The Prodigal Son

Not much out there today in the financial report arena.  Europe’s oldest prodigal son, Greece, appears to be willing to stay in the EU family, and has all but been granted a six month extension on their debt resolution.

Closer to home, foreclosures were down 16% from December 2013 to December 2014.

Mortgage Backed Securities are still drifting lower–having lost about a point and a half since the beginning of the month.