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VA Home Loan Program Grapples With Short-Staffing

July 16, 2025
Emmeline Willey
The VA is on pace to reduce its total headcount by close to 30,000 by the end of fiscal 2025.
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Short Takes: Mortgage Applications Decline / Senate Passes VA Bill / SWBC Mortgage Adds New SVP / NAR Launches New Tool

July 16, 2025
Shannon Clark
Mortgage applications slowed last week, due to a rise in mortgage interest rates.
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RMBS Issuance Escalates in 2Q, CMBS & ABS Falls

July 15, 2025
John Bancroft
ABS issuance fell in some sectors during the second reporting period of the year.
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Student Loan Repayment Changes May Affect FHA Borrowers

July 15, 2025
Emmeline Willey
Two new repayment plan structures for student loans disbursed on or after July 1, 2026, were included within the tax and spending bill.
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Trigger Lead Ban Close to the Finish Line

July 15, 2025
Shannon Clark
A ban on mortgage trigger leads looks to be getting closer to being signed into law.
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Short Takes: Mortgage Connect Developing Product for Fannie / Farmer Mac CFO Steps Down / CFPB Terminates Consent Order / Mortgage Credit Availability Shrinks

July 15, 2025
Shannon Clark
Mortgage Connect, a national mortgage servicer, is developing a new product with two companies for Fannie Mae's Title Acceptance program.
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Non-Agency Market Waiting on Crypto Move by GSEs

July 11, 2025
Abby Zimmardi
The GSEs look to follow in the footsteps of a handful of non-agency lenders by considering cryptocurrency holdings when underwriting mortgage borrowers. The impact on the mortgage market remains unclear.
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AGMIT Retaining Risk on Figure Securitization

July 11, 2025
Abby Zimmardi
Figure Lending issued a securitization of home equity lines of credit this week with AG Mortgage Investment Trust acting as the retaining sponsor, a once uncommon practice in the non-agency market that’s gaining traction.
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Real Brokerage Integrates Flyhomes’ Buy-Before-You-Sell Products

July 11, 2025
Abby Zimmardi
The Real Brokerage made an investment in Flyhomes and will offer the lender’s buy-before-you-sell products in the wholesale channel.
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News Briefs

July 11, 2025
Abby Zimmardi
ARDRI appoints new vice president of wholesale production; delinquencies on closed-end second liens rising; New York Mortgage Trust raises capital.
Read More
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