JLS News and Press, Nuveen Mortgage Opportunity Term Fund From 02/28/19

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...

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...

Among topics discussed at FOMC's January meeting was what to do with principal payments received from mortgage-backed securities. More news on: UBS ETRACS Monthly Pay 2x Leveraged Mortgage REIT ETN, iShares Mortgage Real Estate Capped ETF, VanEck Vectors Mortgage REIT Income ETF, Financi...

Mortgage refinancing rose in January from December, but is expected to subside as home purchases pick up relative to refinances in the busier spring months. More news on: UBS ETRACS Monthly Pay 2x Leveraged Mortgage REIT ETN, iShares Mortgage Real Estate Capped ETF, VanEck Vectors Mortga...

U.S. mortgage rates move down ahead of the spring homebuying season, with the 30-year fixed-rate mortgage falling to a 10-month low. More news on: SPDR Homebuilders ETF, iShares U.S. Home Construction ETF, Invesco Dynamic Building & Construction Portfolio ETF, Financial stocks news, Ne...

via Christopher Maloney at Bloomberg More news on: UBS ETRACS Monthly Pay 2x Leveraged Mortgage REIT ETN, iShares Mortgage Real Estate Capped ETF, VanEck Vectors Mortgage REIT Income ETF, News on ETFs Read more ...

Bloomberg Barclays U.S. MBS Index in January saw excess return vs. Treasuries of 32 basis points, its best monthly tally since 35-bps increase in September 2017. More news on: Western Asset Mortgage Defined Opportunity Fund, TCW Strategic Income Fund, Principal Real Estate Inc Fund, Financ...

Homebuilders' stocks gain strongly after new home sales reached a nine-month high in November, and October's number was revised upward. More news on: iShares U.S. Home Construction ETF, D. R. Horton Inc., KB Home, Stocks on the move, Financial stocks news, News on ETFs, Read more ......

30-year fixed-rate mortgage averages 4.45% for the week ending Jan. 24, 2019, unchanged from the previous week, according to Freddie Mac's Primary Mortgage Survey. More news on: iShares U.S. Home Construction ETF, D. R. Horton Inc., KB Home, Financial stocks news, News on the U.S. economy,...

Unconventional mortgages--once blamed for contributing to the housing meltdown 10 years ago--are making a comeback as lenders look for new borrowers to drive growth, the Wall Street Journal reports. More news on: Western Asset Mortgage Defined Opportunity Fund, Nuveen Mortgage Opportun...