Don’t expect any rapid changes to the charters of Fannie Mae and Freddie Mac. After all, GSE reform is hard. At least that’s the message of some market watchers.
In a Trump administration it's possible Fannie Mae and Freddie Mac would would face more competition and have less of an economic edge over non-GSE rivals, said Cowen & Co.
Wells Fargo once again ranked first among all agency sellers with $17.6 billion sold to Fannie, Freddie and Ginnie. Quicken was second with $8.46 billion.
After soaring to nearly a four-year high in September, monthly production of Fannie Mae, Freddie Mac and Ginnie Mae MBS starting coming to earth in October. The three agencies issued a total of $146.68 billion of single-family MBS last month, down 8.8 percent from September. Even with the downturn, October still ranked as the second-highest monthly issuance since June 2013. Year-to-date production edged...[Includes two data tables]