Monday PM
Market is quiet with no action today. Initial Claims (expected up) on Thursday is the news of the week. There is a big slowdown in housing being felt in the country and prices are coming down. The banks will be having issues with the 100 LTV loans that are being done in more recent Months if housing prices stop rising. We see big trouble on the horizon for the banking community.


MCB Mortgage, Inc. specializes in Secondary Marketing & Managed Broker Programs for Banks and Credit Unions.
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