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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.

mortgage borrowers still underwater

despite rising home prices, more than 30% of borrowers, or close to 16 million homeowners, were underwater on their mortgage during the first quarter, according to zillow.

bankrate: mortgage rates hold at record lows

new york, may 24, 2012 /prnewswire/ -- mortgage rates were little changed, remaining at record low levels. the average rate on the benchmark 30-year fixed mortgage rate was unchanged at the record low ...

irish lawyers battle bankers for mortgage escape as ge eyes exit

as ireland’s mortgage crisis worsens, attorney ross maguire just gets busier.