Description+goes+here https://www.insidemortgagefinance.com/rss en-us dhollier@imfpubs.com Testifying before the House Financial Services Committee this week, Federal Reserve Chair Kevin Warsh said any changes to monetary policy — including the Fed’s balance sheet — will be made transparently and communicated in advance to the market. http://www.insidemortgagefinance.com/articles/238016 Thu, 16 Jul 2026 16:47:01 -0400 https://www.insidemortgagefinance.com/articles/238016-policy-changes-at-the-fed-may-take-time dhollier@imfpubs.com While FICO and VantageScore debate whose new credit score model performs best, industry insiders say the transition to new scoring models may take years. http://www.insidemortgagefinance.com/articles/237941 Thu, 09 Jul 2026 16:32:04 -0400 https://www.insidemortgagefinance.com/articles/237941-gses-release-historical-fico-10t-data dhollier@imfpubs.com In May, the combined retained mortgage portfolios of Fannie Mae and Freddie Mac saw their first monthly decline in more than a year. http://www.insidemortgagefinance.com/articles/237927 Thu, 09 Jul 2026 16:31:52 -0400 https://www.insidemortgagefinance.com/articles/237927-gses-end-mbs-buying-spree bivey@imfpubs.com More than 90% of expanded-credit mortgage production went into MBS in the first quarter of 2026. (Includes data table.) http://www.insidemortgagefinance.com/articles/237848 Thu, 25 Jun 2026 16:16:45 -0400 https://www.insidemortgagefinance.com/articles/237848-securitization-rate-for-mortgages-rebounds-in-1q dhollier@imfpubs.com A property law expert said securitizing real property interests encourages home price inflation. http://www.insidemortgagefinance.com/articles/237830 Thu, 25 Jun 2026 16:12:00 -0400 https://www.insidemortgagefinance.com/articles/237830-the-case-against-mbs dhollier@imfpubs.com Urban Institute researchers say the mortgage industry will experience slightly better capital treatment as a result of the changes to the Basel III Endgame, but they recommend some improvements. http://www.insidemortgagefinance.com/articles/237787 Thu, 18 Jun 2026 11:06:00 -0400 https://www.insidemortgagefinance.com/articles/237787-rejiggering-the-basel-re-proposal dhollier@imfpubs.com Economists note that the pricing of mortgage credit risk depends not only on the quality of the underlying mortgages but also on who ultimately bears that risk. http://www.insidemortgagefinance.com/articles/237776 Thu, 18 Jun 2026 11:03:00 -0400 https://www.insidemortgagefinance.com/articles/237776-mutual-fund-investment-in-crt-reduces-spreads jdohnert@imfpubs.com The automated AI trade included a $3 million to-be-announced deal that went to a competitive auction across all dealers, and two $500,000 trades that were routed to dealers selected by Pike Creek Mortgage. http://www.insidemortgagefinance.com/articles/237725 Thu, 11 Jun 2026 17:04:00 -0400 https://www.insidemortgagefinance.com/articles/237725-mct-leverages-ai-to-execute-tba-trades bivey@imfpubs.com GSE MBS investors were frustrated with limited communication from the Trump administration even before FHFA Director Bill Pulte was named acting director of national intelligence this week. The appointment prompted more speculation about the future of the GSEs. http://www.insidemortgagefinance.com/articles/237666 Thu, 04 Jun 2026 18:07:00 -0400 https://www.insidemortgagefinance.com/articles/237666-gse-mbs-investors-looking-for-guidance-from-trump dhollier@imfpubs.com A Federal Reserve economist estimates that a one-percentage-point steepening of the yield curve reduces the spread between mortgages and the 10-year Treasury yield by 40 basis points. http://www.insidemortgagefinance.com/articles/237579 Thu, 28 May 2026 16:00:56 -0400 https://www.insidemortgagefinance.com/articles/237579-the-mechanics-of-mortgage-spreads dhollier@imfpubs.com MBS investors are likely to charge a pay-up for securities backed by mortgages underwritten with VantageScore — at least until they’re confident prepayment speeds won’t accelerate. http://www.insidemortgagefinance.com/articles/237549 Thu, 21 May 2026 16:43:58 -0400 https://www.insidemortgagefinance.com/articles/237549-secondary-market-implications-of-new-credit-scores dhollier@imfpubs.com New Fed Chair Kevin Warsh has long criticized the size of the Fed’s balance sheet, in particular, its massive holdings of agency MBS. http://www.insidemortgagefinance.com/articles/237539 Thu, 21 May 2026 16:25:29 -0400 https://www.insidemortgagefinance.com/articles/237539-what-does-warsh-mean-for-the-mbs-market bivey@imfpubs.com Fannie Mae and Freddie Mac each issued two CRT transactions during the first quarter of 2026, including deals in March amid broader economic volatility. (Includes data table.) http://www.insidemortgagefinance.com/articles/237467 Thu, 14 May 2026 14:41:01 -0400 https://www.insidemortgagefinance.com/articles/237467-gses-increase-crt-issuance-in-1q-despite-headwinds dhollier@imfpubs.com FICO’s CEO argued that VantageScore isn’t gaining much traction in the MBS and ABS markets, and that the only way the score will take share with GSE mortgages will be if lenders game the system. http://www.insidemortgagefinance.com/articles/237410 Thu, 07 May 2026 17:27:19 -0400 https://www.insidemortgagefinance.com/articles/237410-fico-vs-vantagescore-the-gloves-come-off bivey@imfpubs.com Some large servicers are using securitizations for MSR financing while mid-size and smaller servicers stick with bilateral agreements. http://www.insidemortgagefinance.com/articles/237422 Thu, 07 May 2026 16:27:25 -0400 https://www.insidemortgagefinance.com/articles/237422-msr-financing-trends-vary-by-servicer-size dhollier@imfpubs.com Policies put in place during the pandemic prevent many small banks and credit unions from selling small-balance loans to the GSEs, which constrains mortgage lending in rural and low-income communities. http://www.insidemortgagefinance.com/articles/237415 Thu, 07 May 2026 16:25:29 -0400 https://www.insidemortgagefinance.com/articles/237415-how-the-gses-can-boost-sbls dhollier@imfpubs.com Even with strong earnings the GSEs are making little progress on meeting stringent capital levels set during the first Trump administration. http://www.insidemortgagefinance.com/articles/237425 Thu, 07 May 2026 16:21:35 -0400 https://www.insidemortgagefinance.com/articles/237425-capital-shortfalls-unaffected-by-gse-profits dhollier@imfpubs.com For MBS investors, the biggest complication in the GSEs’ implementation of VantageScore 4.0 is likely loan-level pricing adjustments. http://www.insidemortgagefinance.com/articles/237332 Thu, 30 Apr 2026 17:50:35 -0400 https://www.insidemortgagefinance.com/articles/237332-vantagescore-impact-on-mbs-market-likely-minimal dhollier@imfpubs.com Fannie Mae expanded its portfolio by adding both whole loans and MBS, while Freddie Mac cut whole loans as it added MBS. http://www.insidemortgagefinance.com/articles/237339 Thu, 30 Apr 2026 17:50:33 -0400 https://www.insidemortgagefinance.com/articles/237339-gse-portfolio-strategies-diverge bivey@imfpubs.com Fannie Mae and Freddie Mac appear to be buying more MBS at times when spreads widen. They’re also hedging the purchases with interest rate swaps, according to industry participants. http://www.insidemortgagefinance.com/articles/237295 Thu, 23 Apr 2026 16:09:33 -0400 https://www.insidemortgagefinance.com/articles/237295-gses-seen-as-opportunistic-buyers-of-agency-mbs dhollier@imfpubs.com The Treasury Market Practices Group released a white paper identifying how a change in the ownership structure of Fannie Mae and Freddie Mac could impact the broader financial markets. http://www.insidemortgagefinance.com/articles/237199 Thu, 16 Apr 2026 16:06:51 -0400 https://www.insidemortgagefinance.com/articles/237199-federal-reserve-group-weighs-risks-of-gse-reform dhollier@imfpubs.com Combining machine learning techniques with more traditional accounting is making it possible to predict both whether a loan will prepay and when. http://www.insidemortgagefinance.com/articles/237170 Thu, 16 Apr 2026 16:02:28 -0400 https://www.insidemortgagefinance.com/articles/237170-modeling-prepayment-risk-with-ml bivey@imfpubs.com Some 68.0% of mortgages originated in 2025 were sold into MBS. Securitization rates were stable across most products, except for expanded-credit mortgages, where the securitization rate increased sharply. (Includes data table.) http://www.insidemortgagefinance.com/articles/237025 Thu, 26 Mar 2026 16:59:14 -0400 https://www.insidemortgagefinance.com/articles/237025-residential-mortgage-securitization-rate-steady-in-2025 dhollier@imfpubs.com One of the GSEs has quietly issued an MBS comprised of loans underwritten using VantageScore 4.0. http://www.insidemortgagefinance.com/articles/237053 Thu, 26 Mar 2026 16:58:18 -0400 https://www.insidemortgagefinance.com/articles/237053-vantagescore-ceo-confirms-mbs-rumor dhollier@imfpubs.com Since the Iran war started, interest rates have returned to where they were when President Trump directed the GSEs to purchase $200 billion in MBS and most analysts say GSE reform is now off the table. http://www.insidemortgagefinance.com/articles/236970 Thu, 19 Mar 2026 17:10:47 -0400 https://www.insidemortgagefinance.com/articles/236970-mbs-analysts-weigh-impact-of-war dhollier@imfpubs.com Since the U.S. initiated strikes on Iran, mortgage rates and MBS spreads have given up all the ground they gained from the Trump administration’s directive for the GSEs to purchase $200 billion in agency MBS. http://www.insidemortgagefinance.com/articles/236922 Thu, 12 Mar 2026 16:41:32 -0400 https://www.insidemortgagefinance.com/articles/236922-mortgage-market-reacts-to-war-with-iran dhollier@imfpubs.com The potential rule change would allow banks to redesignate MBS holdings from held-to-maturity to available-for-sale. http://www.insidemortgagefinance.com/articles/236916 Thu, 12 Mar 2026 16:39:35 -0400 https://www.insidemortgagefinance.com/articles/236916-fasb-to-allow-hedging-of-held-to-maturity-portfolios dhollier@imfpubs.com Fannie Mae’s retained mortgage portfolio surpassed the size of Freddie Mac’s in January, a first since 2022 as Fannie is adding to its MBS holdings at a faster rate than Freddie. http://www.insidemortgagefinance.com/articles/236823 Thu, 05 Mar 2026 16:51:51 -0500 https://www.insidemortgagefinance.com/articles/236823-gse-portfolios-continue-shift-to-mbs bivey@imfpubs.com Figure Technology Solutions is working to facilitate originations and sales of first-lien mortgages, touting lower costs and modern technology compared with delivering loans to Fannie Mae and Freddie Mac. http://www.insidemortgagefinance.com/articles/236839 Thu, 05 Mar 2026 16:46:55 -0500 https://www.insidemortgagefinance.com/articles/236839-figure-looking-to-take-market-share-from-gses dhollier@imfpubs.com The shift from senior subordinate securitizations to predominantly fully guaranteed securitizations is expected to increase revenues for Freddie’s multifamily business. http://www.insidemortgagefinance.com/articles/236705 Thu, 19 Feb 2026 15:51:52 -0500 https://www.insidemortgagefinance.com/articles/236705-freddie-mac-launches-new-k-deal-strategy