2021 has ushered in plenty of market turbulence, according to Bill Bodnar of The Mortgage Market Guide (MMG). Rates have been on the rise due to escalating inflation expectations.

The Federal Housing Finance Agency has announced that Fannie Mae and Freddie Mac will extend several flexible standards for loan originations by another month.

President Donald Trump’s Treasury Department has unveiled a plan that would effectively suspend Fannie Mae and Freddie Mac’s dividend payments to the U.S. government, setting them on track to leave government control. So reports Bloomberg.