Patrick Zondervan, executive director of the VA Loan Guaranty Service, said the agency was “absolutely willing” to examine its appraiser requirements.

Some $2.71 trillion of Ginnie servicing was outstanding as of the end of 2025, up 6.8% from 2024.

The $87.67 billion of removals were largely tied to borrower payoffs.

VA proposed backdating eligibility for the program to May 1, 2025, picking up where the Veterans Affairs Servicing Purchase program left off.

The number of homes relisted in January was the highest figure for the month since 2016, according to Redfin.

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.

VA is set to brief members of Congress on the new program and then head toward implementation.

VA refi issuance was the highest since the fourth quarter of 2021.

Mortgage rates declined slightly in the government-insured market after the Trump administration directed Fannie Mae and Freddie Mac to purchase a combined $200 billion in agency mortgage-backed securities.