Federal National Mortgage Association : * FANNIE MAE PRICED $879 MILLION MULTIFAMILY DUS REMIC UNDER ITS GEMS PROGRAM Source text for Eikon: Further company coverage:
WASHINGTON, April 19, 2021 ?Fannie Mae (FNMA) priced an $879 million Multifamily DUS? REMIC under its Fannie Mae Guaranteed Multifamily Structures program on April 14, 2021. FNA 2021-M11 marks the fifth Fannie Mae GeMS issuance of 2021.
WASHINGTON, April 16, 2021 ?Full-year 2021 real GDP growth expectations improved to 6.8 percent, including 9.1 percent annualized growth in the second quarter, due primarily to the continued easing of virus-related social restrictions and stimulus-driven consumer spending, according to the April 2021 commentary from the Fannie Mae Economic and Strategic Research Group.
Kroll Bond Rating Agency assigns preliminary ratings to 28 classes from Structured Agency Credit Risk REMIC 2021-DNA3 Notes, Freddie Mac STACR REMIC Trust 2021-DNA3, a credit risk sharing transaction with a total note offering of $950,000,000.
Wells Fargo and FHLB Dallas Award AHP Subsidy for The Arbors at West Avenue. Wells Fargo and the Federal Home Loan Bank of Dallas have awarded a $750,000 Affordable Housing Program subsidy to Prospera Housing and Community Services to help fund the creation of a new apartment community in San Antonio, Texas. This press release features multimedia.
Federal Home Loan Mortgage Corp: * FREDDIE MAC (FMCC) - DESPITE PAUSE IN MORTGAGE RATES RECENTLY, WE EXPECT THEM TO INCREASE MODESTLY FOR REMAINDER OF THIS YEAR Source text for Eikon: Further company coverage:
Freddie Mac (FMCC) today released the results of its Primary Mortgage Market Survey, showing that the 30-year fixed-rate mortgage averaged 3.04 percent. ?Mortgage rates took another dip this week as the 30-year fixed-rate mortgage decreased by almost ten basis points, week over week,? said Sam Khater, Freddie Mac?s Chief Economist.
The Federal Home Loan Bank of San Francisco, a member-driven cooperative helping lenders in Arizona, California, and Nevada drive local economic growth, is providing $11 million in grants through its Workforce Initiative Subsidy for Homeownership and Individual Development and Empowerment Account matching grant programs.
JERSEY CITY, N.J., April 14, 2021 Effectual, a modern, cloud first, managed and professional services company, has been awarded a 10-year dedicated cloud services contract with the Government National Mortgage Association.
ANN ARBOR, Mich. Willie Newman, President and CEO of?Homepoint. The hire of Lipscomb adds to the impressive tenure of?Homepoint's?executive leadership team, which averages over 20 years of mortgage and financial services industry experience across the board.
According to Freddie Mac?s Quarterly Forecast, mortgage rates will continue to move up with the 30-year fixed-rate mortgage averaging just above three percent through the end of 2021. ?As the economy continues to improve, we expect conditions to remain generally favorable for the housing and mortgage market,? said Sam Khater, Freddie Mac?s Chief Economist.
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-F107 Pricing Details Related Links The K-F107 Certificates will not be rated and will include one senior principal and interest class and one interest-only class that is also entitled to static prepayment premiums.
Home Bank and FHLB Dallas Partner on Funding. Home Bank and the Federal Home Loan Bank of Dallas have awarded a $97,700 Affordable Housing Program subsidy to the city of Natchez to rehabilitate 10 homes for very low- to low-income residents. Natchez is a historic city and one of the oldest settlements along the Mississippi River.
WASHINGTON, April 13, 2021 Fannie Mae (FNMA) is proud to announce that it has received the 2021 ENERGY STAR Partner of the Year ? Sustained Excellence Award from the U.S. Environmental Protection Agency and U.S. Department of Energy. An ENERGY STAR partner since 2011, Fannie Mae (FNMA) is committed to creating positive environmental, social, and economic outcomes through mortgage finance.
Sallie Mae? today released its latest Corporate Social Responsibility Report, ?Powering Confidence: Increasing Access and Opportunity Through Higher Education. The report highlights the company?s commitment to customers, team members, communities, the environment, and corporate governance.
Federal Home Loan Mortgage Corp : * FREDDIE MAC PRICES $838 MILLION MULTIFAMILY K-DEAL, K-1520. * FREDDIE MAC (FMCC) - EXPECTS TO ISSUE ABOUT $838 MILLION IN K CERTIFICATES, WHICH ARE EXPECTED TO SETTLE ON OR ABOUT APRIL 15, 2021 Source text for Eikon: Further company coverage:
Wells Fargo and FHLB Dallas Join Together to Ease Low-Income Housing Shortage. Wells Fargo and the Federal Home Loan Bank of Dallas have awarded $1.5 million in Affordable Housing Program subsidies to Foundation Communities for two Austin apartment complexes serving low-income individuals and families. This press release features multimedia.
Freddie Mac (FMCC) recently priced a new offering of Structured Pass-Through Certificates, which are multifamily mortgage-backed securities. K-1520 Pricing Details Related Links The K-1520 Certificates are backed by corresponding classes issued by the FREMF 2021-K1520 Mortgage Trust and guaranteed by Freddie Mac.
Federal Home Loan Mortgage Corp : * FREDDIE MAC PRICES APPROXIMATELY $1.2 BILLION SECURITIZATION OF RE-PERFORMING LOANS Source text for Eikon: Further company coverage:
Freddie Mac (FMCC) today announced pricing of the first Seasoned Credit Risk Transfer Trust offering of 2021?a securitization of approximately $1.2 billion including both guaranteed senior and unguaranteed subordinate securities backed by a pool of seasoned re-performing loans.
Federal National Mortgage Association: * FANNIE MAE ANNOUNCES TWENTIETH SALE OF REPERFORMING LOANS. * FANNIE MAE (FNMA) - SALE CONSISTS OF ABOUT 24,900 LOANS, HAVING UNPAID PRINCIPAL BALANCE OF ABOUT $4.3 BILLION, & IS AVAILABLE FOR PURCHASE BY QUALIFIED BIDDERS Source text for Eikon: Further company coverage:
WASHINGTON, April 8, 2021 ?Fannie Mae? today began marketing its twentieth sale of reperforming loans as part of the company's ongoing effort to reduce the size of its retained mortgage portfolio. The sale consists of approximately 24,900 loans, having an unpaid principal balance of approximately $4.3 billion, and is available for purchase by qualified bidders.
Freddie Mac (FMCC) today released the results of its Primary Mortgage Market Survey??, showing that the 30-year fixed-rate mortgage averaged 3.13 percent. ?After moving up for seven consecutive weeks, mortgage rates have dropped due to the recent, modest decline of U.S. Treasury yields,? said Sam Khater, Freddie Mac?s Chief Economist.
BETHESDA, Md., April 7, 2021 ?Walker & Dunlop (WD), Inc.?announced today that it hired Suzanne Jones as a Senior Director in its Agency financing group, which focuses on the nationwide origination of Fannie Mae and Freddie Mac multifamily loans.
Conference Call Scheduled for Thursday, April 22, at 8 a.m. ET Sallie Mae? will release first-quarter financial results after market close on Wednesday, April 21, 2021. The company will host a conference call on Thursday, April 22, 2021, at 8 a.m. ET. A live audio webcast and presentation slides will be available at SallieMae.com/investors.
Kroll Bond Rating Agency releases the March 2021 issue of CMBS Trend Watch. CMBS private label pricing volume ended the month of March at $6.6 billion, bringing the year-to-date issuance total to $15.2 billion. In March, KBRA published pre-sales for six deals including two conduits, one Freddie Mac K-Series, and three CRE CLOs.
Federal National Mortgage Association : * FANNIE MAE (FNMA) - FANNIE MAE HOME PURCHASE SENTIMENT INDEX INCREASED IN MARCH TO 81.7 Source text for Eikon: Further company coverage:
WASHINGTON, April 7, 2021 The Fannie Mae Home Purchase Sentiment Index? increased in March by 5.2 points to 81.7. Four of the HPSI's six components increased month over month, including the components related to homebuying and home-selling conditions, household income, and home prices.
Federal Home Loan Mortgage Corp : * FREDDIE MAC PRICES $908 MILLION MULTIFAMILY K-DEAL, K-F106. * FREDDIE MAC (FMCC) - ABOUT $908 MILLION IN K CERTIFICATES ARE EXPECTED TO SETTLE ON OR ABOUT APRIL 15, 2021 Source text for Eikon: Further company coverage:
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-F106 Pricing Details Related Links The K-F106 Certificates will not be rated and will include one senior principal and interest class and one interest-only class that is also entitled to static prepayment premiums.
Federal Home Loan Bank of Atlanta and Truliant Federal Credit Union announced today that Truliant has become the first financial institution in the Southeast to complete a transfer of an electronic promissory note to FHLBank Atlanta.
Federal National Mortgage Association : * FANNIE MAE ANNOUNCES THE RESULTS OF ITS NINETEENTH REPERFORMING LOAN SALE TRANSACTION. * FANNIE MAE (FNMA) - TRANSACTION IS EXPECTED TO CLOSE ON MAY 14, 2021 Source text for Eikon: Further company coverage:
Cenlar FSB, the nation?s leading mortgage loan subservicer and federally chartered wholesale bank, has received Fannie Mae?s Servicer Total Achievement and Rewards? performer recognition for the 2020 STAR Program in the General Servicing category. The STAR Program recognizes top performing mortgage servicers that provide outstanding customer service and overall operational excellence.
Federal Home Loan Mortgage Corp : * FREDDIE MAC PRICES $943 MILLION MULTIFAMILY K-DEAL, K-F105. * FREDDIE MAC (FMCC) - ABOUT $943 MILLION IN K CERTIFICATES ARE EXPECTED TO SETTLE ON OR ABOUT APRIL 13, 2021 Source text for Eikon: Further company coverage:
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-F105 Pricing Details Related Links The K-F105 Certificates will not be rated and will include one senior principal and interest class and one interest-only class that is also entitled to static prepayment premiums.
Federal Home Loan Mortgage Corp : * FREDDIE MAC (FMCC) - HOMEBUYER DEMAND HAS GONE FROM 25% ABOVE PRE-COVID LEVELS AT START OF YEAR, WHEN MORTGAGE RATES HIT RECORD LOWS, TO 8% ABOVE PRE-COVID LEVELS TODAY Source text for Eikon: Further company coverage:
Freddie Mac (FMCC) today released the results of its Primary Mortgage Market Survey??, showing that the 30-year fixed-rate mortgage averaged 3.18 percent. ?Although mortgage rates remain low, we are beginning to see a pullback by those looking to enter the housing market,? said Sam Khater, Freddie Mac?s Chief Economist.
The Federal Home Loan Bank of San Francisco announced March 31, 2021, that the 11th District Monthly Weighted Average Cost of Funds Index for February 2021 is 0.408%. The index for January 2021 was 0.457%. As previously announced, the Bank will no longer calculate the COFI after the publication of the December 2021 index on January 31, 2022, because of the significant decline in the number of f...
Federal National Mortgage Association : * FANNIE MAE (FNMA) - FANNIE MAE'S GUARANTY BOOK OF BUSINESS INCREASED AT A COMPOUND ANNUALIZED RATE OF 6.5% IN FEBRUARY. * FANNIE MAE (FNMA) - CONVENTIONAL SINGLE-FAMILY SERIOUS DELINQUENCY RATE DECREASED 4 BASIS POINTS TO 2.76% IN FEBRUARY. * FANNIE MAE (FNMA) - MULTIFAMILY SERIOUS DELINQUENCY RATE DECREASED 12 BASIS POINTS TO 0.84% IN FEBRUARY.
WASHINGTON, March 31, 2021 ?Fannie Mae's? February 2021 Monthly Summary is now available. About Fannie MaeFannie Mae (FNMA) helps make the 30-year fixed-rate mortgage and affordable rental housing possible for millions of people in America. Fannie Mae Newsroomhttps://www.fanniemae.com/newsroom.
Home Bank and FHLB Dallas Provide Funds to Five Louisiana Organizations. Home Bank and the Federal Home Loan Bank of Dallas have awarded Affordable Housing Program subsidies that will allow 365 housing properties to be renovated or built in the state.
BankPlus and FHLB Dallas Provide Funds for Mostly Rural Homeowners. BankPlus and the Federal Home Loan Bank of Dallas have awarded a $596,160 Affordable Housing Program subsidy to Community Students Learning Center to rehabilitate 60 homes for low-income, special-needs homeowners.
Federal Home Loan Bank of Atlanta today announced the retirement of W. Wesley McMullan as President and CEO, effective May 27, 2021. McMullan has led the Bank since 2010. ?We are sincerely grateful for Wes?s 33 years of service and dedication to the Bank and to the FHLBank System,? said Rick Whaley, chair of the FHLBank Atlanta board of directors.
A new analysis from Freddie Mac Multifamily examines how expanded unemployment benefits and federal stimulus payments affected unemployed renters? income during COVID-19 and its potential impact on the ability to pay rent.
Home Point Capital Inc (HMPT): * Home Point Capital Inc (HMPT) - ON MARCH 24, UNIT OF CO ENTERED INTO A MASTER REPURCHASE AGREEMENT. * Home Point Capital Inc (HMPT) - MASTER REPURCHASE AGREEMENT PROVIDES FOR COMMITTED FINANCING OF $250.0 MILLION. * HOME POINT CAPITAL (HMPT) - AGREEMENT PROVIDES FOR TRANSACTION LIMIT OF $500.0 MILLION FOR ORIGINATION OF GOVERNMENT-SPONSORED ENTERPRISE ELIGIBLE MORTGAGE LOANS.
Federal National Mortgage Association : * FANNIE MAE PRICES $715 MILLION GREEN MULTIFAMILY DUS REMIC UNDER ITS GEMS PROGRAM 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.
Publication Date