News Results

  1. BRIEF-Freddie Mac Says Prices $1.1 Bln Multifamily K-Deal, K-118
    Reuters | 10/22/20 01:57 PM EDT

    Federal Home Loan Mortgage Corp : * FREDDIE MAC PRICES $1.1 BILLION MULTIFAMILY K-DEAL, K-118. * FREDDIE MAC (FMCC) - EXPECTS TO ISSUE APPROXIMATELY $1.1 BILLION IN K CERTIFICATES, WHICH ARE EXPECTED TO SETTLE ON OR ABOUT OCTOBER 29, 2020 Source text for Eikon: Further company coverage:

  2. Freddie Mac Prices $1.1 Billion Multifamily K-Deal, K-118
    GlobeNewswire | 10/22/20 01:56 PM EDT

    Freddie Mac (FMCC) recently priced a new offering of Structured Pass-Through Certificates, which are backed by underlying collateral consisting of fixed-rate multifamily mortgages with predominantly 10-year terms. K-118 Pricing Details Related Links The K-118 Certificates are backed by corresponding classes issued by the FREMF 2020-K118 Mortgage Trust and guaranteed by Freddie Mac.

  3. BRIEF-Freddie Mac Says Mortgage Rates Continue To Trend Down
    Reuters | 10/22/20 10:54 AM EDT

    Federal Home Loan Mortgage Corp: * MORTGAGE RATES CONTINUE TO TREND DOWN Source text for Eikon: Further company coverage:

  4. Mortgage Rates Continue to Trend Down
    GlobeNewswire | 10/22/20 10:00 AM EDT

    Freddie Mac (FMCC) today released the results of its Primary Mortgage Market Survey??, showing that the 30-year fixed-rate mortgage averaged 2.80 percent, the lowest rate in our survey?s history which dates back to 1971.

  5. BRIEF-Sallie Mae Posts Q3 Core Earnings Per Share Of $0.47
    Reuters | 10/21/20 04:42 PM EDT

    SLM Corp (SLM): * SALLIE MAE REPORTS THIRD-QUARTER 2020 FINANCIAL RESULTS. * Q3 GAAP EARNINGS PER SHARE $0.45. * Q3 EARNINGS PER SHARE ESTIMATE $0.08 -- REFINITIV IBES DATA. * SALLIE MAE - INITIATED RESTRUCTURING PROGRAM FOCUSED ON IMPROVING OPERATIONAL EFFICIENCIES. * SALLIE MAE - RECORDED A $24 MILLION RESTRUCTURING CHARGE IN QUARTER.

  6. Sallie Mae Reports Third-Quarter 2020 Financial Results
    Business Wire | 10/21/20 04:30 PM EDT

    Third-Quarter GAAP Net Income Attributable to Common Stock of $169 Million, or $0.45 Per Diluted Share; Third-Quarter ?Core Earnings? Attributable to Common Stock of $179 Million, or $0.47 Per Diluted Share Initiated Restructuring Program Focused on Improving Operational Efficiencies; Recorded a $24 Million Restructuring Charge; Significant Efficiencies Expected to be Realized in 2021 and Beyon...

  7. ARMOUR Residential REIT, INC. Announces September 30, 2020 Financial Position And Q3 Results
    GlobeNewswire | 10/21/20 04:15 PM EDT

    ARMOUR Residential REIT, Inc. (ARR) today announced the Company's September 30, 2020 financial position and Q3 results and provided further detail on the completed transition of its portfolio to focus exclusively on agency-guaranteed mortgage backed securities.

  8. BRIEF-Freddie Mac Prices $986 Million Multifamily K-Deal, K-F89
    Reuters | 10/20/20 06:30 PM EDT

    Federal Home Loan Mortgage Corp : * FREDDIE MAC PRICES $986 MILLION MULTIFAMILY K-DEAL, K-F89. * FREDDIE MAC (FMCC) - ABOUT $986 MILLION IN K CERTIFICATES ARE EXPECTED TO SETTLE ON OR ABOUT OCT 29 Source text for Eikon: Further company coverage:

  9. Freddie Mac Prices $986 Million Multifamily K-Deal, K-F89
    GlobeNewswire | 10/20/20 05:45 PM EDT

    Freddie Mac (FMCC) has priced a new offering of Structured Pass-Through Certificates, which includes a class of floating rate bonds indexed to the Secured Overnight Financing Rate. K-F89 includes one class of senior bonds indexed to LIBOR and another class of senior bonds indexed to SOFR.

  10. BRIEF-Freddie Mac Expects To Issue Approximately $198 Mln In K Certificates
    Reuters | 10/20/20 05:20 PM EDT

    Federal Home Loan Mortgage Corp : * FREDDIE MAC (FMCC) - EXPECTS TO ISSUE APPROXIMATELY $198 MILLION IN K CERTIFICATES Source text for Eikon: Further company coverage:

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