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    <title>Housing-Finance Reform</title>
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      <![CDATA[Description+goes+here]]>
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    <item>
      <title>Industry Group Weighs Risks of GSE Reform</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[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.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/237199</guid>
      <pubDate>Thu, 16 Apr 2026 16:06:51 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/237199-federal-reserve-group-weighs-risks-of-gse-reform</link>
    </item>
    <item>
      <title>MBS Analysts Weigh Impact of Iran War</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[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.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/236970</guid>
      <pubDate>Thu, 19 Mar 2026 17:10:47 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/236970-mbs-analysts-weigh-impact-of-war</link>
    </item>
    <item>
      <title>Republicans in House Working on GSE Reform Bill</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[Republicans are poised to introduce a bill that would codify reforms of the GSEs that have been completed administratively. The bill would also establish a utility model framework for Fannie Mae and Freddie Mac and alter how calculations are made to annual changes in loan limits.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/236660</guid>
      <pubDate>Thu, 12 Feb 2026 16:39:36 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/236660-republicans-in-house-working-on-gse-reform-bill</link>
    </item>
    <item>
      <title>Analysts Mull Latest Plan for GSE Reform</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[Bill Ackman’s plan calls for Treasury to forgive its senior preferred shares, a strategy that some industry observers say would be politically risky for President Trump.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/236008</guid>
      <pubDate>Wed, 26 Nov 2025 10:10:32 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/236008-analysts-mull-latest-plan-for-gse-reform</link>
    </item>
    <item>
      <title>Trade Groups: Don’t Let GSE Reform Distort TBA Market</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[Securities industry stakeholders say preservation of the secondary mortgage market, especially MBS futures trading on the TBA market, is essential to keeping mortgage rates low.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/235939</guid>
      <pubDate>Thu, 20 Nov 2025 16:26:44 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/235939-trade-groups-dont-let-gse-reform-distort-tba-market</link>
    </item>
    <item>
      <title>GSE MBS Investors Adjust Guarantee Expectations</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[In the early years of Fannie/Freddie conservatorship, investors were seeking an explicit guarantee of GSE MBS as part of any reform effort. More recently, they have shown an acceptance for maintaining an implicit guarantee.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/235515</guid>
      <pubDate>Thu, 02 Oct 2025 16:55:25 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/235515-gse-mbs-investors-adjust-guarantee-expectations</link>
    </item>
    <item>
      <title>More Resistance to Potential Changes at Fannie, Freddie</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[Key mortgage industry stakeholders say an IPO of GSE stock would have trouble attracting investors if FHFA remains their conservator or they are released without an explicit guarantee.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/235142</guid>
      <pubDate>Thu, 21 Aug 2025 14:39:41 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/235142-more-resistance-to-gse-exit-plans</link>
    </item>
    <item>
      <title>Agency MBS Investors Comfortable With Trump, GSEs</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[President Trump said he plans to maintain an implicit guarantee for the GSEs if they’re removed from conservatorship. Prominent agency MBS investors expressed relief about the administration’s stance on GSE reform even though they don’t expect near-term action.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/234946</guid>
      <pubDate>Thu, 31 Jul 2025 17:35:55 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/234946-agency-mbs-investors-comfortable-with-trump-gses</link>
    </item>
    <item>
      <title>FHFA Changes to CSS May Enable Public Utility Plans</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[Changes to Common Securitization Solutions, including being renamed U.S. Financial Technology, appear to set the company up to serve additional secondary mortgage market participants.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/234654</guid>
      <pubDate>Thu, 26 Jun 2025 17:21:40 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/234654-css-and-gse-reform</link>
    </item>
    <item>
      <title>Trump Promises Implicit Guarantee for GSE MBS</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[President Trump attempted to mollify concerns about the post-conservatorship guarantee of GSE MBS, but questions remain about the regulatory treatment of those securities and the TBA market.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/234412</guid>
      <pubDate>Thu, 29 May 2025 16:08:59 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/234412-market-responds-to-trump-gse-comments</link>
    </item>
    <item>
      <title>Trump Urged to be Deliberate With GSE Reform Effort</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[Participants in the agency MBS market said if the Trump administration wants to release the GSEs from conservatorship, it should be done in a way that preserves many of the functions currently provided by Fannie Mae and Freddie Mac.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/234340</guid>
      <pubDate>Thu, 22 May 2025 16:12:13 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/234340-trump-urged-to-be-thoughtful-with-gse-reform</link>
    </item>
    <item>
      <title>Agency MBS Investors See Positive Signs on GSE Reform</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[The Trump administration appears unlikely in the near-term to work on ending the conservatorships of the GSEs. And any potential moves will aim to limit disruptions in the mortgage market, according to officials in the administration.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/234225</guid>
      <pubDate>Thu, 08 May 2025 16:45:28 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/234225-agency-mbs-investors-see-positive-signs-on-gse-reform</link>
    </item>
    <item>
      <title>Former Fannie/Freddie Execs Discuss Complexity of GSE Reform</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[Three former CEOs of the GSEs this week debated the impact of federal conservatorship, what steps must be taken to safely end the oversight and what the GSEs should look like afterwards.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/233768</guid>
      <pubDate>Thu, 20 Mar 2025 12:36:56 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/233768-former-fannie-freddie-execs-discuss-complexity-of-gse-reform</link>
    </item>
    <item>
      <title>Trump Urged to Maintain Agency MBS Stability</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[If the GSEs are released from conservatorship, some participants in the agency MBS market insist the to-be-announced market, uniform MBS and Fannie/Freddie CRT activity should remain untouched.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/233623</guid>
      <pubDate>Thu, 06 Mar 2025 16:11:45 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/233623-trump-urged-to-maintain-agency-mbs-stability</link>
    </item>
    <item>
      <title>Analysts Doubtful About GSE Reform</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[Treasury Secretary Bessent’s cautious remarks about the prospect for GSE reform heighten industry skepticism about the release of Fannie Mae and Freddie Mac from conservatorship.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/233423</guid>
      <pubDate>Thu, 13 Feb 2025 16:25:26 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/233423-analysts-doubtful-about-gse-reform</link>
    </item>
    <item>
      <title>REIT Agency MBS Investors Cautious on GSE Reform</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[The leaders of the big REITs that invest in agency MBS want a federal backstop for GSE MBS to continue.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/233389</guid>
      <pubDate>Thu, 06 Feb 2025 16:29:42 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/233389-reit-agency-mbs-investors-cautious-on-gse-reform</link>
    </item>
    <item>
      <title>Analysts Skeptical of GSEs Leaving Conservatorship</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[Obstacles like how to deal with the implicit guarantee and excessively high capital requirements make it unlikely that the GSEs will exit conservatorship under Trump, though the chances are higher than before his election.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/233305</guid>
      <pubDate>Thu, 30 Jan 2025 15:30:07 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/233305-downgrading-the-gses</link>
    </item>
    <item>
      <title>Uncertainty on Government Guarantee, GSE Ratings</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[The debate over how to end the conservatorships of Fannie Mae and Freddie Mac hinges on whether rating services would downgrade the GSEs if they exit without an explicit government guarantee.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/233271</guid>
      <pubDate>Thu, 23 Jan 2025 16:08:58 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/233271-the-implicit-explicit-guarantee-debate</link>
    </item>
    <item>
      <title>Momentum Builds for End of GSE Conservatorships</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[More and more industry insiders believe the Trump administration will attempt to release Fannie and Freddie from conservatorship.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/232860</guid>
      <pubDate>Thu, 05 Dec 2024 15:53:54 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/232860-momentum-builds-for-end-of-conservatorships</link>
    </item>
    <item>
      <title>Government Has Options for Boosting Non-Agency MBS</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[The non-agency market could gain from a reduction in GSE loan limits, revision in capital requirements for banks and updated requirements for publicly registered securitizations.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/231590</guid>
      <pubDate>Thu, 18 Jul 2024 16:46:09 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/231590-government-has-options-for-boosting-non-agency-mbs</link>
    </item>
    <item>
      <title>Reviving the Debate on Housing-Finance Reform</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[Mike Calhoun touts turning the GSEs into public utilities and using the government’s stake in them to address the homeownership gap.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/223867</guid>
      <pubDate>Thu, 24 Feb 2022 17:59:56 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/223867-reviving-the-debate-on-housing-finance-reform</link>
    </item>
    <item>
      <title>SCOTUS Ruling Upends Leadership at FHFA</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[The White House responded quickly to SCOTUS’ Wednesday ruling that the FHFA director can be fired at will. Within hours, Mark Calabria was shown the door and Sandra Thompson was appointed acting chief.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/221736</guid>
      <pubDate>Thu, 24 Jun 2021 16:00:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/221736-scotus-ruling-upends-leadership-at-fhfa</link>
    </item>
    <item>
      <title>One-on-One with Former Treasury Official Phillips on the GSEs</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[In an interview with <em>IM&A</em>, former Treasury official Craig Phillips says capitalize the GSEs and let them go.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/221597</guid>
      <pubDate>Thu, 10 Jun 2021 17:32:55 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/221597-craig-phillips-capitalize-the-gses-and-let-them-go</link>
    </item>
    <item>
      <title>MBS Prepayment Speeds Continue to Decline. However...</title>
      <author>pmuolo@imfpubs.com</author>
      <description>
        <![CDATA[Prepayment speeds are dropping on agency MBS but there could be choppy waters ahead on VA IRRRLs. For now, VA is staying quiet.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/221610</guid>
      <pubDate>Thu, 10 Jun 2021 17:18:06 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/221610-mbs-prepayment-speeds-continue-to-decline-however</link>
    </item>
    <item>
      <title>Experts Aren’t Buying Into Calabria’s Living Wills Idea</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[Analysts argue that resolutions plans for the GSEs are purely theoretical devices because the government will never let them fail.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/221410</guid>
      <pubDate>Thu, 20 May 2021 18:11:13 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/221410-comment-on-the-gses-living-wills-just-wont-die</link>
    </item>
    <item>
      <title>Not Happening: Fannie and Freddie Out of Conservatorship by Jan. 20</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[As the clock winds down on the Trump White House, the GSE regulator continues to pull levers. Just not the big one. Credit: Steve Mnuchin.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/220068</guid>
      <pubDate>Thu, 17 Dec 2020 15:00:00 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/220068-not-happening-fannie-and-freddie-out-of-conservatorship-by-jan-20</link>
    </item>
    <item>
      <title>Grapevine: Yellen, Phillips, Calabria and the GSEs...</title>
      <author>pmuolo@imfpubs.com</author>
      <description>
        <![CDATA[A new White House and a new Treasury secretary means exactly what for Fannie and Freddie? We’re about to find out...]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/219860</guid>
      <pubDate>Wed, 25 Nov 2020 10:10:00 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/219860-grapevine-yellen-phillips-calabria-and-the-gses</link>
    </item>
    <item>
      <title>GSEs’ Multifamily Businesses Head in Opposite Directions</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[It’s not clear why Freddie’s multifamily profits in the third quarter were more than doubled that of its sister company. Fannie’s g-fee was higher and its portfolio larger while Freddie’s MBS issuance spiked in comparison.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/219742</guid>
      <pubDate>Thu, 19 Nov 2020 15:17:00 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/219742-gses-multifamily-businesses-head-in-opposite-directions</link>
    </item>
    <item>
      <title>FHFA Getting Ready to Finalize GSE Capital Rule?</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[FHFA Director Mark Calabria hopes to finalize the GSE capital rule before yearend. But the proposal is so controversial that many industry watchers said it most likely won’t survive a change in administration.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/219471</guid>
      <pubDate>Thu, 15 Oct 2020 15:30:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/219471-calabria-touts-capital-rule-at-namb-conference</link>
    </item>
    <item>
      <title>FSOC Moves Forward with Secondary Market ‘Review’</title>
      <author>pmuolo@imfpubs.com</author>
      <description>
        <![CDATA[The Financial Stability Oversight Council wants to take a close look at the secondary mortgage market but isn’t letting on about its agenda. Maybe a “housing czar” will come out of this, some wonder. 
]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/218639</guid>
      <pubDate>Thu, 16 Jul 2020 14:00:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/218639-fsoc-moves-forward-with-secondary-market-review-meaning</link>
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