Federal Home Loan Mortgage Corp : * FREDDIE MAC PRICES $724 MILLION MULTIFAMILY K-DEAL, K-HG3, BACKED BY PROPERTIES CONTROLLED BY HARBOR GROUP INTERNATIONAL, LLC Source text for Eikon: Further company coverage:
Freddie Mac (FMCC) recently priced a new offering of Structured Pass-Through Certificates, backed by a multifamily mortgage loan with one fixed rate component and two floating rate components. The transaction collateral is part of Freddie Mac?s single-asset, single borrower execution.
Freddie Mac (FMCC) announces the pricing of the SB91 offering, a multifamily mortgage-backed securitization backed by small balance loans underwritten by Freddie Mac (FMCC) and issued by a third-party trust. SB91 Pricing Details: Freddie Mac (FMCC) is guaranteeing four senior principal and interest classes and one interest only class of securities issued by the FRESB 2021-SB91 Mortgage Trust.
Freddie Mac (FMCC) recently priced a new offering of Multifamily WI K-Deal Certificates, which are initially backed by cash assets that will be used to purchase the A-M class of a to-be-issued reference K-Deal. Details Related Links WI Certificates are funded investments, which settle shortly after the offering period.
Freddie Mac (FMCC) today predicted the continued strength of the single-family housing market even as mortgage rates are expected to modestly increase and home prices rise. ?Despite some obvious headwinds, the housing market remains strong as the economy grows,? said Sam Khater, Freddie Mac?s Chief Economist.
WASHINGTON, Oct. 15, 2021 ?Global supply constraints continue to cap economic output amid growing inflationary and consumer-spending concerns, according to the October 2021 commentary from the Fannie Mae? Economic and Strategic Research Group.
Greystone, a leading national commercial real estate finance firm, has provided a $39,060,000 Fannie Mae DUS? loan for the acquisition of an affordable housing property in Corona, California, on behalf of Avanath Capital.
Freddie Mac (FMCC) today released the results of its Primary Mortgage Market Survey?, showing that the 30-year fixed-rate mortgage averaged 3.05 percent. ?The 30-year fixed-rate mortgage rose to its highest point since April,? said Sam Khater, Freddie Mac?s Chief Economist.
ANN ARBOR, Mich. Phil Shoemaker, President of Originations at Homepoint. Homepoint's expansion of its conforming loan limit, which applies to single-family properties in the continental United States, and requires full appraisals, precedes any official announcement of the 2022 baseline national conforming loan limit by the Federal Housing Finance Agency.
Kroll Bond Rating Agency assigns preliminary ratings to 5 classes of asset-backed notes from CFMT 2021-EBO1, LLC ASSET-BACKED NOTES, SERIES 2021-1, collateralized by FHA-insured Ginnie Mae early buyout loans and REO assets. The transaction is the first publicly rated non-agency securitization of non-performing EBOs to be introduced to the market in over a decade.
Greystone, a leading national commercial real estate finance company, has provided a total of $57,341,000 in Fannie Mae Delegated Underwriting and Servicing loans to refinance two affordable housing properties in New York City?s Bronx and Brooklyn boroughs.
New consumer research from Freddie Mac (FMCC) found that the pandemic disrupted the homeownership goals of single female heads of households. ?The COVID-19 pandemic has had disparate economic impacts nationwide, particularly on women who are heads of their households, such as single moms and caretakers,? said Pam Perry, Single-Family Vice President of Equitable Housing.
Kroll Bond Rating Agency assigns preliminary ratings of ?BBB-? to the Series 2021-GT2, Class A Term Notes and ?BBB-? to the Series 2021-GT2, Class B Term Notes from FMC GMSR ISSUER TRUST, Freedom Mortgage Corporation?s master trust issuer of notes backed by a participation certificate evidencing a participation interest in mortgage servicing rights on loans underlying Ginnie Mae guaranteed mort...
Federal National Mortgage Association : * FANNIE MAE ANNOUNCES WINNER OF ITS LATEST NON-PERFORMING LOAN SALE. * FANNIE MAE (FNMA) - POOLS WERE MARKETED WITH BOFA SECURITIES, INC. AND FIRST FINANCIAL NETWORK, INC. AS ADVISORS Source text for Eikon: Further company coverage:
Investing in Freddie Mac mortgage-backed ?B-Piece? certificates, fund targets net annual IRR of 8-10% while providing downside protection, inflation hedge and tax advantages Origin Investments, a top performing private real estate manager, launched a $350-million Multifamily Credit Fund designed to give qualified purchasers a passive income stream substantially higher than most other fixed inco...
Federal Home Loan Mortgage Corp: * FREDDIE MAC PRICES $180 MILLION MULTIFAMILY WHEN-ISSUED K-DEAL?, WI-K133. * FREDDIE MAC (FMCC) - EXPECTS TO ISSUE ABOUT $180 MILLION IN WI CERTIFICATES, WHICH ARE EXPECTED TO SETTLE ON OR ABOUT OCTOBER 13, 2021 Source text for Eikon: Further company coverage:
Freddie Mac (FMCC) recently priced a new offering of Multifamily WI K-Deal Certificates, which are initially backed by cash assets that will be used to purchase the A-M class of a to-be-issued reference K-Deal. WI-K133 Pricing Details Related Links WI Certificates are funded investments, which settle shortly after the offering period.
Image Changers Receives Funding from FHLB Dallas and Red River Bank Red River Bank and the Federal Home Loan Bank of Dallas have partnered to award $4,000 in Partnership Grant Program funds to Image Changers, a nonprofit based in Shreveport, Louisiana. This press release features multimedia.
?Freddie Mac (FMCC) recently priced a new offering of Structured Pass-Through Certificates, which are backed by underlying collateral consisting of fixed-rate multifamily mortgages with predominantly 10-year terms. K-132 Pricing *For more information on Freddie Mac's When-Issued K-Deal, WI-K132, click here.
Freddie Mac (FMCC) today announced that the company plans to offer at least $3 billion in Single-Family affordable housing bonds. ?Freddie Mac (FMCC) is committed to creating additional opportunities for families to access quality housing?and today we are announcing a major action in support of that goal,? said Michael DeVito, CEO of Freddie Mac.
Federal Home Loan Mortgage Corp: * FREDDIE MAC MULTIFAMILY PURCHASES $4.6 MILLION MANUFACTURED HOUSING RESIDENT-OWNED COMMUNITY LOAN IN SOUTHERN CALIFORNIA Source text for Eikon: Further company coverage:
The Federal Home Loan Bank of San Francisco congratulates president and CEO Teresa Bryce Bazemore on her recognition as one of the Bay Area?s Most Influential Women in Business for 2021 by the San Francisco Business Times.
Red River Bank and FHLB Dallas Provide Partnership Grant Program Funds Red River Bank and the Federal Home Loan Bank of Dallas have partnered to award a total of $33,000 in Partnership Grant Program funds to Serving Grace and GAEDA Revitalization Corp. in Alexandria, Louisiana. This press release features multimedia.
Freddie Mac (FMCC) today announced it has purchased a loan to finance Seal Beach Shores MHC, a Manufactured Housing Resident-Owned Community in Seal Beach, California. Freddie Mac (FMCC) introduced its MHROC loan program in 2018, establishing a loan program for manufactured housing co-op communities that are owned by their residents.
WASHINGTON, Oct. 7, 2021 ?Fannie Mae (FNMA) today began marketing its twenty-third sale of reperforming loans as part of the company's ongoing effort to reduce the size of its retained mortgage portfolio. The sale consists of approximately 18,800 loans, having an unpaid principal balance of approximately $2.9 billion, and is available for purchase by qualified bidders.
Freddie Mac (FMCC) today released the results of its Primary Mortgage Market Survey?, showing that the 30-year fixed-rate mortgage averaged 2.99 percent. ?Mortgage rates continue to hover at around three percent again this week due to rising economic and financial market uncertainties,? said Sam Khater, Freddie Mac?s Chief Economist.
Greystone, a leading national commercial real estate finance firm, has provided a $32,500,000 Fannie Mae DUS? Multifamily Affordable Housing loan for the acquisition of an affordable housing property in Berkeley, California. The Fannie Mae affordable loan for Harriet Tubman Terrace, a Section 8 HAP property, carries a 17-year term at a fixed rate with a 35-year amortization.
WASHINGTON, Oct. 7, 2021 ?The Fannie Mae Home Purchase Sentiment Index? decreased 1.2 points to 74.5 in September, as survey respondents continued to report divergent opinions of homebuying and home-selling conditions.
Webcast and Conference Call Scheduled for Thursday, October 21, at 8 a.m. ET Sallie Mae? will release third-quarter financial results after market close on Wednesday, October 20, 2021. A live audio webcast and presentation slides will be available at SallieMae.com/investors and the hosting website on Thursday, October 21, at 8 a.m. ET.
Greystone, a leading national commercial real estate finance company, has provided an $18,213,000 Fannie Mae Delegated Underwriting and Servicing loan to refinance a 142-unit multifamily community in Lanham, Maryland.
Snapdocs eMortgage Quickstart Program, supported by Freddie Mac, provides technology, implementation framework and support to help lenders scale Snapdocs, Inc., the leading digital closing platform for the mortgage industry, today announced the Snapdocs eMortgage Quickstart Program.
Federal Home Loan Mortgage Corp: * FREDDIE MAC PRICES $252 MILLION MULTIFAMILY K-DEAL, K-J35. * FREDDIE MAC (FMCC) - EXPECTS TO ISSUE APPROXIMATELY $252 MILLION IN K CERTIFICATES, WHICH ARE EXPECTED TO SETTLE ON OR ABOUT OCTOBER 14 Source text for Eikon: Further company coverage:
Freddie Mac (FMCC) recently priced a new offering of Structured Pass-Through Certificates which are backed by underlying collateral consisting of supplemental multifamily mortgages. K-J35 Pricing Related Links The K-J35 Certificates are backed by corresponding classes issued by the FREMF 2021-KJ35 Mortgage Trust and guaranteed by Freddie Mac.
FHLB Dallas and BancorpSouth Provide Partnership Grant Program Funds BancorpSouth Bank (BXS) and the Federal Home Loan Bank of Dallas awarded $78,222 in Partnership Grant Program matching-grant funding to 10 nonprofits in Arkansas, Mississippi and Louisiana.
Freddie Mac (FMCC) today announced pricing of the third Seasoned Credit Risk Transfer Trust offering of 2021?a securitization of approximately $564 million including both guaranteed senior and unguaranteed subordinate securities backed by a pool of seasoned re-performing loans.
Kroll Bond Rating Agency releases the September 2021 issue of CMBS Trend Watch. CMBS private label pricing volume ended the month of September at $12.3 billion, bringing the year-to-date issuance total to $69 billion, eclipsing the $58.4 billion in activity posted through Q3 YTD 2019, and up 75.4% year-over-year. In the spotlight feature, KBRA reviews its issuer net cash flow haircuts.
The Urban Institute and the Federal Home Loan Bank of San Francisco today launched a new research and product development initiative aimed at tackling some of the most persistent challenges to closing the racial gaps in homeownership and wealth-building.
The Federal Home Loan Bank of San Francisco announced September 30, 2021, that the 11th District Monthly Weighted Average Cost of Funds Index for August 2021 is 0.238%. The index for July 2021 was 0.263%. As previously announced, the Bank will no longer calculate the COFI after the publication of the December 2021 index on January 31, 2022, because of the significant decline in the number of fi...
Federal National Mortgage Association : * FANNIE MAE RELEASES AUGUST 2021 MONTHLY SUMMARY. * FANNIE MAE (FNMA) - CONVENTIONAL SINGLE-FAMILY SERIOUS DELINQUENCY RATE DECREASED 15 BASIS POINTS TO 1.79% IN AUGUST. * FANNIE MAE (FNMA) - MULTIFAMILY SERIOUS DELINQUENCY RATE DECREASED 4 BASIS POINTS TO 0.42% IN AUGUST Source text for Eikon: Further company coverage:
WASHINGTON, Sept. 30, 2021 ?Fannie Mae's? August 2021 Monthly Summary is now available. About Fannie MaeFannie Mae (FNMA) helps make the 30-year fixed-rate mortgage and affordable rental housing possible for millions of people in America. View original content:https://www.prnewswire.com/news-releases/fannie-mae-releases-august-2021-monthly-summary-301389215.html. SOURCE Fannie Mae.
Freddie Mac (FMCC) today announced it has priced a new issuance of $102.9 million in Social Bonds. ?The Social Bonds offering is part of our ongoing focus on affordable and workforce properties,? said Robert Koontz, the head of Capital Markets for Freddie Mac Multifamily. The transaction is a REMIC ? FHMR 2020-P011 issuance backed by a pool of Multifamily PCs contributed by an affiliate of IMPACT.
Freddie Mac (FMCC) today released the results of its Primary Mortgage Market Survey?, showing that the 30-year fixed-rate mortgage averaged 3.01 percent. ?Mortgage rates rose across all loan types this week as the 10-year U.S. Treasury yield reached its highest point since June,? said Sam Khater, Freddie Mac?s Chief Economist.
KeyBanc Capital Markets priced tax-exempt bonds that will fund more than 300 units in Clayton County, Georgia, with the help of a Fannie Mae (FNMA) finance program.
NEW YORK, Sept. 29, 2021 ?Lument has provided a $14.5 million Freddie Mac conventional loan to refinance 800-830 Empire Boulevard, a 35-unit mid-rise multifamily property in Brooklyn, New York. Kristian Molloy, associate director at Lument, led the transaction.
Foundation to Assist Nonprofits with Hurricane Ida Recovery Efforts The Federal Home Loan Bank of Dallas donated $500,000 to the Greater New Orleans Foundation to assist with its Hurricane Ida recovery efforts. This press release features multimedia.
Federal Home Loan Mortgage Corp : * FREDDIE MAC (FMCC) - TOTAL MORTGAGE PORTFOLIO INCREASED AT AN ANNUALIZED RATE OF 23.7% IN AUGUST. * FREDDIE MAC (FMCC) - FREDDIE MAC MORTGAGE-RELATED SECURITIES AND OTHER MORTGAGE-RELATED GUARANTEES INCREASED AT AN ANNUALIZED RATE OF 23.0% IN AUGUST Source text for Eikon: Further company coverage:
Freddie Mac (FMCC) today posted to its website its Monthly Volume Summary for August 2021, which provides information on Freddie Mac?s mortgage-related portfolios, securities issuance, risk management, delinquencies, debt activities, and other investments. Freddie Mac (FMCC) makes home possible for millions of families and individuals by providing mortgage capital to lenders.
WASHINGTON, Sept. 24, 2021 Fannie Mae? today announced its multifamily COVID-19 forbearance program has been extended indefinitely to provide continued support for Fannie Mae-financed multifamily property owners and renters in multifamily units experiencing financial difficulties due to COVID-19.
Freddie Mac Multifamily announced that it will continue to offer COVID-19 forbearance agreements for its Multifamily loans. Freddie Mac (FMCC) established its COVID-19 Forbearance Relief program to aid multifamily borrowers and tenants affected by the coronavirus.
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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