Not much to report - 6.0% Fannie MBS down 12 bps on the day. Minimal changes from lenders today. Tomorrow should be interesting.
I only wrote this report because I promised earlier today that I would give an update, and I'm a man of my word. Things are going to be a little nuts for a while longer, until the government sorts out this mess that they partially created.
Maybe I should start a new bank and begin to fix this crisis myself.