| Feb 7, 2011 1:25PM The new Chairman of the House Financial Services Subcommittee on Capital Markets and Government-Sponsored Enterprises has invoked what he called "The Cantor Rule" as a framework for reforming the U.S. housing finance mechanism. Representative Scott Garrett (R-NJ) shared with attendees at the American Securitization Forum (ASF) Conference on Monday what Majority Leader Eric Cantor tells House members to always ask themselves, ' Are my efforts addressing job creation and the economy; are they reducing... Feb 7, 2011 9:25AM We're not ready to pass sole possession of the production coupon title belt onto the 5.0 30yr MBS coupon just yet but lock desks are decidedly more split on their pipeline hedging strategies after the 7-week trading range broke down last Friday. Current indications do indeed warrant the shift and we're already seeing secondary managers make the move toward 5.00% coupons, but these MBS coupon price declines must be confirmed before 5.00% 30s are given primary ownership of the production coupon crown...
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