Slight interest rate relief might lead to a refinance wave that could help servicers offset some of the performance drags expected from prepayments and rising unemployment.

The proposal would raise the number of draw requests permitted per contractor from two to four under FHA's Limited 203(k) Rehabilitation program.

Trade groups suggested improvements to Ginnie Mae’s reverse-mortgage securitization program, many of which were already included in a planned update the agency has gone quiet on.

Republicans in the House plan to reduce regulations to improve housing affordability.

Participants in the housing market addressed the House Committee on Financial Services this week, broadly seeking deregulatory measures they said would cure the affordability crisis.

The changes also allow VA to charge default-related fees under the partial claim, among other adjustments.

Purchase-mortgage endorsements accounted for 71.6% of volume, the highest level seen since the second quarter of 2024.

Sen. Tina Smith, D-MN, discussed the matter this month during the testimony of Glen Smith, USDA nominee for Rural Development under secretary.

The refinance share of VA loan endorsements shrank in the third quarter, despite falling interest rates. (Includes two data tables.)

Joseph Gormley and Frank Cassidy, the individuals nominated to lead Ginnie Mae and FHA, respectively, maintained support for actions taken by the agencies this year in responses to the committee.