New York Mortgage Trust Slashes Dividend

We have just learned that New York Mortgage Trust, Inc. (NASDAQ:NYMT) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.20 per share on shares of its common stock for the quarter ending March 31, 2017. The dividend will be...

Western Asset Mortgage Fails Miserably

As you know, I have been following Western Asset Mortgage (NYSE:WMC) for some time and downgraded the stock to a huge sell. I then told you it was setting cash on fire and I was out. Not to be touched. The name has been trading with extreme volatility of late as...