NYSE:DMO

Western Asset Mortgage Defined Opportunity Fund Stock News

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$10.55
-0.120 (-1.12%)
At Close: Jun 23, 2026

Where We Can Find Double-Double Discounts

12:00pm, Monday, 27'th Apr 2020
Illiquidity has cratered some areas of the bond market and the prices have yet to recover.  Right now some of these areas look far more attractive than stocks.

5 Best CEFs To Buy This Month (April 2020)

01:31pm, Saturday, 25'th Apr 2020
It's challenging to contemplate buying anything right now, much less closed-end funds. But there's a lot of value out there. For income investors, closed-end fu
Goldman Sachs Group's (GS +0.2%) move to snap up mortgage bonds amid panic selling almost certainly made money after the Fed introduced a stimulus to stabilize the market, Bloomberg reports.The Wall S

Mortgages in forbearance continue to climb

03:02pm, Friday, 24'th Apr 2020
Another half million homeowners entered forbearance plans within the last week, Black Knight figures, boosting the percentage of all mortgages in forbearance to 6.4% as of April 23 vs. 5.5% as of Apri
30-year fixed-rate mortgage average 3.33% for the week ending April 23, 2020, up slightly from 3.31% in the previous week and vs. 4.20% at this time a year ago, according the the Freddie Mac Primary M
Some areas of the bond market are receiving Fed support. Others are not, but may in the future. It can pay to know which areas have implicit Fed support through
23 out of 23 CEF sectors positive on price and 23 out of 23 sectors positive on NAV this week. CEFs stage massive relief rally. GER/GMZ announce reverse share s

Mortgage rates hover near all-time lows

03:07pm, Thursday, 16'th Apr 2020
30-year fixed-rate mortgage averages 3.31% for the week ending April 16, down from 3.33% in the prior week and 4.17% at this time a year ago, according to the Freddie Mac Primary Mortgage Market Surve
Michael Kagan of ClearBridge Investments outlines quality retail, medical and packaging companies.
Today is the first day independent contractors and self-employed individuals can apply for the $349 billion Paycheck Protection Program.

Quality Buy List For When We Are Ready

11:00am, Friday, 10'th Apr 2020
I just want to reiterate to members that I am not buying (other than a few individual muni bonds and preferred stocks). And I do not necessarily advocate buying

Mortgage rates take a breather

02:47pm, Thursday, 09'th Apr 2020
30-year fixed-rate mortgage averaged 3.33% for the week ending April 9, unchanged from the previous week and down from 4.12% at this time a year ago, according to the Freddie Mac Primary Mortgage Mark
Western Asset Mortgage Opportunity Fund Inc. (the "Fund") (NYSE: DMO) announced today that the 2020 Annual Meeting of Stockholders (the "Meeting") of the Fund originally scheduled for Friday, April 17
As unemployment rises due to efforts to slow the spread of the coronavirus, the number of homeowners appealing to mortgage companies for more time to pay has soared in recent weeks, according to data
As many as 30% of Americans with a home mortgage, or 15M households, could stop paying if the U.S. economy stays closed through the summer or later, estimates Mark Zandi, chief economist for Moody's.S
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