The two biggest issues the MBA has with the bill in the Senate involve loan limits for FHA multifamily mortgages and provisions in an effort to limit institutional ownership of single-family properties.

One of the mortgagee letters that established the policies in 2022 required that HUD document all CWCOT property sales, but the HUD OIG said it didn’t keep records verifying buyers, such as the statements owner-occupants must sign verifying they intend to use the home as a principal residence.

Refi guarantees in the Department of Veterans Affairs’ home loan program more than doubled during the fourth quarter.

Issuance of Ginnie Mae mortgage-backed securities increased by 3.5% on a monthly basis in January.

In October, FHA launched long-awaited updates to its waterfall, instating a trial payment plan that a borrower would have to complete before taking a permanent loss-mitigation option.

Marina Walsh, a vice president of industry analysis at the MBA, suggested that the rise in FHA delinquency rates could soon slow.

The total FHA delinquency rate hit 11.86%, the third-highest reading in the past decade.

Mortgage applications declined by 8.5% last week compared to the week prior.

GSE purchase-mortgage business with private MI declined at about half the rate of the decline seen in FHA purchase-mortgage business in the fourth quarter of 2025.

The Mortgage Bankers Association, America’s Credit Unions and the Independent Community Bankers of America asked for three specific policy changes to address housing affordability.