Author name: Ricky Vasquez

Deal brings Fannie, Freddie and Ginnie execution plus MSR book

President urged the Federal Reserve to cut rates after August payrolls rose by 162K and unemployment held at 4.1%

The U.S. labor market added a surprising 162,000 jobs in August, according to data released Friday by the Bureau of Labor Statistics. Total nonfarm payroll rose by 162,000 positions, while data for July was revised up by 44,000 jobs, from -23,000 to +21,000 jobs. In total, the estimates for the prior two months were revised