?Mortgage rates have been drifting higher for most of the year due to sustained inflation and the reevaluation of the Federal Reserve?s monetary policy path,? said Sam Khater, Freddie Mac?s Chief Economist.

  10. Fannie Mae Prices $628 Million Connecticut Avenue Securities (CAS) REMIC Deal
    PR Newswire | 04/11/24 11:30 AM EDT

    WASHINGTON, April 11, 2024 Fannie Mae priced Connecticut Avenue Securities? Series 2024-R03, an approximately $628 million note offering that represents Fannie Mae's third CAS REMIC? transaction of the year. The reference pool for CAS Series 2024-R03 consists of approximately 75,000 single-family mortgage loans with an outstanding unpaid principal balance of approximately $26.2 billion.

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.