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.

  4. Consumer Sentiment Toward Housing at Lowest Level in Decade
    PR Newswire | 08/08/22 08:30 AM EDT

    Latest HPSI Reading Shows Consumers Increasingly Concerned by Both Homebuying and Home-Selling Conditions WASHINGTON, Aug. 8, 2022 /PRNewswire/ -- The Fannie Mae Home Purchase Sentiment Index? decreased 2.0 points in July to 62.8, its lowest level since 2011 and well below the all-time high set in 2019.

  5. Survey: Most Teens Aspire to Own a Home Someday but Report Significant Financial and Homeownership Knowledge Gaps
    PR Newswire | 08/03/22 10:02 AM EDT

    Junior Achievement and Fannie Mae Youth Homeownership Survey Shows Teens Interested in Programs That Teach How Mortgages and Homeownership Work COLORADO SPRINGS, Colo. While nearly all teens believe credit scores plays an important role in the ability to purchase a home, approximately three in four said they understood credit scores only "somewhat," "a little," or "not at all."

  6. Fannie Mae Prices $626 Million Connecticut Avenue Securities (CAS) REMIC Deal
    PR Newswire | 08/02/22 09:30 AM EDT

    WASHINGTON, Aug. 2, 2022 Fannie Mae priced Connecticut Avenue Securities? Series 2022-R08, an approximately $626 million note offering that represents Fannie Mae's eighth CAS REMIC? transaction of the year. The reference pool for CAS Series 2022-R08 consists of approximately 68,000 single-family mortgage loans with an outstanding unpaid principal balance of approximately $20.4 billion.

  7. Walker & Dunlop Grows HUD Production Team with Addition of Senior Director, Brett Murphy
    PR Newswire | 08/01/22 06:30 PM EDT

    BETHESDA, Md., Aug. 1, 2022 Walker & Dunlop, Inc. (WD) announced today that it has expanded its HUD Production team in Chicago with the addition of Brett Murphy. Mr. Murphy will be responsible for growing the FHA seniors housing business utilizing the power of Walker & Dunlop's (WD) platform across HUD, GSE, bridge, and investment sales.

  8. Fannie Mae Announces Results of Recent Reperforming Loan Sale
    PR Newswire | 08/01/22 10:00 AM EDT

    WASHINGTON, Aug. 1, 2022 Fannie Mae today announced the results of a recent reperforming loan sale. The loan pool awarded in this most recent transaction includes: The approximate weighted average bid, as a percentage of UPB, was in the low 90s for this pool.

  9. Fannie Mae Releases June 2022 Monthly Summary
    PR Newswire | 07/29/22 04:05 PM EDT

    WASHINGTON, July 29, 2022 Fannie Mae's ?June 2022 Monthly Summary is now available. About Fannie Mae Fannie Mae advances equitable and sustainable access to homeownership and quality, affordable rental housing for millions of people across America. Fannie Mae Newsroom?

  10. Fannie Mae Reports Net Income of $4.7 Billion for Second Quarter 2022
    PR Newswire | 07/29/22 07:34 AM EDT

    WASHINGTON, July 29, 2022 Fannie Mae today reported its second quarter 2022 financial results and filed its second quarter 2022 Form 10-Q with the Securities and Exchange Commission. Fannie Mae will host a conference call to discuss the company's results today at 8:00 a.m., ET. Participants may join the conference call in listen-only mode via the webcast link below.

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.