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    <item>
      <title>GSE Pilots MBS Sale With VantageScore</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[One of the GSEs has quietly issued an MBS comprised of loans underwritten using VantageScore 4.0.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/237053</guid>
      <pubDate>Thu, 26 Mar 2026 16:58:18 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/237053-vantagescore-ceo-confirms-mbs-rumor</link>
    </item>
    <item>
      <title>Plenty of Investors Ready to Cover Fed’s MBS Retreat</title>
      <author>jbancroft@imfpubs.com</author>
      <description>
        <![CDATA[While depository institutions and the central bank scaled back their MBS holdings during the fourth quarter, money managers, life insurance companies and the GSEs ramped up their portfolios. (Includes three data tables.)]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/236993</guid>
      <pubDate>Thu, 19 Mar 2026 17:11:46 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/236993-plenty-of-investors-ready-to-cover-feds-mbs-retreat</link>
    </item>
    <item>
      <title>MBS Analysts Weigh Impact of Iran War</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[Since the Iran war started, interest rates have returned to where they were when President Trump directed the GSEs to purchase $200 billion in MBS and most analysts say GSE reform is now off the table.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/236970</guid>
      <pubDate>Thu, 19 Mar 2026 17:10:47 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/236970-mbs-analysts-weigh-impact-of-war</link>
    </item>
    <item>
      <title>Mortgage Spreads Widen With Uncertainty Tied to Iran Conflict</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[Since the U.S. initiated strikes on Iran, mortgage rates and MBS spreads have given up all the ground they gained from the Trump administration’s directive for the GSEs to purchase $200 billion in agency MBS.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/236922</guid>
      <pubDate>Thu, 12 Mar 2026 16:41:32 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/236922-mortgage-market-reacts-to-war-with-iran</link>
    </item>
    <item>
      <title>REIT MBS Holdings Still Growing as 2025 Closes</title>
      <author>jbancroft@imfpubs.com</author>
      <description>
        <![CDATA[Most mortgage REITs took advantage of strong MBS fundamentals to increase their agency holdings in the fourth quarter. While some REITs are drawn to the surging non-QM sector, industry holdings of non-agency MBS fell last year. (Includes two data tables.)]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/236882</guid>
      <pubDate>Thu, 12 Mar 2026 16:40:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/236882-reit-mbs-holdings-still-growing-as-2025-closes</link>
    </item>
    <item>
      <title>FASB to Propose Hedging of Held-to-Maturity Portfolios</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[The potential rule change would allow banks to redesignate MBS holdings from held-to-maturity to available-for-sale.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/236916</guid>
      <pubDate>Thu, 12 Mar 2026 16:39:35 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/236916-fasb-to-allow-hedging-of-held-to-maturity-portfolios</link>
    </item>
    <item>
      <title>Banks Shed Residential MBS Holdings in Fourth Quarter</title>
      <author>jbancroft@imfpubs.com</author>
      <description>
        <![CDATA[The top four bank investors in residential MBS reported a combined $16.5 billion decline in their portfolios during the fourth quarter, with most of the drop coming in GSE pass-throughs. (Includes two data tables.)]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/236690</guid>
      <pubDate>Thu, 19 Feb 2026 16:00:00 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/236690-banks-shed-residential-mbs-holdings-in-fourth-quarter</link>
    </item>
    <item>
      <title>Grapevine: Fed Plans Capital Relief; Moody’s Eyes Second Liens</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[Pending proposals from the Fed would impact MBS market; Moody’s looks to rate securitizations of home equity loans.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/236713</guid>
      <pubDate>Thu, 19 Feb 2026 15:49:56 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/236713-grapevine-fed-plans-mortgage-proposals-moodys-eyes-second-liens</link>
    </item>
    <item>
      <title>Republicans in House Working on GSE Reform Bill</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[Republicans are poised to introduce a bill that would codify reforms of the GSEs that have been completed administratively. The bill would also establish a utility model framework for Fannie Mae and Freddie Mac and alter how calculations are made to annual changes in loan limits.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/236660</guid>
      <pubDate>Thu, 12 Feb 2026 16:39:36 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/236660-republicans-in-house-working-on-gse-reform-bill</link>
    </item>
    <item>
      <title>GSEs Shifting Practices With Cash Window</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[Fannie Mae and Freddie Mac appear to be using aggressive pricing at the cash window to boost whole loan purchases, then retaining the most attractive coupons.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/236665</guid>
      <pubDate>Thu, 12 Feb 2026 16:38:37 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/236665-whats-happening-at-the-cash-window</link>
    </item>
    <item>
      <title>FHFA Rejiggers Cap on GSE Acquisitions of Agency MBS</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[FHFA quietly increased the cap on the GSEs’ holdings of agency MBS from $40 billion apiece to $225 billion. That’s the same as the cap on their entire retained mortgage portfolios.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/236533</guid>
      <pubDate>Thu, 29 Jan 2026 16:35:23 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/236533-impact-of-gses-mbs-purchases</link>
    </item>
    <item>
      <title>REIT Agency MBS Investors Comfortable With Market</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[Interest rate and spread volatility has declined in recent months. That’s leading to a reduction in potential returns from agency MBS along with a more stable investing environment.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/236536</guid>
      <pubDate>Thu, 29 Jan 2026 16:32:24 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/236536-reit-agency-mbs-investors-comfortable-with-market</link>
    </item>
    <item>
      <title>Grapevine: Bank Shifting Loan Holdings to MBS; Solar ABS Update</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[WaFd Bank replacing whole-loan holdings with MBS; solar ABS on downgrade watch; dv01 expands into credit card ABS.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/236452</guid>
      <pubDate>Thu, 22 Jan 2026 15:38:03 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/236452-grapevine-bank-shifting-loan-holdings-to-mbs-solar-abs-under-pressure</link>
    </item>
    <item>
      <title>GSE MBS Buying Tightens Spreads, Adds Uncertainty</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[President Trump effectively directed the GSEs to fill in the role that the Fed had been serving in terms of agency MBS investments. The stimulus could be short lived, with the purchases expected to wrap up by June.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/236406</guid>
      <pubDate>Thu, 15 Jan 2026 16:16:24 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/236406-gse-mbs-buying-tightens-spreads-adds-uncertainty</link>
    </item>
    <item>
      <title>Ackman Proposes New Type of Mortgage for the GSEs</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[A mortgage with a prepayment penalty might be as much as 65 basis points cheaper for borrowers, according to GSE shareholder Bill Ackman.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/236393</guid>
      <pubDate>Thu, 15 Jan 2026 16:12:30 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/236393-ackman-proposes-new-type-of-mortgage-for-the-gses</link>
    </item>
    <item>
      <title>Grapevine: SFA Names New Advocacy Director; Ginnie MBS Change</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[SFA’s new director of advocacy comes from CSBS; Ginnie adjusts platinum MBS pooling; earnings per share at Orchid Island Capital up in fourth quarter; Setpoint to acquire due diligence provider.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/236411</guid>
      <pubDate>Thu, 15 Jan 2026 16:07:37 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/236411-grapevine-sfa-names-new-director-of-advocacy-ginnie-mbs-change</link>
    </item>
    <item>
      <title>GSEs Seen as Ill-Equipped to Prop Up MBS Market</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[As long as the GSEs are profit-seeking entities, Urban Institute analysts suggest that allowing Fannie and Freddie to buy large amounts of agency MBS would leave the GSEs “with every incentive to swell their balance sheets to enormous levels during these periods of volatility.”]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/236338</guid>
      <pubDate>Thu, 08 Jan 2026 17:43:18 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/236338-gses-seen-as-ill-equipped-to-prop-up-mbs-market</link>
    </item>
    <item>
      <title>Freddie to End Exchange Offer That Enabled UMBS</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[Freddie sets an end date for investors to exchange legacy securities for those created as part of the single security initiative.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/236255</guid>
      <pubDate>Fri, 02 Jan 2026 10:01:34 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/236255-last-stage-of-the-umbs-revolution</link>
    </item>
    <item>
      <title>GSEs, Credit Unions and REITs Moving on MBS</title>
      <author>jbancroft@imfpubs.com</author>
      <description>
        <![CDATA[Fannie and Freddie have upped their retained MBS holdings significantly in recent months, as have the Federal Home Loan Banks. Analysts expect money managers and insurance firms to remain key investors. (Includes two data tables.)]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/236192</guid>
      <pubDate>Thu, 18 Dec 2025 16:10:10 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/236192-gses-credit-unions-and-reits-moving-on-mbs</link>
    </item>
    <item>
      <title>Mortgage REITs Up Agency MBS, Shed Non-Agency</title>
      <author>jbancroft@imfpubs.com</author>
      <description>
        <![CDATA[Annaly Capital Management remained the top REIT in MBS holdings, though several other shops expanded their portfolios at higher rates during the third quarter. The REIT industry added roughly $40 billion to its combined portfolio over the past year. (Includes two data tables.)]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/236061</guid>
      <pubDate>Thu, 11 Dec 2025 16:34:00 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/236061-mortgage-reits-up-agency-mbs-shed-non-agency</link>
    </item>
    <item>
      <title>Fannie’s MBS Holdings Jump in October</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[The growing securities holdings in Fannie’s retained mortgage portfolio include a large share of non-Fannie agency MBS.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/236139</guid>
      <pubDate>Thu, 11 Dec 2025 16:29:21 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/236139-fannie-surges-mbs-holdings</link>
    </item>
    <item>
      <title>Researchers See Predictive Power in MBS Prices</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[Treasury researchers develop new measures to predict interest rates on mortgages using shifts in MBS prices.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/236149</guid>
      <pubDate>Thu, 11 Dec 2025 16:25:29 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/236149-tba-events-vs-treasury-yields</link>
    </item>
    <item>
      <title>Capital Change Will Allow Banks to Add to MBS Holdings</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[Federal banking regulators issued a final rule to adjust the enhanced supplementary leverage ratio that applies to large banks. The directive aims to increase bank investments in low-risk assets, including Ginnie Mae MBS.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/236083</guid>
      <pubDate>Thu, 04 Dec 2025 16:32:04 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/236083-capital-change-will-allow-banks-to-add-to-mbs-holdings</link>
    </item>
    <item>
      <title>BTFP Usage Widespread During Bank Stress of 2023</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[The Fed established the Bank Term Funding Program to help alleviate pressure faced by depository institutions holding MBS and other assets with large unrealized losses. Tracking usage of the BTFP in real-time was limited.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/236013</guid>
      <pubDate>Wed, 26 Nov 2025 10:03:43 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/236013-btfp-usage-widespread-during-bank-stress-of-2023</link>
    </item>
    <item>
      <title>As Big Banks Shuffle Cards, Industry MBS Hold Steady</title>
      <author>jbancroft@imfpubs.com</author>
      <description>
        <![CDATA[Banks increased their holdings of agency MBS during the third quarter, although investment in Ginnie Mae pass-throughs fell. The industry also pulled back a bit from non-agency MBS. (Includes two data tables.)]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/235954</guid>
      <pubDate>Thu, 20 Nov 2025 16:30:00 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/235954-as-big-banks-shuffle-cards-industry-mbs-hold-steady</link>
    </item>
    <item>
      <title>Trade Groups: Don’t Let GSE Reform Distort TBA Market</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[Securities industry stakeholders say preservation of the secondary mortgage market, especially MBS futures trading on the TBA market, is essential to keeping mortgage rates low.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/235939</guid>
      <pubDate>Thu, 20 Nov 2025 16:26:44 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/235939-trade-groups-dont-let-gse-reform-distort-tba-market</link>
    </item>
    <item>
      <title>Agency MBS Investors Optimistic Amid Rate Cuts</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[The Fed’s shift to rate cuts is helping to increase demand for agency MBS. And other activity at the federal level has prompted a reduction in volatility, providing stability for investors.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/235825</guid>
      <pubDate>Thu, 06 Nov 2025 16:08:48 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/235825-agency-mbs-investors-optimistic-amid-rate-cuts</link>
    </item>
    <item>
      <title>PIMCO Pushes for More MBS Purchases by Fed</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[While the Fed is moving away from purchases of agency MBS, portfolio managers at PIMCO believe additional purchases are warranted. In the meantime, the GSEs are increasing their investments.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/235805</guid>
      <pubDate>Thu, 06 Nov 2025 16:06:51 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/235805-the-next-mbs-buyer-of-last-resort</link>
    </item>
    <item>
      <title>Fed to Shift Balance Sheet Strategy, MBS to Decline </title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[Beginning in December, the Federal Reserve will adjust its balance sheet strategy and no longer reinvest proceeds from payoffs of agency MBS into more MBS.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/235776</guid>
      <pubDate>Thu, 30 Oct 2025 16:30:10 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/235776-fed-signals-end-of-qt</link>
    </item>
    <item>
      <title>Pressure Builds for GSEs to Add to MBS Holdings</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[Trade groups representing smaller lenders called on the Trump administration to prompt the GSEs to increase their holdings of MBS as a way to reduce mortgage rates.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/235717</guid>
      <pubDate>Thu, 23 Oct 2025 16:45:57 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/235717-pressure-builds-for-gses-to-add-to-mbs-holdings</link>
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