A lack of internal candidates has clouded the replacement process for former FHA Commissioner Frank Cassidy.

Provisions designed to increase borrower awareness of the availability of home loans backed by the Department of Veterans Affairs remain in an expansive housing bill that Congress could pass as soon as next week. The MBA has expressed operational concerns.

Cure activity on FHA loans improved in March and April, though foreclosure starts rose for the third consecutive month in April.

Frank Cassidy said that he’s resigning from his role as FHA commissioner to return to the private sector.

FHA automated the case number assignment protocol for condominium spot approvals.

A return to activities-based nonbank designation could help the Financial Stability Oversight Council get ahead of nonbank risk.

Purchase-mortgage volume declined 14.3% on a sequential basis, while refinances were up 8.0%. The rise was propelled by FHA refis, which grew 6.2% from the fourth quarter to $24.06 billion.

FHA published a request for information seeking ways to ease its minimum property requirements.

Denial rates for most mortgage products declined on an annual basis in 2025, though denials of applications for purchase mortgages via FHA and USDA increased slightly. (Includes data table.)

Conventional-conforming mortgages accounted for 54.3% of originations in the first quarter of 2026. Rocket Mortgage was the top producer of the loans in the quarter. (Includes two data tables.)