NYSE:JLS - New York Stock Exchange, Inc. - US6707351093 - Currency: USD
While Q1 2020 saw overall refinance lending climb to a seven-year high, the number of cash-out refinances, as well as the dollar value of equity withdrawn via refinance, fell for the first time since early 2019, according to Black Knight's Data & Analytics division.Says 90% of homeowners with tappable equity now have first lien rates above the prevailing market average, and more than 75% have rates over 3.5%.Cash-outs accounted for just 42% of refinance loans in Q1, roughly half of what was seen at the recent high in Q4 2018 and the lowest such share since Q1 2016. "Despite rising delinquencies cutting into the number of homeowners who would otherwise meet broad-based eligibility requirements to refinance, some 13.6M homeowners still meet those criteria, which include being current on their mortgage, and could shave at least 0.75% off their first lien rates by refinancing," said Black Knight Data & Analytics President Ben Graboske.ETFs: REM, MORT, DMO, PGZ, TSI, JLS
Nuveen Mortgage and Income Fund (NYSE:JLS) declares $0.068/share monthly dividend, -25.3% decrease from prior dividend of $0.091.Forward yield 4.37%Payable July 1; for shareholders of record June 15;
Nuveen Mortgage and Income Fund (NYSE:JLS) declares $0.091/share monthly dividend, in line with previous.Forward yield 6.28%Payable June 1; for shareholders of record May 15; ex-div May 14.See JLS Div
Nuveen Mortgage and Income Fund (NYSE:JLS) declares $0.091/share monthly dividend, in line with previous.Forward yield 6.48%Payable May 1; for shareholders of record April 15; ex-div April 14.See JLS
The New York Fed plans to buy ~$40B of agency MBS per day next week, Bloomberg reports, citing the NY Fed's website.That's $10B less than the $50B target seen March 23-27.During the week, the purchase
The New York Fed will conduct an additional $15B of MBS purchase operations this afternoon across two operations for regular TBA settlement.That's in addition to the $32B of purchases it announced las
Nuveen Mortgage and Income Fund (NYSE:JLS) declares $0.091/share monthly dividend, -19.8% decrease from prior dividend of $0.114.Forward yield 4.88%Payable April 1; for shareholders of record March 13
Morgan Stanley mortgage-backed securities analysts change their recommendation on the sector to overweight from neutral, citing attractive starting valuations and a supportive rate outlook, writes Chr
Nuveen Mortgage Opportunity Term Fund (NYSE:JLS) had declared $0.1135/share monthly dividend, in line with previous.Forward yield 6.03%Payable Dec. 2; for shareholders of record Nov. 15; ex-div Nov. 1
Mentions: JMT
Nuveen Mortgage Opportunity Term Fund (NYSE:JLS) declares $0.1135/share monthly dividend, in line with previous.Forward yield 5.91%Payable Nov. 1; for shareholders of record Oct. 15; ex-div Oct. 14.Se
Nuveen Mortgage Opportunity Term Fund (NYSE:JLS) declares $0.1135/share monthly dividend, in line with previous.Forward yield 5.91%Payable Oct. 1; for shareholders of record Sept. 13; ex-div Sept. 12.
Mentions: JMT
Nuveen Mortgage Opportunity Term Fund (NYSE:JLS) declares $0.1135/share monthly dividend, in line with previous.Forward yield 5.86%.Payable Aug. 1; for shareholders of record July 15; ex-div July 12.P