News Results

  1. Sallie Mae CFO to Speak at TD Financial Services & Fintech Summit
    Business Wire | 05/23/24 04:30 PM EDT

    Sallie Mae?, formally SLM Corporation (SLM), today announced Chief Financial Officer Pete Graham will speak at the TD Financial Services & Fintech Summit on Thursday, June 6, at 10:55 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.

  2. Federal Home Loan Bank of Dallas Launches $1 Million Native American Housing Opportunities Fund
    Business Wire | 05/23/24 04:02 PM EDT

    Tribes and Tribal Designated Housing Entities Will Be Eligible for Affordable Housing Grants. The Federal Home Loan Bank of Dallas has launched a $1 million fund to support affordable housing on tribal lands in its District of Arkansas, Louisiana, Mississippi, New Mexico and Texas.

  3. KBRA Assigns Preliminary Ratings to Fannie Mae?s CAS 2024-R04
    Business Wire | 05/20/24 11:26 AM EDT

    KBRA assigns preliminary ratings to 63 classes from Connecticut Avenue Securities, Series 2024-R04, a credit risk sharing transaction with a total note offering of $707,608,000. The Reference Pool consists of 53,682 residential mortgage loans with an outstanding principal balance of approximately $18.6 billion as of the cut-off date.

  4. Saluda Grade Awarded both RMBS Issuer of the Year and RMBS Deal of the Year at the 2024 GlobalCapital US Securitization Awards
    Business Wire | 05/20/24 11:10 AM EDT

    Saluda Grade, an alternative asset management platform focused on emerging asset classes within the U.S. real estate sector, is thrilled to announce being awarded both RMBS Issuer of the Year and RMBS Deal of the Year at the 2024 GlobalCapital US Securitization Awards held Thursday, May 16th in New York City.

  5. #1 GSE Student Housing Lender, Walker & Dunlop Releases Annual Housing Report
    Business Wire | 05/13/24 06:00 AM EDT

    As the leader in student housing finance, Walker & Dunlop, Inc. (WD) shares market trends and analysis of the current landscape in its newly published housing report. Placing as both Fannie Mae and Freddie Mac?s #1 Student Housing Lender in 2023, the team possesses unparalleled expertise and a pulse on the industry, providing valuable insights for developers and investors.

  6. Change Lending Becomes a Member of the Federal Home Loan Bank of San Francisco
    Business Wire | 05/09/24 09:00 AM EDT

    Change Lending, LLC proudly announces it has become a member of the Federal Home Loan Bank of San Francisco as of May 6, 2024. The FHLB of San Francisco is a vital financial institution dedicated to providing reliable liquidity, funding, and support to its member institutions.

  7. KBRA Assigns Preliminary Ratings to Freddie Mac?s STACR 2024-DNA2
    Business Wire | 05/08/24 01:02 PM EDT

    KBRA assigns preliminary ratings to 24 classes from Freddie Mac Structured Agency Credit Risk REMIC 2024-DNA2 Notes, Freddie Mac STACR REMIC Trust 2024-DNA2, a credit risk sharing transaction with a total note offering of $899,000,000.

  8. KBRA Releases Research ? FHFA Closed-End Seconds: Effect on PLS?
    Business Wire | 05/08/24 06:36 AM EDT

    The Federal Housing Finance Agency on April 16 issued a notice and a request for comment related to a proposal whereby Freddie Mac could purchase single-family closed-end second mortgages. Click here to view the report.

  9. FHLBank Chicago Opens Applications for $49 Million Affordable Housing Program (AHP) with $2 Million Per Project Grant
    Business Wire | 05/06/24 07:03 AM EDT

    Highest Annual Program Allocation in Program History for Illinois and Wisconsin Communities. Applications for the Federal Home Loan Bank of Chicago?s 2024 Affordable Housing Program General Fund are now open. This press release features multimedia.

  10. KBRA Releases Monthly CMBS Trend Watch
    Business Wire | 05/03/24 12:48 PM EDT

    KBRA releases the April 2024 issue of CMBS Trend Watch. U.S. private label CMBS issuance slowed to $6.4 billion in April from $9 billion in March amid widening spreads. In April, KBRA published pre-sales for seven deals including four SB, two conduits, and one Agency. This month?s edition also highlights recent KBRA research publications that cover various topical issues.

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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