Western Asset Mortgage Defined Stock News

The Federal Reserve's efforts to shore up the mortgage-backed securities markets are unintentionally hurting mortgage lenders who have hedged against the drops in MBS prices.The Fed's large-scale buyi

After last week's mini-spike, mortgage rates settle after the Fed takes action to stabilize the market.30-year fixed-rate mortgage averages 3.50% for the week ending March 26, vs. 3.65% a week earlier

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 payment

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,

It's challenging to contemplate buying anything right now, much less closed-end funds. But it's usually the darkest before the dawn. For income investors, close

The New York Fed will conduct an additional $15B of MBS purchase operations this afternoon across two operations for regular TBA settlement.That's in addition to the $32B of purchases it announced las

30-year fixed-rate mortgage averages 3.65%, up 29 basis points from 3.36% from the prior week, according to the Freddie Mac Primary Mortgage Market Survey.Compares with 4.28% a year ago.“Mortgage ra

How the COVID-19 pandemic could change the 401(k) market

We look at funds and provide commentary on CEFs that have held up the best since this debacle began four weeks ago. We also screened the funds that have seen th

With mortgage rates near record lows, mortgage lenders expect strong demand for both purchase and refinance mortgages to boost profitability, with operational efficiency cited by lenders as the second

The February Vanguard Model Portfolio is updated with the recent data from turbulent markets to see how it has held up. Mutual Fund Observer Risk and Performanc

12 out of 23 CEF sectors positive on price and 8 out of 23 sectors positive on NAV this week. Franklin Resources buys Legg Mason. HQH and GGZ boosts their distr

The Mortgage Bankers Association revises its mortgage originations forecast to $2.61T from its previous $1.99T projection to reflect an expected surge in refinancing due to record low mortgage rates.

CEF discounts continue their retracement this week, bouncing off the wides registered last Friday. Although this sharp reversal is surely disappointing to CEF i