VA

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.

Pennymac Offers New Loss-Mit Option Ahead of Deadline

ewilley@imfpubs.com — Mon, 17 Aug 2026 11:57:00 -0400

Mark Acosta, chief servicing officer at Pennymac, said the nonbank’s proprietary servicing platform allowed the lender to implement the partial claim option quickly.

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.

VA Allows Non-Judicial Foreclosure of Loans With Partial Claims

ewilley@imfpubs.com — Wed, 12 Aug 2026 11:56:00 -0400

Servicers will not need to use a judicial foreclosure process to terminate a loan backed by the Department of Veterans Affairs that has a partial claim interest, according a new VA policy.

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.

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.

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.

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.

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.

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, 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.

Veterans United Seeing Cost Savings With eNotes

ewilley@imfpubs.com — Wed, 20 May 2026 11:58:00 -0400

The lender saves 5 basis points per loan on average using eNotes.

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.

Agency MBS Issuance Soars in April, Prior to Lending Disruption

jbancroft@imfpubs.com — Tue, 12 May 2026 11:59:00 -0400

April issuance was the highest monthly total since June 2022, when the market was coming down from the euphoria of the COVID-19 rally.

Low Downpayment Borrowers Struggle to Compete

jdohnert@imfpubs.com — Mon, 11 May 2026 11:57:00 -0400

Some real estate agents are pushing clients away from offers supported by some government-backed mortgage products, industry members say.

OCC Settles With Federal Savings Bank Over FTC Act Violations

ewilley@imfpubs.com — Thu, 30 Apr 2026 11:56:00 -0400

According to the order, Chicago-based Federal Savings Bank sent millions of advertisements, telling consumers that they had “available funds” and should contact the bank; the ads were actually for a VA cash-out refi.

Bayview Tops Ginnie Servicers, Passing Freedom in 1Q

ewilley@imfpubs.com — Tue, 28 Apr 2026 11:59:00 -0400

Bayview handled a $436.71 billion Ginnie portfolio as of the end of March, up 1.5% from the end of 2025.

GSE Purchase-Mortgage Volume With Private MI Gains Share

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

On average, loan-to-value ratios and debt-to-income ratios are much higher for GSE purchase mortgages with private MI compared with loans that don’t carry MI.

Delinquency Recovery Less Robust in First Quarter of 2026

bivey@imfpubs.com — Thu, 23 Apr 2026 11:58:00 -0400

The main difference in 2026 was that later-stage delinquencies increased.

Homeownership Feels Out of Reach for Many Military Homebuyers

jdohnert@imfpubs.com — Mon, 20 Apr 2026 11:56:00 -0400

More than half of survey respondents held at least one misconception about VA home loans, including about 30% that weren't aware that the loans require no downpayment.

Ginnie Drives Growth in Agency Servicing in First Quarter

jbancroft@imfpubs.com — Fri, 17 Apr 2026 11:59:00 -0400

Ginnie posted a 1.3% quarterly gain in servicing outstanding to $2.726 trillion at the end of March, not including servicing of home-equity conversion mortgages.

Ginnie Issuance Declines in First Quarter, Refis Steady

ewilley@imfpubs.com — Wed, 15 Apr 2026 11:59:00 -0400

The refi share of Ginnie issuance increased to 43.9% in the first quarter of 2026, the highest since the second quarter of 2021.

Correspondent Channel Gains Share in FHA/VA Lending

ewilley@imfpubs.com — Tue, 31 Mar 2026 11:59:00 -0400

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

MBA Urges VA to Better Align Fee Documentation With Industry Standard

ewilley@imfpubs.com — Mon, 30 Mar 2026 11:57:00 -0400

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