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mortgage rules prove too strict for some retirees

it’s a mortgage problem that is likely to intensify as home-owning baby boomers by the millions shift into retirement: although they may have significant financial assets tucked away in retirement accounts, their diminished monthly incomes may not be sufficient to meet some lenders’ hyper-strict underwriting rules. read full article >>

first trust mortgage income fund declares its monthly common share distribution of $0.16 per share for june

first trust mortgage income fund has declared the fund’s regularly scheduled monthly common share distribution payable on june 15, 2012 to shareholders of record as of june 5, 2012.

new york mortgage trust arranges long term financing secured by multifamily cmbs assets

new york -- new york mortgage trust, inc. ("nymt" or the "company") announced today the completion of a re-securitization of commercial mortgage-backed securities collateralized by ...

timbercreek mortgage investment corporation may 2012 dividend

toronto stock exchange: tmctoronto, may 22, 2012 /cnw/ - timbercreek mortgage investment corporation (the "fund") is pleased to announce that its board of directors (the "board") has ...

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