Fannie and Freddie are poised to bring the bacon home in regard to fourth quarter earnings. Any wild cards here? Probably not.

The office market, which accounted for 26.2% of nonagency CMBS collateral last year, posted a 44.7% increase from 2018.

Fun fact: More VA loans were funded in the 4Q19 than FHA-backed mortgages, a rarity.

Something to think about: What if Trump doesn’t get reelected? Will the Dow react differently under a President Warren or Sanders than it would a Biden or Bloomberg? Whatever happens, it won’t be boring…

Then again, not all banks are pulling back from agency servicing…

For the full year of 2019, total mortgage complaints from end users were down 9.1%...

No other mortgage stocks came close but there were strong valuation gains from PennyMac Financial Services, up 60% for the year, and in the mortgage insurance sector.

Only two banks ranked among the top agency sellers last year: Wells Fargo and JPMorgan Chase.

The HUD IG said it will provide a broader accounting of the issue when it publishes a formal report.

MBA's Frantantoni suggested the suddenness of the spike in housing starts may indicate it’s temporary...