AHP Funds Will Offset Costs to Build Two Austin Apartments. The Federal Home Loan Bank of Dallas and Wells Fargo awarded $1.5 million via two Affordable Housing Program subsidies for affordable rental developments in the works in Austin, Texas. This press release features multimedia.
The Federal Home Loan Bank of Dallas is pleased to announce the appointment of four new members of its Affordable Housing Advisory Council and one reappointment.
KBRA assigns preliminary ratings to 34 classes from Freddie Mac Structured Agency Credit Risk REMIC 2022 DNA1 Notes, Freddie Mac STACR REMIC Trust 2022-DNA1, a credit risk sharing transaction with a total note offering of $1,353,000,000.
Webcast and Conference Call Scheduled for Thursday, Jan. 27, at 8 a.m. ET Sallie Mae? will release fourth-quarter and full-year 2021 financial results after market close on Wednesday, Jan. 26, 2022. A live audio webcast and presentation slides will be available at SallieMae.com/investors and the hosting website on Thursday, Jan. 27, 2022, at 8 a.m. ET.
KBRA is pleased to announce the assignment of preliminary ratings to four classes of FREMF Series 2022-K137 mortgage pass-through certificates and three classes of Freddie-Mac structured pass-through certificates, Series K-137. The underlying transaction is collateralized by 42 fixed-rate multifamily mortgage loans.
KBRA assigns preliminary ratings to 65 classes from Connecticut Avenue Securities, Series 2022-R01, a credit risk sharing transaction with a total note offering of $1,506,261,000. The Reference Pool consists of 180,002 residential mortgage loans with an outstanding principal balance of approximately $53.7 billion as of the cut-off date.
KBRA releases the December 2021 issue of CMBS Trend Watch. CMBS private label pricing volume totaled $6.5 billion for December, bringing total issuance in 2021 to $110 billion. In December, KBRA published pre-sales for six deals including three conduits, one SB transaction, one single-family rental, and one small balance commercial.
Woodforest National Bank and FHLB Dallas Disburse More Than $49,000. Woodforest National Bank? and the Federal Home Loan Bank of Dallas worked together to disburse more than $49,000 in Special Needs Assistance Program funding to nine homeowners in the Beaumont-Port Arthur area of Texas and a 10th in Ellis County south of Dallas, Texas, to make home repairs. This press release features multimedia.
Fifth District Savings Bank and FHLB Dallas Provide Funds to Ozanam Inn Fifth District Savings Bank and the Federal Home Loan Bank of Dallas awarded a $750,000 Affordable Housing Program subsidy to Ozanam Inn, which is wrapping up a retrofit at its new location. This press release features multimedia.
Grants to Hispanic Association of Colleges and Universities and Point Foundation Part of Multi-Year Commitment to Promote Diversity and Advance Social Justice The Sallie Mae Fund, the charitable arm of Sallie Mae?, today announced grants of $125,000 each to Hispanic Association of Colleges and Universities and Point Foundation.
Bonaventure, an integrated investment asset manager focused on the development, construction, and property management of innovative lifestyle multifamily communities in the MidAtlantic and Southeastern regions announced today the acquisition of two luxury apartment communities in Virginia, Messenger Place and Magnolia Run. The two properties were acquired in separate off-market transactions.
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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