News Results

  1. Application Window Now Open for The Sallie Mae Fund?s Completing the Dream Scholarship Program
    Business Wire | 02:00 PM EDT

    The Sallie Mae Fund, in Partnership with Thurgood Marshall College Fund, to Provide up to $650,000 in Scholarships for AY2022-23 Scholarships Designed to Remove Financial Obstacles to College Completion for Students From Historically Underserved Communities NEWARK, Del. This press release features multimedia.

  2. KBRA Assigns Preliminary Ratings to Fannie Mae?s CAS 2022-R07
    Business Wire | 06/23/22 01:02 PM EDT

    KBRA assigns preliminary ratings to 65 classes from Connecticut Avenue Securities, Series 2022-R07, a credit risk sharing transaction with a total note offering of $$866,110,000. The Reference Pool consists of 101,170 residential mortgage loans with an outstanding principal balance of approximately $30.6 billion as of the cut-off date.

  3. KBRA Assigns Preliminary Ratings to FREMF 2022-K146 and Freddie Mac Structured Pass-Through Certificate Series K-146
    Business Wire | 06/21/22 05:22 PM EDT

    KBRA is pleased to announce the assignment of preliminary ratings to four classes of FREMF Series 2022-K146 mortgage pass-through certificates and three classes of Freddie-Mac structured pass-through certificates, Series K-146. The underlying transaction is collateralized by 43 fixed-rate multifamily mortgage loans. Click here to view the report.

  4. Lamar National Bank and FHLB Dallas Provide Financing to Capriotti?s Franchisee
    Business Wire | 06/21/22 11:57 AM EDT

    $100K Small Business Boost Loan Filled Financing Gap for McKinney Restaurant. A Small Business Boost loan from Lamar National Bank and the Federal Home Loan Bank of Dallas helped fund the opening of the first Capriotti?s sandwich shop in McKinney, Texas. This press release features multimedia.

  5. KBRA Affirms All Ratings for FREMF 2019-K94
    Business Wire | 06/17/22 10:50 AM EDT

    KBRA affirms all of its outstanding ratings for FREMF 2019-K94, a $1.3 billion CMBS multi-borrower transaction. As of the May 2022 remittance period, there are no delinquent, specially serviced, or loans which have been identified as K-LOCs; however, seven loans appear on the master servicer?s watchlist.

  6. New Research Report From Sallie Mae and Ipsos Examines Obstacles to College Completion
    Business Wire | 06/15/22 11:01 AM EDT

    ?How America Completes College? Shows Change in Focus, Motivation, or Life Change, Financial Concerns, and Mental Health Challenges Are Top Reasons Students Leave College Before Graduating Students who attended college but did not complete are more likely to be first-generation college students, those from diverse backgrounds, and from lower-income households, according to ?How America Complete...

  7. Union Home Mortgage Named Home Possible RISE Awards Winner by Freddie Mac
    Business Wire | 06/14/22 10:00 AM EDT

    Company was recognized for volume of mortgages originated for low-income borrowers Union Home Mortgage, a high-growth independent mortgage banking company with a world-class culture, announced today that Freddie Mac has named the company a 2022 Home Possible RISE Awards winner in the category of Greatest Volume.

  8. Experian becomes authorized report supplier of income and employment verification through Fannie Mae?s Desktop Underwriter (DU) validation service
    Business Wire | 06/14/22 06:00 AM EDT

    Recognition allows mortgage lenders to validate borrower income and employment information instantly through Experian Verify with Day 1 Certainty from Fannie Mae Experian (EXPGF) ? today announced it is now an authorized report supplier of income and employment verification through Fannie Mae?s Desktop Underwriter ? validation service.

  9. Vesta Launches Integration with Freddie Mac Loan Product Advisor?
    Business Wire | 06/08/22 09:30 AM EDT

    Modern, open and fully configurable LOS allows lenders to access end-to-end automation and process optimization through integration with Loan Product Advisor.

  10. KBRA Releases Monthly CMBS Trend Watch
    Business Wire | 06/03/22 04:00 PM EDT

    KBRA releases the May 2022 issue of CMBS Trend Watch. Although CMBS private label issuance is up 41% year-over-year, activity has meaningfully slowed due to various headwinds. In May, KBRA published pre-sales for two conduit deals. The month?s edition also highlights recent KBRA research publications that may be of interest. Click here to view the report.

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.