Invesco Mortgage Capital Inc., an Atlanta-based real estate investment trust, is having its common stock added to three Russell Investments equity indexes. Effective after the markets close on Sept. 30, Invesco shares will become part of the Russell 2000 Index; the Russell 3000 Index; and the Russell Global Index. Invesco had its initial public offering on June 26, 2009 and focuses on financing and managing residential and commercial mortgage-backed securities and mortgage loans.
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Panorama Mortgage Group's channels each had a different name, and SimplyPMG reflects a new emphasis on straightforwardness, said Hector Amendola, president.
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The new unit, renamed XedaLink, will serve some of Xactus' direct competitors in the consumer reporting agencies space through a different platform.
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The FHA published a request for information in the Federal Register Friday, looking for stakeholder comment on how to improve and modernize property standards.
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Some international investors, who represent roughly 20% of Ginnie's market, are gravitating to real estate mortgage investment conduit securities.
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The total delinquency rate rose 0.2 percentage points annually in March, with the share of loans 90 days late rising out of the range they were in since 2024.
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The test of automated risk assessments for government-sponsored enterprise-eligible mortgages are designed to help determine when waivers might be possible.
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