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    <title>GSEs</title>
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    <item>
      <title>Strong First Quarter for Freddie Mac</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[Higher revenues and lower expenses drive $3.56 billion in first quarter profits for the mortgage giant.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/237349</guid>
      <pubDate>Thu, 30 Apr 2026 11:58:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/237349-strong-first-quarter-for-freddie-mac</link>
    </item>
    <item>
      <title>Fannie Earnings Stable in First Quarter</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[An increase in Fannie's investment losses related to MBS acquisitions was more than offset by a shift from fair value losses to fair value gains.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/237326</guid>
      <pubDate>Wed, 29 Apr 2026 11:59:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/237326-fannie-earnings-stable-in-first-quarter</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>GSE Portfolio Activity Diverges in March</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[Fannie Mae sharply increased its investment portfolio during March while the balance of Freddie Mac’s portfolio didn’t change much.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/237316</guid>
      <pubDate>Tue, 28 Apr 2026 11:57:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/237316-gse-portfolio-activity-diverges-in-march</link>
    </item>
    <item>
      <title>PIMCO Believes Builder Buydowns Are Inflating Home Values</title>
      <author>ewilley@imfpubs.com</author>
      <description>
        <![CDATA[Daniel Hyman, a portfolio manager at PIMCO, said in a recent report that the buydowns lead to new-build homes selling at an inflated value that a homeowner is unlikely to match when they try to sell later.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/237311</guid>
      <pubDate>Mon, 27 Apr 2026 11:57:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/237311-pimco-believes-builder-buydowns-are-inflating-home-values</link>
    </item>
    <item>
      <title>Freddie Enlists Newrez for First Securitization of VantageScore 4.0 Loans</title>
      <author>jdohnert@imfpubs.com</author>
      <description>
        <![CDATA[Newrez said that the securitized loans were part of a loan delivery limited engagement by Freddie, which helped validate the operational readiness for VantageScore 4.0.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/237312</guid>
      <pubDate>Mon, 27 Apr 2026 11:56:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/237312-freddie-enlists-newrez-for-first-securitization-of-vantagescore-40-loans</link>
    </item>
    <item>
      <title>GSE Purchase-Mortgage Volume With Private MI Gains Share</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[On average, loan-to-value ratios and debt-to-income ratios are much higher for GSE purchase mortgages with private MI compared with loans that don’t carry MI.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/237304</guid>
      <pubDate>Fri, 24 Apr 2026 11:59:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/237304-gse-purchase-mortgage-volume-with-private-mi-gains-share</link>
    </item>
    <item>
      <title>Short Takes: Lock-In Loosening / Another Agency MBS REIT Takes Loss / Tax Refunds Help Lower DQs / Prepayments Rise in March</title>
      <author>jdohnert@imfpubs.com</author>
      <description>
        <![CDATA[A third of its homeseller clients have rates below 5%, Coldwell Banker says.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/237308</guid>
      <pubDate>Fri, 24 Apr 2026 11:55:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/237308-short-takes-lock-in-loosening-another-agency-mbs-reit-takes-loss-tax-refunds-help-lower-dqs-prepayments-rise-in-march</link>
    </item>
    <item>
      <title>GSEs, FHA Moving Forward With New Credit Scores</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[The GSEs will accept VantageScore 4.0 on a pilot basis. FHA will follow at a later date, along with plans for the GSEs and FHA to allow for use of FICO 10T.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/237288</guid>
      <pubDate>Thu, 23 Apr 2026 11:59:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/237288-gses-fha-moving-forward-with-new-credit-scores</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>Short Takes: Adverse Selection Risk? / New Pricing From FICO / Pulte Defers to Trump on GSE Reform / SoFi Offering HELOCs</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[FHFA Director Bill Pulte dismissed concerns about adverse selection risk tied to the optionality for lenders on FICO scores and VantageScore.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/237291</guid>
      <pubDate>Thu, 23 Apr 2026 11:55:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/237291-short-takes-adverse-selection-risk-new-pricing-from-fico-pulte-defers-to-trump-on-gse-reform-sofi-offering-helocs</link>
    </item>
    <item>
      <title>Brokers Look to Reduce Credit Report Costs</title>
      <author>ewilley@imfpubs.com</author>
      <description>
        <![CDATA[The Brokers Action Coalition is proposing to reduce the number of pulls by allowing borrowers to take their credit reports with them when they shop for mortgages.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/237275</guid>
      <pubDate>Wed, 22 Apr 2026 11:57:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/237275-brokers-look-to-reduce-credit-report-costs</link>
    </item>
    <item>
      <title>Bulk Agency MSR Sales Slow Down After 4Q Mergers</title>
      <author>jbancroft@imfpubs.com</author>
      <description>
        <![CDATA[A new<em> Inside Mortgage Trends </em>analysis showed a total of $164.28 billion of agency MSR changed hands in the first three months of the new year, down 84.1% from the prior quarter.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/237249</guid>
      <pubDate>Mon, 20 Apr 2026 11:59:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/237249-bulk-agency-msr-sales-slow-down-after-4q-mergers</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>PIMCO Cites Issues With Trump Admin’s Affordability Efforts</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[The PIMCO team criticized one of the most popular proposals for lowering the cost of a mortgage: reducing the guarantee fees charged by the GSEs.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/237242</guid>
      <pubDate>Fri, 17 Apr 2026 11:57:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/237242-pimco-cites-issues-with-trump-admins-affordability-efforts</link>
    </item>
    <item>
      <title>Short Takes: Stable Ratings for GSEs / Truist Bucks Trend in Originations / Shakeup at Dark Matter / Agentic Reasoning Engine</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[“While speculation continues around the potential privatization of the government-sponsored enterprises, Morningstar DBRS does not view any changes to [their] status as likely for the length of the credit rating outlook period given the complexities and potential consequences of such an action, especially considering the current macroeconomic environment,” the rating service said.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/237244</guid>
      <pubDate>Fri, 17 Apr 2026 11:55:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/237244-short-takes-stable-ratings-for-gses-truist-bucks-trend-in-originations-shakeup-at-dark-matter-agentic-reasoning-engine</link>
    </item>
    <item>
      <title>Conforming Jumbo Business at GSEs Down in First Quarter</title>
      <author>azimmardi@imfpubs.com</author>
      <description>
        <![CDATA[Some $8.60 billion of conforming jumbos flowed into GSE mortgage-backed securities issued during the first quarter, an 11.0% decline from the previous quarter.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/237222</guid>
      <pubDate>Thu, 16 Apr 2026 11:59:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/237222-conforming-jumbo-business-at-gses-down-in-first-quarter</link>
    </item>
    <item>
      <title>Residential MBS Issuance Declines Slightly in First Quarter</title>
      <author>jbancroft@imfpubs.com</author>
      <description>
        <![CDATA[Agency MBS issuance declined on a quarterly basis in the first quarter of 2026 while non-agency MBS issuance hit the highest level since the financial meltdown of 2007.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/237189</guid>
      <pubDate>Tue, 14 Apr 2026 11:59:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/237189-residential-mbs-issuance-declines-slightly-in-first-quarter</link>
    </item>
    <item>
      <title>Agency Purchase-Mortgage Business Holds Steady in Early 2026</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[Purchase-mortgage volume in agency MBS issued in the first quarter of 2026 was essentially flat compared with the first quarter of 2025.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/237178</guid>
      <pubDate>Fri, 10 Apr 2026 11:59:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/237178-agency-purchase-mortgage-business-level-compared-with-2025</link>
    </item>
    <item>
      <title>GSE Policies on Cryptocurrency Unchanged</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[Multiple GSE officials told <em>Inside The GSEs</em> that no changes have been made to their selling guides regarding crypto assets, even with a splashy planned mortgage product from Better Home & Finance.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/237181</guid>
      <pubDate>Fri, 10 Apr 2026 11:56:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/237181-gse-policies-on-cryptocurrency-unchanged</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>GSE MBS Issuance Declines in First Quarter of 2026</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[An uptick in refinance activity wasn’t enough to offset the seasonal decline in purchase-mortgage volume.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/237143</guid>
      <pubDate>Wed, 08 Apr 2026 11:59:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/237143-gse-mbs-issuance-declines-in-first-quarter-of-2026</link>
    </item>
    <item>
      <title>High-LTV Loans Account for Growing Share of GSE Deliveries</title>
      <author>jdohnert@imfpubs.com</author>
      <description>
        <![CDATA[The share of high-LTV purchase loans delivered to the GSEs rose nearly 100 basis points to 47.52% in the first quarter, according to an <em>Inside Mortgage Trends </em>analysis of mortgage-backed security disclosures.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/237125</guid>
      <pubDate>Mon, 06 Apr 2026 11:59:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/237125-high-ltv-loans-account-for-growing-share-of-gse-deliveries</link>
    </item>
    <item>
      <title>Fannie Plans to Expand Fraud Detection Efforts with Palantir</title>
      <author>jdohnert@imfpubs.com</author>
      <description>
        <![CDATA[Fannie Mae hopes to extend the partnership to include fraud detection in its single-family mortgage business.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/237127</guid>
      <pubDate>Mon, 06 Apr 2026 11:57:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/237127-fannie-hopes-to-expand-fraud-detection-efforts-with-palantir</link>
    </item>
    <item>
      <title>AmeriHome Fills Up New MBS of GSE-Eligible Loans</title>
      <author>jdohnert@imfpubs.com</author>
      <description>
        <![CDATA[AmeriHome Mortgage Company is the sole originator and servicer of GSE-eligible loans in a new MBS being marketed by Annaly Capital Management.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/237128</guid>
      <pubDate>Mon, 06 Apr 2026 11:56:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/237128-amerihome-fills-up-new-mbs-of-gse-eligible-loans</link>
    </item>
    <item>
      <title>Pennymac Spreads Out Agency-Eligible Deliveries</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[Ellington Financial is set to issue a non-agency MBS with GSE-eligible mortgages originated by Pennymac.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/237121</guid>
      <pubDate>Fri, 03 Apr 2026 11:57:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/237121-pennymac-spreads-out-agency-eligible-deliveries</link>
    </item>
    <item>
      <title>Short Takes: GSEs Delay UCD Timeline / Lending Up Slightly in 1Q at Figure / Newrez Launches CES Product in Wholesale / PartnerOne Acquires Mortgage Cadence</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[The GSEs plan to announce a new adoption date for the Uniform Closing Dataset during the fourth quarter of 2026.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/237123</guid>
      <pubDate>Fri, 03 Apr 2026 11:55:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/237123-short-takes-gses-delay-ucd-timeline-lending-up-slightly-in-1q-at-figure-newrez-launches-ces-product-in-wholesale-partnerone-acquires-mortgage-cadence</link>
    </item>
    <item>
      <title>GSE Completes Pilot Securitization With VantageScore</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[Loans backing the securitization included both VantageScore 4.0 and Classic FICO.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/237073</guid>
      <pubDate>Fri, 27 Mar 2026 11:56:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/237073-gse-completes-pilot-securitization-with-vantagescore</link>
    </item>
    <item>
      <title>Freddie Mac Adds to MBS Holdings, Sheds Loans in February</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[Freddie Mac increased its holdings of agency mortgage-backed securities by 14.5% on a monthly basis during February.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/237049</guid>
      <pubDate>Thu, 26 Mar 2026 11:57:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/237049-freddie-mac-adds-to-mbs-holdings-sheds-loans-in-february</link>
    </item>
    <item>
      <title>GSE Buybacks in 2025 Fall to Level Last Seen in 2020</title>
      <author>jbancroft@imfpubs.com</author>
      <description>
        <![CDATA[GSE buybacks in 2025 were down 12.8% from 2024 and represented the lowest annual total since 2020.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/237017</guid>
      <pubDate>Tue, 24 Mar 2026 11:59:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/237017-gse-buybacks-in-2025-fall-to-level-last-seen-in-2020</link>
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