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    <title>Portfolios</title>
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    <item>
      <title>First-Lien Holdings at Banks Continue to Rise in 4Q</title>
      <author>azimmardi@imfpubs.com</author>
      <description>
        <![CDATA[Holdings of first-lien mortgages at commercial banks and savings institutions increased just 0.3% from the end of the third quarter to the fourth. All of the increase was driven by a 14.6% jump in holding of adjustable-rate mortgages. (Includes data table.)]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/236796</guid>
      <pubDate>Fri, 27 Feb 2026 13:40:53 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/236796-first-lien-holdings-at-banks-and-thrifts-continue-to-rise-in-4q</link>
    </item>
    <item>
      <title>Bank Mortgage Holdings Continue to Expand in Third Quarter</title>
      <author>azimmardi@imfpubs.com</author>
      <description>
        <![CDATA[Holdings of first-lien residential mortgages at banks and thrifts slightly increased by 0.4% during the third quarter of 2025. But two of the four largest players in the market reduced their holdings.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/236182</guid>
      <pubDate>Fri, 02 Jan 2026 11:25:14 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/236182-bank-mortgage-holdings-continue-increasing-in-third-quarter</link>
    </item>
    <item>
      <title>Banks Resume Adding to First-Lien Holdings in 2Q</title>
      <author>azimmardi@imfpubs.com</author>
      <description>
        <![CDATA[Banks and thrifts increased their holdings of first-lien mortgages by 0.7% during the second quarter of 2025 compared to the end of March. (Includes data table.)]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/235121</guid>
      <pubDate>Fri, 22 Aug 2025 13:09:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/235121-banks-resume-adding-to-first-lien-holdings-in-2q</link>
    </item>
    <item>
      <title>Bank Mortgage Holdings Tad Down in First Quarter</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[Banks and thrifts have largely added to their overall holdings of residential first liens each quarter dating back to 2021. The decline seen in the first quarter of 2025 included a sharp drop in ARMs. (Includes data table.)]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/234545</guid>
      <pubDate>Fri, 13 Jun 2025 15:53:58 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/234545-bank-mortgage-holdings-decline-slightly-in-first-quarter</link>
    </item>
    <item>
      <title>Commercial Loan Tech Popular for Servicing Alt Products</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[Debt service coverage ratio mortgages, residential transition loans and other alternative products include some unique features that can’t necessarily be handled well by servicing systems for standard residential mortgages.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/234289</guid>
      <pubDate>Fri, 16 May 2025 15:04:53 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/234289-commercial-loan-tech-popular-for-servicing-alt-products</link>
    </item>
    <item>
      <title>Manifest Eyes Tokenization for HEIs</title>
      <author>jdohnert@imfpubs.com</author>
      <description>
        <![CDATA[The company recently received pre-seed funding to launch a stablecoin, $USH, that will be pegged to its portfolio of home equity investments.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/233927</guid>
      <pubDate>Fri, 04 Apr 2025 14:29:48 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/233927-manifest-eyes-tokenization-for-heis</link>
    </item>
    <item>
      <title>First-Lien Holdings at Banks Edge Up in Fourth Quarter</title>
      <author>jdohnert@imfpubs.com</author>
      <description>
        <![CDATA[While first-lien mortgage holdings at banks grew only slightly during the fourth quarter, the mix included more adjustable-rate mortgages than in recent quarters. (Includes data table.)]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/233531</guid>
      <pubDate>Fri, 21 Feb 2025 13:35:04 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/233531-first-lien-holdings-at-banks-stay-flat-in-4q</link>
    </item>
    <item>
      <title>NYMT Boosts BPL Portfolio in 2024</title>
      <author>jdohnert@imfpubs.com</author>
      <description>
        <![CDATA[The firm has been restructuring its portfolio since 2022 with the goal of producing “durable” earnings.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/233525</guid>
      <pubDate>Fri, 21 Feb 2025 13:30:10 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/233525-nymt-boosts-bpl-portfolio-in-2024</link>
    </item>
    <item>
      <title>ARM Origination Growth Slows in 3Q</title>
      <author>jdohnert@imfpubs.com</author>
      <description>
        <![CDATA[After explosive growth in the second quarter, originations of adjustable-rate mortgages failed to keep pace with overall originations. (Includes data table.)]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/232999</guid>
      <pubDate>Fri, 20 Dec 2024 12:15:45 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/232999-arm-origination-growth-slows-in-3q</link>
    </item>
    <item>
      <title>First-Lien Holdings at Banks and Thrifts Rise Slightly</title>
      <author>jdohnert@imfpubs.com</author>
      <description>
        <![CDATA[Even with shrinking holdings at the three largest depositories, bank and thrift holdings of first-lien mortgages ticked up during the third quarter. (Includes data table.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/232864</guid>
      <pubDate>Fri, 06 Dec 2024 13:15:20 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/232864-first-lien-holdings-at-banks-and-thrifts-rise-slightly-in-3q</link>
    </item>
    <item>
      <title>Angelo Gordon REIT Eyes Strategy Shift Toward HELs</title>
      <author>jdohnert@imfpubs.com</author>
      <description>
        <![CDATA[AGMIT is pulling back from aggregating agency-eligible investor loans and putting a focus on home equity lending programs.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/232609</guid>
      <pubDate>Fri, 08 Nov 2024 14:49:12 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/232609-angelo-gordon-reit-eyes-strategy-shift-towards-hels</link>
    </item>
    <item>
      <title>Life Insurance Companies Turn to Non-QM Investments</title>
      <author>jdohnert@imfpubs.com</author>
      <description>
        <![CDATA[Life insurance companies are increasingly looking to expand their capital allocation in non-qualified mortgage investments, according to Angel Oak Capital.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/232224</guid>
      <pubDate>Fri, 27 Sep 2024 14:24:35 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/232224-life-insurers-turn-to-non-qm-investments</link>
    </item>
    <item>
      <title>First-Lien Holdings at Banks and Thrifts Rise in Second Quarter</title>
      <author>jdohnert@imfpubs.com</author>
      <description>
        <![CDATA[Banks and thrifts grew their first-lien portfolios from March to June despite a decline in portfolio sizes of some of the largest depositories. (Includes data table.)]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/232061</guid>
      <pubDate>Fri, 13 Sep 2024 11:31:20 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/232061-first-lien-holdings-at-banks-and-thrifts-rise-in-2q</link>
    </item>
    <item>
      <title>Annaly Posts Loss, Shrinks Non-Agency Portfolio in Second Quarter</title>
      <author>jdohnert@imfpubs.com</author>
      <description>
        <![CDATA[Sticky inflation and an expectation for future rate cuts caused the REIT to decrease its non-agency loan holdings in the second quarter.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/231708</guid>
      <pubDate>Fri, 02 Aug 2024 15:07:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/231708-annaly-posts-losses-shrinks-non-agency-portfolio-in-2q</link>
    </item>
    <item>
      <title>Bank Mortgage Holdings Level in First Quarter</title>
      <author>jdohnert@imfpubs.com</author>
      <description>
        <![CDATA[Banks and thrifts held $2.52 trillion of first liens in portfolio as of the end of the first quarter, unchanged from year-end.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/231237</guid>
      <pubDate>Fri, 07 Jun 2024 13:21:20 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/231237-bank-mortgage-holdings-stay-flat-in-first-quarter</link>
    </item>
    <item>
      <title>Jumbo Mortgage Servicing Portfolios Flat in 1Q</title>
      <author>jdohnert@imfpubs.com</author>
      <description>
        <![CDATA[Despite slight declines in portfolios among the top jumbo servicers, servicing volume for the jumbo market stayed relatively flat from the fourth to the first quarter. (Includes data table.)]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/231118</guid>
      <pubDate>Fri, 24 May 2024 10:56:19 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/231118-jumbo-mortgage-servicing-portfolios-stay-flat-in-1q</link>
    </item>
    <item>
      <title>Non-Agency MBS Volume Up in First Quarter</title>
      <author>jdohnert@imfpubs.com</author>
      <description>
        <![CDATA[Both the prime jumbo non-agency MBS market and the expanded-credit sector posted sequential increases in issuance in the first quarter. (Includes data tables.)]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/230721</guid>
      <pubDate>Fri, 12 Apr 2024 16:21:18 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/230721-non-agency-mbs-volume-up-in-1q-both-prime-and-ecm</link>
    </item>
    <item>
      <title>AAM Signals End of Mortgage Business Following 2023 Losses</title>
      <author>jdohnert@imfpubs.com</author>
      <description>
        <![CDATA[William Erbey was named new CEO of AAM late last year and is guiding the company away from non-agency conduit activities to focus on EV technologies.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/230712</guid>
      <pubDate>Fri, 12 Apr 2024 16:16:25 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/230712-aam-signals-end-of-mortgage-business-following-2023-losses</link>
    </item>
    <item>
      <title>Sachem Capital Sees Shrinking Profits Due to High Rates</title>
      <author>jdohnert@imfpubs.com</author>
      <description>
        <![CDATA[Higher interest rates and tighter lending standards led to a decline in income at the business-purpose lender.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/230693</guid>
      <pubDate>Fri, 12 Apr 2024 16:15:27 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/230693-sachem-capital-sees-shrinking-revenue-due-to-high-rates</link>
    </item>
    <item>
      <title>Bank Mortgage Holdings Tick Up in Fourth Quarter</title>
      <author>jdohnert@imfpubs.com</author>
      <description>
        <![CDATA[Mortgage holdings at banks increased last year despite mixed results at the largest depositories, including a decline at Wells Fargo. The ARM share also increased somewhat. (Includes data table.)]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/230578</guid>
      <pubDate>Fri, 29 Mar 2024 13:08:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/230578-bank-mortgage-holdings-tick-up-in-fourth-quarter</link>
    </item>
    <item>
      <title>Redwood Turns Attention to Joint Ventures</title>
      <author>jdohnert@imfpubs.com</author>
      <description>
        <![CDATA[Redwood Trust touted a new partnership with the Canada Pension Plan Investment Board as one of the first steps to increasing its activity in joint ventures.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/230602</guid>
      <pubDate>Fri, 29 Mar 2024 13:06:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/230602-redwood-turns-attention-to-joint-ventures</link>
    </item>
    <item>
      <title>Annaly Looks to Increase Non-Agency Investments</title>
      <author>jdohnert@imfpubs.com</author>
      <description>
        <![CDATA[After reporting losses in its agency portfolio in the fourth quarter, Annaly plans to boost its non-agency loan volume.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/230201</guid>
      <pubDate>Fri, 16 Feb 2024 14:57:15 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/230201-annaly-looks-to-increase-non-agency-investments-in-2024</link>
    </item>
    <item>
      <title>Banks Likely to Sell Jumbos at a Discount</title>
      <author>jdohnert@imfpubs.com</author>
      <description>
        <![CDATA[Liquidity challenges over the past year are expected to cause banks to sell jumbo loans to aggregators at a discount this year.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/230098</guid>
      <pubDate>Fri, 02 Feb 2024 14:54:10 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/230098-banks-expected-to-continue-to-sell-jumbos-at-a-discount</link>
    </item>
    <item>
      <title>Banks/Thrifts Add to Mortgage Portfolios in Third Quarter</title>
      <author>jdohnert@imfpubs.com</author>
      <description>
        <![CDATA[First-lien mortgage portfolio holdings at banks and thrifts increased by 0.8% from June to September. (Includes data table.)]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/229711</guid>
      <pubDate>Fri, 15 Dec 2023 15:37:39 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/229711-banks-thrifts-add-to-mortgage-portfolios-in-3q</link>
    </item>
    <item>
      <title>Portfolio Lending Can Help Regional Banks Compete</title>
      <author>jdohnert@imfpubs.com</author>
      <description>
        <![CDATA[Regional banks with strong local branch networks can price their loans at higher interest rates compared to national lenders that securitize their originations, according to a new research paper.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/229603</guid>
      <pubDate>Fri, 01 Dec 2023 16:23:46 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/229603-portfolio-lending-can-help-regional-banks-compete-with-non-bank-lenders</link>
    </item>
    <item>
      <title>Non-Agency Mortgages a Bright Spot for Annaly</title>
      <author>jdohnert@imfpubs.com</author>
      <description>
        <![CDATA[Despite reporting a loss in the third quarter, Annaly Capital Management saw gains in its non-agency correspondent business.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/229330</guid>
      <pubDate>Fri, 03 Nov 2023 15:24:51 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/229330-non-agency-mortgages-a-bright-spot-for-annaly-in-3q</link>
    </item>
    <item>
      <title>Bank Capital Rule Could Limit Non-Agency Lending</title>
      <author>jdohnert@imfpubs.com</author>
      <description>
        <![CDATA[Proposed capital requirements for large banks would have an impact on high loan-to-value loans to borrowers in underserved communities, according to an analysis by the Urban Institute.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/229092</guid>
      <pubDate>Fri, 06 Oct 2023 14:45:27 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/229092-bank-capital-rule-would-have-outsized-impact-on-high-ltv-loans</link>
    </item>
    <item>
      <title>M&amp;A Shuffles First-Lien Holdings Ranking</title>
      <author>jdohnert@imfpubs.com</author>
      <description>
        <![CDATA[Helped by its acquisition of First Republic Bank, JPMorgan Chase overtook Wells Fargo to have the largest first-lien portfolio among banks and thrifts in the second quarter. (Includes data chart.)]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/228935</guid>
      <pubDate>Fri, 22 Sep 2023 15:20:19 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/228935-m-and-a-reshuffles-first-lien-holdings-rankings-among-banks</link>
    </item>
    <item>
      <title>MFA Posts Loss in 2Q Due to Portfolio Markdown</title>
      <author>jdohnert@imfpubs.com</author>
      <description>
        <![CDATA[MFA Financial reported a loss in the second quarter of 2023 even though the REIT saw strong growth in business-purpose lending.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/228560</guid>
      <pubDate>Fri, 11 Aug 2023 14:15:21 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/228560-rate-volatility-stings-mfa-for-second-quarter-loss</link>
    </item>
    <item>
      <title>AGMIT Profit Shrinks in 2Q; REIT Set to Acquire WAMC</title>
      <author>jdohnert@imfpubs.com</author>
      <description>
        <![CDATA[On completion of the merger, AGMIT and WAMC will have a combined investment portfolio of $5.7 billion, largely made up of non-agency mortgages.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/228559</guid>
      <pubDate>Fri, 11 Aug 2023 14:14:22 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/228559-agmit-stays-silent-on-wamc-merger-talks-during-q2-earnings-call</link>
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