Endorsements of FHA home equity conversion mortgages fell overall in the second quarter of 2025, although purchase HECMs saw double-digit gains. (Includes three data tables.)

FHA has rescinded a pair of policies enacted in 2022 that were meant to give owner-occupants an upper hand in foreclosure sales over institutional investors.

Sharp staff cuts at FHA, VA and Ginnie Mae could lead to major problems for mortgage lenders and borrowers, according to analysts. But for now it appears to be business as usual for originations and servicing.