Fannie and Freddie combined to issue just $48.42 billion of single-family MBS in November, a 19.5% decrease from October. Year to date, volume was down 54.1%. (Includes two data charts.)

If the nation goes into recession, paper losses on Treasuries and MBS may deprive small community banks from accessing critical FHLBank advances.

Mortgage brokers argue homeowners shouldn't have to pay fees to fund governmental policy initiatives.