Today's CNBC MarketWrap

Monday, Dec. 10, 2007 Today's top 5 stories on CNBC

1. Mortgages: Surcharges Anger: Debating whether or not the surcharges at Freddie Mac and Fannie Mae are going to make the road to getting a mortgage even tougher, with Jerry Howard, National Association of Home Builders CEO, and CNBC's Steve Liesman.

2. Rate Cut Plays: Investing ahead of the Fed's rate decision, with CNBC's Matt Nesto.

3. Your Best Trades Now: The best trades to make now, with Alex Vallecillo, co-portfolio manager of the Allegiant Mid Cap Value Fund.

4. MBIA's Cash Infusion: MBIA is getting a $1 billion investment from Warburg Pincus, and CNBC's David Faber has more on the terms of the deal.

5. Pending Home Sales: Pending home sales for October were up 0.6% from September, and CNBC's Diana Olick has the details.

Click here to view all of today's Top stories

Tech Check w/ Jim Goldman: HD DVD Vs. Blu-ray--Handicapping The Holiday Sales Race The HD DVD vs Blu-ray 'war' continues into the holiday shopping season. CNBC reporter Jim Goldman blogs on the latest developments for home entertainment supremecy as the retail season heats up. Click here to view posting.

Tune in to CNBC tomorrow to watch the market unfold

1. FED DAY: To cut or not to cut? That is the question. The Federal Open Market Committee will release its interest rate decision around 215p ET. Hampton Pearson will break the news live from the Fed, while Steve Liesman and Rick Santelli are positioned to gauge the market and economic reaction.

2. IT'S ALL ABOUT THE INVENTORY: While the trouble in the mortgage market has been the focus of the nation's real estate trouble, inventory deserves more attention. If you want to know what area is really hurting - forget price, look at inventories. Diana Olick wraps up a market by market overview of the home inventory across the nation.

3. LUNCH WITH WARREN AND HILLARY: The world's most famous investor continues to back his two favorite democrats... this time, Hillary Clinton. Warren Buffett is holding a luncheon fundraiser in San Francisco and Becky Quick has a front row seat. Becky interviews Buffett live at 10a ET on Squawk on the Street and interviews both Buffett and Clinton, post event, live at 5p ET on Fast Money.

4. CITI WATCH: With Prince out, who will inherit Citi's kingdom? The Board of Directors is meeting Monday and Tuesday in their search for a new heir to the Citi throne --- with insider Vikram Pandit the rumored leading contender. Charlie follows the latest developments at the megabank, while Mary Thompson looks at the forecast for the financial supermarket... and provides background on the major players for the job.

5. CATCHING UP WITH WALL ST TITANS: With executive shake-ups and subprime exposure galore, the financial sector has been on the minds of market-watchers and investors alike. Goldman Sachs is holding its "Financial Services CEO Conference" on Tuesday and Wednesday in New York with presentations by BlackRock CEO Larry Fink, Fannie Mae CEO Daniel Mudd and other heavyweights. Michelle Caruso-Cabrera is live outside the Pierre Hotel gathering the latest from the financial sector's most influential executives.

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