latest News on Mortgage Investment

U.S. banks borrowed less from the Federal Reserve's emergency lending program over the past week, providing further evidence that the strains caused by the financial crisis are easing.

DALLAS----Capstead Mortgage Corporation announced today that it will pay a first quarter 2010 dividend of $0.50 per common share on April 20, 2010 to stockholders of record as of March 31, 2010.

Fannie Mae on Thursday said it will offer $6 billion of new 3-year notes due May 7, 2013. The offering was first announced Wednesday without specifics.

VERO BEACH, Fla.----Bimini Capital Management, Inc. , a real estate investment trust , today announced that all steps have been completed for the previously announced 1-for-10 reverse stock split of its Class A common stock, Class B common stock and Class C common stock.

It does not take long for Dan Claggett, head of the foreclosure project at Legal Services of Eastern Missouri, to come up with an example of the toll the US housing crisis is still taking on many Americans.

What exactly is happening in the bowels of the American mortgage market? That is a question that investors around the world have often asked in the past three years, with a mixture of bafflement and alarm.

Initial claims fell by 6,000 this week, but the 4-week moving average rose by 5,000 to 475,500.

The following is being issued by Fannie Mae :

NEW YORK----Annaly Capital Management, Inc. released its monthly commentary for March. Through its monthly commentary and blog, Annaly Salvos on the Markets and the Economy , Annaly expresses its thoughts and opinions on issues and events in the financial markets.

Fannie Mae said Wednesday it will offer new 3-year benchmark notes due May 7, 2013. The size of the offering was not disclosed. Payment dates will be each May 7 and November 7, Fannie Mae said.

The witch-hunt widens on Wall Street.

Four big financial companies that received major government bailouts and are still partly government-owned rose sharply for a second straight day on Wednesday.

Shares in several big financial companies bailed out by the U.S. government rose on Wednesday on what analysts said were momentum bets and short-covering on hopes the entities were on the road to recovery.