US mortgage bonds quiet: eye on jobs, prepay data - 2004-02-02
U.S. mortgage-backed prices were little changed on Monday in tandem with U.S. Treasury prices
amid quiet trading activity as investors eagerly awaited U.S. labor and mortgage prepayment data due later this week.

Short-covering by dealer firms helped nudge in spreads of mortgage bonds early in the session, according to a trader. Some of the dealers buying back mortgage bonds on Monday were short because of heavy bank demand last week and month-end buying.
Read the full story at Reuters via Yahoo!

Stewardship Financial Corporation Declares Record Earnings for Year Ending December 31, 2003 - 2004-02-02
Stewardship Financial Corporation, parent company of Atlantic Stewardship Bank, declared today net income earned for the year ended December 31, 2003, of $3.5 million, or $1.11 basic net income per share.

The earnings for 2003 were achieved during a period of continued pressure on interest margins. The increase in earnings is attributed to the growth in core deposits combined with the increase in commercial lending and residential mortgage origination.
Read the full story at Business Wire via Yahoo!