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Home » Newsletters » Inside FHA/VA Lending

Inside FHA/VA Lending

August 22, 2025

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  • Inside FHA/VA Lending, Full Issue, Aug. 22, 2025 (PDF)

FHA, VA Loan Endorsements Increase in Second Quarter

Government-insured lending increased by 17.3% during the second quarter, lifted by purchase mortgages. (Includes three data tables.) Read More

Bell Exits VA Loan Guaranty Service, Takes on New Role

John Bell stepped down as executive director of the Department of Veterans Affairs LGY office. He was replaced by a longtime VA employee, Patrick Zondervan. Read More

Borrower Payoffs Drive Up Ginnie Removals in 2Q

Loan removals from Ginnie Mae mortgage-backed securities increased by 29.3% during the second quarter of 2025, largely due to borrower payoffs, which are typically refinances. (Includes two data tables.) Read More

HUD Drops Language Services, Adopts English-Only Policy

The policy change could make it difficult for speakers of other languages to access HUD services. Read More

FHA Waived Net Worth Requirements for Some Credit Unions

Julia Gordon, in her final days as commissioner, granted low-income credit unions a waiver from meeting FHA’s net worth requirements for lenders. The action was only recently formally disclosed. Read More

FHA/VA Loan Applications Up From 2024 Levels

Applications for government-backed loans mid-August were above the levels seen in 2024. Read More

Evidence of Discrimination in HECM Lending

Researchers have found that minority applicants were less likely than white applicants to be approved for a reverse mortgage. Read More

Around the Industry

Appraisal Subcommittee gets new leader; VA updates mileage fee criteria; HUD updates handbook. Read More

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