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Mortgage and Lending - The Federal Savings Bank/Lending in 50 states - NMLS # 109616

ARCHIVED BLOG POSTS

2014 

Mortgage backed securities (MBS) closed down 25 basis points today at 103.31 having fallen below support offered by the 25 day moving average and remained above support offered at the 103.06 level.  bonds which began the day on a positive note fell off during the day as stocks began to improve.  ...
11/10/2014
Mortgage backed securities (MBS) closed down 3 basis points today at 103.25 having remained below resistance offered by the 25 day moving average and above support at the 103.06 level.  MBS bonds once again did well to stay close to break even in the face of another move up for stocks.  After ini...
11/05/2014
After last week's largest advance for any week this year, stock futures opened slightly lower this morning.  Equity markets were mixed throughout the day with the Dow down early, then crossing into the positive before the NASDAQ closed as the only index with a gain for the day.  Traders were hedg...
11/03/2014
Mortgage backed securities (MBS) closed down 12 basis points today at 103.25 having remained below resistance offered at the 103.44 level and above support at the 103.06 level. MBS sold off heavily early in the day to find themselves down 25 basis points.  This drop precipitated a call for a re-p...
11/03/2014
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