News Results

  1. Federal Home Loan Bank of Indianapolis?Board of Directors elects Chair, Vice Chair
    GlobeNewswire | 11/30/22 05:03 PM EST

    The Federal Home Loan Bank of Indianapolis Board of Directors has elected Karen F. Gregerson as Chair of the Board and Robert M. Fisher as Vice Chair of the Board, each for a two-year term beginning Jan. 1, 2023, and ending Dec. 31, 2024. Since 2016, Karen Gregerson has been President and CEO of The Farmers Bank in Frankfort, Ind.

  2. US Government To Support Mortgages Over $1 Million For First Time As Home Prices Ebb At Record Highs
    | 11/30/22 02:23 PM EST

    The baseline conforming loan ceiling for mortgages sponsored by Fannie Mae and Freddie Mac in 2023 will be $726,200, up 12.21%, or $79,000, from 2022, according to a report issued Tuesday by the Federal Housing Finance Agency.What Happened: The federal government will support mortgage loans over $1 million through GSEs for the first time ever.

  3. US Government To Backstop Mortgages Over $1 Million For First Time As Home Prices Ebb At Record Highs
    | 11/30/22 01:15 PM EST

    The baseline conforming loan ceiling for mortgages sponsored by Fannie Mae and Freddie Mac in 2023 will be $726,200, up 12.21%, or $79,000, from 2022, according to a report issued Tuesday by the Federal Housing Finance Agency.What Happened: The federal government will support mortgage loans over $1 million through GSEs for the first time ever.

  4. Greystone Provides $11.9 Million in Fannie Mae Financing for the Acquisition of Affordable Seniors Housing in Tavares, Florida
    GlobeNewswire | 11/30/22 09:52 AM EST

    Greystone, a leading national commercial real estate finance company, has provided an $11,916,000 Fannie Mae Multifamily Affordable Housing loan for the acquisition of a senior living community in Tavares, Florida. Constructed in 2006, Lake Point Senior Apartments in Lake County is a 160-unit, LIHTC, age-restricted, 3-story elevatored apartment complex.

  5. Mortgage Rates Tick Down
    GlobeNewswire | 11/23/22 12:00 PM EST

    Freddie Mac today released the results of its Primary Mortgage Market Survey, showing the 30-year fixed-rate mortgage averaged 6.58 percent. ?Mortgage rates continued to tick down heading into the Thanksgiving holiday,? said Sam Khater, Freddie Mac?s Chief Economist.

  6. Freddie Mac Issues Monthly Volume Summary for October 2022
    GlobeNewswire | 11/22/22 04:33 PM EST

    Freddie Mac today posted to its website its Monthly Volume Summary for October 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.

  7. ECRID Offers Federal Housing Finance Agency (FHFA) Credit & Lending Platform to Immediately Assist Low-Credit and No-Credit Home Buyers, and Others
    GlobeNewswire | 11/21/22 02:01 PM EST

    Ecrid, Inc. (ECDD) announces today details on the Company's FHFA Lending Platform. A New Measure of Credit ? The traditional FICO credit score that Fannie Mae and Freddie Mac rely on to approve home buyers will soon be a thing of the past.

  8. Greystone Provides $30.4 Million in Fannie Mae DUS? Financing for Multifamily Property in Thornton, Colorado
    GlobeNewswire | 11/21/22 11:00 AM EST

    Greystone, a leading national commercial real estate finance company, has provided a $30,406,000 Fannie Mae Delegated Underwriting & Servicing loan to refinance a 206-unit multifamily property in Thornton, CO. The financing was originated by Dale Holzer, Managing Director in Greystone?s Newport Beach, CA office on behalf of Milky Way Apartments, LLC.

  9. Federal Home Loan Bank of Indianapolis awards $7.24 million in Affordable Housing Program grants
    GlobeNewswire | 11/18/22 06:05 PM EST

    The Federal Home Loan Bank of Indianapolis announced today that $7.24 million in affordable housing grants will be awarded to 17 affordable housing developments in Indiana and Michigan through the Bank?s 2022 Affordable Housing Program.

  10. Freddie Mac Reports Impact of Its Single-Family Green Mortgage-Backed Securities Issuance
    GlobeNewswire | 11/18/22 10:00 AM EST

    Freddie Mac today released its Green MBS Impact Report for 2021, providing transparency under the enterprise?s Single-Family Green Bond Framework. ?Freddie Mac?s sustainability focus strengthens our commitment to our mission and helps us drive long-term value for our stakeholders while making a difference in our communities,? said Freddie Mac?s Mark Hanson, Senior Vice President, Securitization.

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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