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    <title>Originations</title>
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      <![CDATA[]]>
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    <item>
      <title>ARM Originations Soar in Second Quarter, Chase Leads</title>
      <author>azimmardi@imfpubs.com</author>
      <description>
        <![CDATA[Production of adjustable-rate mortgages increased almost across the board in the second quarter of 2025. As usual, banks led the charge. (Includes data table.)]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/235394</guid>
      <pubDate>Fri, 19 Sep 2025 15:36:54 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/235394-arm-originations-soar-in-second-quarter-led-by-banks</link>
    </item>
    <item>
      <title>Non-QM Lenders See Strong Interest in Crypto Mortgages</title>
      <author>jdohnert@imfpubs.com</author>
      <description>
        <![CDATA[An evolving regulatory environment under the Trump administration has created new interest in mortgages backed by cryptocurrency like Bitcoin and Ethereum.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/235225</guid>
      <pubDate>Fri, 05 Sep 2025 12:18:18 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/235225-non-qm-lenders-see-renewed-interest-in-crypto-mortgages</link>
    </item>
    <item>
      <title>Retail Channel Loses Share in Nonconforming Market</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[Retail lending among lenders in the analysis declined sharply during the first quarter while the correspondent and broker channels posted more modest declines in nonconforming production. (Includes two data tables.)]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/234673</guid>
      <pubDate>Fri, 27 Jun 2025 13:45:38 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/234673-retail-channel-loses-share-in-nonconforming-market</link>
    </item>
    <item>
      <title>Mixed Trends for ARM Originations in Early 2025</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[ARMs accounted for 12.1% of total residential mortgage originations in the first quarter of 2025, down more than a full percentage point compared with the previous quarter. Still, production of the loans was up from the first quarter of 2024. (Includes data table.)]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/234669</guid>
      <pubDate>Fri, 27 Jun 2025 13:42:40 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/234669-mixed-trends-for-arm-originations-in-early-2025</link>
    </item>
    <item>
      <title>News Briefs</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[Impairment rate on securitized non-QMs rises in May; Rocket offering bridge loans; architecture firm to acquire non-QM lender; Chimera unit aggregating HEIs for securitization.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/234679</guid>
      <pubDate>Fri, 27 Jun 2025 13:37:50 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/234679-news-briefs</link>
    </item>
    <item>
      <title>Originations of Short-Term Loans Soar in 2024</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[Short-term mortgages track residential transition loans and fix-and-flip loans. Last year, originations were up 34.6% compared with 2023. (Includes data table.)]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/234546</guid>
      <pubDate>Fri, 13 Jun 2025 15:49:01 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/234546-originations-of-short-term-loans-soar-in-2024</link>
    </item>
    <item>
      <title>Correspondent Sales of Jumbo Mortgages Spike in 2024</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[Correspondent sales of jumbo mortgages originated in 2024 increased by more than 60% on an annual basis. The largest sellers were almost all nonbanks, though Chase cracked the top 5 with its deliveries into non-agency MBS. (Includes data table.)]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/234293</guid>
      <pubDate>Fri, 16 May 2025 15:12:45 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/234293-correspondent-sales-of-jumbo-mortgages-spike-in-2024</link>
    </item>
    <item>
      <title>Higher-Priced Lending Increases Slightly in 2024</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[Federal agencies have used the higher-priced mortgage designation as a proxy for subprime lending. Strategies vary among the biggest originators of higher-priced mortgages, including focusing on loans for manufactured homes or expanded-credit mortgages. (Includes two data tables.)]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/234291</guid>
      <pubDate>Fri, 16 May 2025 15:06:51 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/234291-higher-priced-lending-increases-slightly-in-2024</link>
    </item>
    <item>
      <title>Rithm’s Investment Portfolio Recovers in First Quarter</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[Rithm is both a buyer and seller of non-agency mortgages. Wider spreads in recent months have helped generate strong returns from loan acquisitions. Meanwhile, RTL production through its Genesis unit slowed during the first quarter.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/234176</guid>
      <pubDate>Fri, 02 May 2025 13:04:30 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/234176-rithms-investment-portfolio-recovers-in-first-quarter</link>
    </item>
    <item>
      <title>News Briefs</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[Impairment rate on non-QMs declines; new issuers of home equity loan securitizations; bank offers new jumbo ARMs via wholesale channel; proprietary reverse-mortgage product from Liberty Reverse Mortgage.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/234173</guid>
      <pubDate>Fri, 02 May 2025 13:02:34 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/234173-news-briefs</link>
    </item>
    <item>
      <title>Bidders for Non-QMs Return, Cautiously</title>
      <author>pmuolo@imfpubs.com</author>
      <description>
        <![CDATA[The tariff war blew a hole in non-QM profits last week, but a turnaround is underway.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/234033</guid>
      <pubDate>Fri, 18 Apr 2025 14:07:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/234033-non-qm-bidders-return-caution-remains</link>
    </item>
    <item>
      <title>Non-Agency Boost an Option With GSE Reform</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[Proponents of the non-agency market see GSE reform as an opportunity to take steps to increase the non-agency share of activity in the secondary market. The Trump administration’s plans for the secondary market remain unclear.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/234043</guid>
      <pubDate>Fri, 18 Apr 2025 14:06:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/234043-non-agency-boost-an-option-with-gse-reform</link>
    </item>
    <item>
      <title>Maryland Legislature Cleans Up MBS Licensing Mess</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[A new bill sets exemptions for secondary market participants after a state regulator established deeply unpopular licensing requirements at the beginning of the year.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/234044</guid>
      <pubDate>Fri, 18 Apr 2025 14:05:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/234044-maryland-legislature-cleans-up-mbs-licensing-mess</link>
    </item>
    <item>
      <title>Carrington Goes Non-QM-Only for Correspondent Channel</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[Carrington is expanding its guidelines and offering competitive pricing for non-QMs in the correspondent channel, aiming to gain market share. The company also works to help correspondent sellers mitigate risks on non-QM sales.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/234045</guid>
      <pubDate>Fri, 18 Apr 2025 14:03:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/234045-carrington-goes-non-qm-only-for-correspondent-channel</link>
    </item>
    <item>
      <title>Invictus to Sell Non-Agency Whole Loans to Castlelake</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[Castlelake plans to invest in up to $2 billion of newly originated residential mortgages sourced from Invictus Capital Partners.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/234046</guid>
      <pubDate>Fri, 18 Apr 2025 14:02:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/234046-invictus-to-sell-non-agency-whole-loans-to-castlelake</link>
    </item>
    <item>
      <title>Non-QM Lender Working to Dig Out of Hole</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[Beeline Financial started operations in 2020 and has yet to turn a profit. The company is now publicly traded thanks to a transaction involving a distillery, with plans to boost non-QM lending by leaning on technology.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/234047</guid>
      <pubDate>Fri, 18 Apr 2025 14:01:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/234047-non-qm-lender-working-to-dig-out-of-hole</link>
    </item>
    <item>
      <title>News Briefs</title>
      <author>pmuolo@imfpubs.com</author>
      <description>
        <![CDATA[Moody’s affirms assessments on Redwood; Deephaven loosens DSCR underwriting; Dan Perl update;&nbsp;ARDRI acquires expanded-credit lender; new proprietary reverse mortgages from&nbsp;Mutual of Omaha Mortgage.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/234049</guid>
      <pubDate>Fri, 18 Apr 2025 14:00:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/234049-news-briefs</link>
    </item>
    <item>
      <title>ARDRI Enters Non-QM Via Wholesale Lending</title>
      <author>jdohnert@imfpubs.com</author>
      <description>
        <![CDATA[Brian O’Shaughnessy, the former co-CEO of Rama Capital Partners, launched ARDRI to provide a mix of the latest technology and customer-focused operations for non-QM mortgage brokers.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/233926</guid>
      <pubDate>Fri, 04 Apr 2025 14:36:37 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/233926-ardri-is-the-latest-lender-to-enter-wholesale-non-qm-lending</link>
    </item>
    <item>
      <title>Non-Agency Still an Option for Non-Permanent Residents</title>
      <author>jdohnert@imfpubs.com</author>
      <description>
        <![CDATA[A change in FHA lending requirements could lead to more non-permanent residents using non-QM options.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/233928</guid>
      <pubDate>Fri, 04 Apr 2025 14:33:38 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/233928-non-agency-loans-becomes-only-option-for-non-permanent-residents</link>
    </item>
    <item>
      <title>Toorak Seeing Success With AI for BPL Originations</title>
      <author>jdohnert@imfpubs.com</author>
      <description>
        <![CDATA[Toorak Connect is an underwriting platform that uses artificial intelligence and machine learning to score loans based on risk. It has been used to underwrite more than $5 billion in business-purpose loans since its launch in 2022.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/233929</guid>
      <pubDate>Fri, 04 Apr 2025 14:31:43 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/233929-toorak-leverages-ai-for-bpl-originations</link>
    </item>
    <item>
      <title>News Briefs</title>
      <author>jdohnert@imfpubs.com</author>
      <description>
        <![CDATA[Brookfield to acquire majority stake in Angel Oak; Dominion Financial launches AI chatbots; Carrington Mortgage’s correspondent channel goes fully non-QM; Sachem Capital takes loss in 2024.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/233932</guid>
      <pubDate>Fri, 04 Apr 2025 14:28:49 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/233932-news-briefs</link>
    </item>
    <item>
      <title>Correspondents Regain Some Nonconforming Share in 4Q</title>
      <author>jdohnert@imfpubs.com</author>
      <description>
        <![CDATA[The correspondent share of nonconforming originations returned to the double digits in the fourth quarter of 2024. Though for the full year, correspondents lost market share.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/233794</guid>
      <pubDate>Fri, 21 Mar 2025 15:20:04 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/233794-correspondent-channel-gains-share-of-nonconforming-market-in-4q</link>
    </item>
    <item>
      <title>Velocity Sees Record Profits in 4Q</title>
      <author>jdohnert@imfpubs.com</author>
      <description>
        <![CDATA[The lender is seeing strong demand from borrowers and the secondary market for non-agency business purpose loans.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/233786</guid>
      <pubDate>Fri, 21 Mar 2025 15:18:05 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/233786-velocity-sees-record-profits-in-4q</link>
    </item>
    <item>
      <title>ARM Lending, Market Share Increase in Fourth Quarter </title>
      <author>jdohnert@imfpubs.com</author>
      <description>
        <![CDATA[Homebuilder Lennar and First-Citizens Bank & Trust posted strong increases in originations of adjustable-rate mortgages.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/233783</guid>
      <pubDate>Fri, 21 Mar 2025 15:14:06 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/233783-arm-production-increases-in-the-fourth-quarter</link>
    </item>
    <item>
      <title>Originators Turn to Non-QMs Ahead of Economic Uncertainty</title>
      <author>jdohnert@imfpubs.com</author>
      <description>
        <![CDATA[Loan originators are looking to bank statement and DSCR loans to boost production in a higher-for-longer interest rate environment, according to Tom Hutchens, president of Angel Oak Mortgage Solutions.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/233785</guid>
      <pubDate>Fri, 21 Mar 2025 15:12:07 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/233785-originators-turn-to-non-qms-ahead-of-economic-uncertainty</link>
    </item>
    <item>
      <title>Tomo Mortgage Secures Funding From Progressive Insurance</title>
      <author>jdohnert@imfpubs.com</author>
      <description>
        <![CDATA[Tomo said it can save the typical homebuyer $4,000 at closing through the use of its AI underwriting software.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/233787</guid>
      <pubDate>Fri, 21 Mar 2025 15:10:11 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/233787-ai-lender-tomo-mortgage-secures-funding-from-progressive-insurance</link>
    </item>
    <item>
      <title>Rising Competition in Some Regions Challenge Fix-and-Flippers</title>
      <author>jdohnert@imfpubs.com</author>
      <description>
        <![CDATA[Fix-and-flip operators saw increased competition in some areas in the fourth quarter, but are optimistic for growth in 2025.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/233788</guid>
      <pubDate>Fri, 21 Mar 2025 15:08:13 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/233788-rising-competition-in-some-regions-challenge-fix-and-flippers</link>
    </item>
    <item>
      <title>News Briefs</title>
      <author>jdohnert@imfpubs.com</author>
      <description>
        <![CDATA[Santander Bank joins non-QM MBS issuer ranks; Annaly starts securitizing HELOCs; AFR improves pricing on non-owner-occupied loans; A&D Mortgage launches AUS platform for non-QM loans.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/233793</guid>
      <pubDate>Fri, 21 Mar 2025 15:06:17 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/233793-news-briefs</link>
    </item>
    <item>
      <title>Non-Agency Jumbo Lending Increases in Fourth Quarter </title>
      <author>jdohnert@imfpubs.com</author>
      <description>
        <![CDATA[Jumbo originations increased by more than double digits from the third to the fourth quarter of 2024. On an annual basis, the jumbo share of total originations held steady. (Includes data table.)]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/233659</guid>
      <pubDate>Fri, 07 Mar 2025 14:23:31 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/233659-jumbo-originations-increase-to-close-out-2024</link>
    </item>
    <item>
      <title>Buyers Opening Up to Unconventional Financing</title>
      <author>jdohnert@imfpubs.com</author>
      <description>
        <![CDATA[Loan officers are learning about new financing options to help homebuyers better navigate today’s high interest rate environment.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/233657</guid>
      <pubDate>Fri, 07 Mar 2025 14:15:47 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/233657-buyers-opening-up-to-unconventional-financing</link>
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