Alameda Mortgage News (California, United States)

After a strong open, the value of the Euro fell which pulled stocks lower and forced another flight to quality into risk-free Treasuries. This helped rate sheet influential MBS rally and allowed a few lenders to reprice for the better.

As foreclosures continue to rise and more people are losing jobs, the reality of our economy coming from Walls Street is not the reality of the economy coming from Main Street.