News Results

  1. Mortgage Rates Hover at Five Percent
    GlobeNewswire | 04/28/22 10:00 AM EDT

    Freddie Mac today released the results of its?Primary Mortgage Market Survey?, showing that the 30-year fixed-rate mortgage averaged 5.10 percent. ?The combination of swift home price growth and the fastest mortgage rate increase in over forty years is finally affecting purchase demand,? said Sam Khater, Freddie Mac?s Chief Economist.

  2. TowneBank Reports First Quarter 2022 Earnings
    GlobeNewswire | 04/28/22 08:30 AM EDT

    TowneBank today reported earnings for the quarter ended March?31, 2022 of $45.59?million, or $0.63 per diluted share, compared to $69.00?million, or $0.95 per diluted share, for the quarter ended March?31, 2021.

  3. Freddie Mac Reports First Quarter 2022 Financial Results
    GlobeNewswire | 04/28/22 08:12 AM EDT

    Freddie Mac today reported its first quarter 2022 financial results and filed its Quarterly Report on Form 10-Q with the U.S. Securities and Exchange Commission. The company will hold a call at 9 a.m. Eastern Time today, April 28, 2022, to share its results with the media. Freddie Mac makes home possible for millions of families and individuals by providing mortgage capital to lenders.

  4. Northfield Bancorp, Inc. Announces First Quarter 2022 Results
    GlobeNewswire | 04/27/22 06:46 PM EDT

    NOTABLE ITEMS FOR THE QUARTER INCLUDE: WOODBRIDGE, N.J., April 27, 2022 -- Northfield Bancorp (NFBK), INC.,?the holding company for Northfield Bank, reported diluted earnings per common share of $0.30 for the quarter ended March?31, 2022, as compared to $0.38 per diluted share for the quarter ended March?31, 2021.

  5. GWG L Bonds Bankruptcy Update: KlaymanToskes Encourages GWG L Bondholders to Explore Their Legal Options in Light of July 2022 Claims Filing Deadline
    GlobeNewswire | 04/27/22 05:52 PM EDT

    National investment fraud lawyers KlaymanToskes advises GWG Holdings, Inc. L Bondholders to explore their legal options in light of the Texas Bankruptcy Court?s recent order setting a July 2022 claims filing deadline and GWG?s upcoming trading suspension.

  6. Research Reveals Islamic Finance is a Good Way to Stabilise Economies and Facilitate Growth - Experts Explain
    GlobeNewswire | 04/27/22 07:46 AM EDT

    International finance experts report that Islam finance is the solution for a stabilised, healthy global economy. Hejaz Financial Services explains that Islamic finance - especially in comparison to socialist and capitalist economic systems -?promotes a just, equitable distribution of wealth, creation of wealth and set of wealth protection regulations.

  7. Freddie Mac Issues Monthly Volume Summary for March 2022
    GlobeNewswire | 04/25/22 04:32 PM EDT

    Freddie Mac today posted to its website its Monthly Volume Summary for March 2022, which provides information on Freddie Mac?s mortgage-related portfolios, securities issuance, risk management, delinquencies, debt activities, and other investments. Freddie Mac makes home possible for millions of families and individuals by providing mortgage capital to lenders.

  8. Freddie Mac Announces Release Date for First Quarter 2022 Financial Results
    GlobeNewswire | 04/25/22 12:20 PM EDT

    ?Freddie Mac announced today that it plans to report its first quarter 2022 financial results before the U.S. financial markets open on Thursday, April 28, 2022. The company will hold a call at 9 a.m. Eastern Time on Thursday, April 28, 2022 to share the company?s results with the media. All materials related to the call will be available on the Investor Relations page of the company?s website.

  9. Vince Mejia Joins Greystone as Senior Vice President, Agency Production
    GlobeNewswire | 04/25/22 10:00 AM EDT

    Greystone, a leading national commercial real estate finance company, announced Vince Mejia has joined the firm as Senior Vice President, Agency Production. Prior to joining Greystone, Mr. Mejia was a Director of Multifamily Customer Account Management at Fannie Mae in its Multifamily division. Based in Plano, Texas, Mr. Mejia reports to Chip Hudson, co-CEO of Agency Lending at Greystone.

  10. Equipment Leasing and Finance Association?s Survey of Economic Activity: Monthly Leasing and Finance Index
    GlobeNewswire | 04/25/22 08:00 AM EDT

    The Equipment Leasing and Finance Association?s Monthly Leasing and Finance Index, which reports economic activity from 25 companies representing a cross section of the $900 billion equipment finance sector, showed their overall new business volume for March was $10.6 billion, up 14 percent year-over-year from new business volume in March 2021.

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.

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