Sallie Mae, formally SLM Corporation (SLM), today released first-quarter 2025 financial results and reaffirmed full-year 2025 guidance. This press release features multimedia. Sallie Mae will host an earnings conference call today, April 24, 2025, at 5:30 p.m. ET. A replay of the webcast will be available via the company?s investor website approximately two hours after the call?s conclusion.
Federal Home Loan Bank of Atlanta today released preliminary unaudited financial highlights for the quarter ended March?31, 2025. Operating Results for the First Quarter of 2025. Financial Condition Highlights. Reliable Source of Liquidity. Commitment to Affordable Housing and Community Development. Dividends.
Today the Board of Directors of the Federal Home Loan Bank of Indianapolis declared its first quarter 2025 dividends on Class B-2 activity-based capital stock and Class B-1 non-activity-based stock at annualized rates of 9.50% and 4.50%, respectively. The dividends will be paid in cash on April?25, 2025.
Freddie Mac today released the results of its Primary Mortgage Market Survey?, showing the 30-year fixed-rate mortgage averaged 6.81%. ?The average mortgage rate decreased slightly 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.
The Federal Home Loan Bank of New York today released its unaudited financial highlights for the quarter ended March 31, 2025. ?The Federal Home Loan Bank of New York continued to perform well in the first quarter of 2025, meeting the funding needs of our members and delivering liquidity in support of local economic growth,? said Randolph C. Snook, president and CEO of the FHLBNY.
?. The Federal Home Loan Bank of Pittsburgh announced today unaudited financial results for the first quarter of 2025. Financial Highlights: Credit Products Highlights: Community Investment Products Highlights: Statements of Income FHLBank?s net income totaled $120.1 million for the first quarter of 2025, compared to $154.0 million for the first quarter of 2024.
Federal Home Loan Mortgage Corp (FMCC) : * OFFERPAD APPOINTS FORMER FREDDIE MAC EXECUTIVE DONNA CORLEY TO BOARD OF DIRECTORS Source text: Further company coverage:
Corley to Chair Offerpad?s Audit Committee and serve on the Nominating & Governance Committee Offerpad, a leading real estate tech company built to give home buyers and sellers more control, choice, and certainty, today announced the appointment of Donna Corley to its Board of Directors, effective immediately. This press release features multimedia.
Sallie Mae, formally SLM Corporation (SLM), today announced a 2025 second-quarter dividend on its Preferred Stock Series B of $1.5815446 per share. Both preferred stock and common stock dividends will be paid on June 16, 2025, to the respective stockholders of record at the close of business on June 5, 2025.
The Federal Home Loan Bank of Dallas has released its 2024 Corporate Impact Report highlighting strategic initiatives and results from the past year, including the launch of four innovative pilot programs and continued commitment to affordable housing and community investment programs. This press release features multimedia.
The Federal Home Loan Bank of Chicago today announced its preliminary and unaudited financial results for the first quarter of 2025. ?As we embark on a new year, we reaffirm our commitment to being a strong and reliable source of liquidity to our members and the communities they serve,? said Michael Ericson, president and chief executive officer of FHLBank Chicago.
Federal National Mortgage
Association (FNMA): * ANNOUNCES SALE OF NON-PERFORMING LOANS. * SALE INCLUDES 1,119 LOANS TOTALING $198.6 MILLION IN UPB. * BIDS DUE ON LARGER POOLS BY MAY 15, CIP BY MAY 27.
WASHINGTON, April 22, 2025 Fannie Mae today announced its latest sale of non-performing loans as part of the company's ongoing effort to reduce the size of its retained mortgage portfolio, including the company's twenty-sixth Community Impact Pool.
The Federal Home Loan Bank of San Francisco announced Jennifer Schachterle, senior vice president of sales and business development, is scheduled to speak on a panel focused on letters of credit during the 2025 California Municipal Treasurers Association annual conference on April 24 in Monterey, California.
Company is recognized again as a top-performing mortgage servicer in 2024 BOCA RATON, Fla. Freedom Mortgage is one of the top VA and FHA lenders in the U.S., according to Inside Mortgage Finance magazine. "We are committed to providing our customers with exceptional service every day.
Freddie Mac today released the results of its Primary Mortgage Market Survey?, showing the 30-year fixed-rate mortgage averaged 6.83%. ?The 30-year fixed-rate mortgage ticked up but remains below the?7% threshold for the thirteenth consecutive week,? said Sam Khater, Freddie Mac?s Chief Economist.
Greystone, a leading national commercial real estate finance company, has provided $120 million in Fannie Mae Delegated Underwriting & Servicing financing for the acquisition of a 375-unit multifamily high-rise in Chicago?s Fulton Market.
WASHINGTON, April 17, 2025 ?Single-family home prices increased 5.2 percent from Q1 2024 to Q1 2025, largely unchanged from the previous quarter's year-over-year growth pace of 5.3 percent, according to the latest reading of the Fannie Mae?Home Price Index.
WASHINGTON, April 15, 2025 Following national home price growth of 5.8% in 2024, a panel of more than 100 housing experts forecasts home price growth to average 3.4% in 2025 and 3.3% in 2026, according to the Q1 2025 Fannie Mae Home Price Expectations Survey, produced in partnership with Pulsenomics, LLC.
KBRA assigns preliminary ratings to 58 classes from Connecticut Avenue Securities Trust 2025-R03, a credit risk sharing transaction with a total note offering of $619,454,000. The Reference Pool consists of 65,447 residential mortgage loans with an outstanding principal balance of approximately $23.2 billion as of the cut-off date.
United Bank and the Federal Home Loan Bank of Atlanta announced today an investment of $4.7 million in grant funding, designated for five separate projects that will create 363 new affordable housing units in Washington, D.C. and Virginia. The funding is sourced from FHLBank Atlanta?s Affordable Housing Program General Fund and administered through United Bank.
Freddie Mac today announced it sold via auction 28 deeply delinquent non-performing residential first lien loans from its mortgage-related investments portfolio to VRMTG ACQ, LLC. Given the delinquency status of the loans, the borrowers have likely been evaluated previously for loss mitigation, including modification or other alternatives to foreclosure, or are in foreclosure.
Meridian Capital Group, one of the nation?s leading commercial real estate finance, investment sales, and retail leasing advisors, announced today that Fannie Mae lenders may resume requesting quotes for Meridian-brokered loans effective immediately.
First Federal Savings Bank, a member bank of the Federal Home Loan Bank of Indianapolis, awarded Habitat for Humanity $27,500 in grant funds through the Community Multiplier ? Member Match Program.
Freddie Mac today released the results of its Primary Mortgage Market Survey?, showing the 30-year fixed-rate mortgage averaged 6.62%. ?The average 30-year fixed-rate mortgage continues to trend down, remaining under 7% for the twelfth consecutive week,? said Sam Khater, Freddie Mac?s Chief Economist.
Grant Fuels DC CAP?s Goal to Achieve an 80% College Graduation Rate for D.C. Students by 2050 The Sallie Mae Fund today announced a $50,000 grant to the DC College Access Program to support its annual College Signing Day celebration and its broader mission to increase higher education access and completion rates for students across the District.
Federal National Mortgage
Association (FNMA): * FANNIE MAE: FIRES OVER 100 EMPLOYEES FOR UNETHICAL CONDUCT, INCLUDING FACILITATION OF FRAUD - WEBSITE Further company coverage:
Webcast Scheduled for Thursday, April 24, at 5:30 p.m. ET Sallie Mae?, formally SLM Corporation (SLM), will release first-quarter 2025 financial results after market close on Thursday, April 24, 2025. A live audio webcast and presentation slides will be available at SallieMae.com/investors and the hosting website. Investors should log in at least 15 minutes prior to the broadcast.
First Federal Savings Bank, a member bank of the Federal Home Loan Bank of Indianapolis, awarded United Caring Services $27,500 in grant funds through the Community Multiplier ? Member Match Program. The $27,500 grant will support United Caring Services? mission to help transition individuals out of homelessness and into permanent housing solutions.
First Federal Savings Bank, a member bank of the Federal Home Loan Bank of Indianapolis, awarded Habitat for Humanity $27,500 in grant funds through the Community Multiplier ? Member Match Program. The $27,500 grant will support Habitat for Humanity?s educational assistance programs for current and prospective homeowners.
The Federal Home Loan Bank of Dallas is excited to announce its 2025 Community Area Revitalization Efforts Award recipient. This press release features multimedia. Each year, FHLB Dallas recognizes a member or members that support affordable housing and other community investment programs using FHLB Dallas grants and advances.
KBRA releases the March 2025 issue of CMBS Trend Watch. Amid prevailing economic and political uncertainty, U.S. CMBS private label issuance exhibited continued strength. In March, KBRA published pre-sales for eight deals including five conduits, two SBs, and one Freddie Mac. This month?s edition also highlights recent KBRA research publications that cover various topical issues.
Freddie Mac today released the results of its Primary Mortgage Market Survey?, showing the 30-year fixed-rate mortgage averaged 6.64%. ?Over the last month, the 30-year fixed-rate has settled in, making only slight moves in either direction. News Facts The PMMS? is focused on conventional, conforming, fully amortizing home purchase loans for borrowers who put 20% down and have excellent credit.
WASHINGTON, April 1, 2025 Fannie Mae today announced the results of its thirty-fourth reperforming loan sale transaction. The cover bid, which is the second highest bid for the pool, was 84.66% of UPB. Reperforming loans are loans that have been or are currently delinquent but have reperformed for a period of time.
Hundred Homes focuses on improving the quality of housing stock?in Kentucky, Ohio and Tennessee CINCINNATI, April 1, 2025 /PRNewswire/ -- FHLB Cincinnati today launched the Hundred Homes Initiative which will offer $5 million in funding to move 100 households living in mobile homes constructed before June 15, 1976 into updated housing.
Federal Home Loan Mortgage Corp (FMCC) : * FREDDIE MAC SELLS $261 MILLION IN NON-PERFORMING LOANS. * Federal Home Loan Mortgage Corp (FMCC) - TRANSACTION EXPECTED TO SETTLE IN MAY 2025. * FREDDIE MAC - BIDS FOR EXTENDED TIMELINE POOL OFFERING DUE BY APRIL 10, 2025 Source text: Further company coverage: ;))
Freddie Mac today announced it sold via auction 1,458 deeply delinquent non-performing residential first lien loans from its mortgage-related investments portfolio. The loans in the SPO? offerings were offered as three pools of mortgage loans.
KBRA releases research analyzing recent vintage loans in commercial real estate collateralized loan obligations. CRE CLO issuance reached $8.4 billion year-to-date through Q1 2025?nearly matching the total volume for all of last year.
WASHINGTON, March 28, 2025 Fannie Mae's February 2025 Monthly Summary is now available. Follow Fannie Maefanniemae.com Fannie Mae Newsroomhttps://www.fanniemae.com/newsroom. Photo of Fannie Maehttps://www.fanniemae.com/resources/img/about-fm/fm-building.tif. Fannie Mae Resource Center1-800-2FANNIE.
Funds Will Support Education and Legal Issues. The Federal Home Loan Bank of Dallas awarded a $100,000 Heirs? Property Program grant to Project Build a Future in a ceremonial check presentation yesterday. This press release features multimedia.
Existing Home Sales Forecast Upgraded Slightly on Lower Rate Outlook WASHINGTON, March 28, 2025 Mortgage rates are now expected to end 2025 and 2026 at 6.3 percent and 6.2 percent, respectively, downward revisions of three-tenths for each, according to the March 2025 commentary from the Fannie Mae Economic and Strategic Research Group.
27-unit Noel Place will set aside affordable apartments for special-needs residents. The Federal Home Loan Bank of Dallas and BankPlus were joined by Gulf Coast Housing Partnership, Midtown Partners Inc. and local leaders to celebrate the opening of Noel Place, a new affordable housing development in Jackson, Mississippi. This press release features multimedia.
Greystone, a leading national commercial real estate finance company, has provided a total of $15.4 million in Fannie Mae Delegated Underwriting & Servicing financing to refinance two properties with 253 units total in Wisconsin and Illinois.
Freddie Mac today released the results of its Primary Mortgage Market Survey?, showing the 30-year fixed-rate mortgage averaged 6.65%. ?The 30-year fixed-rate mortgage ticked down by two basis points this week,? said Sam Khater, Freddie Mac?s Chief Economist.
CTBC Bank and the Los Angeles County Economic Development Corporation have announced that Federal Home Loan Bank of San Francisco is matching CTBC?s own $300,000 donation with a $50,000 matching donation for fire relief response in the Los Angeles area.
Freddie Mac today posted to its website its Monthly Volume Summary for February 2025, which provides information on Freddie Mac?s mortgage-related portfolios, securities issuance, risk management, delinquencies, debt activities and other investments. Freddie Mac?s mission is to make home possible for families across the nation.
Federal Home Loan Mortgage Corp (FMCC) : * TOP EXECUTIVES AT FREDDIE MAC INCLUDING CEO DIANA REID AND HEAD OF HUMAN RESOURCES DIONNE WALLACE OAKLEY WERE DISMISSED THURSDAY - SEMAFOR Source text: 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.
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