MBS- FNMA 4.5 price: 100-28

10-yr Treasury Yield: 3.60%

With record foreclosures and 50 million going hungry…

Top executives at troubled insurer American International Group have been struggling financially after taking personal losses in the wake of the near-collapse of the company last year, AIG’s chief executive Robert Benmosche told the Wall Street Journal in an interview.  Link to article…

Conditions have worsened for mortgage rates both yesterday and today, so far.  Will keep an eye on the changes in the market today and will update more later…