The review will consider the interplay between the non-agency market and the GSEs and the impact of the exemption for qualified residential mortgages...

Fannie and Freddie are still on course to be recapped and released but fist a few things must occur: FHFA needs to create capital standards and then there's the investor road shows.

One Freddie shareholder quipped: "It sounds like something their advisors would have recommended – to improve proforma [earnings] going into a capital raise."  

Mat Ishbia of UWM: “We feel great knowing more LOs [loan officers] and consumers are going through the broker channel…”

Wells Fargo posted a 6.5% increase in repurchases from the second quarter, though its year-to-date volume was down from 2018.

The senators asked for a detailed timeline for ending the conservatorships and a list of benchmarks the GSEs must meet.

The deduction for mortgage insurance premiums and a tax break on forgiven mortgage debt had expired at the end of 2017 while funding for the National Flood Insurance Program was set to elapse on Dec. 20.