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Industry Seeks Clarity on FHA’s RAP Pilot

September 25, 2026
Emmeline Willey
Industry groups urged FHA to make the proposed alternative partial claim structure friendlier for smaller lenders and called for communication with Ginnie Mae investors.
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Ginnie ET Issuance Jumps, Delinquencies Elevated

September 25, 2026
Emmeline Willey
Issuance to Ginnie Mae custom extended-term pools spiked twice in the last year, after FHA and VA changed their loss-mitigation policies. Delinquency rates on the pools are also exceptionally high.
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CHLA Reiterates Call for Liquidity Facility for Nonbanks

September 25, 2026
Emmeline Willey
The Community Home Lenders of America is doubling down on its call for a liquidity backstop for Ginnie Mae nonbank servicers.
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HECM Endorsements Increase in 2Q

September 25, 2026
Emmeline Willey
Endorsements of FHA-insured home equity conversion mortgages picked up in the second quarter, but not enough to combat the slide year-over-year. (Includes three data tables.)
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FHA Proposes Adopting GSE Property Standards

September 25, 2026
Emmeline Willey
FHA might hand the industry an item on its wish list, according to a proposal that floated adopting the property condition and quality rating scales used by the government-sponsored enterprises.
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Around the Industry

September 25, 2026
Emmeline Willey
Jones nominated for FHA commissioner; odds low for FHA mortgage insurance premium cut; FHA terminates DE for some lenders; HUD plans HECM sale; fee hike planned for Section 184 program.
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Ginnie MBS Issuance Down in August as Refi Slide Continues

September 11, 2026
Emmeline Willey
Refinance volume included in Ginnie Mae mortgage-backed securities slipped for the fourth consecutive month in August as interest rates climbed higher. (Includes two data tables.)
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FHA to Accept VantageScore, FICO 10T Starting Jan. 1

September 11, 2026
Emmeline Willey
FHA plans to begin accepting loans underwritten using the new scoring model on a wide scale, rather than via a limited rollout.
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HUD Withdraws Reorganization Plans

September 11, 2026
Emmeline Willey
The Department of Housing and Urban Development quickly withdrew a cost-benefit document, which outlined reorganization plans.
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Trade Groups Voice Concerns Over VA Disclosures

September 11, 2026
Emmeline Willey
Industry groups urged FHA to flesh out and update the disclosures for VA mortgages that will be added to FHA mortgage applications as a result of Congress’ new housing law.
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