| Jan 11, 2012 2:50PM Earlier today on MBS Live, after briefly discussing the results of today's 10yr Auction, a question came up basically asking if I could explain what I was talking about in English. Although I'm not sure if it's much of an improvement from the original Greek, this was my answer, compiled and formatted for the blog: "When-Issued..." The Primary Means Of Establishing an Auction's Expected Yield When it comes to talking about auction results, and especially the concept of "expected" vs "actual" results... Jan 11, 2012 10:54AM Some would say it is grim out there, and no, I am not talking about Hostess Brands, the manufacturer of Twinkies, Ho Hos, and Ding Dongs cake snacks, filing for Chapter 11 bankruptcy. Is it right that 4,300 of our brethren were notified of losing their jobs, after a potential sale fell through, in a letter to clients with a dancing Snoopy in the letterhead? "To Our Valued Customers... We have made the decision to wind - down all MetLife Home Loans' (MLHL) forward origination business , including...
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