Issuance of Ginnie Mae mortgage-backed securities increased by 3.5% on a monthly basis in January.

In October, FHA launched long-awaited updates to its waterfall, instating a trial payment plan that a borrower would have to complete before taking a permanent loss-mitigation option.

Marina Walsh, a vice president of industry analysis at the MBA, suggested that the rise in FHA delinquency rates could soon slow.

The total FHA delinquency rate hit 11.86%, the third-highest reading in the past decade.

Mortgage applications declined by 8.5% last week compared to the week prior.

GSE purchase-mortgage business with private MI declined at about half the rate of the decline seen in FHA purchase-mortgage business in the fourth quarter of 2025.

The Mortgage Bankers Association, America’s Credit Unions and the Independent Community Bankers of America asked for three specific policy changes to address housing affordability.

VA refi issuance was the highest since the fourth quarter of 2021.

Mortgage rates declined slightly in the government-insured market after the Trump administration directed Fannie Mae and Freddie Mac to purchase a combined $200 billion in agency mortgage-backed securities.

Trump is set to reveal plans to address housing affordability and the Supreme Court will hear oral arguments on Trump's effort to remove Lisa Cook from the Federal Reserve's board of governors.