President Trump’s proposed budget for fiscal year 2027 would appropriate $160 million for FHA’s administrative expenses, level with the 2026 funding level.

The addition of the trial payment plan in FHA’s loss-mitigation waterfall appeared to have accounted for most of the recent jump in FHA severe delinquencies, according to research published by CRL.

The surviving spouse of a home equity conversion mortgage borrower sued the Department of Housing and Urban Development and PHH Mortgage over the foreclosure of the home she still occupied.

Lawmakers in the Senate introduced a version of a bill to expand mortgage lending by members of the Farm Credit System.

The Ninth Circuit ruled this week in favor of Academy Mortgage over a multiplier applied to the attorney’s fees awarded in a False Claims Act settlement involving FHA mortgages.

FHA seeks underwriting head; FHEO pulls guidance documents; Pennymac supports House VA disclosure measure; HUD seeks revisions to HOME condo spending.

Among a large group of lenders, the correspondent channel accounted for a 38.0% share of government-insured originations in 2025, up from a 34.5% share in 2024. (Includes data table.)

VA is aiming to roll out its partial claim program in June. The agency is also open to revising its appraisal standards.

Endorsements of home equity conversion mortgages increased by 3.2% on an annual basis in 2025, even with four consecutive quarterly declines since the fourth quarter of 2024. (Includes three data tables.)

Servicers of government loans in Ginnie Mae mortgage-backed securities will need to ramp up buyout activity as delinquencies in their portfolios increase.