Effective immediately, Ginnie issuers must notify the agency of any cybersecurity incident within 48 hours after the issue is detected.

VA processed 2,244 loan assumptions in 2023, compared with 308 in the previous year.

“You’re not doing this program without my permission,” said Rep. Derrick Van Orden, R-WI.

FHA, VA, Ginnie Mae and USDA are working with MISMO on a new servicing dataset.

Refis accounted for 15.0% of Ginnie issuance in January compared with a 14.7% share the previous month.

Leaders at FHA and VA haven't ruled out following the Federal Housing Finance Agency in a shift from a tri-merge score process to a bi-merge process.

“While pausing foreclosures for these men and women was a step in the right direction, our veterans and servicemembers need to be able to bring their mortgage current while VA works on its long-term solution,” said Sen. Jon Tester, D-MT, chair of the Senate Veterans Affairs Committee.

Home sellers are now more willing to consider bids tied to FHA and VA mortgages.

Rate locks declined by 14% on a monthly basis in December, driven by fewer locks for purchase mortgages.

Issuance declined by 16.7% on a quarterly basis in the fourth quarter, with the VA losing market share.