News Results

  1. Fannie Mae Announces Winner of its Latest Non-Performing Loan Sale
    PR Newswire | 03/12/24 10:00 AM EDT

    WASHINGTON, March 12, 2024 Fannie Mae today announced the results of its twenty-third non-performing loan sale transaction. The loan pool awarded in this most recent transaction includes: The cover bid, which is the second highest bid for the pool, was 101.06% of UPB. Bids are due on Fannie Mae's Community Impact Pool on March 19, 2024.

  2. Siniora Food Industries Company Issues USD 80 Million Bond
    PR Newswire | 03/12/24 08:00 AM EDT

    AMMAN, Jordan, March 12, 2024 On March 10, 2024, Siniora Food Industries Company issued a five-year bond of a total nominal value of USD 80 million.

  3. China sets 2024 growth target, encouraging foreign investment
    PR Newswire | 03/08/24 03:05 AM EST

    BEIJING, March 8, 2024 A news report from Beijing Review: China has set its GDP growth target at around 5 percent for this year. The report reviewed the country's achievements over the past year and outlined its future direction.

  4. Orexo strengthens its sustainability work by establishing a social financing framework
    PR Newswire | 03/08/24 02:24 AM EST

    UPPSALA, Sweden, March 8, 2024 /PRNewswire/?--?Orexo AB, today announces that the Company has established a social financing framework dated February 2024, which enables Orexo (ORXOF) to issue social bonds and potentially raise social loans, as well as other type of debt instruments.

  5. Fannie Mae Prices $751 Million Connecticut Avenue Securities (CAS) REMIC Deal
    PR Newswire | 03/07/24 01:15 PM EST

    WASHINGTON, March 7, 2024 Fannie Mae priced Connecticut Avenue Securities? Series 2024-R02, an approximately $751 million note offering that represents Fannie Mae's second CAS REMIC? transaction of the year. The reference pool for CAS Series 2024-R02 consists of approximately 56,000 single-family mortgage loans with an outstanding unpaid principal balance of approximately $18.6 billion.

  6. Freedom Mortgage Wins Fannie Mae STAR Performer Award for 8th Year in a Row
    PR Newswire | 03/07/24 11:00 AM EST

    Company is recognized again as a top-performing mortgage servicer in 2023 BOCA RATON, Fla. Freedom Mortgage is one of the top ten largest servicers in the U.S., according to Inside Mortgage Finance magazine. "Once again, we are extremely honored to be recognized by Fannie Mae," said Stanley C. Middleman, president and CEO of Freedom Mortgage.

  7. Hospital PMI? at 56.6%; February 2024 Hospital ISM? Report On Business?
    PR Newswire | 03/07/24 10:00 AM EST

    TEMPE, Ariz. Nancy LeMaster, MBA, Chair of the Institute for Supply Management? Hospital Business Survey Committee: "The Hospital PMI??registered 56.6 percent in February, a 4.9-percentage point decrease from the January reading of 61.5 percent, indicating a sixth consecutive month of growth after a contraction in August.

  8. Home-Selling Sentiment Moves Higher Ahead of Spring Homebuying Season
    PR Newswire | 03/07/24 08:30 AM EST

    HPSI Inches Upward Again, Now at Highest Level in Nearly 2 Years WASHINGTON, March 7, 2024 The Fannie Mae?Home Purchase Sentiment Index? increased 2.1 points in February to 72.8, inching higher for the third consecutive month, due primarily to increased optimism around home-selling conditions.

  9. Global Times: China sets 2024 GDP growth target at around 5%; 'forward-looking, pragmatic' goal signals firm economic recovery, high-quality growth
    PR Newswire | 03/07/24 02:19 AM EST

    BEIJING, March 7, 2024 China on Tuesday set a growth target of around 5 percent for its economy in 2024, a "forward-looking and pragmatic" goal which deputies and economists said sends strong signals that the world's second-largest economy will sustain its firm recovery momentum this year despite rising?headwinds, while putting more emphasis on ensuring economic stability and transforming growt...

  10. Fannie Mae Provides Day 1 Certainty; New Enhancement Further Streamlines Mortgage Origination Process for Lenders and Homebuyers
    PR Newswire | 03/06/24 10:23 AM EST

    New Capability Automates One-Step Validation of Borrower Assets, Income, and Employment with a 12-Month Asset Report and Provides Additional Benefits to Support Access to Credit WASHINGTON, March 6, 2024 /PRNewswire/ -- Fannie Mae?today announced new capabilities in its automated underwriting system to further streamline the mortgage origination process for lenders and homebuyers, enabling impr...

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.