MBS MID-MORNING: 4.5's taking a hit

By: Matthew Graham • Tue, Jan 13 2009, 11:35 AM

although the rest of the stack is stable, 4.5's have sold a few ticks now down 5 on the day to 102-01. Extremely sensitive lenders may consider a reprice for the worse. Depending on lender-specific considerations, other lenders may reprice for the worse as well as these are the low of the day. Stay tuned.