News Results

  1. Federal Home Loan Bank of Chicago Supports Small Businesses Through New Community First? Accelerate Grants and Increased Investment in 0% Advances
    PR Newswire | 09:00 AM EDT

    CHICAGO, Aug. 16, 2022 The Federal Home Loan Bank of Chicago today announced two programs focused on supporting small business in Illinois and Wisconsin. The new Community First Accelerate Grants for Small Business and Community Small Business Advance recognize that local businesses drive growth and economic investment in rural, urban, and small town communities.

  2. Fannie Mae Announces Twenty-Seventh Sale of Reperforming Loans
    PR Newswire | 08/11/22 10:00 AM EDT

    WASHINGTON, Aug. 11, 2022 Fannie Mae?today began marketing its twenty-seventh sale of reperforming loans as part of the company's ongoing effort to reduce the size of its retained mortgage portfolio. The sale consists of approximately 6,130 loans, having an unpaid principal balance of approximately $997 million, and is available for purchase by qualified bidders.

  3. Fannie Mae Appoints Cissy Yang Chief Audit Executive
    PR Newswire | 08/10/22 10:07 AM EDT

    Experienced Financial Services Executive Will Lead Fannie Mae's Audit Strategy WASHINGTON, Aug. 10, 2022 Fannie Mae?today announced it has appointed Cissy Yang as Senior Vice President and Chief Audit Executive, effective September 12.

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.