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HECM Endorsements Tick Up in 2025

March 27, 2026
Emmeline Willey
Endorsements of home equity conversion mortgages increased by 3.2% on an annual basis in 2025, even with four consecutive quarterly declines since the fourth quarter of 2024. (Includes three data tables.)
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Ginnie Servicers Nearing DQ Ceiling Face Elevated Buyouts

March 27, 2026
Emmeline Willey
Servicers of government loans in Ginnie Mae mortgage-backed securities will need to ramp up buyout activity as delinquencies in their portfolios increase.
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Trump Directive Encourages FHA, VA Appraisal Alignment

March 27, 2026
Emmeline Willey
Executive orders from President Trump aiming to address housing supply and affordability include many FHA and VA provisions.
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USDA to Pilot Delegated Underwriting Authority

March 27, 2026
Emmeline Willey
The U.S. Department of Agriculture’s Rural Housing Service will allow some lenders to begin trialing long-awaited delegated underwriting authority.
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MBA Calls for Flexibility on VA Fee Documentation

March 27, 2026
Emmeline Willey
The granular fee documentation requirements VA imposes on lenders are inconsistent with how some services are priced, according to the Mortgage Bankers Association.
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Around the Industry

March 27, 2026
Emmeline Willey
FHA spread widens; MBA dispels rumor about False Claims Act lawsuits; Ginnie digitizes multifamily claims.
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Maxex Platform Grows With Tradeweb

March 27, 2026
Abby Zimmardi
In the month since announcing its partnership with Tradeweb, Maxex has seen growth in its digital exchange platform. The company also made updates to its non-QM Select 5 program.
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Newer Non-Agency Lenders Face Stumbling Blocks

March 27, 2026
Abby Zimmardi
If originators moving into the non-agency space are not careful with product types unfamiliar to them, there can be risk and operational ramifications downstream.
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Correspondent Share of Nonconforming Lending Increases

March 27, 2026
Abby Zimmardi
In 2025, the correspondent channel gained market share in the nonconforming market from the retail and broker channels. (Includes two data tables.)
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AAPL Warns of Fraud on Business-Purpose Loans

March 27, 2026
Abby Zimmardi
The American Association of Private Lenders issued the alert because of concerns that the fraud patterns could be widely replicated.
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