Speaking at a public forum recently, Federal Reserve Chair Jerome Powell said the Fed will continue to offload the massive $4 trillion portfolio it acquired through quantitative easing in the wake of the housing crisis.

Single-family mortgage business at Fannie Mae and Freddie Mac slumped in the fourth quarter of 2018 as purchase-mortgage activity faded, according to a new Inside The GSEs analysis of mortgage-backed securities disclosures. [Includes two data charts.]