Feb 10, 2011 5:45PM Yesterday was one of those "GOOD NEWS/BAD NEWS" sorta days. The good news was mortgage rates ended a damaging 5 day losing streak The bad news was the bleeding had only just stopped. We weren't recovering. Still, at the end of the day there was a positive perspective to be taken away. "Stop the bleeding" was a required pre-cursor to the "first real chance for notable improvements" that we hoped to see today. Unfortunately those improvements did not come. We got close but lost positive progress before... Feb 10, 2011 3:22PM Reuters has shared a sneak peek at the Obama Administration's GSE Reform White Paper, which is due tomorrow. Here are the headlines that just flashed in RED across Eikon.... 15:11 10Feb11 RTRS -OBAMA HOUSING WHITE PAPER DUE FRIDAY INCLUDES OPTION TO CREATE FDIC-LIKE INSURANCE FOR MORTGAGE-BACKED SECURITIES -- SOURCES 15:11 10Feb11 RTRS -OBAMA WHITE PAPER INCLUDES GOVT BACKSTOP OF MORTGAGES DURING NORMAL TIMES BUT PRIVATE MBS INVESTORS WOULD TAKE FIRST LOSS -- SOURCES 15:11 10Feb11 RTRS -OBAMA PAPER...
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