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Inside FHA/VA Lending

June 5, 2026

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Ginnie Issuance Down in May as Refis Slump

After a boomlet in April, Ginnie issuance declined a bit in May. Refi volume declined, while issuance involving purchase mortgages ticked up thanks to spring homebuying. (Includes two data tables.) Read More

Cassidy Exits FHA Commissioner Role

Frank Cassidy, who stepped away from his position as FHA commissioner in April on what was originally a temporary leave of absence, announced this week that he’s returning to the private sector. Read More

VA Updates Loss-Mitigation Policies to Add Partial Claim

The Department of Veterans Affairs updated its loss mitigation waterfall to incorporate the partial claim option that’s received much fanfare since its political inception. Read More

FHA Invites Critique of Property Requirements

FHA is seeking comments on its minimum property requirements, signaling the possibility of future alignment with the government-sponsored enterprises. Read More

Delinquent Loan Removals From Ginnie Increase

The volume of delinquent loans removed from Ginnie Mae mortgage-backed securities increased on a quarterly basis in the first quarter. Overall liquidations declined, with fewer payoffs. (Includes two data tables.) Read More

VA Cautions Veterans About Refi Costs, Misleading Ads

The Department of Veterans Affairs posted an article educating borrowers about refinance opportunities, and warning them of a variety of pitfalls including unwanted or misleading advertisements. Read More

FHA Streamlines Condo Spot Approval Requests

FHA automated the case number assignment protocol for condominium spot approvals. Read More

Around the Industry

House passes bill increasing IRRRL fees; FHA closes OIG recommendations; USDA adds Native CDFI. Read More

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