Mortgage Bond News Monitoring

California Water Service Group Announces 2020 Earnings for Year and Fourth Quarter

SAN JOSE, Calif., Feb. 25, 2021 (GLOBE NEWSWIRE) -- California Water Service Group (NYSE: CWT) ( “Company”) today announced net income of $96.8 million and diluted earnings per share of $1.97 for 2020, compared to net income of $63.1 million and diluted …

With Rising Rates, Not Much Is Hotter than Regional Banks, ‘KBWR’

Up 27% for the year, the Invesco KBW Regional Banking ETF (KBWR), which gives investors a tactical tilt to the hot sector, is riding a strong wave of momentum as yields begin to rise. KBWR seeks to track the investment results of the KBW Nasdaq Regional …

Never Mind Yield Curves, What’s Negative Convexity?

To take on convexity, we need to first grasp what’s known as duration. As interest rates drop, bond prices will rise and vice versa. The extent of the move is typically larger for bonds with a longer time to maturity. That relationship is known as duration …

ATAX: 6% Yield From Tax Free Mortgage Bonds, 30% Discount To NAV

Cerberus Said to Shelve Commercial Mortgage Bond That Mimics CDO

(Bloomberg)—Cerberus Capital Management has shelved the sale of a $390 million commercial mortgage bond that packaged nearly junk-rated securities into new debt with top AAA grades, according to people with knowledge of the matter. Investors were demanding …

Ameren Illinois Announces Pricing of First Mortgage Bonds Offering due 2030

ST. LOUIS, Nov. 9, 2020 /PRNewswire/ -- Ameren Illinois Company, a subsidiary of Ameren Corporation (NYSE: AEE), announced today the pricing of a public offering of $375 million aggregate principal amount of 1.55% first mortgage bonds due 2030 at …

When Will The Mortgage Market Actually Care About Rising Rates?

There's an obvious trend toward higher rates as far as Treasury yields are concerned.  This goes all the way back to August.   Treasury yields and mortgage rates historically correlate quite well. But mortgage rates have almost completely ignored that …

Fed’s Powell signals easy money policies to remain in place for a while

The Fed is unlikely to “even think about withdrawing policy support" by raising rates or reducing its bond purchases for the foreseeable future, Mr. Powell said at a virtual appearance before the Economic Club of New York. The Fed chief also repeated …

NorthWestern Reports 2020 Financial Results

Company reports GAAP diluted earnings per share of $3.06 for 2020, affirms 2021 earnings guidance and announces a 3.3% increase to the quarterly dividend - to $0.62 per share - payable March 31, 2021 BUTTE, Mont. and SIOUX FALLS, S.D., Feb. 11, 2021 (GLOBE …

Lessons in betting against bubbles from the Big Short

Knowing for sure that something is askew may not be enough to make you money Feb 11th 2021 HE NOW RUNS a chain of hotels in his native Ghana. But in the 1990s Tony Yeboah played football at a high level, his two seasons at Leeds United sandwiched between …

FOCUS-'Treasuries on steroids': U.S. banks' mortgage bond trading bonanza

* Fed stimulus measures spark mortgage bonds rally * Banks on course for record mortgage trading revenues * Investors see risks as pre-payments accelerate NEW YORK/LONDON, Oct 9 (Reuters) - Wall Street banks are on track for a record year of revenue …

Entergy Texas, Inc. Announces Redemption of First Mortgage Bonds, 5.625% Series due June 1, 2064

THE WOODLANDS, Texas, Oct. 2, 2020 /PRNewswire/ -- Entergy Texas, Inc., a subsidiary of Entergy Corporation (NYSE: ETR), announced today that on Nov. 2, 2020 (the "Redemption Date"), it will redeem all $135,000,000 principal amount of its …

'Treasuries on steroids': U.S. banks' mortgage bond trading bonanza

Achieving Financial Goals on Constrained Budget

LOURENCIA RODRIQUES THE COVID-19 pandemic has resulted in slow economic growth during 2020, and while it may be tough for many of us to save for a rainy day, a little effort in this regard can go a long way. Saving just 5% more in your chosen savings …

Another auction on placement of mortgage bonds held at Baku Stock Exchange

Aug 28, 2020 (MENAFN via COMTEX) -- (MENAFN - Trend News Agency) BAKU, Azerbaijan, Aug. 28 By Eldar Janashvili - Trend: Another auction on placement of bonds of the Azerbaijan Mortgage and Credit Guarantee Fund was over at the Baku Stock Exchange (BSE) on …

Sweden - Staff Concluding Statement of the 2021 Article IV Mission

February 2, 2021 A Concluding Statement describes the preliminary findings of IMF staff at the end of an official staff visit (or ‘mission’), in most cases to a member country. Missions are undertaken as part of regular (usually annual) consultations under …

Mortgage Bond Market Plagued by Valuation Doubts

Mortgage-Bond Investors Can Take Solace in Volatility’s Plunge

SHARE THIS ARTICLE Homes at a residential community in Irvine, California. Photographer: Bing Guan/Bloomberg Photographer: Bing Guan/Bloomberg For now, volatility can be scrubbed from the list of worries that keep mortgage-bond investors up at …

MBS Day Ahead: 7 Charts: Trends, Risks, and Realities in Bonds and Mortgage Rates

Yesterday's bond market weakness ran the risk of signalling an end to the winning streak enjoyed since January 12th.  Those gains were fairly steady and they took yields from the very top of the prevailing trading pattern almost all the way to the …

The Eastern Colorado Bank - keeping that Friendly, Community Bank Feeling as they Continue to Grow

CEOCFO Magazine interviews The Eastern Colorado Bank CEO Mr. Greg J. Weed on the Company’s mantra of Your Friendly Bank® CHEYENNE WELLS, COLORADO, US, February 25, 2021 /⁨EINPresswire.com⁩/ -- CEOCFO Magazine, an independent business and investor …

Spectacular Oceanfront Florida Home to be Sold at No-Reserve Auction with Supreme Auctions

Seabloom offers an impeccable location to get away from it all in the paradise that is Vero Beach, Florida and will be sold to the highest bidder on March 20th VERO BEACH, FL, UNITED STATES, February 25, 2021 /⁨EINPresswire.com⁩/ -- Positioned in …

Governments and Corporations are Responsible for the Life and Death of Small Business

No More Excuses: Small Business Needs Support, Not Lockdowns and Unfair Restrictions TORONTO, ONTARIO, CANADA, February 25, 2021 /⁨EINPresswire.com⁩/ -- How many small businesses throughout Canada have struggled and closed while many large …

GRABER REALTY GROUP NAMED “TOP LUXURY REAL ESTATE INDUSTRY LEADERS” IN MIAMI MAGAZINE

Proprietary Valuation Matrix, Industry Leading Marketing, and Personal Touch Drive Success for Clients MIAMI, FL, USA, February 25, 2021 /⁨EINPresswire.com⁩/ -- GRABER Realty Group was selected as “Top Luxury Real Estate Industry Leaders” in the …

Choosing the Right Property Management Company for You

SAVANNAH, GA, UNITED STATES, February 25, 2021 /⁨EINPresswire.com⁩/ -- So you’ve decided to get into the short-term rental game, turning your investment property into real profit. However, you don’t have the time or energy to spend on all the …

Anblicks joins AWS Select Partner network

Anblicks joins AWS Select Partner Network that allows it to deliver unique solutions to global customers and provide them a competitive edge over rivals. ADDISON, TEXAS, UNITED STATES, February 25, 2021 /⁨EINPresswire.com⁩/ -- Anblicks Inc., a …

FLORIDA WETLAND MITIGATION POLICY CHANGES

Two major Florida Mitigation Policy Changes for the Wetland Mitigation Banking Industry WINTER SPRINGS, FL, UNITED STATES, February 25, 2021 /⁨EINPresswire.com⁩/ -- Two major Mitigation Policy Changes occurred in 2020 for the Wetland Mitigation …

Bryan Cumby, CEO of Cumby Group: 3 Apartment Complexes Coming to Austin

AUSTIN, TX, USA, February 25, 2021 /⁨EINPresswire.com⁩/ -- Cumby Group, a leading Austin builder/developer has begun embarking on a major master planned real estate project in Austin, Texas—the building of three adjacent apartment complexes. …

Ali Ata Commercial Building to Be Transformed into New Medical Office / Restaurant

LEMONT, ILLINOIS, UNITED STATES, February 25, 2021 /⁨EINPresswire.com⁩/ -- Ali Ata of AAIM Development, a leading property development firm, is currently redeveloping one of its Chicago buildings—an 8,500-square-foot building it purchased in 2019— …

Park Hotels & Resorts Inc. Reports Fourth Quarter and Full Year 2020 Results

TYSONS, Va., Feb. 25, 2021 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (“Park” or the “Company”) (NYSE: PK) today announced results for the fourth quarter and full year ended December 31, 2020 and an operational update on COVID-19. Fourth quarter …

Uniti Group Inc. Declares $0.15 Per Share Quarterly Dividend

LITTLE ROCK, Ark., Feb. 25, 2021 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its Board of Directors declared a quarterly cash dividend of $0.15 per share, payable on April 16, 2021 to stockholders of record on April 1 …

Jianpu Technology(NYSE:JT) Releases Reports to Shed Light on Chinese Financial Consumers

Jianpu Technology (NYSE:JT) BEIJING, CHINA, February 25, 2021 /⁨EINPresswire.com⁩/ -- The advent of a digital age comes with significantly increased financial risks for the average consumer. Jianpu Technology(NYSE:JT), China's leading …

Homepie Becomes California’s Hottest Brokerage for Savings

SIMI VALLEY, Calif., Feb. 25, 2021 (GLOBE NEWSWIRE) -- Homepie, Inc®, a leading provider of do-it-yourself tools for homebuyers and sellers who wish to transact without a real estate agent, today announced that they have surpassed brokerages like Redfin in …

Notice of Timbercreek Financial Q4 2020 Results Conference Call

TORONTO, Feb. 25, 2021 (GLOBE NEWSWIRE) -- Timbercreek Financial (TSX: TF) (the “Company”) announced today it will host a conference call to discuss its 2020 fourth quarter and full-year financial results on March 9, 2021 at 1:00 p.m. EST. The Company will …

Japan House Los Angeles Hosts "True Mothers" Film Screening and Live Discussion with Award-Winning Director Naomi Kawase

Critically Acclaimed Film from Internationally Recognized Director – and Japan’s 2021 International Film Oscar Entry – Explores Adoption and Motherhood LOS ANGELES, Feb. 25, 2021 (GLOBE NEWSWIRE) -- JAPAN HOUSE Los Angeles, a Japanese cultural destination …

Helping GTA Students Thrive with Past President’s Scholarship

TORONTO, Feb. 25, 2021 (GLOBE NEWSWIRE) -- The Toronto Regional Real Estate Board (TRREB) Past President’s Scholarship has helped send 46 deserving students to university or college since it first launched in 2007. “We believe in investing in the future …

Kite Realty Group Trust Announces Transformational Redevelopment at Glendale Town Center

INDIANAPOLIS, Feb. 25, 2021 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) has formally announced the next phase in the evolution of Glendale Town Center in Indianapolis, Indiana. Through an innovative, multi-faceted redevelopment that includes …

StorageVault Reports Fiscal 2020 Annual Results; Highlighting Significant Growth in NOI and FFO; $232.7 Million in ...

TORONTO, Feb. 25, 2021 (GLOBE NEWSWIRE) -- STORAGEVAULT CANADA INC. (“StorageVault” or the “Corporation”) (SVI-TSX-V) today reported the Corporation’s full year 2020 audited results. Iqbal Khan, Chief Financial Officer, commented: “StorageVault continues …

IS THE DISTANCE BETWEEN YOU AND YOUR YOUNG LOVED ONES LEAVING YOU DISCOURAGED? WELL, NO NEED TO FEEL ISOLATED ANY LONGER

Invite them to play even when they’re miles away WATKINS, CO, UNITED STATES, February 24, 2021 /⁨EINPresswire.com⁩/ -- Rent-A-Theme Entertainment, Inc. is proud to announce the launch of Let’s Play packages, a revolutionary new product designed to …

Sell Your Home Gainesville Launches Safe Alternative to Traditional, MLS-Based Home Buying

Sell Your Home Gainesville is now available in the Gainesville, Florida area GAINESVILLE, FLA., USA, February 24, 2021 /⁨EINPresswire.com⁩/ -- Sell Your Home Gainesville has launched a new home buying service that provides a safe alternative to …