News Results

  1. KBRA Assigns Preliminary Ratings to CFMT 2021-EBO1, LLC ASSET-BACKED NOTES, SERIES 2021-1 (CFMT 2021-EBO1)
    Business Wire | 10/13/21 03:24 PM EDT

    Kroll Bond Rating Agency assigns preliminary ratings to 5 classes of asset-backed notes from CFMT 2021-EBO1, LLC ASSET-BACKED NOTES, SERIES 2021-1, collateralized by FHA-insured Ginnie Mae early buyout loans and REO assets. The transaction is the first publicly rated non-agency securitization of non-performing EBOs to be introduced to the market in over a decade.

  2. KBRA Assigns Preliminary Ratings to FMC GMSR ISSUER TRUST, MSR COLLATERALIZED NOTES, Series 2021-GT2
    Business Wire | 10/12/21 05:05 PM EDT

    Kroll Bond Rating Agency assigns preliminary ratings of ?BBB-? to the Series 2021-GT2, Class A Term Notes and ?BBB-? to the Series 2021-GT2, Class B Term Notes from FMC GMSR ISSUER TRUST, Freedom Mortgage Corporation?s master trust issuer of notes backed by a participation certificate evidencing a participation interest in mortgage servicing rights on loans underlying Ginnie Mae guaranteed mort...

  3. Origin Investments Launches $350 Million Multifamily Credit Fund
    Business Wire | 10/12/21 06:00 AM EDT

    Investing in Freddie Mac mortgage-backed ?B-Piece? certificates, fund targets net annual IRR of 8-10% while providing downside protection, inflation hedge and tax advantages Origin Investments, a top performing private real estate manager, launched a $350-million Multifamily Credit Fund designed to give qualified purchasers a passive income stream substantially higher than most other fixed inco...

  4. Two Banks Partner on $4K Grant to Shreveport Nonprofit
    Business Wire | 10/07/21 05:53 PM EDT

    Image Changers Receives Funding from FHLB Dallas and Red River Bank Red River Bank and the Federal Home Loan Bank of Dallas have partnered to award $4,000 in Partnership Grant Program funds to Image Changers, a nonprofit based in Shreveport, Louisiana. This press release features multimedia.

  5. Banks Award $33K to Two Nonprofits in Alexandria, Louisiana
    Business Wire | 10/07/21 12:31 PM EDT

    Red River Bank and FHLB Dallas Provide Partnership Grant Program Funds Red River Bank and the Federal Home Loan Bank of Dallas have partnered to award a total of $33,000 in Partnership Grant Program funds to Serving Grace and GAEDA Revitalization Corp. in Alexandria, Louisiana. This press release features multimedia.

  6. Sallie Mae to Release 2021 Third Quarter Financial Results on October 20
    Business Wire | 10/06/21 04:30 PM EDT

    Webcast and Conference Call Scheduled for Thursday, October 21, at 8 a.m. ET Sallie Mae? will release third-quarter financial results after market close on Wednesday, October 20, 2021. A live audio webcast and presentation slides will be available at SallieMae.com/investors and the hosting website on Thursday, October 21, at 8 a.m. ET.

  7. Snapdocs Announces New Program to Help Lenders More Easily Adopt eMortgages
    Business Wire | 10/06/21 09:00 AM EDT

    Snapdocs eMortgage Quickstart Program, supported by Freddie Mac, provides technology, implementation framework and support to help lenders scale Snapdocs, Inc., the leading digital closing platform for the mortgage industry, today announced the Snapdocs eMortgage Quickstart Program.

  8. Banks Award $78K to 10 Nonprofits in Three States
    Business Wire | 10/05/21 04:15 PM EDT

    FHLB Dallas and BancorpSouth Provide Partnership Grant Program Funds BancorpSouth Bank (BXS) and the Federal Home Loan Bank of Dallas awarded $78,222 in Partnership Grant Program matching-grant funding to 10 nonprofits in Arkansas, Mississippi and Louisiana.

  9. KBRA Releases Monthly CMBS Trend Watch
    Business Wire | 10/05/21 03:30 PM EDT

    Kroll Bond Rating Agency releases the September 2021 issue of CMBS Trend Watch. CMBS private label pricing volume ended the month of September at $12.3 billion, bringing the year-to-date issuance total to $69 billion, eclipsing the $58.4 billion in activity posted through Q3 YTD 2019, and up 75.4% year-over-year. In the spotlight feature, KBRA reviews its issuer net cash flow haircuts.

  10. FHLB Dallas Donates $500K to Greater New Orleans Foundation
    Business Wire | 09/28/21 01:02 PM EDT

    Foundation to Assist Nonprofits with Hurricane Ida Recovery Efforts The Federal Home Loan Bank of Dallas donated $500,000 to the Greater New Orleans Foundation to assist with its Hurricane Ida recovery efforts. This press release features multimedia.

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.

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