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    <title>Servicing</title>
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      <![CDATA[Description+goes+here]]>
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    <item>
      <title>Newrez Margins, Originations Increase in Fourth Quarter</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[The lender’s gain-on-sale margin increased from 1.14% in the third quarter to 1.50% in the fourth quarter, with a rise in originations to boot. Leaders at the company cautioned that some lenders are gaining market share at the expense of earnings.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/236861</guid>
      <pubDate>Fri, 06 Mar 2026 12:20:21 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/236861-newrez-increases-margins-originations-in-fourth-quarter</link>
    </item>
    <item>
      <title>UWM Faced Competition in Acquisition of Two Harbors</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[UWM first made an unsolicited bid for Two Harbors in December 2024. Three other companies subsequently made formal bids for Two Harbors, with UWM prevailing in December 2025.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/236696</guid>
      <pubDate>Fri, 20 Feb 2026 12:28:32 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/236696-uwm-faced-competition-in-effort-to-acquire-two-harbors</link>
    </item>
    <item>
      <title>Bank Servicing Declines in 4Q, MSR Fair Values Up</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[Servicing for others by banks declined by 0.6% during the fourth quarter of 2025. Meanwhile, the fair value of MSRs classified as serviced for others increased. (Includes data table.)]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/236728</guid>
      <pubDate>Fri, 20 Feb 2026 12:27:34 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/236728-bank-servicing-declines-in-4q-msr-fair-values-up</link>
    </item>
    <item>
      <title>Servicers Urged to Boost Efficiency as Foreclosures Rise</title>
      <author>jdohnert@imfpubs.com</author>
      <description>
        <![CDATA[Servicers should prepare for an increase in foreclosure activity among first-time borrowers and those with lower reserves.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/236729</guid>
      <pubDate>Fri, 20 Feb 2026 12:19:41 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/236729-servicers-urged-to-boost-efficiency-as-foreclosures-rise</link>
    </item>
    <item>
      <title>Grapevine: Onity Taps Tax Windfall; Loan Defects Increase</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[Onity takes $120.0 million deferred tax asset valuation allowance; income/employment defects rise; Sagent launches servicing platform; AI company rescinds link to Intercontinental Exchange.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/236737</guid>
      <pubDate>Fri, 20 Feb 2026 12:18:45 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/236737-grapevine-onity-taps-tax-windfall-loan-defects-increase</link>
    </item>
    <item>
      <title>Agency MSR Transfers Pick Up in Fourth Quarter of 2025</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[Setting aside Rocket Mortgage’s acquisition of Mr. Cooper Group, bulk MSR sales increased during the fourth quarter, including $58.25 billion of acquisitions by CrossCountry Mortgage. (Includes three data tables.)]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/236472</guid>
      <pubDate>Fri, 23 Jan 2026 14:20:34 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/236472-agency-msr-transfers-pick-up-in-fourth-quarter-of-2025</link>
    </item>
    <item>
      <title>Agency MBS Delinquency Rate Hits Level Seen in 2021</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[The total delinquency rate on loans in agency MBS reached 3.71% at the end of 2025. The last time delinquencies were at that level was early 2021 as the market was recovering from the impact of the pandemic. (Includes data table.)]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/236470</guid>
      <pubDate>Fri, 23 Jan 2026 14:18:35 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/236470-agency-mbs-delinquency-rate-hits-level-seen-in-2021</link>
    </item>
    <item>
      <title>Bank MSR Portfolios Shrink Slightly, Valuation Strong</title>
      <author>amalatinszky@imfpubs.com</author>
      <description>
        <![CDATA[FDIC-insured banks saw their MSR portfolios shrink 1.0% during the third quarter as their valuations remained broadly unchanged. Chase continued to be the top depository in terms of servicing for others. (Includes data table.)]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/235977</guid>
      <pubDate>Fri, 21 Nov 2025 12:16:00 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/235977-bank-msr-portfolios-shrink-slightly-as-valuations-remain-strong</link>
    </item>
    <item>
      <title>Servicers Supportive of Pennymac on MSR Accounting</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[Pennymac asked the Financial Accounting Standards Board to clarify accounting practices involving mortgage servicing rights and recapture assumptions. The effort has support from some major MSR buyers who are looking for a level playing field.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/235957</guid>
      <pubDate>Fri, 21 Nov 2025 12:15:44 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/235957-servicers-supportive-of-pennymac-on-msr-accounting</link>
    </item>
    <item>
      <title>Servicers Level Up Technology to Reach Younger Borrowers</title>
      <author>jdohnert@imfpubs.com</author>
      <description>
        <![CDATA[AI and self-service options are increasingly being used to help servicers communicate with younger homeowners.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/235846</guid>
      <pubDate>Fri, 07 Nov 2025 12:08:07 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/235846-servicers-level-up-technology-to-reach-younger-borrowers</link>
    </item>
    <item>
      <title>Grapevine: Rithm Keeping Newrez; Robinhood, Sage Partner</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[Rithm puts off potential spin-off of Newrez; Robinhood partners with Sage Home Loans for mortgage perks; AngelAi touts valuation; Bilt to allow mortgage payments via Venmo; PartnerOne to acquire Mortgage Cadence.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/235843</guid>
      <pubDate>Fri, 07 Nov 2025 12:00:00 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/235843-grapevine-rithm-keeping-newrez-for-now-robinhood-and-sage-cement-partnership</link>
    </item>
    <item>
      <title>Bulk Agency MSR Transfers Soar in 3Q, Coissuance Up</title>
      <author>jbancroft@imfpubs.com</author>
      <description>
        <![CDATA[Some 36% of the third quarter’s $140.5 billion of bulk MSR transactions came from two big acquisitions by Lakeview Loan Servicing and Freedom Mortgage. UWM and AmeriHome were the respective sellers.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/235698</guid>
      <pubDate>Fri, 24 Oct 2025 12:10:52 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/235698-bulk-agency-msr-transfers-soar-in-3q25-coissuance-up</link>
    </item>
    <item>
      <title>Delinquencies Rising at Faster Pace for FHA, VA</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[The delinquency rate on loans in Ginnie Mae MBS increased at a much faster pace than that on loans in GSE MBS, with the total delinquency rate for FHA mortgages hitting 10.90% at the end of September.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/235722</guid>
      <pubDate>Fri, 24 Oct 2025 12:06:58 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/235722-delinquencies-rising-at-faster-pace-for-fha-va</link>
    </item>
    <item>
      <title>Payment-to-Income Ratios an Early Indicator of Mortgage Defaults</title>
      <author>jdohnert@imfpubs.com</author>
      <description>
        <![CDATA[Rising PTI ratios for credit cards, home equity lines of credit and student loans were most positively correlated with future mortgage delinquencies, according to new research from TransUnion.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/235330</guid>
      <pubDate>Fri, 12 Sep 2025 12:01:50 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/235330-payment-to-income-ratios-an-early-indicator-of-mortgage-defaults</link>
    </item>
    <item>
      <title>Banks Boost Servicing for Others; Valuations Down</title>
      <author>nbhatia@imfpubs.com</author>
      <description>
        <![CDATA[The amount of loans banks and thrifts serviced for others inched up in the second quarter of 2025 but the fair value of their MSRs declined. (Includes data table.)]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/235218</guid>
      <pubDate>Fri, 29 Aug 2025 13:50:02 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/235218-banks-boost-servicing-for-others-valuations-down</link>
    </item>
    <item>
      <title>MISMO Launches Confidence Score Standard for AVMs</title>
      <author>jdohnert@imfpubs.com</author>
      <description>
        <![CDATA[The new standard comes ahead of the Oct. 1 effective date for quality control standards that federal regulators announced last year.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/235208</guid>
      <pubDate>Fri, 29 Aug 2025 13:44:07 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/235208-mismo-launches-common-confidence-score-standard-for-avms</link>
    </item>
    <item>
      <title>Ishbia Sets High Expectations for UWM Partnership With Bilt</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[Bilt is a payments platform that offers rewards to consumers. The company recently received a $100 million investment from United Wholesale Mortgage at a valuation of $10.75 billion.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/235074</guid>
      <pubDate>Fri, 15 Aug 2025 11:37:57 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/235074-ishbia-sets-high-expectations-for-uwm-partnership-with-bilt</link>
    </item>
    <item>
      <title>Rocket Working Toward ‘Refi Button’ Amid Acquisitions</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[Rocket Mortgage is leaning on artificial intelligence to improve lending efficiency. The nonbank is wrapping up its acquisition of Mr. Cooper and already seeing benefits from its acquisition of Redfin.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/234966</guid>
      <pubDate>Fri, 01 Aug 2025 11:16:56 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/234966-rocket-working-toward-refi-button-amid-acquisitions</link>
    </item>
    <item>
      <title>Grapevine: Rate Outlook; Slower Home Price Appreciation</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[Mortgage rates aren’t expected to move down much even if the Fed cuts interest rates next month; GSE economists slash projections for home price appreciation; ICE integrates origination and servicing platforms to originate home equity loans; majority of homeowners feeling financially stressed.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/234964</guid>
      <pubDate>Fri, 01 Aug 2025 11:10:03 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/234964-grapevine-interest-rate-outlook-fannie-projects-slower-home-price-appreciation</link>
    </item>
    <item>
      <title>Agency MSR Transfers Slow as High-Coupon Sales Drop</title>
      <author>jbancroft@imfpubs.com</author>
      <description>
        <![CDATA[Bulk transfers of agency MSR declined in the second quarter, partly due to reduced demand for higher-coupon portfolios. While coissuance volume was up, it failed to match the gains in agency securitization of lightly seasoned mortgages. (Includes three data tables.)]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/234829</guid>
      <pubDate>Fri, 18 Jul 2025 12:12:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/234829-agency-msr-transfers-slow-as-high-coupon-sales-drop</link>
    </item>
    <item>
      <title>Agency MBS Delinquency Rates Rise in Second Quarter</title>
      <author>nbhatia@imfpubs.com</author>
      <description>
        <![CDATA[While early-payment delinquency rates showed increases, the rate for loans 120 days or more late declined. Across all three agencies, overall 3.32% of mortgages were past due. (Includes data table.)]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/234839</guid>
      <pubDate>Fri, 18 Jul 2025 12:08:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/234839-agency-mbs-delinquency-rates-rise-in-second-quarter</link>
    </item>
    <item>
      <title>Sagging Home Prices Threaten Some Mortgage Markets</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[Declining equity and surging escrow payments may be a precursor to market stress in some parts of the country, analysts say.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/234822</guid>
      <pubDate>Fri, 18 Jul 2025 12:06:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/234822-sagging-home-prices-threaten-some-mortgage-markets</link>
    </item>
    <item>
      <title>First Quarter Yields Mixed Bag of Lower Mortgage Profits</title>
      <author>jbancroft@imfpubs.com</author>
      <description>
        <![CDATA[Income from production and servicing fell in the first quarter, but not by as much as origination volume. The MBA reported fewer firms were profitable than in the previous period. (Includes data tables.)]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/234458</guid>
      <pubDate>Fri, 06 Jun 2025 11:41:57 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/234458-1q25-yields-mixed-bag-of-lower-mortgage-profits</link>
    </item>
    <item>
      <title>Bank Servicing for Others Continues to Dwindle</title>
      <author>nbhatia@imfpubs.com</author>
      <description>
        <![CDATA[The amount of mortgage servicing handled by banks and savings institutions for other investors continued to shrink in the early months of 2025. (Includes data table.)]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/234352</guid>
      <pubDate>Fri, 23 May 2025 11:50:28 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/234352-banks-servicing-for-others-continues-to-dwindle-in-1q25</link>
    </item>
    <item>
      <title>Servicing Drags Down Income at PennyMac, Mr. Cooper</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[The nonbanks took negative marks on their large holdings of mortgage servicing rights as hedges didn’t fully offset a decline in interest rates on mortgages during the first quarter.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/234104</guid>
      <pubDate>Fri, 25 Apr 2025 12:30:13 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/234104-servicing-drags-down-income-at-pennymac-mr-cooper</link>
    </item>
    <item>
      <title>MSR Sales Slow in 1Q, Onslow Bay Tops Buyers</title>
      <author>jbancroft@imfpubs.com</author>
      <description>
        <![CDATA[While several top buyers of bulk MSR focused on high-coupon servicing from which they can harvest refinance business, the first quarter’s top buyer was mostly interested in prepay-protected lower-rate MSR. (Includes three data tables.)]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/233989</guid>
      <pubDate>Fri, 11 Apr 2025 13:08:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/233989-msr-sales-slowed-in-1q25-onslow-bay-was-top-buyer</link>
    </item>
    <item>
      <title>Delinquency Rate on Agency MBS Down in First Quarter</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[In a seasonal trend seen each of the past five years, the delinquency rate declined on securitized government-sponsored enterprise loans, FHA mortgages and Department of Veterans Affairs home loans. (Includes data table.)]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/233980</guid>
      <pubDate>Fri, 11 Apr 2025 13:06:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/233980-delinquency-rate-on-agency-mbs-down-in-first-quarter</link>
    </item>
    <item>
      <title>Rocket’s Leverage Expected to Increase With Mr. Cooper</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[Fitch Ratings warned that it could downgrade its corporate rating on Rocket following the company’s planned acquisition of Mr. Cooper. Rocket’s corporate leverage looks poised to increase.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/233994</guid>
      <pubDate>Fri, 11 Apr 2025 13:04:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/233994-rockets-leverage-expected-to-increase-with-mr-cooper</link>
    </item>
    <item>
      <title>Chase Receives Strong Marks as Servicer</title>
      <author>jdohnert@imfpubs.com</author>
      <description>
        <![CDATA[Among servicers assessed by Fitch, Chase has one of the highest ratings.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/233857</guid>
      <pubDate>Fri, 28 Mar 2025 12:48:44 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/233857-chase-receive-strong-marks-as-mbs-servicer</link>
    </item>
    <item>
      <title>Grapevine: Recession Risk Rising; New Income/Employment Tools</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[MBA increases odds of a recession within next 12 months; new tools to verify employment, income; downpayment size increases in 2024; new proposals from MISMO; lender raises funds; Cardinal offers processing for brokers; new hire at Nationwide Mortgage Bankers.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/233860</guid>
      <pubDate>Fri, 28 Mar 2025 12:44:46 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/233860-grapevine-recession-risk-rising-new-income-employment-tools</link>
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