This is mostly an addendum to the last alert, letting you know we've lost another few ticks, thus bringing a few more lenders into the position of considering negative reprices.

Keep in mind, some lenders will have already taken a majority of today's losses into account with their initial rate sheets.  They are only seeing 3-4 ticks of weakness since rate sheet time--usually not enough for reprices. 

Reprice risk would become a more widespread concern is we lost another 2-3 ticks from here.