Industry representatives are urging the Department of Veterans Affairs to delay an interim final rule on VA cash-out refinance loans for fear that lenders may stop offering the product.

Government-backed originations fell significantly in the fourth quarter of 2018 due to a decline in purchase lending even as year-over-year results reflected the uncertainty in last year’s government-backed mortgage market. [Includes three data charts.]

Conventional and VA-backed home mortgages are the most common type of mortgage products that servicemembers complained about to the Consumer Financial Protection Bureau, according to the agency’s latest analysis.

The FHA/VA market continued to lean more heavily on third-party loan producers in 2018, according to a new Inside FHA/VA Lending analysis of Ginnie Mae mortgage-backed securities data. [Includes four data charts.]