Sharp staff cuts at FHA, VA and Ginnie Mae could lead to major problems for mortgage lenders and borrowers, according to analysts. But for now it appears to be business as usual for originations and servicing.

So far, there's been no snafus on the approval of Ginnie Mae servicing sales.

HUD has no oversight authority over the GSEs, but it looks as though the HUD secretary will have a seat at the restructuring table.

Senate Banking Committee members seek clarity over HUD Secretary Scott Turner’s statement that he would lead the process of ending the conservatorships of Fannie Mae and Freddie Mac.

Is the White House being less than forthcoming about job cuts at HUD and DOGE finding “misplaced” funds at the agency? You decide. But mortgage bankers are getting nervous.

Carrington, a Ginnie contractor that handles defaulted servicing for the agency, was listed as the recipient of some of these funds.

Mortgage professionals have yet to report any snafus regarding FHA and/or Ginnie business approvals. However...

Can HUD, FHA and Ginnie survive with 50% fewer workers? Fasten the seat belt and put on your helmet. We may soon find out.

Some servicing advisors believe that, at the very least, Ginnie approvals on sale of MSRs will slow.

FHFA removed reference to DEI on the GSE scorecard. Are SPCPs next on the chopping block?