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Trump Directive Encourages FHA, VA Appraisal Alignment

March 27, 2026
Emmeline Willey
Executive orders from President Trump aiming to address housing supply and affordability include many FHA and VA provisions.
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USDA to Pilot Delegated Underwriting Authority

March 27, 2026
Emmeline Willey
The U.S. Department of Agriculture’s Rural Housing Service will allow some lenders to begin trialing long-awaited delegated underwriting authority.
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MBA Calls for Flexibility on VA Fee Documentation

March 27, 2026
Emmeline Willey
The granular fee documentation requirements VA imposes on lenders are inconsistent with how some services are priced, according to the Mortgage Bankers Association.
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Around the Industry

March 27, 2026
Emmeline Willey
FHA spread widens; MBA dispels rumor about False Claims Act lawsuits; Ginnie digitizes multifamily claims.
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Ginnie MBS Issuance Sees Seasonal Plunge in February

March 13, 2026
Emmeline Willey
Issuers of Ginnie Mae securities took it easy in February, producing just $38.07 billion of MBS, off 24.6% from the previous month. Purchase mortgage and refi volumes declined at similar paces. (Includes two data tables.)
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Servicers Seek More Time to Implement VA Partial Claims

March 13, 2026
Emmeline Willey
The Mortgage Bankers Association and Community Home Lenders of America urged the Department of Veterans Affairs to allow for at least 180 days to implement a new partial claim program.
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MBA Calls for Changes to FHA Multifamily Loan Limits

March 13, 2026
Emmeline Willey
The Mortgage Bankers Association withheld its support for housing legislation ahead of a vote this week in the Senate, seeking changes to FHA and VA provisions. The Senate passed the bill without further amendments.
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Servicers Face Higher Costs Amid Rising Delinquencies

March 13, 2026
Emmeline Willey
The costs of servicing nonperforming FHA loans were high enough for Mortgage Center, a Michigan-based credit union service organization, to change its strategy.
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Ginnie MBS Withdrawals Hit Three-Year High in 4Q

March 13, 2026
Emmeline Willey
Some $87.67 billion of loans were removed from Ginnie Mae mortgage-backed securities during the fourth quarter of 2025, with about 87% of them representing borrower payoffs. (Includes two data tables.)
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FHA Borrowers Assuming Pandemic-Era Mortgages

March 13, 2026
Emmeline Willey
Some homebuyers are finding relief by assuming FHA mortgages that were originated during the pandemic.
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