Tagged: USDA loans

The mortgage servicer can initially issue up to 1,000 eNotes and manage digital collateral for other Ginnie Mae issuers

Trade group says the loss of experienced Rural Housing Service staff could complicate delegated underwriting, lender onboarding, and program guidance

The platform alerts production teams to documentation, eligibility, and GUS-related issues before files reach underwriting

Delegated underwriting and new borrower portal aim to speed closings, reduce friction, and expand access to credit without changing program rules

Rural homebuyers need to earn at least $75,000 to afford the typical home, up from $36,000 before the pandemic, with the median home sale price in rural areas up 61% from before the pandemic

HUD released a 2025 shutdown contingency plan for a lapse in funding on September 29

Refis jump almost 60%; ARM share climbs to highest since 2008

Refinances rose to 26% of originations last month, though purchase activity is beginning typical seasonal decline

Purchase and refinance applications jump; refis account for nearly half of all activity

Though overall applications fell, refis edged higher on lower FHA and VA rates