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Loan Modification

: Mortgage Lender Implode-o-Meter

JP Morgan Says Sell Mortgage Bonds as Fed Snaps Up Record MBS

By Implode-Explode Heavy Industries

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" The spread of mortgage-backed securities (MBS) bonds yields to Treasuries is tight and likely to remain tight in the near-term, but swap spreads are currently 5-10 bps too narrow to greatly entice private investors, according to a JP Morgan Securities conference call on MBS and asset-backed securities (ABS)."

Full post as published by Mortgage Lender Implode-o-Meter on January 15, 2010 (boomark / email).

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