News Results

    PR Newswire | 11/30/23 05:50 PM EST

    Lameier, Welty, Diaz and Stivers elected to four-year terms; Rogers rejoins Board;Vance re-elected vice chair CINCINNATI, Nov. 30, 2023 /PRNewswire/ -- The Federal Home Loan Bank of Cincinnati's Board of Directors announced the results of the FHLB's 2023 director elections.

  2. Fannie Mae Receives 'Equality 100 Award' from Human Rights Campaign Foundation
    PR Newswire | 11/30/23 09:56 AM EST

    Company Scores 100 on 2023-2024 Corporate Equality Index for Ninth Consecutive Year WASHINGTON, Nov. 30, 2023 Fannie Mae?today announced it has been recognized with the Equality 100 Award: Leader in LGBTQ+ Workplace Inclusion from the Human Rights Campaign Foundation, receiving a score of 100 on its 2023-2024 Corporate Equality Index for the ninth consecutive year.

  3. Fannie Mae Releases October 2023 Monthly Summary
    PR Newswire | 11/29/23 04:05 PM EST

    WASHINGTON, Nov. 29, 2023 Fannie Mae's October 2023 Monthly Summary is now available. About Fannie MaeFannie Mae advances equitable and sustainable access to homeownership and quality, affordable rental housing for millions of people across America. Fannie Mae Newsroom

    PR Newswire | 11/27/23 05:23 PM EST

    NEW YORK, Nov. 27, 2023 The Federal Home Loan Bank of New York announced today the results of the 2023 election for four positions on the FHLBNY's Board of Directors whose terms will each commence on January 1, 2024. The terms of all the positions will run for four years, expiring on December 31, 2027.

  5. Economy Expected to Slow in 2024, Rebound in 2025
    PR Newswire | 11/21/23 04:00 PM EST

    Home Sales Likely to Weaken in Near Term but Bottom Out Early Next Year WASHINGTON, Nov. 21, 2023 Economic growth remains likely to decelerate and ultimately result in a mild recession in 2024, followed by a return to growth in 2025, according to the November 2023 commentary from the Fannie Mae Economic and Strategic Research Group.

  6. Fannie Mae Announces Winner of Twenty-Second Community Impact Pool of Non-Performing Loans
    PR Newswire | 11/21/23 10:00 AM EST

    WASHINGTON, Nov. 21, 2023 Fannie Mae?today announced the winning bidder for its twenty-second Community Impact Pool of non-performing loans. The CIP awarded in this most recent transaction includes 61 loans with an aggregate UPB of $18,404,738; average loan size of $301,717; and weighted average note rate of 5.75%. The cover bid, which was the second highest bid, for the CIP was 82.12% of UPB.

  7. Fannie Mae Executes its Final Credit Insurance Risk Transfer Transaction of 2023 on $11.5 Billion of Single-Family Loans
    PR Newswire | 11/20/23 11:00 AM EST

    WASHINGTON, Nov. 20, 2023 Fannie Mae announced today that it has executed its ninth and final Credit Insurance Risk Transfer? transaction of 2023. "We appreciate the continued support of the 21 insurers and reinsurers that have committed to write coverage for this deal," said Rob Schaefer, Fannie Mae Vice President, Capital Markets.

  8. CREFC's Annual D.C. Symposium Returns on November 28, 2023
    PR Newswire | 11/20/23 11:00 AM EST

    Featuring Federal Housing Finance Agency Director Sandra L. Thompson NEW YORK, Nov. 20, 2023 /PRNewswire/ -- The?CRE Finance Council, the trade association that exclusively represents the $5.9 trillion commercial and multifamily real estate finance industry, is happy to announce that its Annual D.C. Symposium returns on November 28, 2023.

  9. Fannie Mae Prices Third Multifamily Connecticut Avenue Securities Deal
    PR Newswire | 11/20/23 10:00 AM EST

    Fannie Mae Returns to Market with $595 Million Transaction, Complementing Other Multifamily Credit Risk Sharing Programs WASHINGTON, Nov. 20, 2023 /PRNewswire/ -- Fannie Mae?priced its third Multifamily Connecticut Avenue Securities?? transaction, MCAS Series 2023-01, a $595 million note offering.

  10. Fannie Mae Prices $609 Million Connecticut Avenue Securities (CAS) REMIC Deal
    PR Newswire | 11/17/23 11:00 AM EST

    WASHINGTON, Nov. 17, 2023 Fannie Mae priced Connecticut Avenue Securities? Series 2023-R08, an approximately $609 million note offering that represents Fannie Mae's eighth CAS REMIC? transaction of the year. "Our final deal of 2023 was met with very strong demand, including new investor interest," said Kathleen Pagliaro, Fannie Mae Vice President, Credit Risk Transfer.

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.