Let’s get educational! It’s like going to college but with more numbers and no parties. On the positive side, the price is right. Why educational articles? That’s too many questions. We’re going to talk about AGNC Investment Corp (AGNC) because consensus EPS was around $1.62 for the year and that would be 19.6% on the Q1 2025 tangible book value of $8.25. That’s really high. If you’re not familiar with mortgage REITs, that might sound reasonable. It is not. Now we’re looking into the earnings: AGNCYou’ll no ...

Core Points - New York Mortgage Trust, Inc. successfully completed a consent solicitation, securing necessary consents from holders of a majority of its outstanding 5.75% Senior Notes due 2026 to approve a proposed amendment to the indenture governing the Notes [1][2] - The Company will pay a cash payment of $4.00 per $1,000 principal amount of Notes for which valid consents were delivered by the expiration date [3] - The consent payment is contingent upon the satisfaction or waiver of certain conditions outlined in the Consent Solicitation Statement [4] Company Overview - New York Mortgage Trust, Inc. is a Maryland corporation that has elected to be taxed as a real estate investment trust (REIT) for federal income tax purposes, focusing on acquiring, investing in, financing, and managing primarily mortgage-related residential assets [5]

NEW YORK, June 13, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Rocket Companies, Inc. ("Rocket Companies" or the "Company") (NYSE: RKT) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Rocket Companies investors who were adversely affected by alleged securities fraud between March 29, 2021 and April 1, 2021. Follow the link below to get more information and be contacted by a member of our team:https://www.zlk.com/pslra-1/rocket-comp ...

Group 1 - The company is reducing its mortgage banking income estimate due to a weak housing market [1] - The expected EPS for the company in 2025 has been revised down to $1.43 from a previous estimate of $1.67 [1]

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. TORONTO, June 12, 2025 (GLOBE NEWSWIRE) -- Atrium Mortgage Investment Corporation (TSX:AI, AI.DB.D, AI.DB.F and AI.DB.G) (“Atrium”) announced today that it has entered into an agreement with a syndicate of underwriters bookrun by TD Securities Inc. and RBC Capital Markets, pursuant to which the underwriters will purchase $30 million aggregate principal amount of 6.00% convertible unsecured subordin ...

NEW YORK, June 12, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Rocket Companies, Inc. (NYSE: RKT). Shareholders who purchased shares of RKT during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/rocket-companies-inc-loss-submission-form/?id=152585&from=3 CLASS PERIOD: March ...

Core Insights - Freddie Mac's Primary Mortgage Market Survey (PMMS) indicates that the 30-year fixed-rate mortgage (FRM) averaged 6.84% as of June 12, 2025, showing a slight decrease from the previous week's average of 6.85% and a year-over-year decline from 6.95% [1][4] - The 15-year FRM averaged 5.97%, down from 5.99% the previous week and lower than the 6.17% average a year ago [4] - The stability in mortgage rates, along with improving inventory and slower house price growth, is viewed positively, especially during National Homeownership Month [1] Mortgage Rate Trends - The 30-year FRM has shown a slight decrease of 0.01 percentage points from the previous week [4] - The 15-year FRM also decreased by 0.02 percentage points from the prior week [4] - Year-over-year comparisons show a decline in both the 30-year and 15-year FRM, indicating a trend towards lower mortgage rates [4] Freddie Mac's Mission - Freddie Mac aims to enhance liquidity, stability, and affordability in the housing market across various economic cycles [3] - Since its inception in 1970, Freddie Mac has assisted tens of millions of families in buying, renting, or maintaining their homes [3]

Core Viewpoint - Sachem Capital Corp. has successfully completed a private placement of $100 million in Senior Secured Notes, enhancing its financial flexibility and enabling the repayment of existing obligations and the origination of new loans [1][3]. Financing Details - The private placement consists of five-year Senior Secured Notes due June 11, 2030, with an interest rate of 9.875% per annum, payable quarterly [1]. - An initial draw of $50 million was made at closing, with the remaining $50 million to be drawn by May 15, 2026 [1]. - The Notes are fully guaranteed by the Company and its subsidiary, and have received an investment grade rating of A from Egan-Jones Ratings Company [1]. Use of Proceeds - The proceeds from the Notes will be utilized for repaying existing facility balances, originating new investments, and redeeming 7.75% unsecured notes maturing in September 2025 [2]. Company Overview - Sachem Capital Corp. is a mortgage REIT that specializes in originating, underwriting, funding, servicing, and managing a portfolio of loans secured by first mortgages on real property [7]. - The Company provides short-term secured, nonbanking loans to real estate investors for property acquisition, renovation, and development, with a conservative loan-to-value ratio as its primary underwriting criterion [7].

NEW YORK, June 12, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Rocket Companies, Inc. (NYSE: RKT).Shareholders who purchased shares of RKT during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/rocket-companies-inc-loss-submission-form/?id=152572&from=4CLASS PERIOD: March 29, 202 ...

Rocket Companies (RKT) FY 2025 Annual General Meeting June 11, 2025 01:00 PM ET Speaker0 Good afternoon. Welcome to the Rocket Company's Annual Stockholder Meeting. I'm Dan Gilbert, founder of the company and chairman of the board. This past year has marked a turning point for us. The acquisitions of Redfin and Mr. Cooper are not just deals. They are bold steps toward redefining the entire home ownership experience in America. These moves position Rocket as a powerful company built for scale, speed, and suc ...