The initial rate of prepayments in Ginnie Mae custom buydown pools is slower than the prepayment activity in multiple-issuer pools, which could help investors guard their portfolios.

Banks sold $125.65 billion of mortgages during the fourth quarter of 2025.

The proposed budget for fiscal year 2027 would reduce HUD’s discretionary budget authority by 12.7% compared to the 2026 funding level.

Endorsements of FHA home equity conversion mortgages rose 3.2% on an annual basis to $14.17 billion in 2025.

Purchase mortgages and refinances in the highest loan-to-value ratio category accounted for a greater share of mortgages delivered to Fannie Mae and Freddie Mac in the first quarter of 2026. (Includes two data tables.)

Bank mortgage sales and originations rose in the fourth quarter to levels last seen in 2022. (Includes two data tables.)

The correspondent channel accounted for 38.0% of government-insured originations in 2025, up from a 34.5% share in 2024.

The Mortgage Bankers Association urged VA to adopt lender-generated documentation and bulk invoicing because loan-specific invoices are often not available.

Among a large group of lenders, the correspondent channel accounted for a 38.0% share of government-insured originations in 2025, up from a 34.5% share in 2024. (Includes data table.)

VA is aiming to roll out its partial claim program in June. The agency is also open to revising its appraisal standards.