MBS ALERT: Reprices Looming

By:

Up, Down, Right , Down....no that is not the Contra cheat code its how the stack has performed so far today...

Fn 4.0->  -0-09 to 100-04           

Fn 4.5->  -0-06 to 101-12            Gn 4.5->  -0-10  to 101-11

Fn 5.0->  -0-08  to 102-02           Gn 5.0->  -0-11 to 102-07

Fn 5.5->  -0-03  to 102-22           Gn 5.5->  -0-04  to 102-24

Fn 6.0->  -0-04 to 103-08            Gn 6.0->  -0-08  to 103-01

Lenders have reason to reprice for the worse after this sell off...