$17.85
-0.220 (-1.22%)
At Close: Jun 03, 2026
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
QE-4 Cut in Half this Week. Fed’s Helicopter Money for Wall Street & the Wealthy Hits $1.8 Trillion in 4 Weeks
04:51am, Friday, 10'th Apr 2020
Regular folks need not apply.
The following Nuveen closed-end funds (each, a "Fund" and collectively, the "Funds") announced today that each Fund’s 2020 Annual Meeting of Shareholders (the "Meeting") has been postponed and that
Mortgage lenders brace for record wave of delinquencies
05:26pm, Thursday, 02'nd Apr 2020
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
Mortgage rates fall as market liquidity improves
02:14pm, Thursday, 02'nd Apr 2020
30-year fixed-rate mortgage averages 3.33% for the ending April 2, down from 3.50% in the previous week and 4.08% at this time a year ago, according to the Freddie Mac Primary Mortgage Market Survey.T
Mortgage forbearance won't be credit event for MBS investors, JPM says
06:00pm, Monday, 30'th Mar 2020
Even with the forbearance to homeowners that's included in coronavirus-related legislation, the explicit Ginnie Mae wrap and GSEs' line of credit at the U.S. Treasury will protect the timely payment o
Mortgage bankers ask SEC for rescue from margin call surge
02:45pm, Monday, 30'th Mar 2020
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
Mortgage rates fall after Fed swoops in
02:14pm, Thursday, 26'th Mar 2020
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
Term CEFs For A Lower Risk Investment Strategy
11:26am, Tuesday, 24'th Mar 2020
We take a look at the performance of term funds in the current drawdown relative to their sectors. We find that by and large term funds have outperformed their
KBW sees mortgage payment moratorium neutral to agency MBS investors
08:01pm, Monday, 23'rd Mar 2020
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
Fed announces unlimited purchases of MBS and Treasuries, adds multifamily mortgages
06:18pm, Monday, 23'rd Mar 2020
The Fed announced it will buy unlimited amounts of Treasuries and agency mortgages to grease the wheels of the credit markets.
EUR/USD: FED Unlimited QE Sees Euro Gains But Nordea Unwilling To Call For Weaker Dollar Outlook
04:00pm, Monday, 23'rd Mar 2020
EUR/USD: FED Unlimited QE Sees Euro Gains but Nordea Unwilling to Call for Weaker Dollar Outlook
Mortgage Market: With A Little Help From The Fed
05:20pm, Sunday, 22'nd Mar 2020
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,
New York Fed adds $15B to MBS purchase operations today
06:03pm, Friday, 20'th Mar 2020
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
Optimized CEF Portfolios Outperform In The Drawdown
01:04pm, Friday, 20'th Mar 2020
We revisit our yield-target optimized portfolios to see how they have performed during this drawdown. As expected, because these portfolios tend to tilt towards
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