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FHA Course Corrects on Legal Deadline Issue

January 2, 2026
Emmeline Willey
FHA waived new language that complicated how partial payments on delinquent mortgages would affect the legal deadline for servicers to proceed with foreclosure.
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House Committee Advances Housing for 21st Century Act

January 2, 2026
Emmeline Willey
The House Financial Services Committee voted 50-1 to report out the Housing for the 21st Century Act with amendments.
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Senate Confirms FHA, Ginnie Leadership

January 2, 2026
Emmeline Willey
The Senate confirmed Frank Cassidy and Joe Gormley to lead FHA and Ginnie Mae, respectively.
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Around the Industry

January 2, 2026
Emmeline Willey
FHA replaces MCM contractor; VA transitions handbooks to new site; FHA updates Appraiser Roster Management policies.
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GSEs, Credit Unions and REITs Advancing on MBS

January 2, 2026
John Bancroft
The overall supply of residential MBS outstanding rose 0.7% in the third quarter of 2025.
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FHA’s MMIF Capital Ratio Holds Steady in FY 2025

January 2, 2026
Emmeline Willey
As of the end of fiscal year 2025, the MMIF's capital reserves were at $188.87 billion.
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Average First-Time Homebuyer Age Remains Consistent

January 2, 2026
Emmeline Willey
Despite differing metrics, the average age of first-time homebuyers are in their early-to-mid thirties.
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Industry, Consumer Groups at Odds on Section 1071 Changes

January 2, 2026
Shannon Clark
The proposal seeks to narrow the scope of the original rule's data collection requirements.
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Short Takes: FHLBank Chicago Opens Community Advance Product for 2026 / Equity Bancshares Completes Merger / 2025 Mortgage Rates Hit New Low / Independent Bank Corp. Appoints New EVP Retail Banking

January 2, 2026
Shannon Clark
The FHLB of Chicago's Community Advance product is accepting applications for the new year.
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Brokers Optimistic for 2026, Expect Non-QM Offerings to Expand

January 2, 2026
Abby Zimmardi
Brokers are feeling optimistic about 2026, due in part to the expansion of non-qualified mortgage offerings.
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