FMY News and Press, First Trust Motgage Income Fund of Beneficial Interest From 06/22/20

First Trust Mortgage Income Fund (NYSE: FMY ) declares $0.06/share monthly dividend , in line with previous. Forward yield 5.24% Payable July 15; for shareholders of record July 2; ex-div July 1. See FMY Dividend Scorecard, Yield Chart, & Dividend Growth. More news on: Firs...

Commercial Mortgage-Backed Securities backed by hotel and mall properties get hit the hardest. Mall-REIT CBL failed to make bond interest payment Tuesday. The delinquency rate for commercial mortgage-backed securities ((CMBS)) spiked from 2.29% in April to 7.15% in May by loan balance, ac...

YTD, the Bloomberg Barclays U.S. MBS Index excess return vs. Treasurys was -0.31% as of Friday, the worst showing over a similar period in seven years, also when the Fed was buying mortgage securities. More news on: Western Asset Mortgage Defined Opportunity Fund, Principal Real Estate I...

(This is our Weekly Commentary from May 3. All data is from that date. We send out our Weekly Commentaries every Sunday evening). Macro Picture Equities ended the week mixed although the last two days were fairly weak, ending on a dour note. There's clearly a tug of war going on as inves...

Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund (NYSE: MFD), First Trust Energy Income and Growth Fund (NYSE American: FEN), First Trust Enhanced Equity Income Fund (NYSE: FFA), First Trust Mortgage Income Fund (NYSE: FMY), First Trust/Aberdeen Emerging Opport...

The current market environment has affected retirees more than at any other time since the Great Recession of 2008. Yield Hunting has repeatedly stressed that Sequence of Returns Risk is one of the greatest, if not greatest, risk to the longevity of a retirees portfolio. Sequence of Retur...

(The following is our weekly commentary published each Sunday evening to our members. This is from April 12th, 2020) Macro Picture Stocks again recorded one of their best weekly gains on record as investors saw encouraging trends in the virus spread data. The flattening of the curve is...

Even with the forbearance to homeowners that's included in coronavirus-related legislation, the explicit Ginnie Mae wrap and GSEs' line of credit at the U.S. Treasury will protect the timely payment of principal and interest to mortgage backed securities investors, write JPMorgan MBS analyst...

Keefe Bruyette & Woods analyst Bose George suggests a mortgage payment moratorium to deal with a potentially massive spike in delinquencies as workers lose jobs and fall behind on mortgage payments as a result of the spread of Covid-19. More news on: UBS ETRACS Monthly Pay 2x Leveraged...

The significant turmoil seen in financial markets over the past couple of weeks has led some investors to use the U.S. mortgage market as a source of liquidity, pushing valuations down to levels that have brought back memories of 2008. The recent dislocation is one of the most rapid and severe...