News Results

  1. Fannie Mae Multifamily Closes 2021 With Volume of Nearly $70 Billion
    PR Newswire | 01/13/22 11:03 AM EST

    WASHINGTON, Jan. 13, 2022 ?Fannie Mae (FNMA) provided nearly $70 billion in financing to support the multifamily market in 2021, and funding of multifamily affordable housing rose more than 23 percent last year to the highest volume in the history of its 33-year-old Delegated Underwriting and Servicing program.

  2. Fannie Mae Launches Free Online Education Course, Empowering Aspiring Homebuyers to Become Confident, Successful Homeowners
    PR Newswire | 01/12/22 09:00 AM EST

    WASHINGTON, Jan. 12, 2022 Fannie Mae (FNMA) today announced the launch of HomeView?, the company's new online homeownership education course, to help consumers navigate the mortgage and homebuying process confidently and responsibly.

  3. Fannie Mae Prices $1.5 Billion Connecticut Avenue Securities (CAS) REMIC Deal
    PR Newswire | 01/11/22 12:30 PM EST

    WASHINGTON, Jan. 11, 2022 ?Fannie Mae (FNMA) priced Connecticut Avenue Securities? Series 2022-R01, an approximately $1.5 billion note offering that represents Fannie Mae's (FNMA) first CAS REMIC? transaction of the year. The reference pool for CAS Series 2022-R01 consists of approximately 180,000 single-family mortgage loans with an outstanding unpaid principal balance of nearly $54?billion.

  4. Lument Provides $15.1 Million Fannie Mae Loan to Facilitate Reverse 1031 Exchange Acquisition of Multifamily Community in North Carolina
    PR Newswire | 01/11/22 09:00 AM EST

    NEW YORK, Jan. 11, 2022 Lument has provided a $15.1 million Fannie Mae conventional multifamily loan to facilitate the acquisition of Sommerset Place Apartments, a 144-unit multifamily community built in 1983 and located in Raleigh, North Carolina. James Kelly, a director in Lument's Atlanta office, led the transaction.

  5. FEDERAL HOME LOAN BANK OF CINCINNATI ANNOUNCES RESULTS OF DIRECTOR ELECTIONS
    PR Newswire | 01/10/22 04:02 PM EST

    CINCINNATI, Jan. 10, 2022 ?The Federal Home Loan Bank of Cincinnati's Board of Directors announced the results of the FHLB's 2021 director elections. Elected to the Board as Kentucky Member directors are J. Wade Berry and incumbent Greg W. Caudill.

  6. Lument Provides $48.8 Million Freddie Mac Refinance for Multifamily Community in Florida
    PR Newswire | 01/10/22 09:00 AM EST

    NEW YORK, Jan. 10, 2022 ?Lument has provided a $48.8 million Freddie Mac conventional loan to refinance Sanctuary at 331, a 264-unit luxury multifamily community in Santa Rosa Beach, Florida. Lument Managing Director Steve Beltran led the transaction. "We were pleased to work with Freddie Mac to refinance this property on Florida's economically vibrant Emerald Coast," said Beltran.

  7. Lument Provides $9.4 Million Freddie Mac Loan to Refinance a Multifamily Property in Oregon
    PR Newswire | 01/07/22 09:00 AM EST

    NEW YORK, Jan. 7, 2022 ?Lument recently provided a $9.4 million Freddie Mac conventional multifamily loan to refinance The Stratford Apartments in Beaverton, Oregon. The apartment community is a six-building, 65-unit garden-style complex managed by Princeton Property Management, Inc., which manages 60 properties and more than 3,000 units in the Portland metropolitan area.

  8. Softening HPSI May Portend Slower Housing Market in 2022
    PR Newswire | 01/07/22 08:30 AM EST

    WASHINGTON, Jan. 7, 2022 The Fannie Mae Home Purchase Sentiment Index? decreased 0.5 points to 74.2 in December, as consumers continued to report substantially divergent views of homebuying and home-selling conditions.

  9. loanDepot brings servicing for Ginnie Mae loans in-house
    PR Newswire | 01/03/22 06:47 PM EST

    FOOTHILL RANCH, Calif. Ginnie Mae loans in-house is important for loanDepot, because it enables us to provide the best-in-class care and service that our customers have come to expect ? from initial consultation through servicing for the life of their loans," said loanDepot Executive Vice President of Servicing and Capital Market Operations, Dan Binowitz.

  10. Fannie Mae Releases November 2021 Monthly Summary
    PR Newswire | 12/30/21 04:05 PM EST

    WASHINGTON, Dec. 30, 2021 ?Fannie Mae's November 2021 Monthly Summary is now available. About Fannie MaeFannie Mae (FNMA) helps make the 30-year fixed-rate mortgage and affordable rental housing possible for millions of people in America. Fannie Mae Newsroomhttps://www.fanniemae.com/newsroom.

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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