Mat Ishbia, the president and CEO of United Wholesale Mortgage (UWM), said last week he doesn’t think that releasing Fannie Mae and Freddie Mac from conservatorship is a major focus for the Trump administration — and he isn’t sure “whether it should be.” 

One thing he is confident about: If ending the conservatorship results in higher mortgage rates, it’s unlikely the government will move forward with it. In fact, Ishbia suggested the current arrangement is working well.

“Quite honestly, Fannie Mae and Freddie Mac are details ⇒

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