FHA

Federal Agencies Rescind SPCP Authorization

dhollier@imfpubs.com — Fri, 28 Aug 2026 11:59:36 -0400

Federal Housing Finance Agency Director Bill Pulte directed Fannie Mae and Freddie Mac to end support for special purpose credit programs earlier this year. But now other agencies are also ending authorization for the programs.

FHA Testing of UAD 3.6 Remains on Track

ewilley@imfpubs.com — Thu, 20 Aug 2026 11:57:00 -0400

Among the milestones that the effort is on track to meet: development of technology systems to accommodate the transition.

Ginnie Issuance Down in July With Fewer Refis

ewilley@imfpubs.com — Wed, 19 Aug 2026 11:59:00 -0400

A rise in purchase-mortgage volume wasn't enough to offset declining refi activity.

Mortgage Delinquencies Let Up in 2Q, Still Above 2025 Levels

bivey@imfpubs.com — Fri, 14 Aug 2026 11:58:00 -0400

FHA mortgages continued to show the worst performance.

Short Takes: Ginnie Updates Seasoning Requirements for RPLs / Redwood Goes Bigger With IPL MBS / Few Homebuyers

bivey@imfpubs.com — Thu, 13 Aug 2026 11:55:00 -0400

Ginnie will allow trial payment periods to count toward the agency’s seasoning requirements.

Loss-Mit Removals of FHA Loans From MBS Increase in 2Q

ewilley@imfpubs.com — Wed, 05 Aug 2026 11:59:00 -0400

FHA loss-mitigation removals more than doubled from $1.86 billion in the first quarter to $4.74 billion.

Declining DQs Signal Stabilization of FHA Market

ewilley@imfpubs.com — Mon, 03 Aug 2026 11:57:00 -0400

Delinquencies initially rose when FHA implemented changes to its loss-mitigation waterfall in October, installing trial payment plans that keep delinquent loans pooled for three months, generally, before the servicer can buy the loan out for a modification.

Primary MI Volume Up Somewhat in First Half of 2026

bivey@imfpubs.com — Fri, 24 Jul 2026 11:59:00 -0400

In the first half of 2026, $120.88 billion of GSE purchase mortgages with private MI was securitized, a 4.5% increase from the first half of 2025.

FHA Pulls Direct Endorsement Approval for 3 Lenders

ewilley@imfpubs.com — Thu, 23 Jul 2026 11:56:00 -0400

Equity Prime Mortgage, AmeriTrust Mortgage and OCMBC had their DE approval terminated in several regions.

Bayview Creates Some Distance From Other Top Ginnie Servicers

ewilley@imfpubs.com — Tue, 21 Jul 2026 11:59:00 -0400

The nonbank increased its Ginnie servicing portfolio by $15.70 billion during the quarter, including $14.35 billion in FHA servicing.

FHA Proposes Alternative to Partial Claims

ewilley@imfpubs.com — Tue, 21 Jul 2026 11:58:00 -0400

FHA proposed an alternative structure for its partial claims in pursuit of making the program easier for program participants and the Department of Housing and Urban Development's servicer to manage.

Ginnie Lenient With VA Delinquencies as Well

ewilley@imfpubs.com — Fri, 17 Jul 2026 11:57:00 -0400

In late April, Ginnie announced that it would exclude FHA mortgages on trial payment plans when calculating servicers’ delinquency ratios for compliance purposes.

FHA, VA Drive Up Primary MI Volume in Second Quarter

bivey@imfpubs.com — Thu, 16 Jul 2026 11:59:00 -0400

Primary MI volume in the agency MBS market increased at a faster pace at FHA and VA in the second quarter of 2026 compared with private MI usage with the GSEs.

M&T Adds Subservicing for Bayview

bivey@imfpubs.com — Thu, 16 Jul 2026 11:56:00 -0400

M&T Bank says it has been adding capacity to its subservicing operations in anticipation of increasing volume.

Purchase Mortgages Drive Up Ginnie Issuance in Second Quarter

ewilley@imfpubs.com — Thu, 09 Jul 2026 11:59:00 -0400

The first-quarter tally was the highest quarterly issuance total for Ginnie since the fourth quarter of 2021.

Mortgage Securitization Rate Increases in First Quarter

bivey@imfpubs.com — Wed, 08 Jul 2026 11:56:00 -0400

The sharpest increase in the use of securitization was in the expanded-credit mortgage market.

Cassidy Returns to Walker & Dunlop After FHA Stint

bivey@imfpubs.com — Tue, 07 Jul 2026 11:57:00 -0400

“I understand how the Department of Housing and Urban Development and FHA operate behind the scenes, how decisions are made, and what it takes to successfully close complex financing transactions from both sides of the table,” Frank Cassidy wrote on Linkedin.

Non-Agency Share of MBS Outstanding Up in First Quarter

jbancroft@imfpubs.com — Wed, 24 Jun 2026 11:59:00 -0400

A total of $545.80 billion of non-agency MBS backed by single-family mortgages was outstanding at the end of March.

FHA Clarifies Mod Requirements, Loosens Lending Regulations

ewilley@imfpubs.com — Wed, 24 Jun 2026 11:58:00 -0400

Matt Jones, FHA single-family housing deputy assistant secretary, indicated the agency believed the rescissions would make the FHA program more accessible to a wide range of lenders.

HECM Originations Increase Slightly in First Quarter

ewilley@imfpubs.com — Tue, 23 Jun 2026 11:56:00 -0400

Mutual of Omaha Mortgage and Finance of America Mortgage, the top two lenders in the sector, lost some market share in the first quarter.

Ginnie Gains More Servicing Share During First Quarter

bivey@imfpubs.com — Thu, 18 Jun 2026 11:59:00 -0400

Ginnie Mae’s share of total residential servicing outstanding increased to 18.5% as of the end of March.

Jumbo Mortgages Gaining Share in Originations

bivey@imfpubs.com — Fri, 12 Jun 2026 11:59:00 -0400

Loans with balances above the baseline conforming loan limit accounted for 16.4% of total originations in the first quarter of 2026.

Ginnie Issuance Ticks Down in May

ewilley@imfpubs.com — Thu, 11 Jun 2026 11:57:00 -0400

The decline in issuance was driven by refinances, with refi volume off 16.8% on a monthly basis.

Refis Drag Down Agency MBS Issuance in May

jbancroft@imfpubs.com — Tue, 09 Jun 2026 11:59:00 -0400

The agencies securitized $30.31 billion of rate-term refis in May, a 32.6% decline from April.

FHA Seeks Feedback on Property Requirements

ewilley@imfpubs.com — Fri, 29 May 2026 11:56:00 -0400

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

FHA, VA Lending Down in First Quarter

bivey@imfpubs.com — Tue, 26 May 2026 11:59:00 -0400

Overall, refinance business was down compared with the fourth quarter of 2025, though FHA refi volume increased by 6.1% due to FHA-to-FHA refi activity.

FHA Still Working on Details for VantageScore, FICO 10T

bivey@imfpubs.com — Fri, 22 May 2026 11:58:00 -0400

“Implementation dates and additional guidance will be announced later this year,” FHA said.

FHA Proposes Denying Loans Due to Delinquent Child Support

bivey@imfpubs.com — Wed, 20 May 2026 11:56:00 -0400

FHA noted that federal law prohibits providing federal financial assistance to individuals with delinquent child support.

FHA Plans De-Regulation to Address Origination Costs

ewilley@imfpubs.com — Tue, 19 May 2026 11:59:00 -0400

FHA expects to rescind a suite of policies next month as a continuation of its deregulatory approach to tackling affordability, said FHA Deputy Assistant Secretary for Single-Family Housing Matt Jones.

Delinquencies on the Rise to Start 2026

jdohnert@imfpubs.com — Fri, 15 May 2026 11:58:00 -0400

The spread between conventional loans and FHA and VA loans last quarter were at their widest margins since 2021, according to the Mortgage Bankers Association’s National Delinquency Survey.