First Trust/FIDAC Mortgage Income Fund Declares Monthly Common Share Distribution of $0.16 Per Share for December First Trust/FIDAC Mortgage Income Fund has declared the Fund’s regularly scheduled monthly common share distribution payable on December 10, 2010 to shareholders of record as of December 3, 2010. Dan4th Read more on Business Wire via Yahoo! Finance

Radian Leads Mortgage Insurer Rally on First Profit Since 2009 Radian Group Inc. led mortgage insurers higher in New York trading after posting its first profit in five quarters as claims costs fell. isafrancesca Read more on BusinessWeek