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?

Regulators and lenders will have to figure out how to comply with non-discrimination laws without resorting to the use of DEI.

Scott Turner's recent appointment as head of HUD should help push through some of the agency's new agenda items.

The Senate voted 55-44 to confirm Scott Turner as housing secretary, paving the way for the Trump administration to install new leadership at FHA and Ginnie Mae.

The Trump administration is expected to put an early focus on reducing regulation and improving efficiency at federal housing agencies.