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Mortgage Rates improved marginally from yesterday's new all-time lows. Without any major scheduled events to digest, bond markets were left to their own devices and paid a decent amount of attention to a sell-off in stocks.
The Office of the Comptroller of the Currency closed Alabama Trust Bank in Sylacauga on Friday, making it Alabama's first bank failure in more than a year.
The Agricultural Bank of China Limited (ABC) has received approval from the Federal Reserve Board and New York Financial Services Authority to set up a branch in New York.
