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    <title>Risk Transfer</title>
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      <![CDATA[Description+goes+here]]>
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    <link>https://www.insidemortgagefinance.com/rss</link>
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    <item>
      <title>Bank Capital Reforms Could Limit Supply of MBS</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[The revised proposals would reduce capital requirements for banks, both for MBS holdings and whole loans in portfolio. The change would provide incentives for banks to retain more originations in portfolio.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/237023</guid>
      <pubDate>Thu, 26 Mar 2026 17:00:13 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/237023-bank-capital-reforms-could-limit-supply-of-mbs</link>
    </item>
    <item>
      <title>U.S. Bank Offers CRT Tied to Loans for RVs, Boats</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[The $562.5 million offering is linked to a pool of loans with a total unpaid principal balance of $5.0 billion.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/236923</guid>
      <pubDate>Thu, 12 Mar 2026 16:29:45 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/236923-us-bank-offers-crt-tied-to-loans-for-rvs-boats</link>
    </item>
    <item>
      <title>CRT Continues to Sputter at the GSEs in Fourth Quarter</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[Credit-risk transfer activities at the GSEs — including both CAS/STACR note issuance and CIRT/ACIS reinsurance purchases — reached some of the lowest levels since the programs were founded in 2013. (Includes data table.)]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/236781</guid>
      <pubDate>Thu, 26 Feb 2026 16:44:53 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/236781-crt-continues-to-sputter-at-the-gses</link>
    </item>
    <item>
      <title>Bank Regulators Consider CRT Risks, Disclosures</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[As bank issuance of CRT deals increase, additional regulations and disclosure requirements are under consideration.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/236763</guid>
      <pubDate>Thu, 26 Feb 2026 16:41:00 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/236763-bank-regulators-consider-crt-risks-disclosures</link>
    </item>
    <item>
      <title>Grapevine: Ledn Issues Bitcoin-Loan ABS; Fire at SFVegas Venue</title>
      <author>jdohnert@imfpubs.com</author>
      <description>
        <![CDATA[Ledn issues ABS backed by Bitcoin loans; fire at SFVegas prompts shift in exhibit hall; banks seek enhanced capital relief for CRTs; Fitch launches group for private ratings; Upstart sells auto loans to Bayview.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/236792</guid>
      <pubDate>Thu, 26 Feb 2026 16:39:04 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/236792-grapevine-ledn-issues-bitcoin-loan-abs-fire-in-exhibit-hall-at-sfvegas</link>
    </item>
    <item>
      <title>GSEs Price CRT Transactions ‘Fairly,’ Researchers Find</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[Columbia University researchers dispute the conventional wisdom that says Fannie Mae and Freddie Mac dramatically overpay CRT investors.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/236443</guid>
      <pubDate>Thu, 22 Jan 2026 15:43:55 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/236443-gses-price-crt-fairly</link>
    </item>
    <item>
      <title>CFTC Provides No-Action Letter Tied to Bank CRT</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[CFTC Provides No-Action Letter Tied to Bank CRTThe move reduces some regulatory ambiguity for banks that issue certain credit-risk transfer transactions.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/236065</guid>
      <pubDate>Thu, 04 Dec 2025 16:34:57 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/236065-cftc-provides-no-action-letter-tied-to-bank-crt</link>
    </item>
    <item>
      <title>GSEs Slash CRT Activities in Third Quarter</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[Fannie’s CAS and CIRT volumes fell sharply in the third quarter. Freddie STACR issuance was up from a weak second quarter, but ACIS volume was down 56.2%. (Includes data table.)]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/235896</guid>
      <pubDate>Thu, 13 Nov 2025 16:16:32 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/235896-gses-slash-crt-activities</link>
    </item>
    <item>
      <title>Subprime Auto ABS Investors Scrutinize Performance</title>
      <author>jdohnert@imfpubs.com</author>
      <description>
        <![CDATA[Rising delinquencies on auto loans and recent bankruptcy filings by subprime auto lenders may have spooked some ABS investors.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/235766</guid>
      <pubDate>Thu, 30 Oct 2025 16:25:16 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/235766-rising-auto-loan-dqs-generate-growing-risk-concerns-for-investors</link>
    </item>
    <item>
      <title>Using CRT Data to Evaluate Credit Score Models</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[Researchers at S&P Global used the difference between Classic FICO scores and the scores of VantageScore 4.0 to assess the impact of trended data.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/235684</guid>
      <pubDate>Thu, 23 Oct 2025 16:03:03 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/235684-using-crt-data-to-evaluate-credit-score-models</link>
    </item>
    <item>
      <title>Rising Property Insurance Costs Unlikely to Impact MBS Investors</title>
      <author>jdohnert@imfpubs.com</author>
      <description>
        <![CDATA[Low debt-to-income ratio levels and pool diversification should protect residential MBS investors from losses due to rising premiums for property insurance, according to Moody’s Ratings.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/235639</guid>
      <pubDate>Thu, 16 Oct 2025 17:26:25 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/235639-rising-property-insurance-costs-unlikely-to-impact-mbs-investors</link>
    </item>
    <item>
      <title>U.S. Banks Increase Use of Synthetic-Risk Transfers</title>
      <author>jdohnert@imfpubs.com</author>
      <description>
        <![CDATA[Federal Reserve guidance issued in 2023 has opened up depositories to issue more synthetic-risk transfer securitizations in a market that was historically dominated by European banks.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/235576</guid>
      <pubDate>Thu, 09 Oct 2025 17:09:51 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/235576-us-banks-eye-srt-securitizations-for-capital-relief</link>
    </item>
    <item>
      <title>GSE CRT Issuance Ebbs in Second Quarter</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[Credit-risk transfer activities at Fannie Mae and Freddie Mac wobbled in the second quarter after a modest increase in the first three months of 2025. Issuance fell for STACRs but not for CAS notes. (Includes data table.)]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/235127</guid>
      <pubDate>Thu, 21 Aug 2025 14:38:42 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/235127-gses-crt-issuance-ebbs-in-second-quarter</link>
    </item>
    <item>
      <title>PowerPay Turns to Nearwater for Risk-Retention Financing</title>
      <author>jdohnert@imfpubs.com</author>
      <description>
        <![CDATA[The partnership adds to the growing number of issuers who are working with third parties to offset capital requirements for risk retention.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/235150</guid>
      <pubDate>Thu, 21 Aug 2025 14:37:44 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/235150-powerpay-nearwater-capital-team-on-risk-retention-financing</link>
    </item>
    <item>
      <title>Multifamily CRT Deal From Freddie Receives Ratings</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[To this point, Freddie has issued multifamily risk-sharing transactions without ratings. The Morningstar DBRS rating could open these multifamily CRT deals to institutions that only invest in rated transactions.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/234761</guid>
      <pubDate>Thu, 10 Jul 2025 16:39:08 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/234761-freddies-first-rated-mscr-deal</link>
    </item>
    <item>
      <title>Fannie Partners With Bayview on CRT Transaction</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[Fannie will take the first losses on the transaction, with additional losses borne by Bayview and investors in the deal. That’s a change from the typical CRT from Fannie where a third-party like Bayview isn’t involved.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/234596</guid>
      <pubDate>Fri, 20 Jun 2025 09:21:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/234596-fannie-partners-with-bayview-for-unique-crt-transaction</link>
    </item>
    <item>
      <title>Grapevine: Non-Agency Servicers Eye Advance Standard; Bank CRT</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[Stop-advance standard for non-agency MBS under consideration; EJF Capital works with Third Coast Bank on another CRT; MISMO proposes standards for electronic HELOCs.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/234476</guid>
      <pubDate>Thu, 05 Jun 2025 16:33:40 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/234476-grapevine-non-agency-servicers-ponder-advance-standard-bank-crt</link>
    </item>
    <item>
      <title>Credit-Risk Transfers Pick Up at GSEs</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[Fannie Mae and Freddie Mac both saw a significant increase in CRT issuance in the first quarter. Fannie also boosted credit-risk insurance purchases, but ACIS purchases were down at Freddie. (Includes data table.)]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/234321</guid>
      <pubDate>Thu, 22 May 2025 16:06:18 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/234321-credit-risk-transfers-pick-up-at-gses</link>
    </item>
    <item>
      <title>Bank Usage of CRT Limited to This Point</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[A survey by Moody’s found that a relatively small share of banks have issued credit-risk transfer deals in recent years.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/234276</guid>
      <pubDate>Thu, 15 May 2025 16:14:26 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/234276-us-bank-usage-of-crt-limited-to-this-point</link>
    </item>
    <item>
      <title>Smaller Texas Bank Completes Commercial Loan CRT</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[Only a handful of banks with less than $25 billion in assets have completed CRT transactions.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/233946</guid>
      <pubDate>Thu, 10 Apr 2025 16:36:26 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/233946-smaller-texas-bank-completes-commercial-loan-crt</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>Bank Issuance of CRT Deals Expected to Increase</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[Public disclosure of credit-risk transfer issuance by banks is limited, but investor demand looks strong and activity is likely to increase.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/233626</guid>
      <pubDate>Thu, 06 Mar 2025 16:05:05 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/233626-bank-issuance-of-crt-deals-expected-to-increase</link>
    </item>
    <item>
      <title>Pulte Supports the GSEs’ CRT Programs</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[Trump’s nominee to head FHFA didn’t do anything to embarrass himself at his confirmation hearing this week, but he also didn’t demonstrate a deep understanding of housing finance.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/233592</guid>
      <pubDate>Thu, 27 Feb 2025 16:47:33 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/233592-pulte-supports-the-gses-crt-programs</link>
    </item>
    <item>
      <title>GSE Earnings: Multifamily Gains at Freddie </title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[Freddie Mac’s superior performance in 2024 was largely due to higher profits in its multifamily business.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/233521</guid>
      <pubDate>Thu, 20 Feb 2025 16:56:48 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/233521-gse-2024-earnings-by-business-segment</link>
    </item>
    <item>
      <title>GSE CRT Activity Tanks in Fourth Quarter</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[Combined issuance of Fannie Mae CAS and Freddie Mac STACRs came to $8.31 billion in 2024 — the lowest total since 2013, the year GSE CRT activity started. (Includes data table.)]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/233392</guid>
      <pubDate>Thu, 06 Feb 2025 16:28:43 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/233392-crt-activity-tanks-in-4q</link>
    </item>
    <item>
      <title>Freddie’s CRT Issuance Likely Steady in 2025</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[STACR and ACIS activity in 2025 is expected to be similar to 2024, or slightly higher, due to a larger pipeline of loans eligible for inclusion in CRT. ]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/233400</guid>
      <pubDate>Thu, 06 Feb 2025 16:26:47 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/233400-freddie-outlines-crt-prospects-for-2025</link>
    </item>
    <item>
      <title>A-1 Tranche in GSE CRT Benefits Investors and GSEs</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[The new bonds help the GSEs reduce the amount of capital they must set aside under the enterprise regulatory capital framework.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/233049</guid>
      <pubDate>Thu, 02 Jan 2025 14:48:56 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/233049-new-a-1-class-benefits-investors-and-gses</link>
    </item>
    <item>
      <title>Banks Eye Asset-Backed Finance Partnerships</title>
      <author>jdohnert@imfpubs.com</author>
      <description>
        <![CDATA[Officials at Rithm Capital believe that regulatory uncertainty will lead banks to sell more assets through asset-based finance structures, turning to asset managers like Rithm.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/232927</guid>
      <pubDate>Thu, 12 Dec 2024 15:48:28 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/232927-banks-eye-abf-partnerships-amid-regulatory-concerns</link>
    </item>
    <item>
      <title>Promising Outlook for CRT Issuance by Banks </title>
      <author>sclark@imfpubs.com</author>
      <description>
        <![CDATA[Investor interest in bank credit-risk transactions is expected to grow even if the transactions face regulatory challenges.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/232748</guid>
      <pubDate>Thu, 21 Nov 2024 16:29:53 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/232748-bank-crts-up-for-regulatory-challenges-but-outlook-appears-promising</link>
    </item>
    <item>
      <title>GSE CRT Up Modestly, Investors Show Strong Demand</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[Spreads on GSE CRT issuance are close to all-time tights, with strong demand from money managers, hedge funds and insurance companies. (Includes data table.)]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/232654</guid>
      <pubDate>Thu, 14 Nov 2024 17:33:53 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/232654-crt-activity-at-the-gses-remains-anemic</link>
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