News Results

  1. Walker & Dunlop #1 Multifamily GSE Lender in 2022
    Business Wire | 01/30/23 06:30 PM EST

    $18 Billion in Loan Deliveries Walker & Dunlop, Inc. (WD) was recognized as the largest Fannie Mae DUS? lender by volume in 2022, making it Fannie Mae?s #1 partner for the fourth consecutive year. On a combined basis, with both Fannie Mae and Freddie Mac, Walker & Dunlop (WD) delivered $18 billion of loan deliveries, making it the largest GSE lender in the country for the first time ever.

  2. Federal Home Loan Bank of Dallas Announces 2023 Appointments to the Affordable Housing Advisory Council
    Business Wire | 01/24/23 05:46 PM EST

    The Federal Home Loan Bank of Dallas is pleased to announce the appointment of David Long to its Affordable Housing Advisory Council and the reappointment of four current Advisory Council members. This press release features multimedia.

  3. Sallie Mae Declares Dividends on Preferred Stock Series B and Common Stock
    Business Wire | 01/24/23 04:30 PM EST

    Sallie Mae?, formally SLM Corporation (SLM), today announced a 2023 first-quarter dividend on its Preferred Stock Series B of $1.6090725 per share. Both preferred stock and common stock dividends will be paid on March 15, 2023, to the respective stockholders of record at the close of business on March 3, 2023.

  4. The First Bank and FHLB Dallas Provide $750K for Apartment Renovation
    Business Wire | 01/19/23 06:54 PM EST

    Affordable Housing Development to Receive Extensive Upgrades. The First Bank and the Federal Home Loan Bank of Dallas awarded a $750,000 Affordable Housing Program subsidy to Central Mississippi Housing and Development Corp. for an extensive $3.9 million renovation of the 64-unit Canton Manor, a 1980s-era affordable housing apartment complex in Canton, Mississippi.

  5. Sallie Mae to Release Fourth-Quarter and Full-Year 2022 Financial Results on Feb. 1
    Business Wire | 01/12/23 04:30 PM EST

    Webcast and Conference Call Scheduled for Thursday, Feb 2, at 8 a.m. ET Sallie Mae? will release fourth-quarter and full-year 2022 financial results after market close on Wednesday, Feb. 1, 2023. A live audio webcast and presentation slides will be available at SallieMae.com/investors and the hosting website on Thursday, Feb. 2, 2023, at 8 a.m. ET.

  6. Sagent Appoints Fannie Mae Vet and Mortgage Fintech Pacesetter Marianne Sullivan as Chief Operating Officer
    Business Wire | 01/12/23 09:12 AM EST

    Exec who made digital mortgage originations mainstream from top GSE and fintech posts will now oversee modernization of $13T mortgage servicing sector Sagent, a Warburg Pincus-backed fintech software company modernizing mortgage servicing for banks and lenders, today appointed Marianne Sullivan as Chief Operating Officer to accelerate development of the industry?s first and only cloud-native so...

  7. Sallie Mae Names Kerri Palmer Chief Operational Officer, and President of Sallie Mae Bank
    Business Wire | 01/10/23 05:10 PM EST

    Palmer?s Previous Service as the Company?s Chief Risk Officer is Expected to Further Strengthen Credit Operations Sallie Mae?, formally SLM Corporation (SLM), has named Kerri Palmer Chief Operational Officer, and President of Sallie Mae Bank.

  8. KBRA Assigns Preliminary Ratings to FREMF 2023-K153 and Freddie Mac Structured Pass-Through Certificate Series K-153
    Business Wire | 01/10/23 04:28 PM EST

    KBRA is pleased to announce the assignment of preliminary ratings to four classes of FREMF Series 2023-K153 mortgage pass-through certificates and three classes of Freddie-Mac structured pass-through certificates, Series K-153. The underlying transaction is collateralized by 43 fixed-rate multifamily mortgage loans.

  9. KBRA Assigns Preliminary Ratings to Fannie Mae?s CAS 2023-R01
    Business Wire | 01/09/23 11:47 AM EST

    KBRA assigns preliminary ratings to 62 classes from Connecticut Avenue Securities, Series 2023-R01, a credit risk sharing transaction with a total note offering of $730,749,000. The Reference Pool consists of 67,693 residential mortgage loans with an outstanding principal balance of approximately $22.6 billion as of the cut-off date.

  10. KBRA Releases Monthly CMBS Trend Watch
    Business Wire | 01/05/23 02:47 PM EST

    KBRA releases the December 2022 issue of CMBS Trend Watch. U.S. CMBS private label issuance began to slow in second-quarter 2022 following a strong start to the year, owing to higher interest rates and uncertainty regarding future Federal Reserve actions.

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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