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Ginnie Mae Issuance Rebounds in January; USDA Loans Spike

February 13, 2026
Emmeline Willey
Issuance of Ginnie Mae mortgage-backed securities increased modestly during January. Issuance backed by USDA recovered to recent highs after a partial shutdown halted endorsements late last year. (Includes two data tables.)
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Ginnie Mae to Improve Nonbank Controls

February 13, 2026
Emmeline Willey
Ginnie Mae said it was working to implement changes to its monitoring frameworks recommended by the Government Accountability Office to curb the risk from the agency’s exposure to nonbanks.
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AARP Sues Celink and HECM Servicers

February 13, 2026
Emmeline Willey
AARP filed a class-action lawsuit against Celink and large home equity conversion mortgage servicers, claiming the parties violated state and federal laws.
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Around the Industry

February 13, 2026
Emmeline Willey
HUD seeks energy rule rescission; USDA eyes ADU inclusion; FHA applications rise.
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Prime Non-Agency MBS Issuance Up Nearly 40% in 2025

February 13, 2026
Abby Zimmardi
Rate-term refinances and loans eligible for sale to the GSEs helped to increase issuance of prime non-agency MBS in 2025. (Includes three data tables.)
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Brokers First Funding Plots Non-QM Growth in 2026

February 13, 2026
Abby Zimmardi
The wholesale lender’s goals include increasing brand awareness, geographic expansion and improving service levels.
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Newrez Increases Production of Non-QMs in 4Q

February 13, 2026
Abby Zimmardi
Originations of non-qualified mortgages by Newrez increased by 50% on a quarterly basis in the fourth quarter of 2025.
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Maxex and Tradeweb Collaborate on Mortgage Marketplace

February 13, 2026
Abby Zimmardi
Maxex and Tradeweb Markets announced a collaboration to expand access to mortgage investments. Tradeweb also made a strategic investment in Maxex.
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Non-QM Performance Sees Slight Recovery in December

February 13, 2026
Abby Zimmardi
The improvement was not enough to recover the ground lost in November, which ended on a Sunday.
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Fraud Involving DSCR Mortgages Rising

February 13, 2026
Abby Zimmardi
Cotality’s fraud risk index grew 1.5% year-over-year in the fourth quarter of 2025, driven by a rise in issues with debt service coverage ratio loans.
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