News Results

  1. DWS?s RREEF Property Trust Closes on $30.9 Million Real Estate Credit Investment in Multifamily Sector
    Business Wire | 11/30/22 01:09 PM EST

    RREEF Property Trust, Inc., a publicly registered, daily NAV REIT that is advised by DWS through an affiliate, has acquired a 100 percent interest in the Class D Certificate and the related interest-only securities of a fixed rate Freddie Mac Multifamily CMBS Securitization known as FREMF 2021-K150 for a total investment of approximately $30.9 million.

  2. Bank of Charles Town Receives 2022 FHLBank Pittsburgh Diversity, Equity and Inclusion Membership Award; Group Tours Facility of Banking On Diversity Funding Recipient
    Business Wire | 11/30/22 12:36 PM EST

    Today, the Federal Home Loan Bank of Pittsburgh announced that Bank of Charles Town received the inaugural 2022 FHLBank Diversity, Equity and Inclusion Membership Award for their Banking On Diversity program. This press release features multimedia.

  3. KBRA Releases Research ? CMBS 2023 Sector Outlook: Continued Uncertainty
    Business Wire | 11/21/22 10:22 AM EST

    KBRA releases its CMBS 2023 Sector Outlook, which highlights key credit trends from 2022 and forecasts U.S. issuance activity for the new year. Lenders and investors have been scrutinizing deals more closely, reducing leverage, increasing pricing, or just moving to the sidelines as interest rates continue to rise.

  4. Sallie Mae Appoints R. Scott Blackley to Its Board of Directors
    Business Wire | 11/16/22 04:30 PM EST

    Mr. Blackley Brings Significant Financial Services and Operations Experience to the Board Sallie Mae?, formally SLM Corporation (SLM), today announced the appointment of R. Scott Blackley to its board of directors, effective immediately.

  5. Frost Bank and FHLB Dallas Award $700K for Addiction Recovery Housing
    Business Wire | 11/15/22 06:45 PM EST

    Adult & Teen Challenge of Texas Celebrates Grand Opening of Houston Dorm. Frost Bank and the Federal Home Loan Bank of Dallas have awarded a $700,000 Affordable Housing Program subsidy to Adult & Teen Challenge of Texas, which provided the final funding needed to complete a new dormitory for its Houston, Texas, campus. This press release features multimedia.

  6. Banks Award $18K to Hattiesburg Affordable Housing Nonprofit
    Business Wire | 11/15/22 06:15 PM EST

    Cadence Bank (CADE), Citizens National Bank and FHLB Dallas Assist in Ward 2 Renewal Effort Representatives from Cadence Bank (CADE), Citizens National Bank and the Federal Home Loan Bank of Dallas have awarded $18,000 in Partnership Grant Program funding to Twin Forks Rising Community Development Corp.. They celebrated the awards at a ceremonial check presentation in Hattiesburg, Mississippi, recently.

  7. KBRA Assigns Preliminary Ratings to FREMF 2022-K151 and Freddie Mac Structured Pass-Through Certificate Series K-151
    Business Wire | 11/14/22 12:40 PM EST

    KBRA is pleased to announce the assignment of preliminary ratings to four classes of FREMF Series 2022-K151 mortgage pass-through certificates and three classes of Freddie-Mac structured pass-through certificates, Series K-151. The underlying transaction is collateralized by 49 fixed-rate multifamily mortgage loans.

  8. KBRA Releases Research ? Single-Borrower CMBS Default and Loss Study: Despite Pandemic-Driven Default Highs, Losses Remain Low
    Business Wire | 11/11/22 10:46 AM EST

    KBRA releases its single-borrower CMBS default and loss study update, which reviews the performance of 644 SB deals issued from August 1993 to September 2021?the SB study population?that had at least one year of loan seasoning, with performance tracked through September 2022.

  9. BankPlus, Citizens National Bank and FHLB Dallas Award More Than $19K to Affordable Housing Nonprofit
    Business Wire | 11/10/22 06:22 PM EST

    Grant Program Provides 3:1 Match of Members? Contributions. Representatives from BankPlus, Citizens National Bank and the Federal Home Loan Bank of Dallas have awarded $19,140 in Partnership Grant Program matching-grant funding to the Lauderdale County Habitat for Humanity in Mississippi. This press release features multimedia.

  10. Cadence Bank and FHLB Dallas Award $10K to Mississippi Nonprofit
    Business Wire | 11/10/22 05:38 PM EST

    Grant Will Assist Sacred Heart Southern Missions Housing Corp. Cadence Bank (CADE) and the Federal Home Loan Bank of Dallas awarded $10,000 in Partnership Grant Program funding to Sacred Heart Southern Missions Housing Corp. today during a ceremonial check presentation in Walls, Mississippi. 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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