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.

  4. Fannie Mae Connecticut Avenue Securities Receive Additional Fitch Ratings
    PR Newswire | 01/18/22 02:30 PM EST

    WASHINGTON, Jan. 18, 2022 ?Fannie Mae? sought and received additional ratings for a number of previously unrated Connecticut Avenue Securities? notes as part of its ongoing effort to bring increased transparency and liquidity to these securities.

  5. Lument Provides $25.1 Million in Fannie Mae Financing for Portfolio of Colorado Affordable Communities
    PR Newswire | 01/18/22 08:30 AM EST

    NEW YORK, Jan. 18, 2022 ?Lument has announced the closing of five Fannie Mae conventional multifamily housing loans totaling $25.1 million to refinance five affordable housing communities within the Denver and Colorado Springs metropolitan areas.

  6. Fannie Mae Multifamily Closes 2021 With Volume of Nearly $70 Billion
    PR Newswire | 01/13/22 11:03 AM EST

    WASHINGTON, Jan. 13, 2022 ?Fannie Mae (FNMA) provided nearly $70 billion in financing to support the multifamily market in 2021, and funding of multifamily affordable housing rose more than 23 percent last year to the highest volume in the history of its 33-year-old Delegated Underwriting and Servicing program.

  7. Fannie Mae Launches Free Online Education Course, Empowering Aspiring Homebuyers to Become Confident, Successful Homeowners
    PR Newswire | 01/12/22 09:00 AM EST

    WASHINGTON, Jan. 12, 2022 Fannie Mae (FNMA) today announced the launch of HomeView?, the company's new online homeownership education course, to help consumers navigate the mortgage and homebuying process confidently and responsibly.

  8. Fannie Mae Prices $1.5 Billion Connecticut Avenue Securities (CAS) REMIC Deal
    PR Newswire | 01/11/22 12:30 PM EST

    WASHINGTON, Jan. 11, 2022 ?Fannie Mae (FNMA) priced Connecticut Avenue Securities? Series 2022-R01, an approximately $1.5 billion note offering that represents Fannie Mae's (FNMA) first CAS REMIC? transaction of the year. The reference pool for CAS Series 2022-R01 consists of approximately 180,000 single-family mortgage loans with an outstanding unpaid principal balance of nearly $54?billion.

  9. Lument Provides $15.1 Million Fannie Mae Loan to Facilitate Reverse 1031 Exchange Acquisition of Multifamily Community in North Carolina
    PR Newswire | 01/11/22 09:00 AM EST

    NEW YORK, Jan. 11, 2022 Lument has provided a $15.1 million Fannie Mae conventional multifamily loan to facilitate the acquisition of Sommerset Place Apartments, a 144-unit multifamily community built in 1983 and located in Raleigh, North Carolina. James Kelly, a director in Lument's Atlanta office, led the transaction.

    PR Newswire | 01/10/22 04:02 PM EST

    CINCINNATI, Jan. 10, 2022 ?The Federal Home Loan Bank of Cincinnati's Board of Directors announced the results of the FHLB's 2021 director elections. Elected to the Board as Kentucky Member directors are J. Wade Berry and incumbent Greg W. Caudill.

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.

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