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JLS News and Press, Nuveen Mortgage Opportunity Term Fund From 04/05/19

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Company Name: Nuveen Mortgage Opportunity Term Fund
Stock Symbol: JLS
Market: NYSE

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JLS - CMBS losses may pile up if malls don't refinance: Fitch

Commercial mortgage-backed securities that were issued soon after the 2008 financial crisis may see big losses if troubled mall loans aren't refinanced before they mature in 2020, according to Fitch Ratings. More news on: Western Asset Mortgage Defined Opportunity Fund, TCW Strategic Inc...

JLS - 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 ...

JLS - Nuveen declares monthly distribution on closed-end funds

Nuveen High Income November 2021 Target Term Fund (NYSE: JHB ) - $.0415. More news on: Nuveen High Income November 2021 Target Term Fund, Nuveen Credit Opportunities 2022 Target Term Fund, Nuv High Inm 23 Shs of Benef Interest, Dividend News Read more ...

JLS - 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...

JLS - 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...

JLS - 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...

JLS - 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. ...

JLS - 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...

JLS - 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...

JLS - Nuveen Mortgage Closed-End Funds Announce Proposed Merger and 100 Percent Tender Offer

The Board of Trustees of Nuveen Mortgage Opportunity Term Fund (NYSE: JLS) and Nuveen Mortgage Opportunity Term Fund 2 (NYSE: JMT), in light of the upcoming scheduled termination of each fund, have approved a proposal that will allow shareholders to either continue their investment through a...

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