News Results

  1. Fannie Mae Prices $708 Million Connecticut Avenue Securities (CAS) REMIC Deal
    PR Newswire | 01:00 PM EDT

    WASHINGTON, May 23, 2024 Fannie Mae?priced Connecticut Avenue Securities? Series 2024-R04, an approximately $708 million note offering that represents Fannie Mae's fourth CAS REMIC? transaction of the year.

  2. Fannie Mae Announces Winner of Twenty-Fourth Community Impact Pool of Non-Performing Loans
    PR Newswire | 09:00 AM EDT

    WASHINGTON, May 23, 2024 Fannie Mae today announced the winning bidder for its twenty-fourth Community Impact Pool of non-performing loans. The CIP awarded in this most recent transaction includes 51 loans with an aggregate UPB of $14,270,414; average loan size of $279,812; and weighted average note rate of 4.35%. The cover bid, which was the second highest bid, for the CIP was 86.20% of UPB.

  3. Halcyon's Income Verification Integration with Fannie Mae Will Streamline Lending Processes
    PR Newswire | 05/21/24 06:40 PM EDT

    RED BANK, N.J., May 21, 2024 Halcyon announced today they are in the process of integrating with Fannie Mae's Desktop Underwriter? validation service, with final authorization at a later date. Halcyon, a vanguard in the financial technology industry, leverages its team's extensive 25-plus years of experience in tax preparation and financial services to offer a cutting-edge solution.

  4. Higher Rate Environment Projected to Dampen Housing Activity Through 2024
    PR Newswire | 05/21/24 08:30 AM EDT

    However, Sharp Decline in Sales Activity Unlikely as Home Listings Surge WASHINGTON, May 21, 2024 Housing activity is expected to slow modestly compared to previous projections, if the broad upward movement in mortgage rates since the start of the year is sustained, according to the May 2024 commentary from the Fannie Mae?Economic and Strategic Research Group.

  5. Fannie Mae Announces the Results of its Thirty-first Reperforming Loan Sale Transaction
    PR Newswire | 05/16/24 10:00 AM EDT

    WASHINGTON, May 16, 2024 Fannie Mae?today announced the results of its thirty-first reperforming loan sale transaction.

  6. Fannie Mae Appoints Data Science and Technology Executive Diane N. Lye to its Board of Directors
    PR Newswire | 05/14/24 04:14 PM EDT

    WASHINGTON, May 14, 2024 Fannie Mae today announced Diane N. Lye has been appointed to its Board of Directors. "We are very pleased to welcome Diane to the Fannie Mae Board of Directors," said Michael J. Heid, Chair of the Board.

  7. FHLB Cincinnati and Homeport Launch Rise Up Program with May 13 Event
    PR Newswire | 05/13/24 04:00 AM EDT

    $5 million in down payment assistance will be available for qualifying homeowners in Franklin County, Ohio COLUMBUS, Ohio, May 13, 2024 /PRNewswire/ -- The Federal Home Loan Bank of Cincinnati and Homeport will celebrate the launch of the Rise Up program on May 13 at Homeport's offices in Columbus, Ohio.

  8. Fannie Mae Announces Winner of its Latest Non-Performing Loan Sale
    PR Newswire | 05/09/24 10:00 AM EDT

    WASHINGTON, May 9, 2024 ?Fannie Mae today announced the results of its twenty-fourth non-performing loan sale transaction. The loan pool awarded in this most recent transaction includes: The cover bid, which is the second highest bid for the pool, was 98.28% of UPB. Bids are due on Fannie Mae's Community Impact Pool on May 16, 2024.

  9. Fannie Mae Expands Income Calculator Tool with Free, Web-based Option for Loan Originators
    PR Newswire | 05/08/24 12:00 PM EDT

    New Enhancement Calculates Borrower Self-Employment Income with Speed and Certainty WASHINGTON, May 8, 2024 Fannie Mae has announced new enhancements to its Income Calculator tool that will help mortgage professionals serve the growing number of mortgage applicants in the U.S. who are self-employed and don't have traditional sources of income.

  10. Housing Sentiment Again Shows Signs of Plateauing
    PR Newswire | 05/07/24 08:30 AM EDT

    HPSI Flat in April as Consumers Continue to Adjust to Higher Rate Environment WASHINGTON, May 7, 2024 The Fannie Mae?Home Purchase Sentiment Index? was unchanged in April at 71.9 and is showing signs of once again plateauing as consumers continue to adjust to the higher interest rate and home price environment.

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.