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FMY News and Press, First Trust Motgage Income Fund of Beneficial Interest From 04/04/19

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Company Name: First Trust Motgage Income Fund of Beneficial Interest
Stock Symbol: FMY
Market: NYSE

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FMY - U.S. mortgage rates' decline takes a breather

The 30-year fixed-rate mortgage averaged 4.08% for the week ending April 4, up two basis points from 4.06% the previous week, according to Freddie Mac's Primary Mortgage Market Survey. More news on: UBS ETRACS Monthly Pay 2x Leveraged Mortgage REIT ETN, iShares Mortgage Real Estate Capped ...

FMY - FHA tightens standards for first-time home-buyer mortgages: WSJ

The Federal Housing Administration, which insures mortgage for some first-time home buyers, told lenders this month that it would begin flagging more loans as high risk, the Wall Street Journal reports. More news on: UBS ETRACS Monthly Pay 2x Leveraged Mortgage REIT ETN, iShares Mortga...

FMY - Freddie sees real estate market "thawing" this spring

Freddie Mac's March forecast sees single-family mortgage originations rising 1.6% to $1.67T in 2019 and remaining at a similar level in 2020. More news on: UBS ETRACS Monthly Pay 2x Leveraged Mortgage REIT ETN, iShares Mortgage Real Estate Capped ETF, SPDR Homebuilders ETF, News on the U...

FMY - First Trust Mortgage Income Fund Declares its Monthly Common Share Distribution of $0.06 Per Share for April

First Trust Mortgage Income Fund (the "Fund") (NYSE: FMY) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.06 per share payable on April 15, 2019, to shareholders of record as of April 2, 2019. The ex-dividend date is expected to be Apr...

FMY - Mortgage delinquency rate fell to 4.1% in December: CoreLogic

The percentage of U.S. mortgages that are in some stage of delinquency fell to 4.1% in December 2018, down 1.2 percentage points from a year earlier, according to CoreLogic's Loan Performance Insights Report. More news on: UBS ETRACS Monthly Pay 2x Leveraged Mortgage REIT ETN, iShares Mo...

FMY - Wall Street votes for Freddie/Fannie single security: WSJ

The proposed single mortgage-backed bond for Freddie Mac ( OTCQB:FMCC ) and Fannie Mae ( OTCQB:FNMA ) cleared its last hurdle when the Securities Industry and Financial Markets Association--Wall Street's largest trade group--voted for the new security, the Wall Street Journal reports. ...

FMY - U.S. mortgage rates rise

Mortgage rates' downward path ends, but they're still below the year-ago levels for the fourth straight week. More news on: UBS ETRACS Monthly Pay 2x Leveraged Mortgage REIT ETN, iShares Mortgage Real Estate Capped ETF, VanEck Vectors Mortgage REIT Income ETF, Financial stocks news, News o...

FMY - Freddie sees $1.69T single-family mortgage originations this year

Freddie Mac expects single-family mortgage originations to increase 2.6% to $1.69T in 2019 and stay at that level in 2020. More news on: UBS ETRACS Monthly Pay 2x Leveraged Mortgage REIT ETN, iShares Mortgage Real Estate Capped ETF, SPDR Homebuilders ETF, Financial stocks news, News on t...

FMY - 30-year mortgage rate drops to lowest in over a year: Freddie

U.S. mortgage rates dropped for third straight week, with the average 30-year fixed-rate mortgage rate dropping to its lowest weekly reading since Feb. 8, 2018, according to the Freddie Mac Primary Mortgage Market Survey. More news on: UBS ETRACS Monthly Pay 2x Leveraged Mortgage REIT ET...

FMY - First Trust Mortgage Income Fund Declares its Monthly Common Share Distribution of $0.06 Per Share for March

First Trust Mortgage Income Fund (the "Fund") (NYSE: FMY) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.06 per share payable on March 15, 2019, to shareholders of record as of March 4, 2019. The ex-dividend date is expected to be Mar...

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