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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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Non-QM Performance Under Pressure

January 2, 2026
Abby Zimmardi
The non-qualified mortgage sector has exhibited significant performance pressure over the past two years. The sector has not yet faced material losses, though.
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