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    <title>Servicing</title>
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      <title>Bids for Mortgage Servicing Rights Still Exceptionally Strong</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[“There’s probably more capital out there than what can truly trade on the MSR side,” said Chris King, a senior vice president of MSR channels at Rocket Mortgage.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/237357</guid>
      <pubDate>Fri, 01 May 2026 11:58:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/237357-bids-for-mortgage-servicing-rights-still-exceptionally-strong</link>
    </item>
    <item>
      <title>UWM Proposes New Deal for Two Harbors</title>
      <author>jdohnert@imfpubs.com</author>
      <description>
        <![CDATA[The new deal increases the cash election from UWM’s previous offer from $11.30 to $12.00 per share, a $0.70 premium per stock compared to the deal the Two Harbors board accepted from CrossCountry Mortgage last month.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/237366</guid>
      <pubDate>Fri, 01 May 2026 11:57:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/237366-uwm-proposes-new-deal-for-two-harbors</link>
    </item>
    <item>
      <title>VantageScore 4.0 Unlikely to Have Major Impact on Agency MBS</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[In a note to investors last week, Goldman Sachs Managing Director Arun Manohar said he is not particularly optimistic about the longer-term success of VantageScore 4.0 in the agency MBS market.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/237367</guid>
      <pubDate>Fri, 01 May 2026 11:56:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/237367-vantagescore-40-unlikely-to-have-major-impact-on-agency-mbs</link>
    </item>
    <item>
      <title>MSR Owners Eyeing Rising Delinquencies</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[“The market is forgetting how bad it can get because it’s been good for so long,” said Brian Simon, a managing director at Bungalow Funding, an MSR investor.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/237343</guid>
      <pubDate>Thu, 30 Apr 2026 11:59:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/237343-msr-owners-eyeing-rising-delinquencies</link>
    </item>
    <item>
      <title>Short Takes: Fed Holds Rates Steady / UWM to Use VantageScore / Home Sales Rise in April</title>
      <author>jdohnert@imfpubs.com</author>
      <description>
        <![CDATA[Fed holds rates steady for third time in a row; UWM adds VantageScore to reporting for conventional loans; Fresh housing supply boosts pending home sales in April.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/237347</guid>
      <pubDate>Thu, 30 Apr 2026 11:55:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/237347-short-takes-fed-holds-rates-steady-uwm-to-use-vantagescore-home-sales-see-rise-in-april</link>
    </item>
    <item>
      <title>M&amp;T Bank Expects Strong Returns From FHA Subservicing</title>
      <author>ewilley@imfpubs.com</author>
      <description>
        <![CDATA[M&T Bank expects its FHA servicing business will have strong returns in the second half of this year.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/237327</guid>
      <pubDate>Wed, 29 Apr 2026 11:58:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/237327-m-and-t-bank-expects-strong-returns-from-fha-subservicing</link>
    </item>
    <item>
      <title>Two Harbors Boosts Earnings Ahead of Merger</title>
      <author>jdohnert@imfpubs.com</author>
      <description>
        <![CDATA[Two Harbors announced that it has amended its merger agreement with CrossCountry Mortgage during its 1Q earnings call.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/237328</guid>
      <pubDate>Wed, 29 Apr 2026 11:57:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/237328-two-harbors-boosts-earnings-ahead-of-merger</link>
    </item>
    <item>
      <title>Bayview Tops Ginnie Servicers, Passing Freedom in 1Q</title>
      <author>ewilley@imfpubs.com</author>
      <description>
        <![CDATA[Bayview handled a $436.71 billion Ginnie portfolio as of the end of March, up 1.5% from the end of 2025.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/237314</guid>
      <pubDate>Tue, 28 Apr 2026 11:59:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/237314-bayview-tops-ginnie-servicers-passing-freedom-in-1q</link>
    </item>
    <item>
      <title>Servicing Drives Up Income at Newrez in First Quarter</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[The fair value of mortgage servicing rights improved as interest rates increased near the end of the first quarter.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/237315</guid>
      <pubDate>Tue, 28 Apr 2026 11:58:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/237315-servicing-drives-up-income-at-newrez-in-first-quarter</link>
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    <item>
      <title>Short Takes: Non-QM Performance Improves / Home Prices Level / TransUnion Projects More Mortgage Revenue / BlackRock Funds AI Escrow Agent</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[The impairment rate on securitized non-qualified mortgages declined by 28 basis points on a monthly basis to 6.9% as of the end of March, according to dv01.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/237318</guid>
      <pubDate>Tue, 28 Apr 2026 11:55:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/237318-short-takes-non-qm-performance-improves-home-prices-level-transunion-projects-more-mortgage-revenue-blackrock-funds-ai-escrow-agent</link>
    </item>
    <item>
      <title>Delinquency Recovery Less Robust in First Quarter of 2026</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[The main difference in 2026 was that later-stage delinquencies increased.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/237289</guid>
      <pubDate>Thu, 23 Apr 2026 11:58:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/237289-delinquency-recovery-less-robust-in-first-quarter-of-2026</link>
    </item>
    <item>
      <title>Fannie Economists Revise Rate Forecast Sharply Higher</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[Now, the economists project that the average interest rate for a 30-year fixed-rate mortgage will decline to only 6.1% in the fourth quarter.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/237290</guid>
      <pubDate>Thu, 23 Apr 2026 11:57:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/237290-fannie-economists-revise-rate-forecast-sharply-higher</link>
    </item>
    <item>
      <title>Mortgage Complaints to CFPB Increase in First Quarter</title>
      <author>sclark@imfpubs.com</author>
      <description>
        <![CDATA[Increases were recorded across all four complaint categories, covering both servicing and originations.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/237292</guid>
      <pubDate>Thu, 23 Apr 2026 11:56:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/237292-mortgage-complaints-to-cfpb-increase-in-first-quarter</link>
    </item>
    <item>
      <title>Annaly Turns Profit in First Quarter Despite Agency MBS Issues</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[Annaly’s income dropped by 71.5% compared with the fourth quarter. But the real estate investment trust was profitable while other REITs that focus on agency MBS have posted losses for the first quarter.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/237272</guid>
      <pubDate>Wed, 22 Apr 2026 11:56:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/237272-annaly-turns-profit-in-first-quarter-despite-agency-mbs-issues</link>
    </item>
    <item>
      <title>Short Takes: Homeowners Choose Remodels Over Moving / Renting Cheaper Than Buying Across Major Metros / NFTYDoor Becomes Independent Company / Maine Signs Bill on HEIs</title>
      <author>jdohnert@imfpubs.com</author>
      <description>
        <![CDATA[Renters save an average of $920 per month compared to buyers.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/237253</guid>
      <pubDate>Mon, 20 Apr 2026 11:55:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/237253-short-takes-homeowners-choose-remodels-over-moving-renting-cheaper-than-buying-across-major-metros-nftydoor-becomes-independent-company-maine-signs-bill-on-heis</link>
    </item>
    <item>
      <title>Ginnie Drives Growth in Agency Servicing in First Quarter</title>
      <author>jbancroft@imfpubs.com</author>
      <description>
        <![CDATA[Ginnie posted a 1.3% quarterly gain in servicing outstanding to $2.726 trillion at the end of March, not including servicing of home-equity conversion mortgages.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/237240</guid>
      <pubDate>Fri, 17 Apr 2026 11:59:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/237240-ginnie-drives-growth-in-agency-servicing-in-first-quarter</link>
    </item>
    <item>
      <title>NY Considers Extending CRA Requirements to Insurance Industry </title>
      <author>sclark@imfpubs.com</author>
      <description>
        <![CDATA[New York may soon include insurance companies in its Community Reinvestment Act regulations to combat rising homeowners insurance costs.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/237220</guid>
      <pubDate>Thu, 16 Apr 2026 11:58:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/237220-climate-change-spiking-homeowners-insurance-costs-nationwide</link>
    </item>
    <item>
      <title>Volume Up Sharply at US Bank in 1Q, Revenue Down</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[The decline in revenue was linked to both revenue from servicing and changes in the value of mortgage servicing rights.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/237223</guid>
      <pubDate>Thu, 16 Apr 2026 11:57:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/237223-volume-up-sharply-at-us-bank-in-1q-revenue-down</link>
    </item>
    <item>
      <title>Foreclosure Activity Up 26% on Annual Basis in First Quarter</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[Some 118,727 properties had foreclosure filings in the first quarter of 2026.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/237224</guid>
      <pubDate>Thu, 16 Apr 2026 11:56:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/237224-foreclosure-activity-up-26-on-annual-basis-in-first-quarter</link>
    </item>
    <item>
      <title>Loss-Mitigation Changes Blamed for Rise in FHA DQs</title>
      <author>ewilley@imfpubs.com</author>
      <description>
        <![CDATA[The recent rise in FHA delinquencies appears to be an artificial effect caused by the new trial payment plans borrowers must complete before loans can be modified, according to research by the Center for Responsible Lending.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/237185</guid>
      <pubDate>Mon, 13 Apr 2026 11:57:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/237185-loss-mitigation-changes-blamed-for-rise-in-fha-dqs</link>
    </item>
    <item>
      <title>Fannie Issues Guidance for Use of AI by Lenders</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[The new guidelines, which go into effect Aug. 6, require seller/servicers to have clear policies in place to mitigate the risks posed by this technology and to ensure it complies with existing laws and regulations.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/237159</guid>
      <pubDate>Thu, 09 Apr 2026 11:58:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/237159-fannie-issues-ai-guidance</link>
    </item>
    <item>
      <title>Pennymac Makes the Case for Nonbanks</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[“Independent mortgage banks have navigated the most volatile interest rate cycles in a generation without a taxpayer backstop,” according to Pennymac.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/237144</guid>
      <pubDate>Wed, 08 Apr 2026 11:58:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/237144-pennymac-makes-the-case-for-nonbanks</link>
    </item>
    <item>
      <title>Short Takes: ‘Major’ Housing Announcement Pending / Mortgage Applications Level / Home Price Appreciation Expected to Pick Up / Foreclosure-Related Requests to Lawyers Rising</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[The heads of FHFA and HUD were planning to make a "major housing announcement" today, though the press conference was postponed.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/237147</guid>
      <pubDate>Wed, 08 Apr 2026 11:55:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/237147-short-takes-major-housing-announcement-pending-mortgage-applications-level-home-price-appreciation-expected-to-pick-up-foreclosure-related-requests-to-lawyers-rising</link>
    </item>
    <item>
      <title>Ishbia Optimistic About Interest Rate Outlook With Warsh</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[Mat Ishbia, president and CEO of United Wholesale Mortgage, hopes that “things will calm down, globally” to help reduce interest rates.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/237107</guid>
      <pubDate>Thu, 02 Apr 2026 11:58:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/237107-ishbia-optimistic-about-interest-rate-outlook-with-warsh</link>
    </item>
    <item>
      <title>Capital Requirement Re-Proposal Might Not Bring Banks Back</title>
      <author>jdohnert@imfpubs.com</author>
      <description>
        <![CDATA[A provision in the proposal would remove the requirement for banks to deduct mortgage servicing rights that reach a certain cap from common equity tier one capital and replace it with a 250% risk weighting on the assets, which might not be low enough to incentivize banks to increase their MSR holdings.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/237095</guid>
      <pubDate>Wed, 01 Apr 2026 11:56:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/237095-capital-requirement-re-proposal-might-not-bring-banks-back</link>
    </item>
    <item>
      <title>Performance of Non-QM Loans ‘Rapidly Deteriorating’</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[“30+ day impairments soared 51 basis points month-over-month in February, marking the largest monthly increase outside of COVID and Sunday month-end effects,” according to dv01.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/237082</guid>
      <pubDate>Tue, 31 Mar 2026 11:58:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/237082-performance-of-non-qm-loans-rapidly-deteriorating</link>
    </item>
    <item>
      <title>Short Takes: Home Price Appreciation Slows / Cornerstone’s Servicer Ratings Upgraded / Better Boosts Warehouse Facility / RHS Proposes Allowing ADU Financing</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[Home prices increased by 0.1% on a monthly basis in January, according to the Federal Housing Finance Agency.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/237085</guid>
      <pubDate>Tue, 31 Mar 2026 11:55:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/237085-short-takes-home-price-appreciation-slows-cornerstones-servicer-ratings-upgraded-better-boosts-warehouse-facility-rhs-proposes-allowing-adu-financing</link>
    </item>
    <item>
      <title>Short Takes: NEXA to Roll Out Servicing Initiative / Carrington CES Flow Into Sage MBS / Summit Announces Layoffs / loanDepot Teams With Homebuilder</title>
      <author>jdohnert@imfpubs.com</author>
      <description>
        <![CDATA[NEXA's new initiative would allow originators to share in recurring revenue streams tied to loan performance.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/237079</guid>
      <pubDate>Mon, 30 Mar 2026 11:55:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/237079-short-takes-nexa-to-rollout-servicing-initiative-carrington-ces-flow-into-sage-mbs-summit-announces-layoffs-loandepot-teams-with-homebuilder</link>
    </item>
    <item>
      <title>Two Harbors Drops UWM Plan, Switches to CrossCountry</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[As part of the agreement, CrossCountry paid $25.4 million to United Wholesale Mortgage, a termination fee to end the acquisition agreement UWM had with Two Harbors.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/237072</guid>
      <pubDate>Fri, 27 Mar 2026 11:57:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/237072-two-harbors-drops-uwm-plan-switches-to-crosscountry</link>
    </item>
    <item>
      <title>Short Takes: Non-QM Impairments Rise / Expanded-Credit MBS Issuance Perks Up / Wells Transferring Some Non-Agency Servicing / UWM ARMs in Jumbo MBS From Chase</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[Nine expanded-credit MBS deals hit the market this week. The number the week before: one.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/237074</guid>
      <pubDate>Fri, 27 Mar 2026 11:55:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/237074-short-takes-non-qm-impairments-rise-expanded-credit-mbs-issuance-perks-up-wells-transferring-some-non-agency-servicing-uwm-arms-in-jumbo-mbs-from-chase</link>
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