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FMY News and Press, First Trust Motgage Income Fund of Beneficial Interest From 10/20/20

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

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

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 November 16, 2020, to shareholders of record as of November 3, 2020. The ex-dividend date is expecte...

FMY - First Trust Closed-End Funds Announce the Board's Approval of Amended and Restated By-Laws of the Funds

Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund (NYSE: MFD) First Trust Senior Floating Rate Income Fund II (NYSE: FCT) First Trust Energy Income and Growth Fund (NYSE American: FEN) First Trust Enhanced Equity Income Fund (NYSE: FFA) First Trust...

FMY - An Update On The Non-Agency MBS Sector

NAVs in the non-agency mortgage space continue to recover as the underlying securities slowly inch back to prior levels. It will take time - likely another six to 18 months before many of these NAVs recover to pre COVID-19 levels. Opportunistically buying during the volatility wil...

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

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 October 15, 2020, to shareholders of record as of October 2, 2020. The ex-dividend date is expected ...

FMY - Real estate investors skip some loan payments, raise billions for new deals

Some real estate investors are skipping payments on debt backing properties that were hurt the worst by the pandemic while at the same time raising funds for new opportunities that were created by the health crisis, Bloomberg reports. More news on: Brookfield Property Partners L.P., Colo...

FMY - Number of homeowners in forbearance resumes decline: Black Knight

The number or active mortgage forbearance plans for the week ended June 30 have fallen to the lowest point since the first week of May, according to Black Knight's McDash Flash Forbearance Tracker. More news on: New Residential Investment Corp., Ocwen Financial Corporation, Mr. Cooper Gr...

FMY - Mortgage rates fall to new record low

30-year fixed-rate mortgage averages 3.07% for the week ending July 2, down from 3.13% in the previous week and 3.75% at this time a year ago, according to the Freddie Mac Primary Mortgage Market Survey. More news on: iShares U.S. Home Construction ETF, D.R. Horton, Inc., KB Home, Finan...

FMY - Homeowners in forbearance rise after three weeks of dropping: Black Knight

Overall, the number of homeowners in active forbearance rose this week after three straight weeks of declines, according to Black Knight's McDash Flash Forbearance Tracker. More news on: New Residential Investment Corp., Mr. Cooper Group Inc., PennyMac Financial Services, Inc., Financial...

FMY - Mortgage rates hold at record lows

30-year fixed-rate mortgage averages 3.13% for the week ending June 25, 2020, unchanged from the previous week, and down from 3.73% at this time a year ago, according to the Freddie Mac Primary Mortgage Market Survey. More news on: KB Home, Toll Brothers, Inc., PulteGroup, Inc., Financi...

FMY - First Trust Mortgage Income Fund declares $0.06 dividend

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...

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