Workflow
Mortgage
icon
Search documents
Greystone Housing Impact Investors LP Announces Release of 2024 Schedule K-3
Globenewswire· 2025-06-10 20:15
Group 1 - Greystone Housing Impact Investors LP announced the availability of 2024 Schedule K-3 for unitholders, which contains information relevant to international tax [1][2] - The Schedule K-3 is particularly important for foreign unitholders and those calculating foreign tax credits for their tax returns [2] - Unitholders can obtain an electronic copy of their Schedule K-3 by contacting Tax Package Support [3] Group 2 - Greystone Housing Impact Investors LP was established in 1998 to manage a portfolio of mortgage revenue bonds aimed at financing affordable housing [4] - The Partnership's strategy includes acquiring additional mortgage revenue bonds and leveraging investments to enhance growth [4] - The interest earned on these mortgage revenue bonds is expected to be excludable from gross income for federal tax purposes [4]
Lost Money on Rocket Companies, Inc.(RKT)? Join Class Action Suit Seeking Recovery – Contact Levi & Korsinsky
GlobeNewswire News Room· 2025-06-10 17:01
NEW YORK, June 10, 2025 (GLOBE NEWSWIRE) -- 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/rocke ...
Big Dividend Yielders At A Glance
Seeking Alpha· 2025-06-09 22:05
Core Insights - The article emphasizes the importance of preferred shares and baby bonds for achieving strong risk-adjusted returns, alongside the positive performance of Business Development Companies (BDCs) [1][19] - It highlights the irrational behavior of the market, where some investors continue to buy underperforming stocks despite deteriorating fundamentals [2] - The article discusses the current favorable environment for agency mortgage REITs to issue new shares due to high price-to-book ratios, while hybrid mortgage REITs are struggling [3][6] Agency Mortgage REITs - AGNC Investment (AGNC) maintains a high price-to-book ratio, allowing it to issue new shares effectively [3] - The top three agency mortgage REITs, Dynex Capital (DX), Annaly Capital (NLY), and AGNC, have the highest price-to-book ratios and are expected to capitalize on this by issuing additional shares [4] - A projection indicates that agency mortgage REITs will see a decline in book value in Q2 2025, affecting their price-to-book ratios [5] Hybrid Mortgage REITs - The environment is unfavorable for hybrid mortgage REITs, with only Ellington Financial (EFC) trading close to its projected book value [6] Business Development Companies (BDCs) - Main Street Capital (MAIN) is recognized as a leading BDC, but it is challenging to find it at a bargain valuation [7] - MAIN's Total Economic Return (TER) reflects its performance through changes in book value and dividends, with share issuance above NAV enhancing its value [7][9] - The article notes that MAIN's ability to drive NAV per share higher is attributed to successful investments and effective management [13] Preferred Shares - There are emerging opportunities in preferred shares, which have historically provided strong risk-adjusted returns [14] Market Outlook - The year 2025 is identified as a prime opportunity for investing in REITs, preferred shares, and BDCs due to increasing demand and insufficient supply in key real estate sectors [19]
RKT LAWSUIT ALERT: The Gross Law Firm Notifies Rocket Companies, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline
GlobeNewswire News Room· 2025-06-09 17:25
NEW YORK, June 09, 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=151928&from=3 CLASS PERIOD: March ...
Covius to Acquire Title365 from Blend
Prnewswire· 2025-06-09 13:00
Core Viewpoint - Covius Services, LLC has signed a definitive agreement to acquire Title365 Holding Co., enhancing its title insurance and settlement services capabilities and technology platform integrations [1][2]. Group 1: Acquisition Details - The acquisition is subject to third-party consents and regulatory approvals, with an expected closing in the coming months [2]. - Title365 is licensed in 43 states and serves top-10 lenders, capital market participants, and home equity originators, offering a full range of mortgage origination services [3]. Group 2: Strategic Implications - The acquisition will expand Covius' presence in the origination title space and complement its strengths in loss mitigation and default title services [5]. - Covius aims to deliver a comprehensive range of tech-enabled products and services across origination, servicing, and capital market sectors [5]. - Title365 will continue to partner with Blend to provide integrated title and closing services for Blend customers, ensuring seamless service delivery [4]. Group 3: Company Background - Covius is recognized for its technology-enabled solutions that enhance operational efficiencies and mitigate risks in the financial services industry [6]. - Blend Labs Inc. is a leading digital origination platform that powered $1.2 trillion in loan applications in 2024, focusing on streamlining workflows for financial institutions [7].
How To Lock In Yields Up To 17.1% In Historically Cheap Small Caps
Forbes· 2025-06-08 14:05
Core Viewpoint - Small-cap stocks are currently undervalued, presenting potential investment opportunities, especially those offering high dividend yields ranging from 8.3% to 17.1% [2] Group 1: Small-Cap Stocks Overview - The valuation gap between the S&P 500 and S&P 600 is at its widest since the late 1990s, suggesting small-cap stocks are significantly cheaper [2] - The article discusses five small-cap stocks with attractive dividend yields, indicating a potential for high returns despite their current low valuations [2] Group 2: Playtika Holding (PLTK) - Playtika, a mobile game developer, has a dividend yield exceeding 8% but has not raised its payout recently, indicating a decline in earnings and sales [4][5] - Analysts project a 32% increase in profits for 2024, despite the company's struggles in the competitive mobile gaming market [6] - Playtika's valuation is low at 6 times forward earnings, but there are concerns about its growth prospects [7] Group 3: Carlyle Secured Lending (CGBD) - CGBD is a business development company focused on U.S. middle-market companies, primarily investing in first-lien debt [8][9] - Recent earnings reports have shown disappointing results, with an increase in non-accrual loans and a stagnant base dividend of 40 cents per share [10][11] - CGBD shares are trading at a 16% discount to net asset value, but operational challenges raise concerns about future dividend sustainability [12] Group 4: Bain Capital Specialty Finance (BCSF) - BCSF provides financing solutions to a diverse range of companies, with a significant portion of its investments in first-lien debt [13][14] - The company has maintained its regular dividend but has introduced special dividends, raising concerns about future dividend coverage due to declining net investment income projections [16][17] - Analysts expect BCSF's dividend ratios to be high, leaving little room for error in case of operational difficulties [17] Group 5: Two Harbors Investment Corp. (TWO) - TWO operates in the mortgage REIT sector, focusing on mortgage servicing rights and agency residential mortgage-backed securities [19][22] - The company has faced significant share price declines, resulting in a high yield of over 17%, but recent litigation charges could impact its book value and dividend sustainability [24][25] - TWO's current dividend rate of 45 cents per share is at risk due to the potential impact of litigation on earnings available for distribution [25] Group 6: Franklin BSP Realty Trust (FBRT) - FBRT is a mortgage REIT focused on commercial mortgage-backed securities, with a significant portion of its portfolio in multifamily properties [26][27] - The company is trading at a 28% discount to book value, with a low P/E ratio based on 2026 earnings estimates, indicating potential value [28] - Concerns exist regarding the stability of its dividend, as the payout has not changed since 2021, and market conditions could necessitate a review of the dividend policy [29][30]
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Rocket Companies, Inc. of Class Action Lawsuit and Upcoming Deadlines - RKT
GlobeNewswire News Room· 2025-06-06 15:03
NEW YORK, June 06, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit is pending against Rocket Companies, Inc. (“Rocket Companies” or the “Company”) (NYSE: RKT). Investors in Rocket Companies securities are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased. The class action concerns whet ...
Atrium Mortgage Investment Corporation Announces June 2025 Dividend
Newsfile· 2025-06-05 20:30
Core Points - Atrium Mortgage Investment Corporation has declared a monthly dividend of $0.0775 per common share for June 2025, payable on July 11, 2025, to shareholders of record on June 30, 2025 [1] - The company currently pays monthly dividends at an annual rate of $0.93 per share, with a potential special dividend at year-end if declared dividends are less than taxable income for the fiscal year [2] - Atrium offers a Dividend Reinvestment Plan (DRIP) allowing shareholders to reinvest dividends in new shares at a 2% discount from market price, facilitating compound growth of their investment [3] Company Overview - Atrium is recognized as Canada's Premier Non-Bank Lender™, providing residential and commercial mortgages in major urban centers in Canada, focusing on stability and liquidity in real estate [4] - As a Mortgage Investment Corporation (MIC) under the Canada Income Tax Act, Atrium is not taxed on income as long as taxable income is distributed to shareholders as dividends within 90 days after year-end [5]
Mortgage Rates Move Down
Globenewswire· 2025-06-05 16:00
Core Insights - The average 30-year fixed-rate mortgage (FRM) decreased to 6.85% as of June 5, 2025, down from 6.89% the previous week and 6.99% a year ago, indicating a positive trend for potential homebuyers [1][5] - The 15-year FRM also saw a decline, averaging 5.99%, down from 6.03% last week and 6.29% a year ago, reflecting a broader easing in mortgage rates [5] Group 1: Mortgage Rate Trends - The 30-year FRM averaged 6.85% as of June 5, 2025, a decrease from the previous week [5] - The 15-year FRM averaged 5.99%, showing a similar downward trend [5] - Year-over-year comparisons indicate that both the 30-year and 15-year FRMs have decreased from 6.99% and 6.29%, respectively [5] Group 2: Market Context - The decrease in mortgage rates is seen as beneficial for potential homebuyers, coinciding with improvements in inventory and a slowdown in house price growth [1] - Freddie Mac's mission emphasizes promoting liquidity, stability, and affordability in the housing market across economic cycles [3]
Intercontinental Exchange (ICE) Conference Transcript
2025-06-05 15:30
Intercontinental Exchange (ICE) Conference June 05, 2025 10:30 AM ET Speaker0 My name is Patrick Moley. I cover the exchanges, online brokers and trading companies here at Piper Sandler. It's my pleasure to welcome our next guest, Lynn Martin of Intercontinental Exchange. Lynn has been President of NYSE since 2022. She also serves as Chair of Fixed Income and Data Services business. Lynn, thank you so much for joining us. Speaker1 Thanks for having me. Speaker0 So it's been a volatile first start to the yea ...