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WHEATON, Ill.--(BUSINESS WIRE)--First Trust Mortgage Income Fund (the "Fund") (NYSE: FMY) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.075 per share payable on March 17, 2025, to shareholders of record as of March 3, 2025. The ex-dividend date is expected to be March 3, 2025. The monthly distribution information for the Fund appears below. First Trust Mortgage Income Fund (FMY): Distribution per share:............................................

SINGAPORE--(BUSINESS WIRE)--GSR, the global cryptocurrency trading firm and liquidity provider, today announced that its Singapore subsidiary, GSR Markets Pte. Ltd. (GSR Singapore) has received a Major Payment Institution (MPI) licence from the Monetary Authority of Singapore (MAS). This milestone follows GSR receiving the in-principle approval for a MPI licence from MAS in September 2023. This licence brings the existing spot OTC, market making and programmatic execution services that the firm...

BOSTON--(BUSINESS WIRE)--With financial stress a reality for more than 9-in-10 women, new research from Fidelity Investments® reveals the financial steps women can take to de-stress and increase their financial confidence. Fidelity’s 2024 Women’s History Month Study, released annually at the start of Women’s History Month, finds stress levels remain consistently high among women no matter their total household income. Taking financial action, however, makes the biggest difference in decreasing...

SINGAPORE--(BUSINESS WIRE)--GSR, the global cryptocurrency trading firm and liquidity provider, today announced that its Singapore subsidiary, GSR Markets Pte. Ltd. (GSR Singapore) has received a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). This milestone follows GSR receiving the in-principle approval for a MPI license from MAS in September 2023. This license brings the existing spot OTC, market making and programmatic execution services that the firm...

NEW YORK--(BUSINESS WIRE)--KBRA assigns preliminary ratings to four classes of notes (seven tranches) issued by LAD Auto Receivables Trust 2024-1 ("LADAR 2024-1"), an auto loan ABS transaction. LADAR 2024-1 represents the seventh overall ABS securitization for Driveway Finance Corporation ("DFC" or the "Company"), and first of 2024. LADAR 2024-1 will issue four classes of notes (seven tranches) totaling $329.43 million. Credit enhancement on the notes is comprised of overcollateralization (”OC”...

NEW YORK--(BUSINESS WIRE)--KBRA affirms the BBB+ insurance financial strength ratings (IFSR) for First Protective Insurance Company and Frontline Insurance Unlimited Company. The Outlook for both ratings is Stable. First Protective Insurance Company (FPIC) is a property/casualty insurer focused on writing personal homeowners coverage primarily in Florida as well as four other coastal states in the Southeast. Frontline Insurance Unlimited Company (FIUC; together with FPIC, “the Company”) is a pr...

NEW YORK--(BUSINESS WIRE)--KBRA assigns preliminary ratings to six classes of mortgage pass-through notes from Verus Securitization Trust 2023-7 (VERUS 2023-7), a $669.2 million non-prime RMBS transaction. The underlying collateral, comprising 1,284 residential mortgages, is characterized by a significant concentration of loans underwritten using alternative income documentation. Borrowers in the subject pool possess a non-zero WA original credit score of 736 and exhibit moderate equity in each...

NEW YORK--(BUSINESS WIRE)--KBRA assigns preliminary ratings to six classes of mortgage pass-through notes from Verus Securitization Trust 2023-7 (VERUS 2023-7), a $669.2 million non-prime RMBS transaction. The underlying collateral, comprising 1,284 residential mortgages, is characterized by a significant concentration of loans underwritten using alternative income documentation. Borrowers in the subject pool possess a non-zero WA original credit score of 736 and exhibit moderate equity in each...

NEW YORK--(BUSINESS WIRE)--KBRA assigns preliminary ratings to six classes of mortgage pass-through notes from Verus Securitization Trust 2023-7 (VERUS 2023-7), a $669.2 million non-prime RMBS transaction. The underlying collateral, comprising 1,284 residential mortgages, is characterized by a significant concentration of loans underwritten using alternative income documentation. Borrowers in the subject pool possess a non-zero WA original credit score of 736 and exhibit moderate equity in each...

NEW YORK--(BUSINESS WIRE)--To access rating and relevant documents, click here. Click here to view the report. Methodologies Sovereigns: Sovereigns Rating Methodology ESG Global Rating Methodology Disclosures Further information on key credit considerations, sensitivity analyses that consider what factors can affect these credit ratings and how they could lead to an upgrade or a downgrade, and ESG factors (where they are a key driver behind the change to the credit rating or rating outlook) can...