The lender saves 5 basis points per loan on average using eNotes.

FHA expects to rescind a suite of policies next month as a continuation of its deregulatory approach to tackling affordability, said FHA Deputy Assistant Secretary for Single-Family Housing Matt Jones.

April issuance was the highest monthly total since June 2022, when the market was coming down from the euphoria of the COVID-19 rally.

Some real estate agents are pushing clients away from offers supported by some government-backed mortgage products, industry members say.

Bayview handled a $436.71 billion Ginnie portfolio as of the end of March, up 1.5% from the end of 2025.

Daniel Hyman, a portfolio manager at PIMCO, said in a recent report that the buydowns lead to new-build homes selling at an inflated value that a homeowner is unlikely to match when they try to sell later.

On average, loan-to-value ratios and debt-to-income ratios are much higher for GSE purchase mortgages with private MI compared with loans that don’t carry MI.

The GSEs will accept VantageScore 4.0 on a pilot basis. FHA will follow at a later date, along with plans for the GSEs and FHA to allow for use of FICO 10T.

The main difference in 2026 was that later-stage delinquencies increased.