There are 263,000 jobs created in the October jobs report.
The participation rate actually went up overall by about 63.5%.
We have a strong, tight labor market, which is not giving up. The unemployment rate went down, which gives the Fed the green light to hammer another 75 basis points at their meeting in November.
The administration has been pushing a fair housing agenda. To try and serve the underserved and get them into houses.
What's not consistent with that message is that the Fannie Mae and Freddie Mac (GSEs) are hammering repurchases.
They're hammering us with repurchases, even for loans that are performing.