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Revised Primary Mortgage Market Survey (PMMS) debuts Thursday at noon.
The cap is set at $75 billion each for Fannie Mae & Freddie Mac.
Rates holding firm near 20-year highs.
Fannie YOY earnings down nearly 50%; Freddie's fall 55% as housing market shrinks.
Industry vet Ravi Shankar returns after stints at Boston Consulting, UWM.
MBA says rate volatility will be with us for a while.