Veterans United Home Loans saw a sharp decline in correspondent sales of government-backed loans in 2024, while volume at Guild Mortgage and Rate surged. (Includes data table.)

FHA has archived nearly 600 mortgagee letters that it determined had expired or been fully superseded by the current FHA handbook or other policies, to help improve the accuracy of web searches.

The Trump administration’s 2026 discretionary budget would eliminate the U.S. Department of Agriculture’s single-family home direct loan program, a small program that saw record interest in 2024.

Ginnie Mae is modifying its master subservicer system; VA Loan Guaranty Service launches toolkit for real estate professionals; FHA places 90-day foreclosure moratorium on Virginia homes affected by flooding and winter storms.

Investors are showing a greater interest in ABS this month, following a rocky April. The recent softer tone taken by President Trump on tariffs seems like the reason.

It’s not clear how the Federal Housing Finance Agency’s decision to cut the DEI and ESG programs at the GSEs will impact MBS issuance.

A survey by Moody’s found that a relatively small share of banks have issued credit-risk transfer deals in recent years.

Amid a volatile month, Ellington Financial paused plans to issue an expanded-credit MBS and instead invested in MBS and ABS from other firms.

Vehicle retailer AutoNation has so far focused on nonprime borrowers.

CMBS securitizers can exploit an exemption in risk retention rules to unload riskier tranches. Researchers said this may signal lower loan quality to investors.