Despite Recent Decline in Mortgage Rates, Existing Home Sales Likely to Remain Weak WASHINGTON, Aug. 21, 2024 Despite the recent pullback in mortgage rates, total home sales are expected to come in lower than previously forecast through the rest of 2024, and then not pick up meaningfully until further out in 2025, according to the?August 2024 commentary from the Fannie Mae?Economic and Strategi...
Company Set to Elevate the Bar for Operational and Compliance Excellence DALLAS, Aug. 20, 2024 BBG Real Estate Services, a leading independent commercial real estate services firm and pioneer of bundled service offerings, is proud to announce the addition of Peter Christensen, J.D., as General Counsel & Chief Compliance Officer and Marty Skolnik, MAI, as GSE Compliance Officer.
WASHINGTON, Aug. 13, 2024 Fannie Mae?today began marketing its most recent sale of reperforming loans as part of the company's ongoing effort to reduce the size of its retained mortgage portfolio. The sale consists of approximately 3,119 loans, having an unpaid principal balance of approximately $611.2 million, and is available for purchase by qualified bidders.
NEW YORK, Aug. 12, 2024 Lument announced today it has entered into an exclusive correspondent relationship with Arcus Harbor Real Estate Capital under which Arcus Harbor will refer all Fannie Mae, Freddie Mac, and FHA loans it originates to Lument for underwriting, processing, and closing.
NEW YORK, Aug. 12, 2024 ?TidalWave, a leading innovator in the financial technology sector, is proud to announce that its purposely built AI copilot engine SOLO??is now integrated with Loan Product Advisor?, Freddie Mac's automated underwriting system.
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.