Home / Business and Economy / Ginnie Mae Eases Delinquency Rules for FHA Loans
Ginnie Mae Eases Delinquency Rules for FHA Loans
28 Apr
Summary
- Ginnie Mae will temporarily exclude FHA Trial Payment Plan loans from issuer delinquency calculations.
- This change begins with March 2026 reporting, effective April 2, 2026.
- The adjustment addresses higher delinquency rates caused by FHA's new loss mitigation waterfall.
Ginnie Mae has issued APM 26-06 to temporarily exclude loans undergoing FHA Trial Payment Plans (TPPs) from issuer delinquency rate calculations for compliance purposes. This policy change is effective starting with the March 2026 reporting period, with the monthly report due April 2, 2026.
The adjustment addresses a recent increase in delinquency rates experienced by issuers. This rise is attributed to the FHA's updated single-family loss mitigation waterfall, which mandates that delinquent borrowers must complete TPPs before being eligible for other loss mitigation solutions, such as partial claims.
