Annaly Capital: Biggest market cap among US mortgage REITs
Mortgage REITs such as Annaly Capital can generate outsized returns over the long haul. Part of this is due to the mortgage-REIT tax structure.
Mortgage rates for Feb. 26, 2015
Mortgage rates move in anticipation of fed interest rate moves, not in response. So, any change in the outlook for what the Federal Reserve may or may not do can have a pronounced effect on mortgage rates.
Nationstar Mortgage (NSM) Stock Down Double Digits Following Earnings Release
NEW YORK (TheStreet) — Nationstar Mortgage shares are losing a fifth of their value today, down 20.4% to $28.39, in trading on Thursday, after the company reported its third quarter earnings results before the opening bell today. The non-bank residential mortgage servicer reported a 8.3% drop sequentially in third quarter revenue to $504.32 million, well short of analysts' expectations of $568 …
Annaly Capital Earnings Put Mortgage REIT ETFs in Focus
mREIT ETFs are in focus after key earnings from Annaly Capital (NLY).
Freddie Mac: Average 30-year mortgage rate rises above 4%
Moving higher for a second week, the 30-year mortgage rate broke back above 4%. Freddie Mac calculated that lenders were offering the most popular home loan at an average of 4.02%.