Refinances of loans insured by the Department of Veterans Affairs declined in the second quarter, according to an Inside FHA/VA Lending analysis and ranking of endorsement data. (Includes three data tables.)

Sources say chatter of a potential reduction to FHA’s mortgage insurance premium has been circulating around Washington, DC.

Ginnie Mae is using its internal framework to evaluate potential use cases for AI, to avoid feeding data into a public model, according to its president, Joe Gormley.

The Mortgage Bankers Association fired back in defense of the FHA program and nonbank participants after an opinion piece in the Wall Street Journal suggested nonbanks engaged in risky underwriting under the government guarantee.

Ginnie Mae’s latest Global Markets Analysis Report spotlighted programs that provide financing for FHA Title I and II loans for manufactured and modular homes.

The Department of Veterans Affairs improperly credited an automated appraisal management service it contracted with for work that was done by government employees, according to the Government Accountability Office.

The Urban Institute recommended that FHA efficiently target a few key areas that have the greatest potential to help ensure the success of its small-dollar lending pilot.

Ginnie adds manufactured-home disclosure; FHA application share decreases; Ginnie portal to go offline for update.

But real movement on mortgage insurance premium cuts isn't likely to happen at least until polling results indicate which party will control the next Congress.

Recent vintages are showing deterioration in debt service coverage ratios compared to their levels at underwriting, according to Trepp.