National mortgage delinquency improvement slows in August: Black Knight

Mortgage delinquencies improved slightly in August, with the national delinquency rate declining by 0.03 basis points from July with 13K fewer past due mortgage vs. the prior month, according to Black Knight's "first look" at August month-end performance statistics. That represents a slowing in the improvement when compared with the combined 0.85 bps decline over the prior two months. The share of borrowers with a single missed payment...

Some banks will ask customers to dip into their super to pay back frozen mortgages. They should tread carefully, the regulator warns.

Regulator APRA has revealed some Australian banks plan on pushing customers to withdraw their superannuation early to make repayments on their loans. More »     Want to know more on Some banks will ask customers to dip into their super to pay back frozen mortgages. They should tread carefully, the regulator warns. click here go to market news source. Market news summary from Business Insider market news.Author: Jack Derwin

Two Harbors Declares New Common Stock Dividend; Yield Is Nearly 11%

Mortgage real estate investment trust (mREIT) Two Harbors (NYSE: TWO) has declared a set of new quarterly dividends, most notably for its common stock. Holders of that security will receive $0.14 per share from their company, payable on Oct. 29 to investors of record as of Oct.Want to know more on Two Harbors Declares New Common Stock Dividend; Yield Is Nearly 11% click here go to market news source....

Western Asset Mortgage Capital reinstates quarterly dividend

Western Asset Mortgage Capital (NYSE:WMC) declares $0.05/share quarterly dividend, -83.9% decrease from the last dividend of $0.31. Forward yield 9.73% Payable Oct. 26; for shareholders of record Oct. 2; ex-div Oct. 1. Previously: Western Asset Mortgage skips Q2 dividend; BVPS decline continues (June 23) See WMC Dividend Scorecard, Yield Chart, & Dividend Growth. Want to know more on Western Asset Mortgage Capital reinstates quarterly dividend click here go...

Is Rocket Companies a Buy Even if the Stock Market Crashes?

Rocket Companies (NYSE: RKT) made its public debut in early August with much promise. After pricing its IPO at $18 a share and raising $1.8 billion in cash, optimism surrounding the parent of Quicken Loans and Rocket Mortgage sent the stock price nearly 50% higher by the start oWant to know more on Is Rocket Companies a Buy Even if the Stock Market Crashes? click here go to...

Economic Report: Existing-home sales jumped in August to the fastest pace in over a decade — alongside rising prices and improving foot traffic

Buyer demand remains strong thanks to record-low mortgage rates, but the tight inventory of homes for sale is posing challenges. Want to know more on Economic Report: Existing-home sales jumped in August to the fastest pace in over a decade — alongside rising prices and improving foot traffic click here go to market news source. Market news summary from MarketWatch Stock News. Author:

8 Homebuilder Stocks To Buy As Low Rates And Pandemic Fears Accelerate Suburban Shift

Bullishness on the homebuilding sector has been fueled by historically low mortgage rates, limited supply and rising demand as pandemic fears accelerate a move from denser cities to the suburbs. Several contributors to MoneyShow.com review their top ideas among homebuilding stocks.Want to know more on 8 Homebuilder Stocks To Buy As Low Rates And Pandemic Fears Accelerate Suburban Shift click here go to market news source. Market news...
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