MBS RECAP: 3/14/2011

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Posted To: MBS Commentary

MBSonMND : MBS RECAP Open MBSonMND Dashboard FNMA 3.5 94-16 : +0-14 FNMA 4.0 98-21 : +0-07 FNMA 4.5 102-02 : +0-07 FNMA 5.0 104-31 : +0-09 GNMA 3.5 95-12 : +0-10 GNMA 4.0 100-04 : +0-07 GNMA 4.5 103-11 : +0-05 GNMA 5.0 106-09 : +0-06 FHLMC 3.5 94-07 : +0-09 FHLMC 4.0 98-16 : +0-07 FHLMC 4.5 101-31 : +0-06 FHLMC 5.0 104-27 : +0-07 Pricing as of 4:00 PM EST Afternoon Market Updates A recap of MBS Market Updates provided by MND Analysts and streamed live to the MBSonMND Dashboard . 4:00PM : Former TBW President Pleads Guilty to Fraud Raymond E. Bowman, the former president of Taylor, Bean & Whitaker Mortgage Corp., pleaded guilty to two charges over his role in what U.S. prosecutors said was a $1.9 billion fraud scheme. Bowman, 45, who lives in Atlanta, entered his plea today in federal court...(read more)

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Source: www.mortgagenewsdaily.com

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