The Senate Committee on Banking, Housing and Urban Affairs approved legislation that would make reforms across government-backed loan programs.

Securitization of FHA purchase mortgages increased by nearly 30% on a sequential basis in the second quarter. That’s double the rate of GSE activity involving private MI as homebuyers look for loans that can help with affordability. (Includes three data tables.)

The bill is now headed to President Trump’s desk; Frank Cassidy nominated for FHA commissioner.

Lakeview, the largest servicer of FHA loans in Ginnie MBS, had 3.5% of these mortgages in the 90-plus-day category.

Industry stakeholders said FHA’s move to allow part-time underwriters to qualify for direct endorsement is also likely to reduce operational costs.

The increase in delinquency rates among FHA loans originated in recent years probably comes down to inflation, Urban Institute researchers said, ruling out other culprits.

The mortgage industry expects deregulatory moves by FHA will speed up and lower costs associated with the loan origination process.

FHA’s loss-mitigation programs have historically saved the mutual mortgage insurance fund billions by avoiding dispositions, according to a new analysis.

FHA and VA purchase-mortgage volume increased by nearly 30% in the second quarter of 2025 compared with the previous quarter. GSE mortgages with private MI and agency purchase mortgages without primary MI lagged behind. (Includes two data tables.)

Advocates for GSE reform offered the Trump administration some useful guardrails to consider as it plots ending the conservatorships of Fannie and Freddie.