News Results

  1. KBRA Assigns Preliminary Ratings to PNMAC GMSR ISSUER TRUST MSR COLLATERALIZED NOTES, Series 2024-GT1
    Business Wire | 02/23/24 01:07 PM EST

    KBRA assigns ratings of ?BBB? to the Series 2024-GT1 Term Notes from PNMAC GMSR ISSUER TRUST, PennyMac Loan Services, LLC?s master trust issuer of notes backed by participation certificates evidencing participation interest in mortgage servicing rights on loans underlying Ginnie Mae guaranteed mortgage backed securities.

  2. Federal Home Loan Bank of Dallas and First Federal Bank of Louisiana Award $75K Grant to Help Homeowners with Property Ownership Issues
    Business Wire | 02/22/24 03:23 PM EST

    Funds to Support Clients With Legal Assistance and Consumer Education. The Federal Home Loan Bank of Dallas has awarded a $75,000 Heirs? Property Program grant to Project Build a Future. This press release features multimedia. In 2023, FHLB Dallas awarded $905,200 which will assist more than 900 residents resolve an estimated 442 titles.

  3. Heirs? Property Grant of $75K Awarded by Federal Home Loan Bank of Dallas and Broadway Bank
    Business Wire | 02/22/24 02:18 PM EST

    Funds to Help Prevent or Remediate Property Title Issues. The Federal Home Loan Bank of Dallas awarded $75,000 in Heirs? Property Program grants to the Mexican American Unity Council through its member Broadway Bank. This press release features multimedia.

  4. FHLBank Pittsburgh Announces Full Year and Fourth Quarter 2023 Operating Highlights
    Business Wire | 02/22/24 11:13 AM EST

    The Federal Home Loan Bank of Pittsburgh announced today unaudited financial results for the full year and fourth quarter ended December 31, 2023. Financial Highlights: Credit Products Highlights: Community Investment Products Highlights: Statements of Income FHLBank's net income totaled $581.6 million for the year ended December 31, 2023, compared to $227.1 million for the same prior-year period.

  5. Sallie Mae CFO to Speak at 2024 RBC Capital Markets Global Financial Institutions Conference
    Business Wire | 02/21/24 04:30 PM EST

    Sallie Mae?, formally SLM Corporation (SLM), today announced Chief Financial Officer Pete Graham will speak at the 2024 RBC Capital Markets Global Financial Institutions Conference on Wednesday, March 6, at 3:20 p.m. ET. A live audio webcast and replay will be available at Sallie Mae believes education and life-long learning, in all forms, help people achieve great things.

  6. ServiceMac Recognized by Fannie Mae as a 2023 STAR Performer Award Winner
    Business Wire | 02/21/24 11:00 AM EST

    ?Four years after onboarding its first loan, ServiceMac has become one of the top-rated servicers in the U.S.? ServiceMac, an innovative mortgage subservicer and a member of the First American family of companies, today announced the company has been honored as a Fannie Mae 2023 Servicer Total Achievement and Rewards? Performer award recipient in the General Servicing category.

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.