News Results

  1. Sallie Mae Expands Access to Responsible Financing For Students Pursuing Graduate and Law Degrees
    Business Wire | 05/07/26 03:17 PM EDT

    Company Offers Competitive Interest Rates, No Origination Fees, and Multiple Repayment Options Ahead of Changes to Federal Student Loan Program Expanded Access to Graduate and Law Loans Follow Recent Enhancements to Medical School and Dental School Financing Options NEWARK, Del.

  2. Mortgage Rates Average 6.37%
    GlobeNewswire | 05/07/26 12:00 PM EDT

    Freddie Mac today released the results of its Primary Mortgage Market Survey?, showing the 30-year fixed-rate mortgage averaged 6.37%. ?The 30-year fixed-rate mortgage averaged 6.37% this week,? said Sam Khater, Freddie Mac?s Chief Economist. News Facts The PMMS? is focused on conventional, conforming, fully amortizing home purchase loans for borrowers who put 20% down and have excellent credit.

  3. Federal Home Loan Bank of Atlanta, Atlantic Union Bank and Jubilee Housing Celebrate Groundbreaking of Affordable Housing Community in Washington D.C.
    GlobeNewswire | 05/07/26 09:13 AM EDT

    Federal Home Loan Bank of Atlanta, Atlantic Union Bank, and Jubilee Housing are pleased to celebrate the groundbreaking?for six affordable multifamily rental developments in Washington, D.C.

  4. BRIEF-SLM Corporation Prices Public Offering Of Senior Notes
    Reuters | 05/07/26 09:07 AM EDT

    SLM Corp (SLM): * SLM CORPORATION PRICES PUBLIC OFFERING OF SENIOR NOTES. * SALLIE MAE - PRICES $500 MILLION 6.495% SENIOR NOTES DUE 2032 AT PAR. * SALLIE MAE - INTENDS TO USE PROCEEDS TO PURCHASE UP TO $500 MILLION 3.125% NOTES DUE 2026 Source text: Further company coverage:

  5. SLM Corporation Prices Public Offering of Senior Notes
    Business Wire | 05/07/26 09:00 AM EDT

    Sallie Mae?, formally SLM Corporation (SLM), announced that it priced its public offering of $500 million aggregate principal amount of 6.495% Fixed-to-Floating Rate Senior Notes due 2032 at par. J.P. Morgan Securities LLC and Barclays Capital Inc. are acting as joint book-running managers.

  6. Fifth Third Closes Fannie Mae DUS? Acquisition; Strengthens Multifamily Lending Capabilities
    Business Wire | 05/07/26 08:00 AM EDT

    Bank is now one of 24 DUS? Lenders. Fifth Third Bancorp (FITB) announced closing of a transaction to acquire Mechanics Bank?s Delegated Underwriting and Servicing business line, including an experienced lending team, and a $1.8 billion unpaid principal balance servicing portfolio.

  7. Mechanics Bank Completes Sale of Fannie Mae Delegated Underwriting and Servicing Business Line to Fifth Third Bank
    Business Wire | 05/07/26 08:00 AM EDT

    Mechanics Bancorp (MCHB) announced today that Mechanics Bank, a wholly owned subsidiary, has completed the previously announced sale of its Fannie Mae Delegated Underwriting and Servicing business line to Fifth Third Bank, National Association for aggregate cash consideration of approximately $126 million.

  8. FHLBank Chicago and Associated Bank Award $375,000 to Support Emerging Housing Developers
    Business Wire | 05/07/26 07:02 AM EDT

    To help address the growing need for skilled affordable housing developers, the Federal Home Loan Bank of Chicago, in partnership with member Associated Bank, has awarded $375,000 through its Community First? Developer Program to two nonprofit organizations in Illinois and Wisconsin. This press release features multimedia.

  9. BRIEF-Sallie Mae Files For Offering Of Up To $500 Million 6.495% Fixed-To-Floating Rate Senior Notes Due 2032 - SEC Filing
    Reuters | 05/06/26 05:18 PM EDT

    SLM Corp (SLM): * SALLIE MAE FILES FOR OFFERING OF UP TO $500 MILLION 6.495% FIXED-TO-FLOATING RATE SENIOR NOTES DUE 2032 - SEC FILING Source text: Further company coverage:

  10. Federal Home Loan Bank of Dallas and Bonvenu Bank Award $100,000 in Pathway Fund Grants to Four Baton Rouge, Louisiana, Organizations
    Business Wire | 05/06/26 02:01 PM EDT

    Funding Will Support Heirs? Property Education. The Federal Home Loan Bank of Dallas, through member Bonvenu Bank, has awarded $100,000 in Pathway Fund grants to four organizations in Baton Rouge, Louisiana, whose work strengthens housing stability, advances estate planning and helps families preserve generational property. This press release features multimedia.

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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