Volume of noncore products at the GSEs shifted downward in the first quarter as questions around the future of Fannie Mae and Freddie Mac persist. (Includes data table.)

For the full year, seller repurchases and indemnifications totaled $2.41 billion.

It’s unclear, though, how this stratagem would simplify the “recap and release” of the enterprises.

HUD has no oversight authority over the GSEs, but it looks as though the HUD secretary will have a seat at the restructuring table.

Historically, the GSEs maintained vast portfolios that generated the lion’s share of their profits.

Fannie Mae's and Freddie Mac's plans both received a middle-of-the-road score from the Underserved Mortgage Markets Coalition.

The top three loan sellers to Fannie and Freddie in January: UWM, PennyMac Financial and Rocket Mortgage. Chase ranked fourth.

A full plate of agenda items and a lack of experienced leadership makes a GSE exit from conservatorship unlikely under the new administration.

Uncertainty on the future of Fannie Mae and Freddie Mac has caused some lenders to deliver their agency-eligible production to the non-agency secondary market.

It was largely business as usual for Fannie Mae and Freddie Mac in the fourth quarter. But going forward, the Trump administration could make moves to reduce the two GSEs’ activity. (Includes data table.)