Independent mortgage bankers accounted for a stunning 70% of single-family loans securitized by Fannie and Freddie during the fourth quarter. In a record-smashing year for both GSEs, Freddie boosted its share of the market. (Includes two data charts.)

Their new Senate majority, albeit a slim one, should make it easier for Democrats to pass key budget priorities. But what does it mean for Fannie and Freddie?

According to Congressional bean counters, increasing g-fees would cut the U.S. deficit a cumulative $30 billion through 2030.