The Federal Home Loan Bank of San Francisco is deepening its commitment to increasing access to affordable housing and homeownership by investing in Nevada Housing Division Mortgage Revenue Bonds. ?Attainable homeownership for all Nevadans is one of my highest priorities and we can?t do this alone,? said Governor Lombardo.
Freddie Mac today released the results of its Primary Mortgage Market Survey??, showing the 30-year fixed-rate mortgage averaged 6.65%. ?Despite volatility in the markets, the 30-year fixed-rate mortgage remained essentially flat from last week,? said Sam Khater, Freddie Mac?s Chief Economist.
Greystone, a leading national commercial real estate finance company, has provided a $23,000,000 Commercial Mortgage Backed Security loan to refinance a three-property portfolio of multifamily communities in New Orleans, Louisiana. The multifamily communities are 1970s vintage Class C assets being refinanced after two years of ownership.
Freddie Mac announced today it will offer approximately $290 million in non-performing loans for sale via auction. The NPLs are being marketed via four pools: three Standard Pool Offerings and one Extended Timeline Pool Offering, which targets participation by smaller investors, including non-profits and Minority, Women, Disabled, LGBTQ+, Veteran or Service-Disabled Veteran-Owned Businesses.
Freddie Mac announced today the pricing of its first Seasoned Credit Risk Transfer Trust offering of 2025?a securitization of approximately $759 million including both guaranteed senior and non-guaranteed subordinate securities backed by a pool of seasoned re-performing loans.
Freddie Mac today released the results of its Primary Mortgage Market Survey?, showing the 30-year fixed-rate mortgage averaged 6.63%. ?As the spring homebuying season gets underway, the 30-year fixed-rate mortgage saw the largest weekly decline since mid-September,? said Sam Khater, Freddie Mac?s Chief Economist.
PHH Mortgage, a subsidiary of Onity Group Inc. (ONIT) and a leading non-bank mortgage servicer and originator, today announced the Company achieved Fannie Mae?s 2024 Servicer Total Achievement and Rewards? Performer recognition in the General Servicing category.
?Asset Token Ventures, a leader in bridging real-world assets with blockchain, has launched MBSTokenTM, a groundbreaking solution that brings liquidity, transparency, and efficiency to the $11 trillion mortgage-backed securities market. At the core of this initiative are two parallel funds: MBSToken ITM and MBSToken IITM.
Freddie Mac today released the results of its Primary Mortgage Market Survey?, showing the 30-year fixed-rate mortgage averaged 6.76%. ?This week, mortgage rates decreased to their lowest level in over two months,? said Sam Khater, Freddie Mac?s Chief Economist.
Greystone, a leading national commercial real estate finance company, has provided a $90 million Fannie Mae Delegated Underwriting & Servicing Affordable Housing loan to refinance a 317-unit multifamily property in Yonkers, New York. Built in 1974, Cromwell Towers Apartments in Westchester County is a 12-story building consisting of one-, two-, and three-bedroom income- and rent-restricted units.
Freddie Mac today posted to its website its Monthly Volume Summary for January 2025, which provides information on Freddie Mac?s mortgage-related portfolios, securities issuance, risk management, delinquencies, debt activities and other investments. Freddie Mac?s mission is to make home possible for families across the nation.
The Federal Home Loan Bank of Atlanta announced today that it is making $60 million in grant funding available through two enhanced programs to help families and individuals purchase or rehabilitate a home.
Today the Board of Directors of the Federal Home Loan Bank of Indianapolis declared its fourth quarter 2024 dividends on Class B-2 activity-based capital stock and Class B-1 non-activity-based stock at annualized rates of 9.50% and 4.50%, respectively. The dividends will be paid in cash on February?21, 2025.
The Federal Home Loan Bank of New York today released its unaudited financial highlights for the quarter and year ended December 31, 2024. The FHLBNY?s net income for 2024 was $738.5 million, a decrease of $12.6 million, or 1.7%, from record net income of $751.1 million for 2023.
Freddie Mac today released the results of its Primary Mortgage Market Survey?, showing the 30-year fixed-rate mortgage averaged 6.85%. ?Mortgage rates decreased slightly this week,? said Sam Khater, Freddie Mac?s Chief Economist. News Facts The PMMS? is focused on conventional, conforming, fully amortizing home purchase loans for borrowers who put 20% down and have excellent credit.
Federal Home Loan Bank of Atlanta today released preliminary unaudited financial highlights for the quarter and year ended December?31, 2024. Fourth Quarter 2024 Operating Results. Annual 2024 Operating Results. Financial Condition Highlights. Reliable Source of Liquidity. Commitment to Affordable Housing and Community Development.
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.
Log In Required
Line of Credit Log In Required
Publication Date