?ServiceMac named one of the top-rated servicers in the U.S. for second year in a row? ServiceMac, a leading innovator in mortgage subservicing and a member of the First American family of companies, today announced the company earned Fannie Mae?s 2024 Servicer Total Achievement and Rewards? Performer award in both the General Servicing and Solution Delivery categories.
First State Bank of Abernathy, Texas, used Federal Home Loan Bank of Dallas Economic Development Program advances to aid three struggling West Texas hospitals. This press release features multimedia.
The Federal Home Loan Bank of Dallas, through its member Texas Capital Bank awarded a $100,000 Heirs? Property Program grant to the Local Initiatives Support Corporation Houston in Houston, Texas, in a ceremonial check presentation today. This press release features multimedia.
Forty Scholarships Worth Up to $400,000 Available for High School Seniors and Up to $100,000 Scholarships Offered to Graduate Students The Sallie Mae Fund, in partnership with Thurgood Marshall College Fund, is now accepting applications for its 2025-26 Bridging the Dream Scholarship Program. This press release features multimedia.
60-Unit Community Will Provide Secure Housing and Services for Vulnerable Groups. A $1.98 million Affordable Housing Program grant from the Federal Home Loan Bank of Dallas, through member Texas Capital Bank will help fund a 60-unit supportive housing community for the housing-fragile population in Austin, Texas. This press release features multimedia.
Federal Home Loan Bank of San Francisco Matches with an Additional $30,000, Strengthening Local Housing Initiatives. First Foundation Bank has awarded Neighborhood Housing Services of the Inland Empire a $10,000 grant to support its Black Homeownership Program.
Funds Will Be Used to Educate Low-Income Homebuyers. Representatives from the Federal Home Loan Bank of Dallas, Cadence Bank (CADE) and Citizens National Bank awarded $9,000 in Partnership Grant Program funds to Housing Economic Resources & Education in a ceremonial check presentation today in Hattiesburg, Mississippi. This press release features multimedia.
Newrez LLC, a leading nationwide mortgage lender and servicer is proud to announce that for the second year in a row, it has earned Fannie Mae?s Servicer Total Achievement and Rewards? performer recognition for the 2024 STAR Program year in the categories of General Servicing and Timeline Management. This press release features multimedia.
KBRA releases the February 2025 issue of CMBS Trend Watch. The appetite for U.S. private label CMBS issuance remained strong in February as 17 deals priced for a total volume of $18.3 billion, more than doubling January?s issuance of $7.9 billion. In February, KBRA published pre-sales for 11 deals including five conduits, four SB, and two Agency.
Funds Will Be Used for Heirs? Property Education. The Federal Home Loan Bank of Dallas awarded $145,080 in Heirs? Property Program grants to Southeast Louisiana Legal Services, East St. Tammany Habitat for Humanity and the United Way of Southeast Louisiana at a ceremonial check presentation recently. This press release features multimedia.
KBRA is pleased to announce the assignment of preliminary ratings to four classes of FREMF Series 2025-K760 mortgage pass-through certificates and three classes of Freddie-Mac structured pass-through certificates, Series K-760. The underlying transaction is collateralized by 24 fixed-rate multifamily mortgage loans.
KBRA assigns preliminary ratings to 63 classes from Connecticut Avenue Securities Trust 2025-R02, a credit risk sharing transaction with a total note offering of $710,598,000. The Reference Pool consists of 49,051 residential mortgage loans with an outstanding principal balance of approximately $17.0 billion as of the cut-off date.
Sallie Mae, formally SLM Corporation (SLM), today announced its 2025 annual meeting of stockholders will take place on June 17, 2025, at 1 p.m. ET. Additional details will be included in the company?s proxy statement to be filed with the Securities and Exchange Commission in late April. Sallie Mae believes education and life-long learning, in all forms, help people achieve great things.
Funds Will Assist Low-Income Families With Title Issues. The Federal Home Loan Bank of Dallas awarded a $100,000 Heirs? Property Program grant to Acadiana Legal Service Corporation in a ceremonial check presentation yesterday. This press release features multimedia.
Sallie Mae?, formally SLM Corporation (SLM), today announced Chief Executive Officer Jon Witter will speak at the 2025 RBC Capital Markets Global Financial Institutions Conference on Tuesday, March 4, at 9:20 a.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.
Funds Will Be Used to Resolve Heirs? Property Issues. The Federal Home Loan Bank of Dallas, through its member Community Bank, awarded a $100,000 Heirs? Property Program grant to North Mississippi Rural Legal Services in a ceremonial check presentation. This press release features multimedia. North Mississippi was hard hit from a March 24, 2023, EF-4 tornado.
KBRA is pleased to announce the assignment of preliminary ratings to four classes of FREMF Series 2025-K169 mortgage pass-through certificates and three classes of Freddie-Mac structured pass-through certificates, Series K-169. The underlying transaction is collateralized by 59 fixed-rate multifamily mortgage loans.
Gateway Mortgage, a division of Gateway First Bank, is proud to announce that Fannie Mae recognized Gateway for their STAR achievement in the General Servicing category for the 2024 calendar year. The Servicer Total Achievement and Rewards? Program is based on a continuous improvement model designed to consistently "raise the bar."
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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