NYSE:TSI - New York Stock Exchange, Inc. - US8723401043 - Currency: USD
During Thursday, 166 stocks hit new 52-week lows. 52-Week Low Highlights: Alibaba Group Holding (NYSE:BABA) was the largest firm on a market cap basis to set a new 52-week...
Mortgage giants Fannie Mae (OTCQB:FNMA -0.9%) and Freddie Mac (OTCQB:FMCC -1.6%) will extend buying qualified loans in forbearance and several loan origination flexibilities until Sept.
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refinance lending climb to a seven-year high, the number of cash-out refinances, as well as the dollar value of equity withdrawn via refinance, fell for the first time since early 2019, according to Black Knight's Data & Analytics division.Says 90% of homeowners with tappable equity now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
TCW Strategic Income Fund (NYSE:TSI) declares $0.0906/share quarterly dividend, 11.4% increase from prior dividend of $0.0813.Forward yield 6.4%Payable July 10; for shareholders of record June 30; ex-
The Fed vowed in its monetary policy statement to increase its Treasury and agency MBS holdings.As a result, the New York Fed's Open Market Trading Desk plans to continue to increase System Open Marke
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
TCW Strategic Income Fund (NYSE:TSI) declares $0.0813/share quarterly dividend, -2.9% decrease from prior dividend of $0.0837.Forward yield 5.85%Payable April 13; for shareholders of record March 31;