Technology

Fannie Mae Announces Winner of Twenty-Eighth Community Impact Pool of Non-Performing Loans

Published

1 hour ago

September 29, 2026

WASHINGTON, Sept. 29, 2026 /PRNewswire/ — Fannie Mae (OTCQB: FNMA) today announced the results of its twenty-eighth Community Impact Pool (CIP) of non-performing loans. The transaction, announced on August 19, 2026, included the sale of 24 loans totaling $6,200,360 in unpaid principal balance (UPB), offered in one pool, geographically located in the Dallas-Ft. Worth area. The transaction is expected to close on November 19, 2026. VRMTG ACQ, LLC was the winning bidder. BofA Securities, Inc. marketed the pool as advisor.

The CIP included 24 loans with an aggregate UPB of $6,200,360; average loan size of $258,348; weighted average note rate of 4.26%; and weighted average broker’s price opinion (BPO) loan-to-value ratio of 59%.

The cover bid, which is the second highest bid for the pool, was 94.0740% of UPB (55.22% of BPO).

All purchasers of Fannie Mae non-performing loan pools are required to honor any approved or in-process loss mitigation efforts at the time of sale, including loan modifications. In addition, purchasers must offer delinquent borrowers a waterfall of loss mitigation options, including loan modifications, which may include principal forgiveness, prior to initiating foreclosure on any loan not secured by property which is vacant or condemned at the time of closing. In the event a foreclosure cannot be prevented, the owner of the loan must market the property to owner-occupants and non-profits first, similar to Fannie Mae’s FirstLook® program.

Interested bidders can register for ongoing announcements, training, and other information here. Fannie Mae will also post information about specific pools available for purchase on that page.

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SOURCE Fannie Mae

Technology

Wesco Named to Fortune’s 2026 AIQ75 List

Published

1 hour ago

September 29, 2026

PITTSBURGH, Sept. 29, 2026 /PRNewswire/ — Wesco International (NYSE:WCC), a leading provider of business-to-business distribution, logistics services and supply chain solutions, has been recognized by Fortune Magazine as a member of the Fortune AIQ 75™, a list that recognizes the top 75 Fortune 500 companies for their readiness and ability to deploy AI at scale.

Wesco earned the #24 spot on the Fortune AIQ 75 list, a ranking that is determined by combining measures of enterprise AI maturity with real-world evidence of how companies are investing in and applying AI. Measurements are based on the result of evaluations from Fortune – in partnership with Enterprise Technology Research (ETR) and leveraging ServiceNow’s Enterprise AI Maturity Index- which assess an organization’s AI investments, outcomes and reputation among industry peers.

Fortune also states that companies recognized on the AIQ 75 list are both putting governance and visibility at the center of their AI strategy, leveraging the context and control of their agents to deliver impactful results that position their organizations for competitive advantage.

“We prioritize AI as a strategic enabler of growth, productivity and customer value, while maintaining a strong focus on governance and innovation. Our inclusion on Fortune’s AIQ 75 list recognizes the progress Wesco has made in translating AI investments into enterprise-wide impact and positioning the company for continued success in an increasingly digital world,” said John Engel, Chairman, President and CEO.

The Wesco team is grateful for this recognition of our commitment to building the capabilities, governance and culture needed to leverage AI at scale. We look forward to continuing to advance AI initiatives that improve how we serve customers, empower our teams and drive sustainable business performance.

About Wesco
Wesco International (NYSE: WCC) builds, connects, powers and protects the world. Headquartered in Pittsburgh, Pennsylvania, Wesco is a FORTUNE 500® company with approximately $24 billion in annual sales in 2025 and a leading provider of business-to-business distribution, logistics services and supply chain solutions. Wesco offers a best-in-class product and services portfolio of Electrical and Electronic Solutions, Communications and Security Solutions, and Utility and Broadband Solutions. The Company employs approximately 21,000 people, partners with the industry’s premier suppliers, and serves thousands of customers around the world. With millions of products, end-to-end supply chain services, and significant digital capabilities, Wesco provides innovative solutions to meet customer needs across commercial and industrial businesses, technology companies, telecommunications providers, and utilities. Wesco operates more than 700 sites, including distribution centers, fulfillment centers, and sales offices in approximately 50 countries, providing a local presence for customers and a global network to serve multi-location businesses and global corporations.

Contact Information
Jennifer Sniderman
Vice President, Corporate Communications
jennifer.sniderman@wescodist.com

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SOURCE Wesco International

Technology

Simmons First National Corporation Announces Third Quarter 2026 Earnings Release Date and Conference Call

Published

1 hour ago

September 29, 2026

PINE BLUFF, Ark., Sept. 29, 2026 /PRNewswire/ — Simmons First National Corporation (NASDAQ: SFNC) today announced it is scheduled to release third quarter 2026 earnings after the market closing on Thursday, October 15, 2026. Management will conduct a live conference call to review this information beginning at 7:30 a.m. Central Time on Friday, October 16. Interested parties can listen to the call by dialing toll-free 1-844-481-2779 (North America only) and asking for the Simmons First National Corporation conference call, conference ID 10212015. In addition, the call will be available live or in recorded version on our website at simmonsbank.com under the “Investor Relations” tab. The recorded version will be available for at least 60 days following the date of the call.

Simmons First National Corporation
Simmons First National Corporation (NASDAQ: SFNC) is a Mid-South based financial holding company that has paid cash dividends to its shareholders for 117 consecutive years. Its principal subsidiary, Simmons Bank, operates 220 branches in Arkansas, Kansas, Missouri, Oklahoma, Tennessee and Texas. Founded in 1903, Simmons Bank offers comprehensive financial solutions delivered with a client-centric approach. Recently, Simmons Bank was recognized by Newsweek as one of America’s Best Regional Banks and Credit Unions 2026 and by Forbes as one of America’s Best-In-State Companies 2026. In 2025, Simmons Bank was recognized by Newsweek as one of America’s Greatest Workplaces 2025 in Arkansas and one of America’s Best Regional Banks 2025, and by U.S. News & World Report as one of the 2024-2025 Best Companies to Work For in the South. Additional information about Simmons Bank can be found on our website at simmonsbank.com, by following @Simmons_Bank on X or by visiting our newsroom.

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SOURCE Simmons First National Corporation

Technology

/UPDATE — Canadian Space Agency/

Published

1 hour ago

September 29, 2026

In the news release, Media Advisory – Launch of Canadian Space Agency astronaut Joshua Kutryk to the International Space Station, issued 29-Sep-2026 by Canadian Space Agency over PR Newswire, we are advised by the company that changes have been made. The complete, corrected release follows, with additional details at the end:

Media Advisory – Launch of Canadian Space Agency astronaut Joshua Kutryk to the International Space Station

LONGUEUIL, QC, Sept. 29, 2026 /CNW/ — Canadian Space Agency (CSA) astronaut Colonel Joshua Kutryk will soon travel to the International Space Station on the Crew-13 mission aboard a SpaceX Dragon crew spacecraft. Launch is targeted for no earlier than October 1, 2026, at 11:10 am ET.

Launch in Florida

The Honourable Mélanie Joly, Minister of Industry and Minister responsible for Canada Economic Development for Quebec Regions, will attend the launch at Kennedy Space Center in Florida and will be available for interviews.

Only media representatives who have already been accredited may attend the launch at Kennedy Space Center.

September 30, 2026

5:00 pm ET

Pre-launch news conference (live from Kennedy Space Center)
including Mathieu Caron, CSA representative and Director of Astronauts’ Office

October 1, 2026

11:10 am ET

Launch

12:45 pm ET

Post-launch news conference (live from Kennedy Space Center)
including Mathieu Caron, CSA representative and Director of Astronauts’ Office

7:00 pm ET

Docking of the SpaceX Dragon crew spacecraft to the International Space Station

8:45 pm ET

Hatch opening followed by remarks from the crew

Live launch coverage at CSA headquarters

Media are also invited to the John H. Chapman Space Centre in Longueuil for live launch coverage, featuring expert commentary and opportunities for interviews.

Media must present a press card at both the gate and the reception desk. Please arrive early to allow time for security screening. The event will also be livestreamed on the CSA’s YouTube channel. The original feed, without interpretation, will be available as well.

Following the launch, the CSA Conference Centre will remain accessible for media interested in watching post-launch events.

Date:

October 1, 2026

Time:

10:30 am ET

Where:

Marc Garneau Conference Centre

John H. Chapman Space Centre

6767 Route de l’Aéroport

Longueuil, Quebec

Media who have questions about any of the events are asked to contact the Media Relations Office.

Additional information