| Dec 28, 2011 2:40PM Unlike yesterday's uneventful market movements, Mortgage Rates are noticeably improved today. While volume remains quite light in general due to a lack of participation on this holiday-shortened week, things were somewhat busier than yesterday in terms of the level of activity on the Secondary Mortgage Market. For some lenders, by the time they released their first rate sheets of the day, the rally was already underway. As such, most of those lenders simply began the day with strong pricing. Other... Dec 28, 2011 11:16AM Overheard recently: "I love Christmas lights - they remind me of some co-workers. They all hang together, half of them don't work, and the ones that do aren't that bright." But there lots of very bright people in the mortgage business, and some wonder about the general common sense level of those in Washington. Take HR 2055 for example. The While house signed HR 2055 which gives 241206 trillion to extend the National Flood Insurance Program through May 31, 2012 , which should give Congress enough time...
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