News Results

  1. Freddie Mac Brings Greater Diversity and Equity to its Single-Family and Multifamily Credit Risk Transfer Programs
    GlobeNewswire | 01/26/23 02:09 PM EST

    Freddie Mac today announced that its Single-Family and Multifamily Credit Risk Transfer programs acquired credit protection of approximately $833 million on more than $50 billion unpaid principal balance of mortgage loans, brokered by Aon plc (AON), a leading global professional services firm, and sub-brokered by certified minority-business enterprise Protecdiv in 2022.

  2. Federal Home Loan Bank of Atlanta Declares a 6.37% Dividend for Fourth Quarter 2022
    GlobeNewswire | 01/26/23 01:39 PM EST

    The board of directors of the Federal Home Loan Bank of Atlanta today approved a cash dividend for the fourth quarter 2022 at an annualized rate of 6.37 percent. ?The support of our members is key to maintaining a strong financial foundation for our cooperative,? said FHLBank Atlanta Chair of the Board, Thornwell Dunlap.

  3. Mortgage Rates Trend Down
    GlobeNewswire | 01/26/23 12:00 PM EST

    Freddie Mac today released the results of its Primary Mortgage Market Survey?, showing the 30-year fixed-rate mortgage averaged 6.13 percent. ?Mortgage rates continue to tick down and, as a result, home purchase demand is thawing from the months-long freeze that gripped the housing market,? said Sam Khater, Freddie Mac?s Chief Economist.

  4. Freddie Mac Issues Monthly Volume Summary for December 2022
    GlobeNewswire | 01/25/23 04:32 PM EST

    Freddie Mac today posted to its website its Monthly Volume Summary for December 2022, which provides information on Freddie Mac?s mortgage-related portfolios, securities issuance, risk management, delinquencies, debt activities, and other investments. Freddie Mac makes home possible for millions of families and individuals by providing mortgage capital to lenders.

  5. Federal Home Loan Bank of Atlanta Announces Results of Board of Directors? Leadership Elections
    GlobeNewswire | 01/24/23 10:33 AM EST

    Federal Home Loan Bank of Atlanta today announced the results of the election for chair and vice chair of its board of directors. R. Thornwell Dunlap III, ChairFHLBank Atlanta board members elected R. Thornwell Dunlap III, president and chief executive officer of Countybank in Greenwood, South Carolina, to a two-year term as chair of FHLBank Atlanta?s board of directors.

  6. Mortgage Rates Continue to Decrease
    GlobeNewswire | 01/19/23 12:00 PM EST

    Freddie Mac today released the results of its?Primary Mortgage Market Survey??, showing the 30-year fixed-rate mortgage averaged 6.15 percent. ?As inflation continues to moderate, mortgage rates declined again this week,? said Sam Khater, Freddie Mac?s Chief Economist.

  7. Greystone Elevates Rich Martinez to Head of Agency Lending Production
    GlobeNewswire | 01/19/23 09:00 AM EST

    Greystone, a leading national commercial real estate finance company, announced Rich Martinez has been promoted to Head of Production, Agency Lending, after joining the firm in 2022 as Executive Managing Director, Multifamily Sales & Production.

  8. Freddie Mac Multifamily?s Targeted Affordable Housing Loans Increased by Nearly 60% in 2022
    GlobeNewswire | 01/18/23 09:00 AM EST

    January 17, 2023 ? Freddie Mac Multifamily?s 2022 production volume totaled $73.8 billion, including a record of nearly $1 billion in Low-Income Housing Tax Credit equity investments. ?In a year marked by record rent inflation and a rental housing supply crisis, Freddie Mac Multifamily prioritized its affordable housing mission,? said Kevin Palmer, head of Freddie Mac Multifamily.

  9. Greystone Provides $94.5 Million Financing for $131 Million Multifamily Acquisition in Chicago
    GlobeNewswire | 01/17/23 11:22 AM EST

    Greystone, a leading national commercial real estate finance company, has provided a $94,451,000 Fannie Mae Delegated Underwriting & Servicing loan for the $131 million acquisition of a 586-unit multifamily property in Arlington Heights, Illinois.

  10. Freddie Mac Announces Additional Details Regarding the LIBOR Transition
    GlobeNewswire | 01/13/23 10:00 AM EST

    Freddie Mac reiterated today that it will transition its legacy U.S. dollar LIBOR-indexed contracts to an index based on the Secured Overnight Financing Rate for loans and securities for which Freddie Mac is responsible for selecting the replacement index.

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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