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Mortgage-Bond Auction Failures Reach Most in 2013 as Prices Drop


By Patrick   Follow   Sun, 23 Jun 2013, 8:41am PDT   435 views   0 comments
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http://www.bloomberg.com/news/2013-06-18/mortgage-bond-auction-failures-reach-most-in-2013-as-prices-drop.html

New York-based brokerage Brean Capital LLC, said today in a telephone interview. Potential buyers are being much more opportunistic, while some sellers are trying to execute at yesterdays levels. Others are seeking bids simply to gauge current prices, he said.

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