https://www.insidemortgagefinance.com/rss en-us ewilley@imfpubs.com After a boomlet in April, Ginnie issuance declined a bit in May. Refi volume declined, while issuance involving purchase mortgages ticked up thanks to spring homebuying. (Includes two data tables.) http://www.insidemortgagefinance.com/articles/237668 Fri, 05 Jun 2026 15:08:00 -0400 https://www.insidemortgagefinance.com/articles/237668-ginnie-issuance-down-in-may-as-refis-slump ewilley@imfpubs.com Frank Cassidy, who stepped away from his position as FHA commissioner in April on what was originally a temporary leave of absence, announced this week that he’s returning to the private sector. http://www.insidemortgagefinance.com/articles/237681 Fri, 05 Jun 2026 15:07:00 -0400 https://www.insidemortgagefinance.com/articles/237681-cassidy-exits-fha-commissioner-role ewilley@imfpubs.com The Department of Veterans Affairs updated its loss mitigation waterfall to incorporate the partial claim option that’s received much fanfare since its political inception. http://www.insidemortgagefinance.com/articles/237670 Fri, 05 Jun 2026 15:06:00 -0400 https://www.insidemortgagefinance.com/articles/237670-va-updates-loss-mitigation-policies ewilley@imfpubs.com FHA is seeking comments on its minimum property requirements, signaling the possibility of future alignment with the government-sponsored enterprises. http://www.insidemortgagefinance.com/articles/237633 Fri, 05 Jun 2026 15:05:00 -0400 https://www.insidemortgagefinance.com/articles/237633-fha-invites-critique-of-property-requirements ewilley@imfpubs.com The volume of delinquent loans removed from Ginnie Mae mortgage-backed securities increased on a quarterly basis in the first quarter. Overall liquidations declined, with fewer payoffs. (Includes two data tables.) http://www.insidemortgagefinance.com/articles/237675 Fri, 05 Jun 2026 15:04:00 -0400 https://www.insidemortgagefinance.com/articles/237675-ginnie-removals-of-delinquent-loans-grew-in-1q ewilley@imfpubs.com The Department of Veterans Affairs posted an article educating borrowers about refinance opportunities, and warning them of a variety of pitfalls including unwanted or misleading advertisements. http://www.insidemortgagefinance.com/articles/237654 Fri, 05 Jun 2026 15:03:00 -0400 https://www.insidemortgagefinance.com/articles/237654-va-warns-of-misleading-refi-ads ewilley@imfpubs.com FHA automated the case number assignment protocol for condominium spot approvals. http://www.insidemortgagefinance.com/articles/237650 Fri, 05 Jun 2026 15:02:00 -0400 https://www.insidemortgagefinance.com/articles/237650-fha-streamlines-condo-approvals ewilley@imfpubs.com House passes bill increasing IRRRL fees; FHA closes OIG recommendations; USDA adds Native CDFI. http://www.insidemortgagefinance.com/articles/237673 Fri, 05 Jun 2026 15:01:00 -0400 https://www.insidemortgagefinance.com/articles/237673-around-the-industry ewilley@imfpubs.com Although changes to FHA’s loss-mitigation policies are expected to resolve most of the persistent re-defaults in its portfolio, FHA borrowers continue to be the most exposed to financial stressors. http://www.insidemortgagefinance.com/articles/237554 Fri, 22 May 2026 14:58:15 -0400 https://www.insidemortgagefinance.com/articles/237554-risk-lingers-for-fha-portfolio ewilley@imfpubs.com Ginnie Mae President Joe Gormley addressed how he’s been filling a dual role as temporary FHA head since Commissioner Frank Cassidy went on leave from the position in April. http://www.insidemortgagefinance.com/articles/237551 Fri, 22 May 2026 14:54:16 -0400 https://www.insidemortgagefinance.com/articles/237551-ginnie-head-says-hq-consolidation-helps-with-dual-fha-role nbhatia@imfpubs.com Lenders turned down 22.0% of applications received for FHA loans in 2025. The rejection rate on VA mortgages was a more modest 16.1%. (Includes data table.) http://www.insidemortgagefinance.com/articles/237529 Fri, 22 May 2026 14:50:19 -0400 https://www.insidemortgagefinance.com/articles/237529-denial-rates-on-government-insured-mortgages-steady-in-2025 ewilley@imfpubs.com The lender has tailored its strategy to help VA borrowers compete in a market where government loans are overlooked in favor of higher-downpayment conventional mortgages or cash buyers. http://www.insidemortgagefinance.com/articles/237500 Fri, 22 May 2026 14:48:21 -0400 https://www.insidemortgagefinance.com/articles/237500-newday-seeks-to-make-va-loans-competitive ewilley@imfpubs.com FHA could sustain a zero-downpayment loan option for first-time homebuyers if Congress would allow it, analysts at the Urban Institute contended in a new proposal. http://www.insidemortgagefinance.com/articles/237502 Fri, 22 May 2026 14:44:23 -0400 https://www.insidemortgagefinance.com/articles/237502-urban-argues-for-zero-down-fha-mortgage ewilley@imfpubs.com The federal government in 2026 will provide $293.43 billion in loans and loan guarantees to rural households. Some $27.43 billion will come from the Rural Housing Service and $107.52 billion through FHA and VA. http://www.insidemortgagefinance.com/articles/237497 Fri, 22 May 2026 14:43:28 -0400 https://www.insidemortgagefinance.com/articles/237497-cbo-finds-govt-subsidizing-rural-housing-if-risk-priced-in bivey@imfpubs.com Bill in House would add to IRRRL fees; FHA proposes rejecting applicants with delinquent child support obligations; FHA to automate some case number assignments for condos. http://www.insidemortgagefinance.com/articles/237553 Fri, 22 May 2026 14:42:29 -0400 https://www.insidemortgagefinance.com/articles/237553-around-the-industry ewilley@imfpubs.com Young homebuyers using low- to zero-downpayment loans, usually government-insured loans, can’t compete with cash buyers for single-family homes. http://www.insidemortgagefinance.com/articles/237424 Fri, 08 May 2026 16:05:34 -0400 https://www.insidemortgagefinance.com/articles/237424-low-ltv-loans-struggle-to-compete-for-sfhs ewilley@imfpubs.com Many top correspondent sellers of government loans increased sales by the double-digits in 2025 compared to 2024, while top seller Veterans United saw a decline. (Includes data table.) http://www.insidemortgagefinance.com/articles/237404 Fri, 08 May 2026 16:04:36 -0400 https://www.insidemortgagefinance.com/articles/237404-correspondent-sales-activity-choppy-among-lenders-in-2025 ewilley@imfpubs.com Trade groups representing lenders want VA to align its appraisal standards with other government agencies and clarify minimum property requirements. http://www.insidemortgagefinance.com/articles/237427 Fri, 08 May 2026 16:02:37 -0400 https://www.insidemortgagefinance.com/articles/237427-industry-groups-call-for-va-to-reform-appraisals ewilley@imfpubs.com A bill sponsored by Republicans in the House seeks to revise the appraisal process for VA mortgages, and to open the VA program to more condo lending. http://www.insidemortgagefinance.com/articles/237409 Fri, 08 May 2026 15:59:39 -0400 https://www.insidemortgagefinance.com/articles/237409-house-republicans-seek-to-modernize-va-program ewilley@imfpubs.com The Biden-era rule required new home constructions backed by FHA and USDA loans to meet stricter energy standards. The move is part of the Trump administration’s efforts to increase housing affordability. http://www.insidemortgagefinance.com/articles/237412 Fri, 08 May 2026 15:57:41 -0400 https://www.insidemortgagefinance.com/articles/237412-hud-usda-roll-back-energy-efficiency-updates ewilley@imfpubs.com Foreclosure starts on FHA-insured loans were up by about 30% across the first six months of the 2026 fiscal year on an annual basis. http://www.insidemortgagefinance.com/articles/237429 Fri, 08 May 2026 15:56:43 -0400 https://www.insidemortgagefinance.com/articles/237429-fha-foreclosures-climb-in-fy-2026 ewilley@imfpubs.com Ginnie guides Onity to restructure FoA deal; T&I to exceed some HECM borrowers’ set-asides; FHA applications rise; HUD sets multifamily caps for 2026; advocacy orgs warn of HUD’s attempt to expand data collection. http://www.insidemortgagefinance.com/articles/237431 Fri, 08 May 2026 15:55:44 -0400 https://www.insidemortgagefinance.com/articles/237431-around-the-industry ewilley@imfpubs.com Investment firm PIMCO believes FHA and Ginnie Mae should tackle builder buydowns to lower housing costs. http://www.insidemortgagefinance.com/articles/237287 Fri, 24 Apr 2026 16:35:03 -0400 https://www.insidemortgagefinance.com/articles/237287-pimco-calls-for-fha-ginnie-to-tackle-buydown-price-inflation ewilley@imfpubs.com The U.S. Department of Agriculture’s Rural Housing Service proposed excluding real estate commission fees from interested party contributions as part of an effort to lower closing costs for buyers. http://www.insidemortgagefinance.com/articles/237255 Fri, 24 Apr 2026 16:33:10 -0400 https://www.insidemortgagefinance.com/articles/237255-usda-seeks-to-exclude-commission-fee-from-concession-limit ewilley@imfpubs.com The Mortgage Bankers Association’s chief economist warned of some deterioration in FHA loan pools, even as the industry and Ginnie Mae write off the recent increase in delinquencies as an immaterial consequence of altered modification timelines. http://www.insidemortgagefinance.com/articles/237286 Fri, 24 Apr 2026 16:32:05 -0400 https://www.insidemortgagefinance.com/articles/237286-schrodingers-fha-delinquency-crisis ewilley@imfpubs.com M&T Bank’s mortgage-banking income declined in the first quarter because of a change in how it values mortgage servicing rights. The bank is optimistic its FHA subservicing business will see stronger returns in the second half of the year. http://www.insidemortgagefinance.com/articles/237302 Fri, 24 Apr 2026 16:29:08 -0400 https://www.insidemortgagefinance.com/articles/237302-m-and-t-bank-keen-on-fha-subservicing ewilley@imfpubs.com HUD Secretary Scott Turner said FHA plans to accept VantageScore 4.0 and FICO 10T scores, but didn’t provide a timeframe. http://www.insidemortgagefinance.com/articles/237301 Fri, 24 Apr 2026 16:28:06 -0400 https://www.insidemortgagefinance.com/articles/237301-fha-to-modernize-credit-scores ewilley@imfpubs.com The Office of the Comptroller of the Currency entered into a consent order with Chicago-based Federal Savings Bank to settle allegations that the bank misled VA borrowers on refinance loans. http://www.insidemortgagefinance.com/articles/237298 Fri, 24 Apr 2026 16:27:13 -0400 https://www.insidemortgagefinance.com/articles/237298-treasury-office-alleges-deceptive-va-advertisements-at-chicago-bank ewilley@imfpubs.com FHA reminds servicers of occupancy verification; Georgia’s Community Bankshares gets a slap on the wrist for USDA business; FDIC appoints FHA advisor; FHA spreads narrow. http://www.insidemortgagefinance.com/articles/237303 Fri, 24 Apr 2026 16:26:14 -0400 https://www.insidemortgagefinance.com/articles/237303-around-the-industry ewilley@imfpubs.com FHA Commissioner Frank Cassidy has taken a leave of absence for the foreseeable future. http://www.insidemortgagefinance.com/articles/237169 Fri, 10 Apr 2026 15:12:37 -0400 https://www.insidemortgagefinance.com/articles/237169-top-ginnie-official-temporarily-heading-fha