The costs of servicing nonperforming FHA loans were high enough for Mortgage Center, a Michigan-based credit union service organization, to change its strategy.

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.)

Some homebuyers are finding relief by assuming FHA mortgages that were originated during the pandemic.

FHA issued a waiver last week allowing borrowers to make early payments under a trial payment plan.

FHA resolves most Neighborhood Watch errors; MISMO publishes standard for FHA applications; former FHA commissioner joins VA lender’s advisory board.

Heads of government mortgage programs discussed current and future initiatives last week at the Mortgage Bankers Association’s servicing summit.

Enhancing exclusive listing periods of foreclosed properties for owner-occupants might have had an effect on increasing the supply of affordable homes for homebuyers despite caveats, according to the Department of Housing and Urban Development’s Office of Inspector General.

A class-action lawsuit filed against Veterans United alleges that the lender collected fees from external agents in exchange for leads, and misrepresented itself as an affiliate of the VA.

The Department of Housing and Urban Development’s Office of the Inspector General identified 64 potential fraud schemes FHA hadn’t accounted for in its single-family risk inventory.

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.