It is the highest monthly total since May. We've also had weekly jobless claims (269k), and productivity / unit labor costs (-5 percent, pitiful, and +8.3 percent, higher than expected). Later this morning brings Freddie Mac's Primary Mortgage Market Survey and the return of Fed speak with Fed Governor Quarles delivering remarks. The Desk is scheduled to purchase up to $4.7 billion of conventional MBS. We begin Thursday with current coupon Agency MBS prices better by .250 and the 10-year yielding 1.57 after closing yesterday at 1.58 percent. Employment and New Hires There's still time to catch AmeriHome Mortgage, the 2nd largest correspondent and 14th largest mortgage lender in the country, in person this month at the Oklahoma MBA National Conference, Texas MBA Annual Mortgage Symposium, and the San Antonio MBA Annual Golf Classic!