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

The spread between conventional loans and FHA and VA loans last quarter were at their widest margins since 2021, according to the Mortgage Bankers Association’s National Delinquency Survey.

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.

According to the order, Chicago-based Federal Savings Bank sent millions of advertisements, telling consumers that they had “available funds” and should contact the bank; the ads were actually for a VA cash-out refi.

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

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

Ginnie posted a 1.3% quarterly gain in servicing outstanding to $2.726 trillion at the end of March, not including servicing of home-equity conversion mortgages.