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    <title>Agency MBS</title>
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      <![CDATA[Description+goes+here]]>
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    <item>
      <title>PIMCO Skeptical of Trump Administration’s Affordability Plans</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[Experts at the bond giant criticized the random MBS purchases, GSE public offering plans and guarantee-fee reductions.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/237198</guid>
      <pubDate>Thu, 16 Apr 2026 16:08:20 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/237198-pimco-skeptical-of-administrations-affordability-plans</link>
    </item>
    <item>
      <title>Conservatives Believe Major GSE Reforms Are Unlikely</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[Conservative critics of the housing-finance system say preserving the status quo is more likely than a release from conservatorship or a government monopoly.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/237086</guid>
      <pubDate>Fri, 03 Apr 2026 11:54:36 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/237086-conservatives-predict-the-future-of-the-gses</link>
    </item>
    <item>
      <title>GSE Roundup</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[GSEs delay UCD timeline; updates on Pulte’s legal battles with Trump opponents; Fed’s MBS holdings continue to dwindle; Opendoor to partner with Fannie’s Title Acceptance Program.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/237111</guid>
      <pubDate>Fri, 03 Apr 2026 11:51:43 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/237111-gse-roundup</link>
    </item>
    <item>
      <title>GSE Roundup</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[What the GSEs are worth to the federal government; new MBS disclosures; former Freddie VP resurfaces at the helm of nonprofit.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/237000</guid>
      <pubDate>Fri, 20 Mar 2026 14:14:19 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/237000-gse-roundup</link>
    </item>
    <item>
      <title>Rep. Hill Unimpressed by Trump’s GSE ‘IPO’ Plan</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[The White House may face some opposition from its own party if it moves toward major GSE reform without Congress.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/236712</guid>
      <pubDate>Fri, 20 Feb 2026 14:50:41 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/236712-key-house-republican-challenges-trumps-gse-plans</link>
    </item>
    <item>
      <title>M&amp;A Reshapes Conventional Mortgage Market</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[Mergers caused deliveries of conventional mortgages from Rocket and Bayview to spike, reshuffling the leaderboard for GSE sellers. (Includes two data tables.)]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/236612</guid>
      <pubDate>Fri, 06 Feb 2026 15:00:30 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/236612-m-and-a-reshapes-conventional-mortgage-market</link>
    </item>
    <item>
      <title>The Unintended Consequences of Buying $200 Billion in MBS</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[The GSEs were already quietly adding MBS to their portfolios before Trump directed them to purchase $200 billion more. Investors may now be paying a price for that intervention.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/236618</guid>
      <pubDate>Fri, 06 Feb 2026 14:50:32 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/236618-the-unintended-consequences-of-buying-200-billion-in-mbs</link>
    </item>
    <item>
      <title>GSE Reform Plans Uncertain Following $200B MBS Push</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[Some critics argue that forcing Fannie Mae and Freddie Mac to intervene in the mortgage-backed securities market may indicate their recapitalization and release from conservatorship is now on hold.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/236455</guid>
      <pubDate>Fri, 23 Jan 2026 15:58:44 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/236455-the-unintended-consequences-of-the-gses-purchasing-200-billion-mbs</link>
    </item>
    <item>
      <title>GSE Multifamily Holdings Surge</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[Freddie multifamily acquisitions more than doubled from the second quarter to the third, suggesting the GSE was responsible for most of the $27.84 billion spike in multifamily debt held in federal agencies and GSE portfolio and MBS.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/236479</guid>
      <pubDate>Fri, 23 Jan 2026 15:48:56 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/236479-gse-multifamily-holdings-surge</link>
    </item>
    <item>
      <title>Trump Orders GSEs to Boost MBS Investments</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[The president wants Fannie and Freddie to buy $200 billion in agency MBS to lower interest rates and reduce the cost of buying a home. Initial reaction from MBS analysts was mixed.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/236355</guid>
      <pubDate>Fri, 09 Jan 2026 15:37:24 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/236355-trumps-200-billion-housing-policy</link>
    </item>
    <item>
      <title>Profitability Gap on G-Fees Negative in 2024</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[A negative profitability gap means the guarantee fees on newly acquired loans weren’t enough to cover the expected cost of guaranteeing the loans and earning the expected return on capital.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/236350</guid>
      <pubDate>Fri, 09 Jan 2026 15:35:26 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/236350-profitability-gap-on-g-fees-went-negative-in-2024</link>
    </item>
    <item>
      <title>Largest Sellers See GSE Deliveries Wane in November</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[UWM, Rocket and Pennymac all sold fewer mortgages to the GSEs in November than in October. That contributed to a 1.3% monthly decline in GSE MBS issuance. (Includes two data tables.)]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/236079</guid>
      <pubDate>Fri, 05 Dec 2025 13:39:19 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/236079-largest-sellers-see-gse-deliveries-wane-in-november</link>
    </item>
    <item>
      <title>GSE Reform Gets a Skeptical Reception</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[Industry observers note that, despite its bold pronouncements about a public offering for the GSEs, the Trump administration still has not addressed the key issues that make this a risky proposition.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/236072</guid>
      <pubDate>Fri, 05 Dec 2025 13:35:22 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/236072-gse-reform-gets-a-skeptical-reception</link>
    </item>
    <item>
      <title>Senate Considers GSE Securitization of AD&amp;C Loans</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[Legislation could prompt a study by the GAO to see if a secondary market for securitizations of acquisition, development and construction loans would help increase the supply of new-built homes.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/236092</guid>
      <pubDate>Fri, 05 Dec 2025 13:34:23 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/236092-senate-considers-gse-securitization-of-ad-and-c-loans</link>
    </item>
    <item>
      <title>Ackman Taps the Brakes on GSE Reform</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[Pershing Square founder Bill Ackman, who earlier this year pitched a swift end to the conservatorship, now says it could take as long as three years. He also has some near-term suggestions.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/235962</guid>
      <pubDate>Fri, 21 Nov 2025 15:12:05 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/235962-ackman-taps-the-brakes-on-gse-reform</link>
    </item>
    <item>
      <title>GSE Reform Without Ending Conservatorships</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[Mortgage industry stakeholders discussed what happens to the UMBS, LLPAs and capital rules if shares in the GSEs are sold without letting them out of conservatorship.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/235982</guid>
      <pubDate>Fri, 21 Nov 2025 15:09:11 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/235982-gse-reform-without-ending-conservatorships</link>
    </item>
    <item>
      <title>Credit Score Changes to Impact CRT Disclosures</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[Enhancements to CRT disclosures introduce three new fields and modify one existing field.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/235984</guid>
      <pubDate>Fri, 21 Nov 2025 15:07:14 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/235984-credit-score-changes-to-impact-crt-disclosures</link>
    </item>
    <item>
      <title>GSEs Faulted for Variations in Share Across Markets</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[According to an analysis by a former FHFA economist, GSE market share ranges from 14.5% in Eagle Pass, TX, to 67.0% in Boulder, CO. Except for Puerto Rico, these disparities are widest in the South and Southwest.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/235849</guid>
      <pubDate>Fri, 07 Nov 2025 13:54:20 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/235849-uneven-access-to-the-gses</link>
    </item>
    <item>
      <title>GSEs Boost Investments in Agency MBS</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[Amid pressure from some lender trade groups, Fannie Mae and Freddie Mac increased their investments in agency MBS during the third quarter. The move can drive down mortgage rates and goose GSE profits. (Includes data table.)]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/235780</guid>
      <pubDate>Thu, 30 Oct 2025 16:32:08 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/235780-gses-boost-portfolios</link>
    </item>
    <item>
      <title>Trump Weighing GSE Public Offering as Soon as Year End</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[Mortgage industry stakeholders pump the breaks on GSE reform while the administration still seems to have its foot on the gas.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/235688</guid>
      <pubDate>Fri, 24 Oct 2025 14:06:23 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/235688-gaming-out-the-timeline-of-a-gse-exit</link>
    </item>
    <item>
      <title>Trade Groups Call for More MBS Purchases by Fannie, Freddie</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[Allowing the GSEs, under certain conditions, to purchase up to $300 billion in agency MBS each could reduce mortgage rates by as much as 30 basis points, lender groups say.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/235707</guid>
      <pubDate>Fri, 24 Oct 2025 14:05:24 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/235707-trade-groups-say-let-the-gses-purchase-mbs</link>
    </item>
    <item>
      <title>Smaller Lenders Gain GSE Market Share</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[While market share of small- and mid-sized nonbank lenders grew, there was some leakage at the large nonbank lenders. Large mortgage companies’ market share fell sequentially to 53.8% from 56.1%. (Includes two data tables.)]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/235561</guid>
      <pubDate>Fri, 10 Oct 2025 16:24:21 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/235561-smaller-lenders-gain-market-share</link>
    </item>
    <item>
      <title>GSE Stock Offering Aims to Establish Value for Entities</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[Although FHFA Director Bill Pulte recently put the value of the GSEs at $1 trillion, most estimates are between $300 billion and $600 billion. Meanwhile, Commerce Secretary Howard Lutnick suggested that only a small portion of the GSEs will be sold via a stock offering.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/235329</guid>
      <pubDate>Fri, 12 Sep 2025 15:12:07 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/235329-what-are-the-gses-worth</link>
    </item>
    <item>
      <title>FHFA Signals Deregulation Plans for GSEs, FHLBanks</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[FHFA’s spring regulatory agenda includes plans to scrap nine existing and proposed rules.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/235306</guid>
      <pubDate>Fri, 12 Sep 2025 15:08:14 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/235306-fhfa-signals-plans-for-deregulation</link>
    </item>
    <item>
      <title>Court Dismisses RMBS Suit Against Former Freddie Execs</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[An Ohio court found that Freddie’s rosy statements in 2007 about its exposure to subprime and Alt A loans weren’t misleading, in part, because there was no universal definition of those terms at the time.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/235315</guid>
      <pubDate>Fri, 12 Sep 2025 15:01:19 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/235315-former-freddie-execs-win-an-rmbs-lawsuit</link>
    </item>
    <item>
      <title>Pulte Puts GSEs’ Valuation at $1 Trillion</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[Trump administration hinted a GSE stock sale might resemble its recent Intel deal, potentially seeding a national sovereign wealth fund.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/235174</guid>
      <pubDate>Fri, 29 Aug 2025 11:44:22 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/235174-pulte-puts-gses-valuation-at-1-trillion</link>
    </item>
    <item>
      <title>More Uncertainty About Future of GSEs</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[Industry insiders worry that mixed signals from the Trump administration makes complex decisions, like ending the conservatorship, more difficult.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/235095</guid>
      <pubDate>Fri, 15 Aug 2025 13:10:05 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/235095-more-uncertainty-about-future-of-gses</link>
    </item>
    <item>
      <title>GSE Reform Specifics Still Up for Debate</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[Pulte suggests no end to conservatorship, but that doesn’t stop the debate about how an exit would work and what the government should do with its windfall.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/234970</guid>
      <pubDate>Fri, 01 Aug 2025 15:14:08 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/234970-gse-reform-now-what</link>
    </item>
    <item>
      <title>FICO White Paper Disputes VantageScore Claims</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[Just one week after VantageScore 4.0 credit score was allowed for underwriting GSE-eligible loans, competitor FICO released data appearing to show that FICO 10 T has superior predictive capabilities.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/234818</guid>
      <pubDate>Fri, 18 Jul 2025 16:24:13 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/234818-fico-white-paper-disputes-vantagescore-claims</link>
    </item>
    <item>
      <title>Large Nonbanks Increase Share in GSE Market</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[The only banks among the top 10 GSE sellers in the first half of 2025 were Chase Home Finance and AmeriHome Mortgage. (Includes two data tables.)]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/234707</guid>
      <pubDate>Thu, 03 Jul 2025 12:59:11 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/234707-large-imbs-increase-market-share</link>
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