News Results

  1. THE FEDERAL HOME LOAN BANK OF NEW YORK (FHLBNY) NOW ACCEPTS MORTGAGE COLLATERAL USING VANTAGESCORE 4.0
    PR Newswire | 10/28/24 09:55 AM EDT

    Expanding mortgage collateral options for FHLBNY members will provide additional resources to originate more loans for diverse and underserved borrowers SAN FRANCISCO, Oct. 25, 2024 /PRNewswire/ --?The Federal Home Loan Bank of New York and VantageScore announced today that members of the Federal Home Loan Bank of New York can now pledge mortgage collateral using VantageScore 4.0 credit scores,...

  2. Global Times: China confident in achieving around 5% GDP growth for 2024, will strengthen counter-cyclical fiscal policies, says vice Minister of Finance
    PR Newswire | 10/28/24 06:42 AM EDT

    BEIJING, Oct. 28, 2024 ?China is confident to achieve around 5-percent GDP growth target for 2024, and the country will step up counter-cyclical adjustments in fiscal policy in addition to monetary policy stimulus, China's Vice Minister of Finance Liao Min said on Friday during a meeting of the World Bank, according to a readout released on the website of China's Ministry of Finance on Sunday.

  3. FEDERAL HOME LOAN BANK OF BOSTON ANNOUNCES 2024 THIRD QUARTER RESULTS, DECLARES DIVIDEND
    PR Newswire | 10/25/24 05:42 PM EDT

    BOSTON, Oct. 25, 2024 The Federal Home Loan Bank of Boston announced its preliminary, unaudited third quarter results for 2024, reporting net income of $60.4 million for the quarter. The Bank's board of directors has declared a dividend equal to an annual yield of 8.36%, the daily average of the Secured Overnight Financing Rate for the third quarter of 2024 plus 300 basis points.

  4. Fannie Mae Executes Final Credit Insurance Risk Transfer Transaction of 2024 on $7.9 Billion of Single-Family Loans
    PR Newswire | 10/25/24 10:30 AM EDT

    New Enhancements Introduced to the CIRT Structure WASHINGTON, Oct. 25, 2024 Fannie Mae?announced today that it has executed its seventh Credit Insurance Risk Transfer? transaction of the year.

  5. Tronox Reports Third Quarter 2024 Financial Results
    PR Newswire | 10/24/24 04:30 PM EDT

    STAMFORD,?Conn. Third Quarter 2024 Financial Highlights: Q4 2024 Outlook: This outlook is based on?Tronox's (TROX) views on current global economic activity and is subject to changes and impacts associated with the macroeconomic conditions, global supply chain, and inflation-related challenges, among others.

  6. Fannie Mae Announces Scheduled Release of Third Quarter 2024 Financial Results
    PR Newswire | 10/24/24 11:00 AM EDT

    Company to Host Conference Call WASHINGTON, Oct. 24, 2024 Fannie Mae today announced plans to report its third quarter 2024 financial results on Thursday morning, October 31, 2024, 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 October 31, 2024.

  7. Fannie Mae Announces Winner of Twenty-Fifth Community Impact Pool of Non-Performing Loans
    PR Newswire | 10/24/24 10:00 AM EDT

    WASHINGTON, Oct. 24, 2024 Fannie Mae?today announced the winning bidder for its twenty-fifth Community Impact Pool of non-performing loans. The CIP awarded in this most recent transaction includes 29 loans with an aggregate UPB of $7,175,159; average loan size of $247,419; and weighted average note rate of 4.93%. The cover bid, which was the second highest bid, for the CIP was 90.85% of UPB.

  8. Taylor Morrison Reports Third Quarter 2024 Results
    PR Newswire | 10/23/24 06:15 AM EDT

    SCOTTSDALE, Ariz.

  9. ION connects to newly launched FMX Futures Exchange to support execution and post-trade clearing
    PR Newswire | 10/23/24 02:00 AM EDT

    LONDON, Oct. 23, 2024 ?ION, a global leader in trading and workflow automation software, high-value analytics and insights, and strategic consulting to financial institutions, central banks, governments, and corporate organizations, announces it?has connected to the FMX Futures Exchange?, which opened on 23 September 2024.

  10. With expanded membership, BRICS' role set to be bolstered at Kazan summit: China Daily editorial
    PR Newswire | 10/22/24 11:38 AM EDT

    KAZAN, Russia, Oct. 22, 2024 Countries of the Global South are increasingly looking upon the?BRICS grouping as an indispensable international force for global economic development and the building of a more just, equitable world. This year marks the beginning of greater BRICS cooperation after the expansion of the grouping in 2023.

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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