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Veterans United Sued Over Illegal Predatory Practices

February 27, 2026
Emmeline Willey
A class-action lawsuit filed against Veterans United alleges that the lender collected fees from external agents in exchange for leads, and misrepresented itself as an affiliate of the VA.
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HUD OIG Warns of Fraud Risks at FHA

February 27, 2026
Emmeline Willey
The Department of Housing and Urban Development’s Office of the Inspector General identified 64 potential fraud schemes FHA hadn’t accounted for in its single-family risk inventory.
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FHA, VA Loans Helping Stretched Borrowers

February 27, 2026
Emmeline Willey
Loans backed by FHA and the Department of Veterans Affairs have captured a larger share of the market in recent years, but the affordability crisis could hit government-insured borrowers harder.
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HUD Staff Levels Slip in Third Quarter

February 27, 2026
Emmeline Willey
Staffing levels at the Department of Housing and Urban Development fell in the third quarter last year, according to a report from the Government Accountability Office.
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Around the Industry

February 27, 2026
Emmeline Willey
HUD, USDA rescind COVID eviction policies; USDA business delinquencies rise; FHA Neighborhood Watch errors; Ginnie revises termination grounds.
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Despite Volatility, Crypto Lending Sees Strong Demand

February 27, 2026
Abby Zimmardi
Though the value of bitcoin has dropped sharply in recent months, mortgage lenders allowing borrowers to use the crypto holding to qualify for home purchases are bullish on the product.
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Redwood Markets Inaugural Aspire Securitization

February 27, 2026
Abby Zimmardi
The $391.3 million non-qualified mortgage securitization received preliminary AAA ratings from three firms. The REIT had been selling the production primarily as whole loans until now.
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Non-Agency Servicing Needs Collaboration, Robust Data

February 27, 2026
Abby Zimmardi
Speakers at the Mortgage Bankers Association’s servicing solutions conference discussed what makes a good non-agency servicer.
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MFA Financial’s Income Increases; BPL Lender Expands

February 27, 2026
Abby Zimmardi
MFA Financial posted an increase in income in the fourth quarter of 2025. The firm’s BPL lender Lima One launched a wholesale channel and plans to relaunch multifamily lending in early 2026.
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Angel Oak REIT Leans into HELOCs; Income Steady in 4Q

February 27, 2026
Abby Zimmardi
Though Angel Oak Mortgage REIT’s main focus is non-qualified mortgages, the REIT plans to regularly participate in securitizing home equity lines of credit.
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