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HECM Lenders Call for Changes to Upfront Premiums

December 12, 2025
Emmeline Willey
Industry groups recommended that FHA consider reverting the upfront mortgage insurance premiums on home equity conversion mortgages to the previous risk-based model.
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FHA Seeks Relief for Contractors With 203(k) Proposal

December 12, 2025
Emmeline Willey
FHA proposed tweaking its limited 203(k) rehabilitation loan program to reduce financial burdens on contractors.
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Gen Z Veterans Drive VA Purchase Lending Up

December 12, 2025
Emmeline Willey
Younger borrowers are behind much of the growth of VA purchase mortgages, according to an analysis by Veterans United.
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House Lawmakers Pick Up Effort to Raise Multifamily Loan Limits

December 12, 2025
Emmeline Willey
Two new bills in the House aim to modernize FHA multifamily loan limits by more than quadrupling the current caps.
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Around the Industry

December 12, 2025
Emmeline Willey
Progress on FHA, Ginnie nominee confirmations; USDA preps for delegated authority; FHA Connection MFA compliance extended; FHA expands HECM, HMBS comment period.
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Retail Share of Nonconforming Lending Declines in 3Q

December 12, 2025
Abby Zimmardi
Both the correspondent and broker channels picked up some market share from the retail channel in the third quarter of 2025. At Chase, the largest nonconforming retail lender among a group of 38 lenders, retail volume was up 1.6% during the third quarter. (Includes two data tables.)
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Strong Support for SEC to Help Non-Agency Market

December 12, 2025
Abby Zimmardi
A push by the Securities and Exchange Commission to revise disclosure standards for publicly-registered non-agency MBS has broad support.
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Citi Sends GSE Loans With Private MI to Non-Agency MBS

December 12, 2025
Abby Zimmardi
Some 36.5% of the mortgages in a new $365.0 million non-agency MBS from Citi have private mortgage insurance and were eligible for delivery to Fannie Mae and Freddie Mac.
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Backflip Issues Its First RTL Securitization

December 12, 2025
Abby Zimmardi
Backflip closed its first residential transition loan securitization last week, a $95 million deal.
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Non-QM Lenders Turning to AI for Automation

December 12, 2025
Abby Zimmardi
The non-agency mortgage space is becoming more comfortable with artificial intelligence to help make the loan origination process more efficient.
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