News Results

  1. Lument Closes $43.2 Million Fannie Mae Refinance for Multifamily Community in Indiana
    PR Newswire | 01/24/22 01:15 PM EST

    NEW YORK, Jan. 24, 2022 ?Lument has provided a Fannie Mae conventional loan in the amount of $43.2 million to refinance Gardens of Canal Court, a 421-unit garden-style apartment community in Indianapolis, Indiana. Lument's James Kress and Jim Croft led the transaction.

  2. Fannie Mae Priced $1 Billion Multifamily DUS REMIC (FNA 2022-M1) Under Its GeMS Program
    PR Newswire | 01/24/22 12:30 PM EST

    WASHINGTON, Jan. 24, 2022 Fannie Mae priced a $1 billion Multifamily DUS? REMIC under its Fannie Mae Guaranteed Multifamily Structures program on January 19, 2022. FNA 2022-M1 marks the first Fannie Mae GeMS issuance of 2022.

  3. The Economy and Housing to Turn Toward 'New Normal' in 2022
    PR Newswire | 01/19/22 08:30 AM EST

    WASHINGTON, Jan. 19, 2022 ?The housing market and larger economy are expected to enter a "new normal" in 2022 as the unprecedented market disturbances and policy responses stemming from the COVID-19 pandemic subside, according to the January 2022 commentary from the Fannie Mae? Economic and Strategic Research Group.

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.