MBS moved higher this morning following today’s data. Weekly Jobless Claims rose slightly to 366K, above the consensus of 360K. Fourth quarter Productivity declined to -2.0%, lower than the consensus of -1.5%.
MBS moves higher than anticipated
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Kristen Sieffert leads the reverse mortgage presence at The Gathering
FOA’s president spoke about bringing reverse mortgages into the mainstream at the event in Scottsdale, Arizona.