Officials at FHA and Ginnie Mae aren’t currently worried about steadily rising delinquency rates on government-backed loans, but they’re watching closely as FHA tightens its loss-mitigation protocols.

There’s been ongoing work at FHA to modernize its information technology systems, but now some of the upgrades will need to fill the shoes of laid-off workers.

The denial rate for VA home loan refinances fell sharply between 2023 and 2024, at the same time VA refi applications doubled, according to a new analysis by Inside FHA/VA Lending. (Includes data table.)

A bill that would give the Department of Veterans Affairs authority to establish a partial claims program awaits review by the Senate Committee on Veterans’ Affairs, after moving quickly through the House.

The U.S. Department of Agriculture’s Rural Housing Service is considering subsidizing a portion of its guaranteed home loans.

United Wholesale Mortgage is offering 5/1 adjustable-rate mortgage options for FHA and VA loans. Such loans are not common in the government-insured market.

HUD OIG reports large collections following audit; HUD Counseling Committee to hold virtual meeting on June 12; Ginnie’s Gormley emphasizes close working relationship with FHA officials; MBA survey sees flat FHA application share.

The House Veterans’ Affairs Committee forwarded a partial claims bill to Congress, but committee members warned that tens of thousands of veteran borrowers are facing foreclosure in the meantime.

The Mortgage Bankers Association is seeking rollbacks and revisions of FHA and VA regulations that the trade group sees as burdensome.

Veterans United Home Loans saw a sharp decline in correspondent sales of government-backed loans in 2024, while volume at Guild Mortgage and Rate surged. (Includes data table.)