The Sallie Mae Fund Commits $1 Million to DSU to Research Completion Gaps and Identify and Re-engage Those With Some College and No Degree Sallie Mae? today announced a $1 million research endowment to Delaware State University to help close the college completion gap.
KBRA releases the November 2023 issue of CMBS Trend Watch. Four conduits priced in November?a milestone event. We are hopeful the market?s growing conviction that the Federal Reserve will cut interest rates in 1H 2024 is a harbinger of a better year. In November, KBRA published pre-sales for five deals including four conduits and one Agency.
Almost 30% of College-Going Families Skipped The FAFSA? Last Year, Potentially Missing Out on Grants, Scholarships, and Federal Financial Aid Sallie Mae Introduces Free, Step-by-Step Guide to Help More Families Complete the FAFSA?. NEWARK, Del.
The Federal Home Loan Bank of Chicago today announced that it has awarded more than $33 million to help finance 44 housing projects and developments across Illinois and Wisconsin through its Affordable Housing Program General Fund. This press release features multimedia. ?Economic pressures, like rising interest rates and material costs, provide significant challenges for development.
The Federal Home Loan Bank of Dallas is pleased to announce the reelection of Felipe Rael to the FHLB Dallas Board of Directors, filling a public interest independent director seat. This press release features multimedia. Mr. Rael brings more than 20 years of housing industry experience to the Board.
Webcast and Conference Call Scheduled for Tuesday, Dec. 12 at 4:30 p.m. ET Sallie Mae?, formally SLM Corporation (SLM), will host an investor forum on Tuesday, Dec. 12, 2023 at 4:30 p.m. ET to discuss the evolution of its balance sheet and capital allocation strategy. A live audio webcast and presentation slides will be available at SallieMae.com/investors and the hosting website.
Mr. Seybold Fills One of Three Open Positions on FHLB Dallas Board. The Federal Home Loan Bank of Dallas is pleased to announce the election of Brett Seybold to the FHLB Dallas Board of Directors as a member director representing Texas. This press release features multimedia.
The Federal Home Loan Bank of Dallas is pleased to announce two new members to its Board of Directors and the re-election of an incumbent director. This press release features multimedia. Brett Seybold, senior vice president and treasurer for the United Services Automobile Association, headquartered in San Antonio, Texas, was elected to a member director position representing Texas.
Dr. Janaki Akella, Christopher T. Leech, and Shannon Watkins Bring Decades of Experience in Technology, Marketing, Operations, and Growth Strategy to the Board Sallie Mae?, formally SLM Corporation (SLM), today announced the appointments of Dr. Janaki Akella, Christopher T. Leech, and Shannon Watkins to its board of directors, effective Jan. 2, 2024.
KBRA releases its Canadian CMBS loan default and loss study, which reviews Canadian commercial mortgage-backed securities loans generally originated for securitization between Q4 1998 and Q2 2022. The cumulative default rate within the study population is 3.8% based on the performance data from 1998 through Q2 2023. Key Takeaways Click here to view the report.
FHLB Dallas? Partnership Grant Program Provides 3:1 Match of Members? Donations. Representatives from the Federal Home Loan Bank of Dallas, American First National Bank, Cadence Bank (CADE), Independent Financial and Inwood Bank were joined by local dignitaries as they awarded $80,000 in Partnership Grant Program funds to three Dallas-area community-based organizations.
KBRA assigns preliminary ratings to 62 classes from Connecticut Avenue Securities, Series 2023-R08, a credit risk sharing transaction with a total note offering of $573,483,000. The Reference Pool consists of 60,345 residential mortgage loans with an outstanding principal balance of approximately $18.9 billion as of the cut-off date.
KBRA is pleased to announce the assignment of preliminary ratings to four classes of FREMF Series 2023-K161 mortgage pass-through certificates and three classes of Freddie-Mac structured pass-through certificates, Series K-161. The underlying transaction is collateralized by 51 fixed-rate multifamily mortgage loans.
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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