Loans backed by FHA and the Department of Veterans Affairs have captured a larger share of the market in recent years, but the affordability crisis could hit government-insured borrowers harder.

Staffing levels at the Department of Housing and Urban Development fell in the third quarter last year, according to a report from the Government Accountability Office.

HUD, USDA rescind COVID eviction policies; USDA business delinquencies rise; FHA Neighborhood Watch errors; Ginnie revises termination grounds.

Issuance of Ginnie Mae mortgage-backed securities increased modestly during January. Issuance backed by USDA recovered to recent highs after a partial shutdown halted endorsements late last year. (Includes two data tables.)

Delinquent FHA loans stay that way for longer under the loss-mitigation updates FHA rolled out at the start of the fourth quarter.

The House Committee on Veterans’ Affairs advanced a bill that would raise fees on the Department of Veterans Affairs’ streamlined interest rate reduction refinance loans.

The Department of Housing and Urban Development has been funded through the 2026 fiscal year by the consolidated appropriations package signed into law last week.

The number of loans that FHA sampled for defects appeared to decline last year as the share of defective loans rose.

Ginnie Mae said it was working to implement changes to its monitoring frameworks recommended by the Government Accountability Office to curb the risk from the agency’s exposure to nonbanks.

AARP filed a class-action lawsuit against Celink and large home equity conversion mortgage servicers, claiming the parties violated state and federal laws.