A trio of real estate investment trusts were profiled in the Zacks Growth and Income Profit Track release for March 9.This strategy of Zacks Investment Research Inc., Chicago, looks for stocks with unusually high dividend yields. American Home Mortgage Investment Corp., Melville, N.Y., and the only residential mortgage lender of the three, has a current dividend yield of 16.60%. Crystal River Capital Inc., New York, has a dividend yield of 10.56%, and Deerfield Triarc Capital Corp., Chicago, has a dividend yield of 11.25%.
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Also, the Broker Action Coalition announced Jamie Cavanaugh as its next CEO, while Dark Matter Technologies added two new members to its leadership team.
September 8 -
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Two online ads promise Fannie Mae and Freddie Mac are working to boost purchase applications but it's unclear whether they signal interest in a stock offering.
September 8 -
Weak refi demand is pushing lenders to lean on servicing income, as tighter execution spreads and higher MSR values shift the industry's sell/retain calculus
September 8 -
The deal announced Monday would diversify EverBank's higher-cost funding model, and it would accelerate WaFd's transition away from its roots as a traditional thrift.
September 8 -
Chad Smith departs the lender in a transition phase, after helping Better to generate 2.5 times growth in total revenue and funded loan volume since 2024.
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