First Trust Mortgage Income Fund has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.085 per share payable on February 17, 2015, to shareholders of record as of February 4, 2015.
AG Mortgage Investment Trust, Inc. , a real estate investment trust , announced today the tax treatment of common and preferred stock dividends declared in 2014.
For generations of U.S. homeowners, the tax deduction on mortgage interest has been a sacrosanct loophole that no one in Congress dare touch. But the collapse in interest rates is producing a bizarre and, so far, underappreciated result. It is making that loophole less and less valuable.