The Zacks Growth and Income Profit Track strategy looks for stocks with unusually high dividend yields.Among the stocks that meet its criteria are NovaStar Financial Inc., and Trustreet Properties Inc. NovaStar is the parent company of a nonconforming mortgage lender. Zacks noted its current dividend yield is 17.42%. In its comments, Zacks said "NovaStar stated that 2005 demonstrated the value of having both portfolio and mortgage banking businesses for its shareholders. Trustreet's current dividend yield of 8.81% qualifies it for the list. It focuses on properties connected with the restaurant industry. Zacks has a website at http://www.zacks.com.
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Mortgage fintechs are attracting investor attention and dollars with agentic AI processes in new origination-focused platforms and assistants.
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The portfolio for sale contains hundreds of millions of dollars worth of reperforming loans that the government-sponsored enterprise co-marketed with Citigroup.
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The S&P Cotality Case-Shiller home price index rose 0.8% year over year in April, while U.S. Federal Housing's index climbed 2%. Both indexes declined monthly.
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While the nationwide purchase average declined nearly 3% in 2025, these costs rose in 23 of 50 states and the District of Columbia, a study from LodeStar said.
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Lisa Cook can keep her seat on the Federal Reserve Board thanks to the Supreme Court's procedural concerns. Deeper questions about the central bank might not come for years — if at all.
June 30 -
Priority Financial Network CEO Marc Shenkman allegedly told a former employee to "keep his resume out there" because he planned to get Lendwise shut down.
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