News Results

  1. Federal Home Loan Bank of Dallas Commits $79.4 Million to Affordable Housing Program ? $50 Million More Than 2023 Commitment
    Business Wire | 02/29/24 05:19 PM EST

    Funds Are Used for Housing to Revitalize Communities. This year, the Federal Home Loan Bank of Dallas is offering $79.4 million in grants through its Affordable Housing Program General Fund ? more than $50 million than was allocated in 2023. This press release features multimedia.

  2. KBRA Assigns Ratings to PNMAC GMSR ISSUER TRUST MSR COLLATERALIZED NOTES, Series 2024-GT1
    Business Wire | 02/29/24 04:51 PM EST

    KBRA assigns ratings of ?BBB? to the Series 2024-GT1 Term Notes from PNMAC GMSR ISSUER TRUST, PennyMac Loan Services, LLC?s master trust issuer of notes backed by participation certificates evidencing participation interest in mortgage servicing rights on loans underlying Ginnie Mae guaranteed mortgage backed securities.

  3. Regan Capital Launches the Regan Floating Rate MBS ETF (NYSE: MBSF)
    Business Wire | 02/28/24 09:00 AM EST

    Veteran asset-backed securities trader Skyler Weinand launches MBSF, an actively managed exchange-traded fund that invests in floating rate Residential Mortgage-Backed Securities Regan Capital, an investment firm with $1.3 billion in assets under management, today announced the launch of the Regan Floating Rate MBS ETF (MBSF), an actively managed exchange-traded fund that invests primarily in floating...

  4. Newrez Sweeps 2023 STAR Awards from Fannie Mae
    Business Wire | 02/26/24 12:26 PM EST

    Newrez LLC, a leading nationwide mortgage lender and servicer, is proud to announce it has won three prestigious Fannie Mae STAR Awards for 2023 ? General Servicing, Solution Delivery, and Timeline Management.

  5. Federal Home Loan Bank of Dallas Donates $220K to Two Dallas Elementary Schools
    Business Wire | 02/26/24 09:10 AM EST

    Funds For Teacher Incentives, Technology Upgrades and Supplies. The Federal Home Loan Bank of Dallas has donated $220,000 to two elementary schools in the Dallas Independent School District ? $110,000 each to Annie Webb Blanton Elementary in the Pleasant Grove area of Dallas, Texas, and Umphrey Lee Elementary School in the South Oak Cliff area. This press release features multimedia.

  6. KBRA Assigns Preliminary Ratings to PNMAC GMSR ISSUER TRUST MSR COLLATERALIZED NOTES, Series 2024-GT1
    Business Wire | 02/23/24 01:07 PM EST

    KBRA assigns ratings of ?BBB? to the Series 2024-GT1 Term Notes from PNMAC GMSR ISSUER TRUST, PennyMac Loan Services, LLC?s master trust issuer of notes backed by participation certificates evidencing participation interest in mortgage servicing rights on loans underlying Ginnie Mae guaranteed mortgage backed securities.

  7. Federal Home Loan Bank of Dallas and First Federal Bank of Louisiana Award $75K Grant to Help Homeowners with Property Ownership Issues
    Business Wire | 02/22/24 03:23 PM EST

    Funds to Support Clients With Legal Assistance and Consumer Education. The Federal Home Loan Bank of Dallas has awarded a $75,000 Heirs? Property Program grant to Project Build a Future. This press release features multimedia. In 2023, FHLB Dallas awarded $905,200 which will assist more than 900 residents resolve an estimated 442 titles.

  8. Heirs? Property Grant of $75K Awarded by Federal Home Loan Bank of Dallas and Broadway Bank
    Business Wire | 02/22/24 02:18 PM EST

    Funds to Help Prevent or Remediate Property Title Issues. The Federal Home Loan Bank of Dallas awarded $75,000 in Heirs? Property Program grants to the Mexican American Unity Council through its member Broadway Bank. This press release features multimedia.

  9. FHLBank Pittsburgh Announces Full Year and Fourth Quarter 2023 Operating Highlights
    Business Wire | 02/22/24 11:13 AM EST

    The Federal Home Loan Bank of Pittsburgh announced today unaudited financial results for the full year and fourth quarter ended December 31, 2023. Financial Highlights: Credit Products Highlights: Community Investment Products Highlights: Statements of Income FHLBank's net income totaled $581.6 million for the year ended December 31, 2023, compared to $227.1 million for the same prior-year period.

  10. Sallie Mae CFO to Speak at 2024 RBC Capital Markets Global Financial Institutions Conference
    Business Wire | 02/21/24 04:30 PM EST

    Sallie Mae?, formally SLM Corporation (SLM), today announced Chief Financial Officer Pete Graham will speak at the 2024 RBC Capital Markets Global Financial Institutions Conference on Wednesday, March 6, at 3:20 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.

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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