News Results

  1. Freddie Mac Prices Approximately $284.2 Million SLST Securitization
    GlobeNewswire | 05/21/25 11:00 AM EDT

    Freddie Mac today announced the pricing of the Freddie Mac Seasoned Loans Structured Transaction Trust Series 2025-1, a securitization of approximately $284.2 million including both guaranteed senior and non-guaranteed subordinate securities backed by a pool of seasoned residential mortgage loans.

  2. Greystone Provides $14 Million in CMBS Financing for Multifamily Portfolio in New York
    GlobeNewswire | 05/19/25 11:14 AM EDT

    Greystone, a leading national commercial real estate finance company, has provided a $14,000,000 CMBS loan to refinance a multifamily property portfolio in Brooklyn, NY. The financing was originated by Jason Yuen, Managing Director at Greystone.

  3. UMH PROPERTIES, INC. ANNOUNCES ADDITION TO FANNIE MAE CREDIT FACILITY
    GlobeNewswire | 05/16/25 04:15 PM EDT

    UMH Properties, Inc. (UMH) announced that on May 15, 2025 it completed the addition of ten communities containing 2,001 sites, to its Fannie Mae credit facility through Wells Fargo Bank, N.A., for total proceeds of approximately $101.4 million. Samuel A. Landy, President and Chief Executive Officer, commented ?We are proud to complete another addition to our Fannie Mae credit facility.

  4. Mortgage Rates Remain Under Seven Percent
    GlobeNewswire | 05/15/25 12:00 PM EDT

    Freddie Mac today released the results of its Primary Mortgage Market Survey?, showing the 30-year fixed-rate mortgage averaged 6.81%. "The 30-year fixed-rate mortgage remained below the 7% threshold for the 17th consecutive week,? said Sam Khater, Freddie Mac?s Chief Economist.

  5. Using Machine Learning, Freddie Mac Announces Automated Underwriting That Can Save Mortgage Originators Up To $1,500 Per Loan
    GlobeNewswire | 05/15/25 11:32 AM EDT

    Freddie Mac? today announced automations to its underwriting to further reduce costs, create greater efficiency and improve the origination process for both borrowers and lenders.

  6. Gateless Integrates with Fannie Mae?s Income Calculator to Enhance Self-Employment Income Analysis
    GlobeNewswire | 05/14/25 08:00 AM EDT

    Gateless, a leading innovator in mortgage automation technology, today announced its integration with Fannie Mae?s Income Calculator. Lenders will benefit from increased opportunities tied to the real-time calculation of qualified income, like operational efficiency, accelerated borrower experience, and lender certainty.

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.

fir_news_results