Mixed economic data caused some volatility this morning. Weekly Jobless Claims jumped to 368,000, above the consensus of 350,000.
This follows two weeks of readings below 350,000. Mortgage-backed securities climbed after the news.
Mixed economic data caused some volatility this morning. Weekly Jobless Claims jumped to 368,000, above the consensus of 350,000.
This follows two weeks of readings below 350,000. Mortgage-backed securities climbed after the news.
Sen. Mike Braun offered insights into his recent letter to Ginnie Mae and the potential need for more scrutiny of the HECM and HMBS programs.