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Refis Lead to Increase in Ginnie MBS Issuance in November

December 18, 2025
Emmeline Willey
While purchase-mortgage issuance fell 8.4% to hit the lowest monthly volume since March, refinance activity spiked 44.0% in November.
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Short Takes: Foreclosures Slow in November / Equifax Offering Income, Employment Verification Earlier / Democrats in Congress Want to Hear From Vought / Another Bite at the Apple for HECM Comments

December 10, 2025
Brandon Ivey
Foreclosure filings declined by 3% on a monthly basis in November.
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FHA Proposes Raising Draw Limits on Rehabilitation Loans

December 5, 2025
Emmeline Willey
The proposal would raise the number of draw requests permitted per contractor from two to four under FHA's Limited 203(k) Rehabilitation program.
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Private MI Sector Gains Originations Share in Third Quarter

November 21, 2025
John Bancroft
Mortgage Guaranty Insurance Corp. remained the top producer among the private MIs.
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Short Takes: Sales of Existing Homes Tick Up / Government Servicing Dataset From MISMO / Newer POS Provider Raises Funds

November 21, 2025
Brandon Ivey
A decline in interest rates on mortgages helped to prop up home sales during the partial shutdown of the federal government.
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Short Takes: FHA, Ginnie Nominations Move Forward / FHA Removes Disclosure Requirement / New Mortgage Lender / Fairway Partners on Credit Card

November 20, 2025
Brandon Ivey
The Mortgage Bankers Association called for the full Senate to quickly confirm the nominees.
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Refis Push Ginnie Issuance Up in October

November 19, 2025
Emmeline Willey
Refi volume in Ginnie MBS issuance increased by 46.7% on a monthly basis to $15.25 billion in October.
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Onity Shifts on Reverse Mortgages, Turns to FoA

November 19, 2025
Brandon Ivey
Onity is selling reverse-mortgage MSRs to Finance of America Reverse and ending production of the loans.
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Negative Equity a Growing Concern for FHA, VA Borrowers

November 17, 2025
Emmeline Willey
Some 4.3% of FHA loans and 7.5% of VA loans are underwater, according to Intercontinental Exchange’s November mortgage report.
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HUD Punts Energy Efficiency Standards to 2026

November 11, 2025
Emmeline Willey
Homebuilders and lenders balked at the standards.
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