THIS JUST IN: Are Fannie Mae and Freddie Mac finally contemplating unloading some of their nonperforming loans onto the secondary market? One player in the NPL space said the two GSEs—which have toyed with the idea for the better part of a year—are once again considering doing something.

Remember when Donald Trump owned a mortgage brokerage firm? It was early last decade and from what I recall Trump Mortgage (or whatever the thing was called) wasn’t exactly a market leader. And when ‘The Donald’ saw that trouble was on the way in mortgageland USA he did what any smart businessman would do: he ran for the hills and closed the thing down.

Perhaps, one day we will all look back at the past two years and say, “Boy, that was a great time to buy a house – prices were so low, and so were rates.” Well, we know the rate part is correct, as for whether we’ve reached a bottom in home values, the jury is still out.

José Torres, senior economist at Interactive Brokers, breaks down the FOMC decision and Fed Chair Jerome Powell's press conference.

Sean Snaith, Director of the Institute for Economic Forecasting at the University of Central Florida, will provide insight into the FOMC meeting.

Monetary policy remains the key to the markets. The Federal Open Market Committee predicts one rate cut in 2026, but the panel will get a lot of data before