US mortgage bonds flat to firmer in light trade - 2004-03-23
U.S. mortgage-backed bond prices were unchanged to slightly higher late on Tuesday, with
yield spreads little changed to slightly narrower.

Investors said activity was modest because few investors want to make large bets in an environment in which there is a great deal of uncertainty about U.S. interest rates.

Some investors are already looking ahead to late next week when the U.S. Labor Department publishes the March employment report.
Read the full story at Forbes

CLOSING COSTS: HUD puts brakes on mortgage plan - 2004-03-23
The Department of Housing and Urban Development's bold plan to lower closing costs and streamline the home-purchase process was dealt a severe blow yesterday, when HUD decided to put the plans on ice.

Advocates say the proposal would have allowed consumers to compare different mortgage rates and total settlement costs offered by different packagers.
Read the full story at New York Newsday