MBS MID-DAY: Reprices for Worse Possible

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Posted To: MBS Commentary

MBSonMND : MBS MID-DAY Open MBSonMND Dashboard FNMA 3.5 94-08 : -0-09 FNMA 4.0 98-17 : -0-08 FNMA 4.5 101-31 : -0-05 FNMA 5.0 104-28 : -0-03 GNMA 3.5 95-09 : -0-05 GNMA 4.0 100-01 : -0-06 GNMA 4.5 103-10 : -0-04 GNMA 5.0 106-08 : -0-03 FHLMC 3.5 94-03 : -0-09 FHLMC 4.0 98-13 : -0-08 FHLMC 4.5 101-28 : -0-05 FHLMC 5.0 104-23 : -0-02 Pricing as of 10:59 AM EST Morning Market Updates A recap of MBS Market Updates provided by MND Analysts and streamed live to the MBSonMND Dashboard . 10:47AM : ALERT: MBS Prices Falling. Reprices for Worse Possible Production coupon MBS prices are currently falling from session highs. The FNCL 4.5 is now 7/32 from its best level of the day. Lenders who released rate sheets early may recall and reissue for the worse. Others will simply delay. The end result should...(read more)

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Source: www.mortgagenewsdaily.com

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