Delinquencies continue to rise but industry participants stress there’s no cause for concern. They pointed to a change in FHA loss-mitigation policies during the fourth quarter and “market recalibration.” (Includes two data tables.)

The Department of Veterans Affairs is developing policy to support the partial claim program authorized by Congress last year, according to the executive director of VA’s Loan Guaranty Service.

Servicers are doubling down on their recapture strategies, but to an extent they might be racing the clock as borrowers lose satisfaction with their servicer over time, industry leaders said this week.

House Republicans said they’re drafting legislation that would end the conservatorships of Fannie Mae and Freddie Mac.

David Neylan, president and chief operating officer at Guild Mortgage, said there is no quick fix to make homebuying more affordable.

Mortgage industry generally supports the proposal’s efforts to withdraw HUD’s discriminatory effects regulations.

Refi originations increased by 96.8% on a quarterly basis in the fourth quarter of 2025. For the full year, refi volume was up 61.2% while purchase-mortgage lending increased by 2.4%. (Includes five data tables.)

The House approved legislation this week aimed at increasing housing supply. Before the vote, President Trump called for an additional provision that wasn’t included.

Lenders are examining opportunities to retain more servicing this year as originations are expected to stay steady.

Unemployment and inflation are leading to an increase in delinquencies and foreclosures.