Foreclosure starts on FHA-insured loans were up by about 30% across the first six months of the 2026 fiscal year on an annual basis.

Ginnie guides Onity to restructure FoA deal; T&I to exceed some HECM borrowers’ set-asides; FHA applications rise; HUD sets multifamily caps for 2026; advocacy orgs warn of HUD’s attempt to expand data collection.

Investment firm PIMCO believes FHA and Ginnie Mae should tackle builder buydowns to lower housing costs.

The U.S. Department of Agriculture’s Rural Housing Service proposed excluding real estate commission fees from interested party contributions as part of an effort to lower closing costs for buyers.

The Mortgage Bankers Association’s chief economist warned of some deterioration in FHA loan pools, even as the industry and Ginnie Mae write off the recent increase in delinquencies as an immaterial consequence of altered modification timelines.

M&T Bank’s mortgage-banking income declined in the first quarter because of a change in how it values mortgage servicing rights. The bank is optimistic its FHA subservicing business will see stronger returns in the second half of the year.

HUD Secretary Scott Turner said FHA plans to accept VantageScore 4.0 and FICO 10T scores, but didn’t provide a timeframe.

The Office of the Comptroller of the Currency entered into a consent order with Chicago-based Federal Savings Bank to settle allegations that the bank misled VA borrowers on refinance loans.

FHA reminds servicers of occupancy verification; Georgia’s Community Bankshares gets a slap on the wrist for USDA business; FDIC appoints FHA advisor; FHA spreads narrow.

FHA Commissioner Frank Cassidy has taken a leave of absence for the foreseeable future.