While impairments on securitized debt service coverage ratio loans have increased, losses have been minimal.

Unison cuts equity loan APR; demand for vacation homes drops; Beeline starts affiliate network; weak demand for second homes.

The House Veterans’ Affairs Committee forwarded a partial claims bill to Congress, but committee members warned that tens of thousands of veteran borrowers are facing foreclosure in the meantime.

The Mortgage Bankers Association is seeking rollbacks and revisions of FHA and VA regulations that the trade group sees as burdensome.

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FHA has archived nearly 600 mortgagee letters that it determined had expired or been fully superseded by the current FHA handbook or other policies, to help improve the accuracy of web searches.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