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    <title>Commercial/Multifamily</title>
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    <item>
      <title>Short Takes: Home Price Appreciation Slows / Tech Investor Buying Lender / First-Lien HELOC Securitization / Zions Bank to Acquire Multifamily Unit</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[Home prices increased by 0.1% on a monthly, seasonally-adjusted basis, according to Redfin.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/237021</guid>
      <pubDate>Tue, 24 Mar 2026 11:55:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/237021-short-takes-home-prices-appreciation-slows-tech-investor-buy-lender-first-lien-heloc-securitization-zions-bank-to-acquire-multifamily-unit</link>
    </item>
    <item>
      <title>Rithm’s Commercial Loan REIT Eyes Lender Acquisition</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[Rithm Property Trust is looking to acquire an agency multifamily loan originator or servicer.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/236687</guid>
      <pubDate>Tue, 17 Feb 2026 11:57:00 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/236687-rithms-commercial-loan-reit-eyes-lender-acquisition</link>
    </item>
    <item>
      <title>FHFA Increases GSE Multifamily Caps for 2026</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[Both Fannie Mae and Freddie Mac will be subject to $88.0 million caps on their multifamily funding volume in 2026.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/236021</guid>
      <pubDate>Tue, 25 Nov 2025 11:56:00 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/236021-fhfa-increases-gse-multifamily-caps-for-2026</link>
    </item>
    <item>
      <title>Non-Agency CMBS Issuance Rebounds in 1Q.  However...</title>
      <author>jbancroft@imfpubs.com</author>
      <description>
        <![CDATA[Some $11.98 billion of office-property financing was securitized in the first quarter, more than six times the volume in 4Q24.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/234311</guid>
      <pubDate>Tue, 20 May 2025 12:03:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/234311-cmbs</link>
    </item>
    <item>
      <title>NYMT Reports Losses in 4Q Amid Portfolio Restructuring</title>
      <author>jdohnert@imfpubs.com</author>
      <description>
        <![CDATA[NYMT has restructured its portfolio over the past two years to stop lending for multifamily properties and minimize funding of ground-up construction projects.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/233536</guid>
      <pubDate>Fri, 21 Feb 2025 11:59:00 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/233536-nymt-reports-losses-in-4q-amid-portfolio-restructuring</link>
    </item>
    <item>
      <title>Short Takes: Forbearance Rate Increases / Home Price Appreciation Stalls / FHFA Increases GSEs’ Multifamily Cap Slightly / Scott Calls for Halt on Rulemaking, Guidance</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[The share of mortgages in forbearance increased from 0.34% as of the end of September to 0.47% at the end of October, according to the Mortgage Bankers Association.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/232721</guid>
      <pubDate>Tue, 19 Nov 2024 11:55:00 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/232721-short-takes-forbearance-rate-increases-home-price-appreciation-stalls-fhfa-increases-gses-multifamily-cap-slightly-scott-calls-for-halt-on-rulemaking-guidance</link>
    </item>
    <item>
      <title>Multifamily Loans Drive Up Commercial MBS Issuance</title>
      <author>jbancroft@imfpubs.com</author>
      <description>
        <![CDATA[Some $30.44 billion of multifamily loans went into commercial MBS issuance in the third quarter, a 46.1% increase from the second quarter.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/232618</guid>
      <pubDate>Thu, 07 Nov 2024 11:56:00 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/232618-multifamily-loans-drive-up-commercial-mbs-issuance</link>
    </item>
    <item>
      <title>Short Takes: Low Home Sales, Gradual Price Increases / Wells to Sell Part of Commercial Servicing Business / Forbearance Levels Increase / Better’s Stock Split</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[Home prices increased by 0.2% on a monthly basis in July, according to Redfin.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/231890</guid>
      <pubDate>Tue, 20 Aug 2024 11:55:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/231890-short-takes-low-home-sales-gradual-price-increases-wells-to-sell-part-of-commercial-servicing-business-forbearance-levels-increase-betters-stock-split</link>
    </item>
    <item>
      <title>Short Takes: Another CES Securitization From Rocket / HUD Plans Changes to Loan Sale Program / FHFA Sets Protections for Renters / Outlook for Cornerstone Servicer Rating Turns Positive</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[With the new securitization, Rocket's non-agency issuance of closed-end second liens will hit $2.19 billion for the year.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/231561</guid>
      <pubDate>Mon, 15 Jul 2024 11:55:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/231561-short-takes-another-ces-securitization-from-rocket-hud-plans-changes-to-loan-sale-program-fhfa-sets-protections-for-renters-outlook-for-cornerstone-servicer-rating-turns-positive</link>
    </item>
    <item>
      <title>Short Takes: Home Sales Weak in May / New Jumbo MBS From Redwood / Saluda Grade Expands Into Commercial Market</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[“There have been just two months in the past decade with fewer home sales [than in May 2024]: October 2023, when mortgage rates jumped to a 23-year high, and May 2020, when the onset of the pandemic brought the housing market to a halt and home sales to a record low,” Redfin said.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/231315</guid>
      <pubDate>Fri, 14 Jun 2024 11:55:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/231315-short-takes-home-sales-weak-in-may-new-jumbo-mbs-from-redwood-saluda-grade-expands-into-commercial-market</link>
    </item>
    <item>
      <title>Non-Agency CMBS Surges in 1Q, But Agency MF Lags</title>
      <author>jbancroft@imfpubs.com</author>
      <description>
        <![CDATA[A big part of the gain in issuance came from deals backed by industrial properties...]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/230997</guid>
      <pubDate>Mon, 13 May 2024 12:42:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/230997-non-agency-cmbs-surges-in-1q-but-agency-mf-lags</link>
    </item>
    <item>
      <title>Fitch Warns of ‘Global Contagion’ From Commercial Loans</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[Fitch said issues with commercial loans could prompt the failure of “a moderate number of predominantly smaller banks.”]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/230633</guid>
      <pubDate>Wed, 03 Apr 2024 11:57:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/230633-fitch-warns-of-global-contagion-from-commercial-loans</link>
    </item>
    <item>
      <title>Conduit CMBS Losses Lowest Since 2009. (Not a Typo)</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[Retail properties accounted for 68.5% of total losses...]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/230567</guid>
      <pubDate>Mon, 25 Mar 2024 13:22:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/230567-conduit-cmbs-losses-lowest-since-2009-not-a-typo</link>
    </item>
    <item>
      <title>Velocity Increases Production, Earnings in Fourth Quarter</title>
      <author>jdohnert@imfpubs.com</author>
      <description>
        <![CDATA[A decrease in competition from banks is helping Velocity Financial with business purpose loans.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/230425</guid>
      <pubDate>Fri, 08 Mar 2024 11:56:00 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/230425-velocity-posts-record-earnings-in-4q</link>
    </item>
    <item>
      <title>NYCB Revises 4Q Financials, CEO Resigns</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[NYCB’s fourth-quarter results went from a $252 million net loss as reported Jan. 31 to a $2.71 billion loss.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/230364</guid>
      <pubDate>Fri, 01 Mar 2024 11:56:00 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/230364-nycb-revises-4q-financials-ceo-resigns</link>
    </item>
    <item>
      <title>Short Takes: NewRez Stands Out Among Servicers / CES Securitizations / MBA Warns on Rent Control / Multifamily Property Insurance Symposium</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[NewRez received a "star" rating from Fannie Mae for general servicing, solution delivery and timeline management.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/230190</guid>
      <pubDate>Tue, 13 Feb 2024 11:55:00 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/230190-short-takes-newrez-stands-out-among-servicers-ces-securitizations-mba-warns-on-rent-control-multifamily-property-insurance-symposium</link>
    </item>
    <item>
      <title>NYCB Makes Fresh Disclosure to Tout ‘Ample Liquidity’</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[NYCB recently took unexpected losses on its commercial lending and passed an asset threshold that prompts increased scrutiny by federal regulators.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/230138</guid>
      <pubDate>Wed, 07 Feb 2024 11:57:00 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/230138-nycb-makes-fresh-disclosure-to-tout-ample-liquidity</link>
    </item>
    <item>
      <title>A Feeble 4Q23 Sends CMBS Issuance to an 11-Year Low</title>
      <author>jbancroft@imfpubs.com</author>
      <description>
        <![CDATA[One positive: Financing for retail properties and hotels actually saw gains in the fourth quarter.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/230115</guid>
      <pubDate>Mon, 05 Feb 2024 12:59:00 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/230115-a-feeble-4q23-sends-cmbs-issuance-to-an-11-year-low</link>
    </item>
    <item>
      <title>Short Takes: Pending Home Sales Level / Home Prices Climb / Commercial MBS Delinquencies Decline</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[Lower interest rates didn't translate into higher home sales in November.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/229821</guid>
      <pubDate>Tue, 02 Jan 2024 11:55:00 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/229821-short-takes-pending-home-sales-level-home-prices-climb-commercial-mbs-delinquencies-decline</link>
    </item>
    <item>
      <title>Signs of Stability in Commercial MBS Market</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[Players in the commercial MBS market now have a better understanding about which assets are performing and which aren’t, according to Lisa Pendergast, executive director of the Commercial Real Estate Finance Council.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/229610</guid>
      <pubDate>Fri, 01 Dec 2023 11:56:00 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/229610-signs-of-stability-in-commercial-mbs-market</link>
    </item>
    <item>
      <title>Short Takes: Freddie Mac Multifamily Promotes Lillestolen / Spring EQ Acquired by Cerberus Capital / NexTier Merges With Mars Bancorp / Mortgage Delinquencies at Historic Lows</title>
      <author>jdohnert@imfpubs.com</author>
      <description>
        <![CDATA[Freddie Mac Multifamily hires; SpringEQ acquired by Cerberus Capital Management; NexTier Merges with Mars Bancorp; CoreLogic reports record low mortgage delinquencies.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/228795</guid>
      <pubDate>Fri, 01 Sep 2023 11:55:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/228795-short-takes-freddie-mac-multifamily-makes-new-hire-spring-eq-acquires-cerberus-capital-nextier-merges-with-mars-bancorp-mortgage-delinquencies-at-historic-lows</link>
    </item>
    <item>
      <title>A Nice 2Q23 Rebound for Commercial MBS</title>
      <author>jbancroft@imfpubs.com</author>
      <description>
        <![CDATA[Securitization of industrial property loans more than doubled on a quarterly basis...]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/228692</guid>
      <pubDate>Mon, 21 Aug 2023 12:49:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/228692-a-nice-2q23-rebound-for-commercial-mbs</link>
    </item>
    <item>
      <title>Short Takes: FHA Updates Multifamily Loan Limit / Minority Borrowers Recovering After Forbearance / HPA Outpacing Wage Growth / Home Price Outlook</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[FHA is making moves on multifamily loans...]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/228238</guid>
      <pubDate>Thu, 29 Jun 2023 11:55:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/228238-short-takes-fha-updates-multifamily-loan-limit-minority-borrowers-recovering-after-forbearance-hpa-outpacing-wage-growth-home-price-outlook</link>
    </item>
    <item>
      <title>Western Asset’s REIT to Merge With Terra Property Trust</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[Western Asset Mortgage Capital's investments in residential assets will be sold off, with the capital going toward commercial assets.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/228217</guid>
      <pubDate>Wed, 28 Jun 2023 11:58:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/228217-western-assets-reit-to-merge-with-terra-property-trust</link>
    </item>
    <item>
      <title>Short Takes: CFPB Appeals Townstone Case / FDIC to Sell Signature’s Loans / Synthetic LIBOR Planned</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[NCRC applauded the CFPB's decision to appeal a ruling in a redlining case.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/227433</guid>
      <pubDate>Tue, 04 Apr 2023 11:55:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/227433-short-takes-cfpb-appeals-townstone-case-fdic-to-sell-signatures-loans-synthetic-libor-planned</link>
    </item>
    <item>
      <title>Non-Agency CMBS Tanks in 4Q22, Agency Multifamily Edges Up</title>
      <author>jbancroft@imfpubs.com</author>
      <description>
        <![CDATA[Lodging was the only major property type to get traction in the fourth quarter.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/226978</guid>
      <pubDate>Fri, 10 Feb 2023 13:05:00 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/226978-non-agency-cmbs-tanks-in-4q22-agency-multifamily-edges-up</link>
    </item>
    <item>
      <title>New Securitization Sputters in Final Quarter of 2022</title>
      <author>jbancroft@imfpubs.com</author>
      <description>
        <![CDATA[Another way to view it: 2022 was the seventh-highest annual output ever...]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/226671</guid>
      <pubDate>Fri, 06 Jan 2023 12:59:00 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/226671-new-securitization-sputters-in-final-quarter-of-2022</link>
    </item>
    <item>
      <title>A Tough Road Ahead for Certain CMBS Maturities </title>
      <author>smanas@imfpubs.com</author>
      <description>
        <![CDATA[Now, and for the foreseeable future, capital will remain costlier and less available...]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/226632</guid>
      <pubDate>Wed, 04 Jan 2023 09:00:00 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/226632-a-tough-road-ahead-for-certain-cmbs-maturities</link>
    </item>
    <item>
      <title>Nonbanks Raised $4B of Capital in 2022. As for Next Year…</title>
      <author>pmuolo@imfpubs.com</author>
      <description>
        <![CDATA[BTIG believes the "near-term opportunity" favors more of a valuation recovery story for the mortgage stocks it covers...]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/226423</guid>
      <pubDate>Tue, 06 Dec 2022 12:58:00 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/226423-nonbanks-raised-4b-of-capital-in-2022-as-for-next-year</link>
    </item>
    <item>
      <title>CMBS Falters in 3Q22 but Agency Multifamily Softens the Decline</title>
      <author>jbancroft@imfpubs.com</author>
      <description>
        <![CDATA[The biggest decline was in non-agency CMBS, where issuance tumbled 30.2%.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/226214</guid>
      <pubDate>Fri, 11 Nov 2022 13:05:18 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/226214-cmbs-falters-in-3q22-but-agency-multifamily-softens-the-decline</link>
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