KBRA assigns preliminary ratings to 58 classes from Connecticut Avenue Securities Trust 2025-R03, a credit risk sharing transaction with a total note offering of $619,454,000. The Reference Pool consists of 65,447 residential mortgage loans with an outstanding principal balance of approximately $23.2 billion as of the cut-off date.
Meridian Capital Group, one of the nation?s leading commercial real estate finance, investment sales, and retail leasing advisors, announced today that Fannie Mae lenders may resume requesting quotes for Meridian-brokered loans effective immediately.
Grant Fuels DC CAP?s Goal to Achieve an 80% College Graduation Rate for D.C. Students by 2050 The Sallie Mae Fund today announced a $50,000 grant to the DC College Access Program to support its annual College Signing Day celebration and its broader mission to increase higher education access and completion rates for students across the District.
Webcast Scheduled for Thursday, April 24, at 5:30 p.m. ET Sallie Mae?, formally SLM Corporation (SLM), will release first-quarter 2025 financial results after market close on Thursday, April 24, 2025. A live audio webcast and presentation slides will be available at SallieMae.com/investors and the hosting website. Investors should log in at least 15 minutes prior to the broadcast.
The Federal Home Loan Bank of Dallas is excited to announce its 2025 Community Area Revitalization Efforts Award recipient. This press release features multimedia. Each year, FHLB Dallas recognizes a member or members that support affordable housing and other community investment programs using FHLB Dallas grants and advances.
KBRA releases the March 2025 issue of CMBS Trend Watch. Amid prevailing economic and political uncertainty, U.S. CMBS private label issuance exhibited continued strength. In March, KBRA published pre-sales for eight deals including five conduits, two SBs, and one Freddie Mac. This month?s edition also highlights recent KBRA research publications that cover various topical issues.
KBRA releases research analyzing recent vintage loans in commercial real estate collateralized loan obligations. CRE CLO issuance reached $8.4 billion year-to-date through Q1 2025?nearly matching the total volume for all of last year.
Funds Will Support Education and Legal Issues. The Federal Home Loan Bank of Dallas awarded a $100,000 Heirs? Property Program grant to Project Build a Future in a ceremonial check presentation yesterday. This press release features multimedia.
27-unit Noel Place will set aside affordable apartments for special-needs residents. The Federal Home Loan Bank of Dallas and BankPlus were joined by Gulf Coast Housing Partnership, Midtown Partners Inc. and local leaders to celebrate the opening of Noel Place, a new affordable housing development in Jackson, Mississippi. This press release features multimedia.
CTBC Bank and the Los Angeles County Economic Development Corporation have announced that Federal Home Loan Bank of San Francisco is matching CTBC?s own $300,000 donation with a $50,000 matching donation for fire relief response in the Los Angeles area.
?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."
Funds Will Be Used to Educate the Tarrant County Community About Heirs? Property Issues. The Federal Home Loan Bank of Dallas, through its member TexasBank, awarded a $25,000 Heirs? Property Program grant to Opening Doors for Women in Need in Fort Worth, Texas this week. This press release features multimedia.
The Federal Home Loan Bank of Dallas today reported net income of $174.4 million for the quarter ended December 31, 2024. Total assets at December 31, 2024 were $127.7 billion, compared with $124.9 billion at September 30, 2024 and $128.3 billion at December 31, 2023.
The Federal Home Loan Bank of Pittsburgh announced today unaudited financial results for the full year and fourth quarter ended December 31, 2024. Financial Highlights: Credit Products Highlights: Community Investment Products Highlights: Statements of Income FHLBank?s net income totaled $587.5 million for the year ended December 31, 2024, compared to $581.6 million for the same prior-year period.
?Recognition spotlights ServiceMac as one of the top-rated servicers in the U.S.? ServiceMac, an innovative mortgage subservicer and a member of the First American family of companies, today announced the company has been honored as a Freddie Mac 2024 Servicer Honors and Rewards Program award winner, earning gold in the category for servicers that service between 75,000-199,999 Freddie Mac mort...
AM Best has released newly updated tables of net capital charges associated with a representative sample of transactions from Fannie Mae and Freddie Mac?s credit risk transfer programs?Freddie Mac?s Agency Credit Insurance Structure and Fannie Mae?s Credit Insurance Risk Transfer.
To support housing affordability and help more individuals and families achieve the dream of homeownership, the Federal Home Loan Bank of Chicago announces its commitment of $46 million in funding for its 2025 Downpayment Plus grant program opening today.
Funds Will Be Used for Financial Property Education, Will Planning and Legal Clinics. The Federal Home Loan Bank of Dallas, through its member Bonvenu Bank, awarded $50,000 in Heirs? Property Program grants to two organizations that support resolving heirs? property issues in the Baton Rouge, Louisiana, area. This press release features multimedia.
Funds Will Be Used for Financial Property Education. The Federal Home Loan Bank of Dallas, through its member Bonvenu Bank, awarded a $25,000 Heirs? Property Program grant to the Fuller Center for Housing of Northwest Louisiana during a ceremonial check presentation this week. This press release features multimedia.
Funds Will Be Used to Resolve Heirs? Property Issues and Support Local Entrepreneurs. The Federal Home Loan Bank of Dallas, through its member Hancock Whitney, awarded $75,000 in Heirs? Property Program grants to Louisiana Appleseed, Desire Community Housing Corporation and Divine Touch Community Development Center at a ceremonial check presentation. This press release features multimedia.
Net income of $620 million, with $168 million in contributions to support affordable housing and community investment The Federal Home Loan Bank of Chicago today announced its preliminary and unaudited financial results for 2024. FHLBank Chicago expects to report net income of $620 million for 2024 when it files the Form 10-K with the Securities and Exchange Commission next month.
KBRA is pleased to announce the assignment of preliminary ratings to four classes of FREMF Series 2025-K759 mortgage pass-through certificates and three classes of Freddie-Mac structured pass-through certificates, Series K-759. The underlying transaction is collateralized by 24 fixed-rate multifamily mortgage loans.
KBRA assigns preliminary ratings to 24 classes from Freddie Mac Structured Agency Credit Risk REMIC 2025-HQA1 Notes, Freddie Mac STACR REMIC Trust 2025-HQA1, a credit risk sharing transaction with a total note offering of $620,000,000.
KBRA releases the January 2025 issue of CMBS Trend Watch. Following on the heels of a strong 2024 issuance year, January continued to exhibit strength, with year-over-year private label CMBS issuance increasing 38.1%. This was despite the benchmark rate increasing, while credit spreads remained stable relative to year-end.
Sallie Mae?, formally SLM Corporation (SLM), today announced Chief Financial Officer Pete Graham will speak at the Bank of America Securities 2025 Financial Services Conference on Wednesday, Feb. 12, at 12:10 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.
Sallie Mae?, formally SLM Corporation (SLM), today announced Chief Financial Officer Pete Graham will speak at the 2025 UBS Financial Services Conference on Monday, Feb. 10, at 12:10 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. Category: Corporate and Financial.
The Federal Home Loan Bank of Dallas has allocated $1 million for its Housing Assistance for Veterans program ? up from $300,000 in 2024 ? and has expanded the criteria to serve more veterans and service members. HAVEN is open to active service members, veterans, reservists and National Guard members who suffered a service-related disability and is also available to Gold Star Families.
The Federal Home Loan Bank of Dallas is pleased to announce the appointment of Bobby Wilkinson, executive director of the Texas Department of Housing and Community Affairs, to the FHLB Dallas Affordable Housing Advisory Council. This press release features multimedia. ?It is such an honor to be appointed to the FHLB Dallas Affordable Housing Advisory Council.
The Federal Home Loan Bank of Dallas is pleased to announce the appointment of Daniel Boggs to the FHLB Dallas Affordable Housing Advisory Council, representing the state of Mississippi. This press release features multimedia.
The Federal Home Loan Bank of Dallas is pleased to announce the appointment of tribal housing veteran Isaac Perez to the FHLB Dallas Affordable Housing Advisory Council. This press release features multimedia. Mr. Perez has been appointed to the Advisory Council?s newly created tribal housing position.
Funds Will Be Used to Protect Vulnerable Communities from Displacement. The Federal Home Loan Bank of Dallas, through its member Woodforest National Bank?, awarded a $100,000 Heirs? Property Program grant to the Mexican American Unity Council in San Antonio, Texas. This press release features multimedia.
The Federal Home Loan Bank of Dallas is pleased to announce the appointment of three new members to its Affordable Housing Advisory Council and two reappointments. This press release features multimedia.
Sallie Mae, formally SLM Corporation (SLM), today released fourth-quarter and full-year 2024 financial results. This press release features multimedia. Sallie Mae will host an earnings conference call today, Jan. 23, 2025, at 5:30 p.m. ET. A replay of the webcast will be available via the company?s investor website approximately two hours after the call?s conclusion.
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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