PORTFOLIO Deep dives into topics that matter to community banks " Rarely, if ever, have such a wide range of pass-through rates on mortgage securities been available simultaneously. This gives a portfolio manager a delectable set of options. " -JIM REBER, ICBA SECURITIES On page 34, learn how volatile rates are currently affecting MBS options. independentbanker.org // 17 Photo by YesPhotographers/Adobehttp://www.independentbanker.org