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.
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.