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Daily update Fri, Dec 19 - 10:35 AM ET

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Mortgage and Lending with American Financial Resources, Inc.

Larry Bailey TruClose Financial ServicesFri, Dec 19 - 10:35 AM ET
President Bush announces a $13.4B loan to GM and Chrysler. Stocks higher after the news. MBS taking a breather after a sharp eun higher in recent weeks.

8:35 AM ET - MBS slightly lower this morning with no economic data due for release. Quadruple witching occurs in the equity markets today so volatility should be rampant. Oil at $34.94.

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Larry Bailey

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