Freddie Mac today released the results of its?Primary Mortgage Market Survey?, showing the 30-year fixed-rate mortgage averaged 7.08 percent. ?As the housing market adjusts to rapidly tightening monetary policy, mortgage rates again surpassed seven percent,? said Sam Khater, Freddie Mac?s Chief Economist.
Louisiana Nonprofit Receives Partnership Grant Program Funds Red River Bank and the Federal Home Loan Bank of Dallas awarded $16,000 in Partnership Grant Program funding to the Greater Alexandria Economic Development Authority Revitalization Corp. during a ceremonial check presentation Tuesday. This press release features multimedia.
An Affordable Housing and Veterans Organization Receive Partnership Grant Program Funds Home Bank and the Federal Home Loan Bank of Dallas awarded $16,000 in Partnership Grant Program funding to two community organizations in Natchez, Mississippi, during a ceremonial check presentation Tuesday. This press release features multimedia.
***10:00 a.m. Wednesday, November 9, 601 E. Pine Street, Hattiesburg, Mississippi 39401*** Representatives from Cadence Bank, Citizens National Bank and the Federal Home Loan Bank of Dallas will award $18,000 in Partnership Grant Program funds to Twin Forks Rising Community Development Corp.. The media is encouraged to attend.
Federal National Mortgage Association (FNMA) : * FANNIE MAE REPORTS NET INCOME OF $2.4 BILLION FOR THIRD QUARTER 2022. * FANNIE MAE - $134 BILLION IN LIQUIDITY PROVIDED TO THE SINGLE-FAMILY AND MULTIFAMILY MORTGAGE MARKETS IN THE THIRD QUARTER OF 2022. * FANNIE MAE - QTRLY NET INTEREST INCOME $ 7,124 MILLION, UP 2% * FANNIE MAE - QTRLY EPS $0.00 Source text for Eikon: Further company coverage:
Freddie Mac today reported its third 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, November 8, 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.
WASHINGTON, Nov. 8, 2022 Fannie Mae today reported its third quarter 2022 financial results and filed its third 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.
***1:30 p.m., Tuesday, November 8, 500 Main Street, Natchez, Mississippi 39120*** Home Bank and the Federal Home Loan Bank of Dallas will award $16,000 in Partnership Grant Program funding to two community organizations in Natchez, Mississippi during a ceremonial check presentation. FHLB Dallas matches member institution contributions of $500 to $4,000 by a 3:1 ratio.
***11:00 a.m., Tuesday, November 8, 1412 Centre Court Drive, Alexandria, Louisiana 71301*** Red River Bank and the Federal Home Loan Bank of Dallas will award $16,000 in Partnership Grant Program funding to the Greater Alexandria Economic Development Authority Revitalization Corp. GAEDA, which promotes urban renewal in Rapides Parish, renovates, restores and develops properties to reverse blight.
Basis Multifamily Finance I, LLC, a subsidiary of Basis Investment Group, LLC, a national commercial real estate investment platform founded by CEO Tammy K. Jones, announced today that Fannie Mae has approved Basis as a DUS? lender.
Freddie Mac announced today that it plans to report its third quarter 2022 financial results before the U.S. financial markets open on Tuesday, November 8, 2022. The company will hold a call at 9 a.m. Eastern Time on Tuesday, November 8, 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.
Federal Home Loan Bank of Atlanta today announced that up to $1.5 million in funding for its Community Rebuild and Restore Product is available now to help homeowners in Florida whose homes have been damaged by Hurricane Ian.
The Minority- and Women-Owned Business Advances Fannie Mae's Commitment to Diversity and Inclusion WASHINGTON, Nov. 7, 2022 /PRNewswire/ -- Fannie Mae today announced the addition of Basis Multifamily Finance I, LLC, a subsidiary of Basis Investment Group, LLC, a national commercial real estate investment platform, to its network of approved Multifamily Delegated Underwriting and Servicing lend...
Mortgage and Financial services veteran Ravi Shankar has joined the company as senior vice president and head of Single-Family Portfolio and Servicing, Freddie Mac announced today. ?Ravi Shankar brings substantial experience to the company as a respected financial services leader, portfolio manager and Freddie Mac alum.
Only 16% of Consumers Report Now is a Good Time to Buy a Home WASHINGTON, Nov. 7, 2022 The Fannie Mae Home Purchase Sentiment Index? decreased 4.1 points in October to 56.7, its eighth consecutive monthly decline and lowest reading since the inception of the index in 2011.
Company to Host Conference Call WASHINGTON, Nov. 4, 2022 Fannie Mae today announced plans to report its third quarter 2022 financial results on Tuesday morning, November 8, 2022, before the opening of U.S. financial markets. Fannie Mae has scheduled a conference call to discuss the company's results at 8:00 a.m., ET, on November 8, 2022.
New Gulf Coast Housing Project Awarded Affordable Housing Program Funds The Peoples Bank and the Federal Home Loan Bank of Dallas awarded $500,000 in Affordable Housing Program funding toward the redevelopment of North Park Estates, an affordable housing community located in Gulfport, Mississippi. This press release features multimedia.
Trained, Unwavering, Focused and Fit Kids Receives Partnership Grant Program Funds Austin Bank, Texas N.A. and the Federal Home Loan Bank of Dallas awarded $16,000 in Partnership Grant Program funds to the nonprofit Trained, Unwavering, Focused and Fit Kids. This press release features multimedia.
Greystone, a leading national commercial real estate finance company, has provided an $11,750,000 Fannie Mae Delegated Underwriting & Servicing loan for the acquisition of a 92-unit multifamily property in Eugene, Oregon. Constructed in 1999, Somerset Villas in Lane County is garden-style apartment community with 15 buildings the feature two-bedroom townhouse-style units.
Federal National Mortgage Association (FNMA) : * FANNIE MAE PRICED $392 MILLION MULTIFAMILY SOCIAL DUS REMIC UNDER ITS GEMS PROGRAM Source text for Eikon: Further company coverage:
Freddie Mac today released the results of its Primary Mortgage Market Survey??, showing the 30-year fixed-rate mortgage averaged 6.95 percent. ?Mortgage rates continue to hover around seven percent, as the dynamics of a once-hot housing market have faded considerably,? said Sam Khater, Freddie Mac?s Chief Economist.
KBRA releases the October 2022 issue of CMBS Trend Watch. U.S. CMBS private label issuance fell for the second consecutive month in October. In October, KBRA published pre-sales for four deals including two Freddie Mac K-Series, one conduit, and one CRE CLO transaction. This month?s edition also highlights KBRA?s six recent CMBS research pieces on a variety of topics.
WASHINGTON, Nov. 3, 2022 ?Fannie Mae priced a $392 million Multifamily Social DUS? REMIC under its Fannie Mae Guaranteed Multifamily Structures program on October 27, 2022. FNA 2022-M2S marks the eighth Fannie Mae GeMS issuance of 2022. "We wrapped up October with the M2S, our second social GeMS of 2022," said Dan Dresser, Senior Vice President, Multifamily Capital Markets and Pricing, Fannie Mae.
Epsilon Consulting Services is pleased to announce that the Federal Home Loan Bank of New York is now live with ETS, Epsilon?s innovative trade management platform that enables rule-based processing and automation.
The Federal Reserve raised its target fed funds rate by 0.75% on Wednesday to a new range of between 3.75% and 4%, its fourth 0.75% rate hike in five months. The Fed said it will continue with its previously announced plan to let Treasury securities and agency debt and agency mortgage-backed securities roll off its balance sheet on a monthly basis.
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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