Modest jobs gain in December signals even cooler labor market

The U.S. labor market continues to slow with the economy adding just 50,000 nonfarm payroll jobs in December, according to data released Friday by the U.S. Bureau of Labor Statistics (BLS).  In addition to the modest jobs gain, the November jobs number was revised downward to 56,000, which is 8,000
Compass-Anywhere merger closing imminent, brokers share plans to compete

Despite initial estimates calling for a summer or even fall 2026 close for the Compass–Anywhere merger, the two companies have indicated the transaction could close as soon as this Friday.  This news came after shareholders at both firms overwhelmingly voted to approve the merger at special meetings
Trump directs GSEs to buy $200B in MBS to push mortgage rates lower

President Donald Trump said Thursday that he is directing representatives at the government-sponsored enterprises (GSEs) to purchase $200 billion in mortgage-backed securities (MBS), a move he said is intended to bring mortgage rates down. “Because I chose not to sell Fannie Mae and Freddie Mac in m
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