News Results

  1. UPDATE -- Federal Home Loan Bank of Indianapolis awards $100,000?in Money Masters financial literacy scholarships for 2024
    GlobeNewswire | 07/12/24 11:17 AM EDT

    ?In an effort to promote and improve financial literacy among college-bound students and rising seniors in Indiana and Michigan, the Federal Home Loan Bank of Indianapolis has partnered with FHLBank Indianapolis members and leading community groups to award more than $100,000 in financial literacy scholarships through the Bank?s Money Masters Scholarship Program so far in 2024.

  2. KBRA Releases Research ? GSEs Release Historical VantageScore 4.0 Data
    Business Wire | 07/11/24 05:49 PM EDT

    KBRA releases research examining historical VantageScore 4.0 data published today by government-sponsored entities Fannie Mae and Freddie Mac. The report includes: Click here to view the report. Related Publications About KBRA KBRA is a full-service credit rating agency registered in the U.S., the EU, and the UK, and is designated to provide structured finance ratings in Canada. Doc ID: 1005083.

  3. Mortgage Rates Tick Down as Markets Digest Incoming Data
    GlobeNewswire | 07/11/24 12:00 PM EDT

    Freddie Mac today released the results of its Primary Mortgage Market Survey?, showing the 30-year fixed-rate mortgage averaged 6.89 percent. "Following June?s jobs report, which showed a cooling labor market, the 10-year Treasury yield decreased this week and mortgage rates followed suit,? said Sam Khater, Freddie Mac?s Chief Economist.

  4. VantageScore, FHFA, Fannie Mae and Freddie Mac Release Historical VantageScore 4.0 Mortgage Data Set
    PR Newswire | 07/11/24 10:00 AM EDT

    VantageScore Continues Its Industry-Leading Commitment to Transparency SAN FRANCISCO, July 11, 2024 /PRNewswire/ -- VantageScore, a leading national credit-scoring company, today announced the release of a comprehensive, loan level, VantageScore 4.0 historical data set to mortgage industry participants.

  5. Sallie Mae to Release Second-Quarter 2024 Financial Results on July 24
    Business Wire | 07/10/24 04:30 PM EDT

    Webcast Scheduled for Wednesday, July 24, at 5:30 p.m. ET Sallie Mae?, formally SLM Corporation (SLM), will release second-quarter 2024 financial results after market close on Wednesday, July 24, 2024. A live audio webcast and presentation slides will be available at SallieMae.com/investors and the hosting website on Wednesday, July 24, 2024, at 5:30 p.m. ET.

  6. Federal Home Loan Bank of Indianapolis awards $100,000?in Money Masters financial literacy scholarships for 2024
    GlobeNewswire | 07/10/24 03:40 PM EDT

    ?In an effort to promote and improve financial literacy among college-bound students and rising seniors in Indiana and Michigan, the Federal Home Loan Bank of Indianapolis has partnered with FHLBank Indianapolis members and leading community groups to award more than $100,000 in financial literacy scholarships through the Bank?s Money Masters Scholarship Program so far in 2024.

  7. Federal Home Loan Bank of Atlanta and Georgia Department of Community Affairs?Partner to Increase Homebuyer Downpayment Assistance
    GlobeNewswire | 07/09/24 10:03 AM EDT

    ?Two local organizations are combining efforts to increase downpayment assistance available to eligible Georgia homebuyers. The Federal Home Loan Bank of Atlanta and the Georgia Department of Community Affairs, which each offer downpayment assistance programs, are making it possible for homebuyers to receive funding from both programs for up to $27,500 to put toward downpayment and closing costs.

  8. FHLBank Chicago Now Accepts Mortgage Collateral Using VantageScore 4.0 to Increase Opportunities for Underserved Borrowers and Close the Homeownership Gap
    Business Wire | 07/09/24 08:03 AM EDT

    Expanded Mortgage Collateral Option Gives Member Financial Institutions Additional Resource to Originate Loans to More Diverse and Creditworthy Homebuyers. The Federal Home Loan Bank of Chicago and VantageScore announced today that member financial institutions can now pledge mortgage collateral using VantageScore credit scores as an alternative to the classic FICO credit score model.

  9. Housing Sentiment Rebounds, Returns to Likely Plateau
    PR Newswire | 07/08/24 08:30 AM EDT

    Consumers Slightly More Optimistic about Homebuying and Home-Selling Conditions, But Affordability Pessimism Persists WASHINGTON, July 8, 2024 /PRNewswire/ -- The Fannie Mae Home Purchase Sentiment Index? increased 3.2 points in June to 72.6, rebounding from last month's dip and returning the index nearer the plateau it set earlier this year.

  10. More Than $2M in Affordable Housing Program Grants Awarded in Congressman French Hill?s District
    Business Wire | 07/03/24 03:00 PM EDT

    Funds Will Assist Four Projects Fulfilling the Need for Affordable Housing Across Population Segments The Federal Home Loan Bank of Dallas is pleased to award $2 million in Affordable Housing Program grants in U.S. Representative French Hill?s district to increase the supply of affordable housing stock for individuals and families in need. 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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