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$5.66
-0.0200 (-0.352%)
At Close: Jun 03, 2026
Mortgage rate hits all-time low after Fed rescue - HousingWire
08:22pm, Thursday, 30'th Apr 2020
The average U.S. rate for a 30-year fixed mortgage fell to 3.23% this week, the lowest ever recorded by Freddie Mac in a series that goes back to 1971.
Quick Notes On Mortgage REITs Today
02:25pm, Thursday, 30'th Apr 2020
Price-to-book or price-to-NAV ratios are an important part of analyzing mortgage REITs. We've used these ratios extensively in our work. For this article we're
Read the Federal Reserve’s April statement
06:01pm, Wednesday, 29'th Apr 2020
The Federal Reserve has already reduced a key interest rate to zero and made trillions of dollars of money available to help prop up the U.S. economy during...
If Moscow and Riyadh think they can put the U.S. shale industry out of business, they’d better think again
01:45pm, Wednesday, 29'th Apr 2020
There’s a lot of talk about how this might be the end of the shale sector, the end of the U.S. energy industry. that’s just not going to happen.
4 Picks For Uncertain Times
06:48am, Wednesday, 29'th Apr 2020
Coronavirus compounds issues for Wells Fargo. It is also the issue for Ford and Valero. The virus, though, could help AbbVie. All four are on sale at bargain pr
Dynex Capital: The Best-Performing Mortgage REIT Of The Year Can Continue To Outperform
01:05pm, Monday, 27'th Apr 2020
Dynex Capital is the best-performing residential mREIT this year. Outperformance driven by management's focus on capital preservation. Dynex reduced its leverag
The Impact Of Deleveraging On PIMCO RMBS CEFs
02:22pm, Thursday, 23'rd Apr 2020
We estimate the changes in outstanding leverage for three PIMCO RMBS CEFs: PCM, PCI and PDI. We estimate that PCI cut its leverage by about 17% with a knock-on
Areas Of The CEF Market To Focus On, And Possibly Areas To Avoid
12:15pm, Thursday, 23'rd Apr 2020
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
FHFA tries to cut liquidity-strained mortgage servicers some slack
03:39pm, Tuesday, 21'st Apr 2020
The agency said it is aligning policies for Fannie Mae- and Freddie Mac-backed loans in forbearance so that servicers are only responsible for advancing four months of missed payments.
Ladenburg Thalmann Financial Services Inc. Takes Position in PCM Fund, Inc. (NYSE:PCM)
10:18am, Tuesday, 21'st Apr 2020
Ladenburg Thalmann Financial Services Inc. acquired a new stake in PCM Fund, Inc. (NYSE:PCM) during the fourth quarter, according to the company in its most recent filing with the Securities and Excha
There Is No Russian-Saudi Oil War, it's a US-Saudi War Because the US Can't/Won't Cut Production
12:38pm, Friday, 17'th Apr 2020
The Russia-Saudi oil-price war is a fabrication concocted by the media. There’s not a word of truth to any of it. Yes, there was a dust up at an OPEC meeting in early March that led to production in
3 Multi-Sector Fixed Income Closed-End Funds That Are Potential Pimco Alternatives
10:05am, Friday, 17'th Apr 2020
Pimco CEFs are quite popular, but many are now trading at double-digit premiums over NAV. This article discusses three possible alternative CEFs for those who m
5 PIMCO Closed-End Funds Announce Changes to Time and Location of Joint Annual Meeting of Shareholders
08:58pm, Monday, 13'th Apr 2020
The Meeting had originally been scheduled to take place at the offices of Pacific Investment Management Company LLC (“PIMCO”) at 1633 Broadway, between West 50th and West 51st Streets, 42nd Floor,
As Saudi Royals Fall Ill, the Crown Prince Takes on COVID-19—and His Rivals—All at Once
09:32am, Sunday, 12'th Apr 2020
MBS has shown that he can adapt to the changing circumstances imposed by a global pandemic—while exploiting them for his own ends.
A Pandemic Is No Time for an Oil War. What It Means for Russian and Saudi Economies.
09:54pm, Friday, 10'th Apr 2020
Russia’s economy has more armor to deal with fallout from the oil price war while Saudi Arabia’s paternalistic monoculture presents more challenges, analysts say.
