News Results

  1. NexPoint Residential Trust, Inc. Completes Refinancings of 18-Properties With 1 Additional Refinancing Expected to Close on December 1st; "De-risks" the Balance Sheet through Improved Cost of Capital/Extends Weighted Average Maturity to 6.3 years
    PR Newswire | 12/01/22 08:30 AM EST

    DALLAS, Dec. 1, 2022 NexPoint Residential Trust, Inc. (NXRT) announced today the closing of 18-property mortgage refinancings through KeyBank Real Estate Capital and The Federal Home Loan Mortgage Corporation. Holistically, these refinancings are expected to reduce NXRT's weighted average interest rate on total debt by 12 bps to 5.35%, before the impact of interest rate swap contracts.

  2. Fannie Mae Releases October 2022 Monthly Summary
    PR Newswire | 11/30/22 04:05 PM EST

    WASHINGTON, Nov. 30, 2022 Fannie Mae's October 2022 Monthly Summary is now available. Fannie Mae advances equitable and sustainable access to homeownership and quality, affordable rental housing for millions of people across America. Fannie Mae Newsroomhttps://www.fanniemae.com/newsroom.

  3. California REALTORS? applaud FHFA for raising Fannie Mae and Freddie Mac conforming loan limits
    PR Newswire | 11/29/22 02:00 PM EST

    LOS ANGELES, Nov. 29, 2022 The CALIFORNIA ASSOCIATION OF REALTORS? today issued the following statement in response to the Federal Housing Finance Agency's announcement to increase the 2023 conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac to $726,200 on one-unit properties and a cap of $1,089,300 in high-cost areas.

  4. FEDERAL HOME LOAN BANK OF NEW YORK ANNOUNCES RESULTS OF 2022 BOARD OF DIRECTOR ELECTIONS
    PR Newswire | 11/23/22 05:55 PM EST

    NEW YORK, Nov. 23, 2022 The Federal Home Loan Bank of New York announced today the results of the 2022 election for three positions on the FHLBNY's Board of Directors whose terms will each commence on January 1, 2023.

  5. FEDERAL HOME LOAN BANK OF CINCINNATI ANNOUNCES 2022 AFFORDABLE HOUSING PROGRAM AWARD WINNERS
    PR Newswire | 11/22/22 03:39 PM EST

    Nearly $12.1 million in Affordable Housing Program subsidy will benefit affordable housing development in Kentucky, Ohio, Tennessee and beyond CINCINNATI, Nov. 22, 2022 /PRNewswire/ -- Federal Home Loan Bank of Cincinnati President and CEO Andrew S. Howell announced the winners of 48 Affordable Housing Program grants totaling nearly $12.1 million.

  6. Fannie Mae Executes its Eleventh and Final Credit Insurance Risk Transfer Transaction of 2022 on $10.1 Billion of Single-Family Loans
    PR Newswire | 11/22/22 12:05 PM EST

    WASHINGTON, Nov. 22, 2022 Fannie Mae?announced today that it has executed its eleventh and final Credit Insurance Risk Transfer? transaction of 2022.

  7. FEDERAL HOME LOAN BANK OF NEW YORK AWARDS $25.3 MILLION FOR 30 AFFORDABLE HOUSING INITIATIVES
    PR Newswire | 11/21/22 01:33 PM EST

    -2022 round of grants will support projects that will create, rehabilitate or preserve 1,732 units- NEW YORK, Nov. 21, 2022 /PRNewswire/ -- Jos? R. Gonz?lez, president and CEO of the Federal Home Loan Bank of New York, announced that the FHLBNY has awarded $25.3 million in subsidies to fund 30 affordable housing initiatives throughout New Jersey, New York, Connecticut, Pennsylvania and Texas.

  8. Harbor Group International Completes Freddie Mac Q Series Securitization
    PR Newswire | 11/21/22 09:00 AM EST

    NORFOLK, Va., Nov. 21, 2022 ?Harbor Group International, LLC, a privately owned international real estate investment and management firm, today announced that it has completed the $153 million securitization of eight multifamily mortgage loans through Freddie Mac's Q Series Securitization program.

  9. LARRY E. THOMPSON RE-ELECTED VICE CHAIR OF THE FEDERAL HOME LOAN BANK OF NEW YORK
    PR Newswire | 11/18/22 01:44 PM EST

    NEW YORK, Nov. 18, 2022 The Federal Home Loan Bank of New York announced today that Larry E. Thompson has been re-elected by its Board of Directors to serve as the Board's vice chairman for a two-year term commencing January 1, 2023.

  10. FEDERAL HOME LOAN BANK OF NEW YORK DECLARES A 6.75% DIVIDEND FOR THE THIRD QUARTER OF 2022
    PR Newswire | 11/17/22 02:22 PM EST

    NEW YORK, Nov. 17, 2022 The Federal Home Loan Bank of New York is pleased to announce that, on November 17, 2022, its Board of Directors approved a dividend for the third quarter of 2022 of 6.75%.? The dollar amount of the dividend will be approximately $87.3 million. The cash dividend will be distributed to member financial institutions on November 18, 2022.

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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