A provision in the Senate’s tax and spending bill would require the government to sell some federal land for residential housing development.

Ginnie Mae signed a memorandum of understanding with South Korea’s state-owned government-sponsored enterprise to remove barriers to investments in housing.

The Trump administration and Republicans in Congress are aiming to restrict access to relief from the Federal Emergency Management Agency – or get rid of it entirely.

The Senate Finance Committee’s draft of the 2026 discretionary spending budget would make the PMI tax deduction permanent.

A&D recently acquired the unit from Mr. Cooper Group.

Issuance of both purchase mortgages and refinances increased last month, with refi volume hitting its highest level since November. Most Ginnie issuers in the top 10 beat the overall monthly growth. (Includes two data tables.)

Appropriations to the FHA for administrative expenses would increase by $10 million over fiscal year 2025 funding levels under the Trump administration’s discretionary budget proposal.

FHA revised policies governing how servicers must engage with delinquent borrowers for loss-mitigation discussions. FHA said the changes will help servicers save on costs.

A second bill that would authorize the Department of Veterans Affairs to establish a partial claim program has joined a similar House-approved measure in the Senate Veterans Affairs committee’s pipeline.

A&D Mortgage will carry on the flexible FHA lending practices previously observed at the former Flagstar’s correspondent unit.