The U.S. housing regulator has cooled market expectations that the mortgage guarantors Fannie Mae and Freddie Mac could be quickly retooled prior to the 2020 presidential election. So reports Reuters.

By Pat Sherlock, Founder QFS Sales Solutions

In a recent conversation with a branch manager, I asked if his originators were using video in their selling process. The manager sighed and answered, "Not really., they only use it when I create the video for them."

Mortgage rates were flat as markets digested a week of mixed economic news. So reports The Washington Post.