News Results

  1. BRIEF-Fannie Mae Reports Net Income Of $17 Billion For 2024 And $4.1 Billion For Fourth Quarter 2024
    Reuters | 02/14/25 08:39 AM EST

    Federal National Mortgage Association (FNMA) : * FANNIE MAE REPORTS NET INCOME OF $17.0 BILLION FOR 2024 AND $4.1 BILLION FOR FOURTH QUARTER 2024. * FANNIE MAE Q4 NET REVENUES $7,297 MILLION; Q4 NET INTEREST INCOME $7,182 MILLION Source text: Further company coverage:

  2. BRIEF-Fannie Mae Conventional Single-Family Serious Delinquency Rate Increased 3 Basis Points To 0.56% In December
    Reuters | 01/30/25 06:26 PM EST

    Federal National Mortgage Association (FNMA): * FANNIE MAE: CONVENTIONAL SINGLE-FAMILY SERIOUS DELINQUENCY RATE INCREASED 3 BASIS POINTS TO 0.56% IN DECEMBER. * FANNIE MAE: MULTIFAMILY SERIOUS DELINQUENCY RATE DECREASED 3 BASIS POINTS TO 0.57% IN DECEMBER Source text: Further company coverage:

  3. US house price growth moderates in November
    Reuters | 01/28/25 09:03 AM EST

    U.S. single-family house prices increased moderately in November as higher mortgage rates curb demand, boosting the supply of homes on the market. House prices rose 0.3% on a month-on-month basis after an upwardly revised 0.5% increase in October, the Federal Housing Finance Agency said on Tuesday. They advanced 4.2% in the 12 months through November, following an unrevised 4.5% gain in October.

  4. US house price growth moderates in November
    Reuters | 01/28/25 09:03 AM EST

    U.S. single-family house prices increased moderately in November as higher mortgage rates curb demand, boosting the supply of homes on the market. House prices rose 0.3% on a month-on-month basis after an upwardly revised 0.5% increase in October, the Federal Housing Finance Agency said on Tuesday. They advanced 4.2% in the 12 months through November, following an unrevised 4.5% gain in October.

  5. Trump says he'll nominate Bill Pulte to run Fannie, Freddie regulator
    Reuters | 01/16/25 12:25 PM EST

    U.S. President-elect Donald Trump said on Thursday he would nominate Bill Pulte to be the next director of the Federal Housing Finance Agency. "Bill needs no formal introduction to the Great Citizens of our Country, because they have seen, and many have experienced, his philanthropy firsthand," Trump wrote in a post on Truth Social.

  6. Trump says he'll nominate Bill Pulte to run federal housing regulator
    Reuters | 01/16/25 11:21 AM EST

    U.S. President-elect Donald Trump said on Thursday he would nominate Bill Pulte to be the next director of the Federal Housing Finance Agency. "Bill needs no formal introduction to the Great Citizens of our Country, because they have seen, and many have experienced, his philanthropy firsthand," Trump wrote in a post on Truth Social.

  7. BRIEF-Freddie Mac Multifamily Issued $56 Billion In 2024 Securities
    Reuters | 01/10/25 02:02 PM EST

    Federal Home Loan Mortgage Corp (FMCC) : * FREDDIE MAC MULTIFAMILY ISSUED $56 BILLION IN 2024 SECURITIES.

  8. US 30-year fixed-rate mortgage rate hovers just under 7%
    Reuters | 01/09/25 12:04 PM EST

    U.S. mortgage rates increased to a fresh six-month high this week, a trend that together with elevated house prices could further squeeze potential buyers from the market. The average rate on the popular 30-year fixed-rate mortgage climbed to 6.93%, the highest level since early July, from 6.91% last week, mortgage finance agency Freddie Mac said on Thursday.

  9. US 30-year fixed-rate mortgage rate hovers just under 7%
    Reuters | 01/09/25 12:04 PM EST

    U.S. mortgage rates increased to a fresh six-month high this week, a trend that together with elevated house prices could further squeeze potential buyers from the market. The average rate on the popular 30-year fixed-rate mortgage climbed to 6.93%, the highest level since early July, from 6.91% last week, mortgage finance agency Freddie Mac said on Thursday.

  10. BRIEF-Jane Prokop Joins Freddie Mac'S Board Of Directors
    Reuters | 01/07/25 05:44 PM EST

    Federal Home Loan Mortgage Corp (FMCC) : * JANE E. PROKOP JOINS FREDDIE MAC'S BOARD OF DIRECTORS Source text: Further company coverage:

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.

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