The Center for Responsible Lending said loss-mitigation offerings need to reduce monthly payments to avoid foreclosures.

One housing market that seems to be doing well is Rochester, NY.

Refi activity was up 27.1% from the first quarter and purchase volume rose 19.1%.

Nineteen federal agencies are impacted by the high court's order, including HUD.

The Bank of Glen Burnie will pay $750,000 along with sharing profits for three years and an origination-based add-on.

FHA purchase-mortgage business in Ginnie Mae MBS hit $54.47 billion in the second quarter of 2025.

Locks were up 2.0% from May.

PennyMac was the top correspondent lender of government mortgages in 1Q25.

FHA also lowered restrictions on building in areas with flood risk.

The largest servicing gains in the past year were in servicing for Ginnie Mae, whole loans at nonbanks and in non-agency mortgage-backed securities.