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Ginnie MBS Issuance Down in August as Refi Slide Continues

September 11, 2026
Emmeline Willey
Refinance volume included in Ginnie Mae mortgage-backed securities slipped for the fourth consecutive month in August as interest rates climbed higher. (Includes two data tables.)
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FHA to Accept VantageScore, FICO 10T Starting Jan. 1

September 11, 2026
Emmeline Willey
FHA plans to begin accepting loans underwritten using the new scoring model on a wide scale, rather than via a limited rollout.
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HUD Withdraws Reorganization Plans

September 11, 2026
Emmeline Willey
The Department of Housing and Urban Development quickly withdrew a cost-benefit document, which outlined reorganization plans.
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Trade Groups Voice Concerns Over VA Disclosures

September 11, 2026
Emmeline Willey
Industry groups urged FHA to flesh out and update the disclosures for VA mortgages that will be added to FHA mortgage applications as a result of Congress’ new housing law.
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FHA Lender Denial Rates Consistent Over Time

September 11, 2026
Emmeline Willey
Many large FHA lenders were consistently more lenient or stringent in their acceptance of applications over an eight-year period studied in a pair of new working papers.
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Desktop Underwriter to Accept ARM Rates From FHA Lenders

September 11, 2026
Emmeline Willey
Fannie Mae will update its automated underwriting system so it can accept lender-provided interest rates for FHA ARMs.
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UI Suggests Rate Roll-In Can Reduce VA Prepayments

September 11, 2026
Emmeline Willey
If borrowers of VA loans only paid refinance fees in cash or by rolling the fees into the interest rate, it would more accurately reflect the annual percentage rate of the new mortgage, thus reducing refis where the benefit is razor-thin, according to the Urban Institute.
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Around the Industry

September 11, 2026
Emmeline Willey
FHA Connection to institute ID check; USDA Farm Service Agency modernizes loan delivery; FHA application share increases.
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FHA Mortgage Insurance Premium Cut Chatter Perks Up

August 28, 2026
Emmeline Willey
Sources say chatter of a potential reduction to FHA’s mortgage insurance premium has been circulating around Washington, DC.
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Ginnie Cautiously Exploring AI Use Cases

August 28, 2026
Emmeline Willey
Ginnie Mae is using its internal framework to evaluate potential use cases for AI, to avoid feeding data into a public model, according to its president, Joe Gormley.
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Latest Imf News

  • Retail Channel’s Share of Originations Increases in 2Q

  • FHA to Allow VS4, FICO 10T at Beginning of 2027

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  • Interest Rates Hit Another High for the Year

More Imf News

Featured Data

  • Non-Agency Jumbo Lending Increases in Second Quarter

  • FHA, VA Production Strong Even as Refis Decline in 2Q

  • Banks See Modest Increase in MBS Holdings, Ginnie Gains

  • All Products Gained in 2Q But Agency Market Lagged

More Featured Data

Featured Reports

  • 2026 Mortgage Market Statistical Annual (PDF)

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  • Mortgage Profitability Report 1Q26 (PDF)

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As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?

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