"And you will see this in the new year, I will announce some of the most aggressive housing reform plans in American history," President Trump said.

Two Harbors held MSRs with a total unpaid principal balance of $175.82 billion as of the end of September.

Fannie recently considered strengthening its net worth requirements for large nonbank issuers.

The unemployment rate increased from 4.4% in September to 4.6% in November.

“The council is working with member agencies to consider where aspects of the U.S. financial regulatory framework impose undue burdens and where they harm economic growth, thereby undermining financial stability,” Scott Bessent, secretary of the Treasury Department, said of the Financial Stability Oversight Council.

“There is no investigation into Bill Pulte,” wrote Pam Bondi, U.S. attorney general.

Interest rates on mortgages are expected to remain in a narrow band in the next few years.

Fannie and Freddie issued separate updates aimed at identifying and preventing fraud in mortgage transactions.

The National Community Reinvestment Coalition is accepting confidential tips and will investigate fair lending issues.

Foreclosure filings declined by 3% on a monthly basis in November.