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Ginnie Servicing Balances Up in 3Q, UWM Outshines YoY

October 17, 2025
Emmeline Willey
While most of the top Ginnie Mae servicers reported single-digit portfolio increases in the second quarter, United Wholesale Mortgage’s Ginnie servicing volume increased a whopping 87.8% year over year. (Includes three data tables.)
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Government Shutdown Stalls USDA Lending

October 17, 2025
Emmeline Willey
Most government-insured mortgage lending continues while the government is out of commission, but lending under the Department of Agriculture’s Rural Housing Service is on hold.
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Lenders Need to Continually Promote VA Home Loans

October 17, 2025
Emmeline Willey
Despite best efforts of lenders to create awareness of the VA home loan program, many veteran borrowers still fall through the cracks, according to Freedom Mortgage COO Mike Patterson.
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Judge Pauses Layoffs of HUD FHEO Employees

October 17, 2025
Emmeline Willey
A federal judge issued a temporary restraining order blocking planned layoffs at federal agencies, including the Department of Housing and Urban Development’s Office of Fair Housing and Equal Opportunity.
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D.R. Horton, DHI Mortgage Sued Over Low Tax Estimates

October 17, 2025
Emmeline Willey
Homebuilder D.R. Horton and its lending subsidiary DHI Mortgage are accused of using deceptive loan pricing and marketing practices.
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Fannie to Update Desktop Underwriter for FHA/VA

October 17, 2025
Emmeline Willey
Fannie Mae will update its Desktop Underwriter service for FHA and VA to include changes made in updated appraisal forms.
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Around the Industry

October 17, 2025
Emmeline Willey
FHA refinance applications increase; Rep. Ritchie Torres, D-NY, seeks HUD help following Bronx apartment explosion.
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Government Shutdown Could Limit FHA Lending

October 3, 2025
Emmeline Willey
FHA is continuing to endorse most single-family home loans during the government shutdown, but with some constraints.
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FHA Makes Additional Loss-Mitigation Changes

October 3, 2025
Emmeline Willey
About a week before FHA’s updated loss-mitigation waterfall went into effect, the agency issued several changes. However, servicers have additional time to incorporate the new updates.
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FHA Loan Review System Maintenance Delayed by Shutdown

October 3, 2025
Emmeline Willey
Ongoing maintenance of FHA’s Loan Review System will likely be prolonged by the government shutdown. The system remains offline in the meantime.
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