Company to Host Conference Call WASHINGTON, Feb. 11, 2025 Fannie Mae?today announced plans to report its fourth quarter and full-year 2024 financial results on Friday morning, February 14, 2025, before the opening of U.S. financial markets. Fannie Mae has scheduled a conference call to discuss the company's results at 8:00 a.m., ET, on February 14, 2025.
Net income of $620 million, with $168 million in contributions to support affordable housing and community investment The Federal Home Loan Bank of Chicago today announced its preliminary and unaudited financial results for 2024. FHLBank Chicago expects to report net income of $620 million for 2024 when it files the Form 10-K with the Securities and Exchange Commission next month.
Greystone, a leading national commercial real estate finance company, has provided a $20,777,000 Fannie Mae Delegated Underwriting & Servicing loan to refinance a 206-unit multifamily property in Allentown, Pennsylvania. Wynnewood Greens, built in 1975, comprises 18 low-rise, three-story buildings.
KBRA is pleased to announce the assignment of preliminary ratings to four classes of FREMF Series 2025-K759 mortgage pass-through certificates and three classes of Freddie-Mac structured pass-through certificates, Series K-759. The underlying transaction is collateralized by 24 fixed-rate multifamily mortgage loans.
Freddie Mac today announced the tender results of its previously announced offer to purchase any and all of the STACR? Notes listed in the table below. The Company has conducted the Offer in accordance with the conditions set forth in the Offer to Purchase dated February 3, 2025 and related Notice of Guaranteed Delivery dated February 3, 2025.
Sharply Higher Share of Survey Respondents Expects Rent Prices to Rise WASHINGTON, Feb. 7, 2025 /PRNewswire/ -- The Fannie Mae?Home Purchase Sentiment Index? increased 0.3 points in January to 73.4, bouncing back slightly after falling last month for the first time since July.
Freddie Mac today released the results of its Primary Mortgage Market Survey?, showing the 30-year fixed-rate mortgage averaged 6.89%. ?The 30-year fixed-rate mortgage decreased this week, now averaging 6.89%,? said Sam Khater, Freddie Mac?s Chief Economist.
KBRA assigns preliminary ratings to 24 classes from Freddie Mac Structured Agency Credit Risk REMIC 2025-HQA1 Notes, Freddie Mac STACR REMIC Trust 2025-HQA1, a credit risk sharing transaction with a total note offering of $620,000,000.
Strategic Hire Builds on D2's $1 Billion Launch and Partnership with Koch Real Estate Investments DALLAS, Feb. 6, 2025 /PRNewswire/ -- D2 Asset Management, LP today announced that David Brickman, former CEO of Freddie Mac and NewPoint Real Estate Capital, has joined the firm as President of Residential Real Estate.
KBRA releases the January 2025 issue of CMBS Trend Watch. Following on the heels of a strong 2024 issuance year, January continued to exhibit strength, with year-over-year private label CMBS issuance increasing 38.1%. This was despite the benchmark rate increasing, while credit spreads remained stable relative to year-end.
Community Housing Capital and the Federal Home Loan Bank of Atlanta announced today an investment of $750,000 in grant funding designated for John Grace Arms, a project to construct 60 multifamily rental units in Southfield, Michigan.
Sallie Mae?, formally SLM Corporation (SLM), today announced Chief Financial Officer Pete Graham will speak at the Bank of America Securities 2025 Financial Services Conference on Wednesday, Feb. 12, at 12:10 p.m. ET. A live audio webcast and replay will be available at SallieMae.com/investors. Sallie Mae believes education and life-long learning, in all forms, help people achieve great things.
Sallie Mae?, formally SLM Corporation (SLM), today announced Chief Financial Officer Pete Graham will speak at the 2025 UBS Financial Services Conference on Monday, Feb. 10, at 12:10 p.m. ET. A live audio webcast and replay will be available at SallieMae.com/investors. Sallie Mae believes education and life-long learning, in all forms, help people achieve great things. Category: Corporate and Financial.
Freddie Mac today announced that it has commenced a fixed-price cash tender offer for the purchase of any and all of the STACR? Notes listed in the table below beginning Monday, February 3, 2025. Freddie Mac has engaged BofA Securities, Inc. and Morgan Stanley & Co. LLC as lead dealer managers and Academy Securities, Inc. as co-dealer manager for the Offer.
The Federal Home Loan Bank of Dallas has allocated $1 million for its Housing Assistance for Veterans program ? up from $300,000 in 2024 ? and has expanded the criteria to serve more veterans and service members. HAVEN is open to active service members, veterans, reservists and National Guard members who suffered a service-related disability and is also available to Gold Star Families.
The Federal Home Loan Bank of Dallas is pleased to announce the appointment of Bobby Wilkinson, executive director of the Texas Department of Housing and Community Affairs, to the FHLB Dallas Affordable Housing Advisory Council. This press release features multimedia. ?It is such an honor to be appointed to the FHLB Dallas Affordable Housing Advisory Council.
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:
The Federal Home Loan Bank of San Francisco announced today that its Board of Directors and Chief Executive Officer Alanna McCargo have jointly determined that effective immediately Ms. McCargo will step down as President and CEO.
WASHINGTON, Jan. 30, 2025 Fannie Mae's?December 2024 Monthly Summary is now available. About Fannie MaeFannie Mae advances equitable and sustainable access to homeownership and quality, affordable rental housing for millions of people across America. Fannie Mae Newsroomhttps://www.fanniemae.com/newsroom.
The board of directors of the Federal Home Loan Bank of Atlanta today approved a cash dividend for the fourth quarter 2024 at an annualized rate of 7.10 percent. ?Throughout the fourth quarter of 2024, our commitment to helping members through economic uncertainty and advancing our mission remained steadfast,? said FHLBank Atlanta Chair of the Board, Thornwell Dunlap.
The Federal Home Loan Bank of Dallas is pleased to announce the appointment of Daniel Boggs to the FHLB Dallas Affordable Housing Advisory Council, representing the state of Mississippi. This press release features multimedia.
The Federal Home Loan Bank of Dallas is pleased to announce the appointment of tribal housing veteran Isaac Perez to the FHLB Dallas Affordable Housing Advisory Council. This press release features multimedia. Mr. Perez has been appointed to the Advisory Council?s newly created tribal housing position.
Freddie Mac today released the results of its Primary Mortgage Market Survey?, showing the 30-year fixed-rate mortgage averaged 6.95%. "The 30-year fixed-rate has hovered between 6% and 7% for most of the last two and a half years. News Facts The PMMS? is focused on conventional, conforming, fully amortizing home purchase loans for borrowers who put 20% down and have excellent credit.
Funds Will Be Used to Protect Vulnerable Communities from Displacement. The Federal Home Loan Bank of Dallas, through its member Woodforest National Bank?, awarded a $100,000 Heirs? Property Program grant to the Mexican American Unity Council in San Antonio, Texas. This press release features multimedia.
The Federal Home Loan Bank of Dallas is pleased to announce the appointment of three new members to its Affordable Housing Advisory Council and two reappointments. This press release features multimedia.
Greystone Servicing Company LLC, a leading national commercial real estate finance company, announced it ranks in the Top 10 for total production volume of both Fannie Mae and Freddie Mac loans in 2024. In 2024, Greystone once again ranked #1 for volume for all lenders in Fannie Mae Small Loans, illustrating its commitment to middle-market and workforce housing markets nationwide.
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.
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.
Shares of Fannie Mae and Freddie Mac fell Monday after Keefe, Bruyette & Woods analysts downgraded the stocks to Underperform. What To Know: The Keefe, Bruyette & Woods analysts, led by Tommy McJoynt, said that though the odds of a privatization attempt have grown lately, they see "considerable risk" to the stocks at their current levels.
Freddie Mac today posted to its website its Monthly Volume Summary for December 2024, which provides information on Freddie Mac?s mortgage-related portfolios, securities issuance, risk management, delinquencies, debt activities and other investments. Freddie Mac?s mission is to make home possible for families across the nation.
FHLB's popular down payment assistance program offers grants to low- and moderate-income homebuyers CINCINNATI, Jan. 24, 2025 /PRNewswire/ -- The Federal Home Loan Bank of Cincinnati's Welcome Home Program will open at 8:00 a.m. ET on March 3, 2025. The WHP offers grants of up to $20,000 to fund down payment and closing costs for low- and moderate-income homebuyers.
Sallie Mae, formally SLM Corporation (SLM), today released fourth-quarter and full-year 2024 financial results. This press release features multimedia. Sallie Mae will host an earnings conference call today, Jan. 23, 2025, at 5:30 p.m. ET. A replay of the webcast will be available via the company?s investor website approximately two hours after the call?s conclusion.
Carter Bank and the Federal Home Loan Bank of Atlanta announced today a significant investment of $2.3 million in grant funding, designated for three separate projects that will create 168 new affordable housing units across North Carolina.
Sallie Mae, formally SLM Corporation (SLM), today announced a 2025 first-quarter dividend on its Preferred Stock Series B of $1.5951112 per share. Both preferred stock and common stock dividends will be paid on March 17, 2025, to the respective stockholders of record at the close of business on March 5, 2025.
Company Provided Continued Stable Support for Affordable Rental Housing and Other Essential Multifamily Market Sectors WASHINGTON, Jan. 22, 2025 /PRNewswire/ -- Fannie Mae provided more than $55 billion in financing to support the U.S. multifamily market in 2024, the company announced today.
In response to the devastating wildfires in the greater Los Angeles region, the Federal Home Loan Bank of San Francisco announced it will contribute $2 million to aid ongoing response and relief efforts and provide front line support in impacted communities.
KBRA assigns preliminary ratings to 63 classes from Connecticut Avenue Securities, Series 2025-R01, a credit risk sharing transaction with a total note offering of $777,109,000. The Reference Pool consists of 51,922 residential mortgage loans with an outstanding principal balance of approximately $17.4 billion as of the cut-off date.
Member Banks Can Now Use the VantageScore 4.0 Credit Score?to Originate Loans for Millions of New Creditworthy Borrowers SAN FRANCISCO and DALLAS, Jan. 21, 2025 /PRNewswire/ -- VantageScore today announced that the Federal Home Loan Bank of Dallas now accepts mortgage collateral originated by lenders using VantageScore 4.0 credit scores.
WASHINGTON, Jan. 17, 2025 ?The?American Land Title Association, the national trade association of the land title insurance industry, released the following statement from ALTA CEO Diane Tomb on the nomination of Bill Pulte, founder and CEO of Pulte Capital Partners LLC,?to Director of the Federal Housing Finance Agency: "ALTA congratulates Bill Pulte on President-elect Trump's intention to nom...
President-elect Donald Trump?announced plans Thursday to nominate private equity CEO Bill Pulte as director of the Federal Housing Finance Agency. What To Know: If Trump?s selection is confirmed, Pulte will become the top housing regulator, overseeing mortgage giants Fannie Mae and Freddie Mac , which have been in conservatorship since the 2008 financial crisis.
Ryan Donovan, President and Chief Executive Officer of the Council of Federal Home Loan Banks, the public voice of the Federal Home Loan Bank System, today released the following statement in response to President Trump?s nomination of Bill Pulte as director of the Federal Housing Finance Agency.
Greystone, a leading national commercial real estate finance company, has provided a $11,749,000 Fannie Mae Delegated Underwriting & Servicing loan to refinance a 61-unit multifamily property in Amityville, New York.
Funds Will Help With New Refuge Family and Respite Shelter. Representatives from the Federal Home Loan Bank of Dallas and First Security Bank awarded $30,000 in Partnership Grant Program funding to the Conway Ministry Center to assist the nonprofit organization with its efforts to reduce homelessness. This press release features multimedia.
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.
Freddie Mac today released the results of its Primary Mortgage Market Survey?, showing the 30-year fixed-rate mortgage averaged 7.04 percent. ?Mortgage rates ticked up for the fifth consecutive week and crossed seven percent for the first time since May of 2024,? said Sam Khater, Freddie Mac?s Chief Economist.
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.
Pershing Square Capital Management, L.P. will host an X Live broadcast on Thursday, January 16, 2025, at 9:00 AM EST. The broadcast can be accessed here: https://x.com/BillAckman About Pershing Square Capital Management, L.P. Pershing Square Capital Management, L.P., based in New York City, is an SEC-registered investment advisor to investment funds.
Freddie Mac? Multifamily today announced its 2024 production volume totaled $66 billion, a 34% increase over 2023. ?Every day, we go to work to provide liquidity, stability and affordability to the multifamily market. Freddie Mac data released today indicates that the company will achieve its 2024 Multifamily affordable housing goals set by the Federal Housing Finance Agency.
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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