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    <title>Inside MBS &amp; ABS</title>
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    <item>
      <title>Kroll Stays Ahead in MBS, Fitch Gains Ground in ABS</title>
      <author>jbancroft@imfpubs.com</author>
      <description>
        <![CDATA[S&P was the top ABS rating service in the fourth quarter and finished narrowly behind Fitch for all of 2025. Kroll held the top spot in MBS ratings for the year despite a strong challenge from Fitch. (Includes two data tables.)]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/237022</guid>
      <pubDate>Thu, 26 Mar 2026 17:02:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/237022-kroll-stays-ahead-in-mbs-fitch-gains-ground-in-abs</link>
    </item>
    <item>
      <title>GSEs Likely Beefing Up MBS Purchases to Quell Volatility </title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[Market participants say the surge in GSE purchases is part of the Trump administration’s effort to reduce mortgage rates and spreads.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/237059</guid>
      <pubDate>Thu, 26 Mar 2026 17:01:12 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/237059-gses-beef-up-mbs-purchases-amid-war-related-market-turmoil</link>
    </item>
    <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>Residential Mortgage Securitization Rate Steady in 2025</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[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.)]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/237025</guid>
      <pubDate>Thu, 26 Mar 2026 16:59:14 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/237025-residential-mortgage-securitization-rate-steady-in-2025</link>
    </item>
    <item>
      <title>GSE Pilots MBS Sale With VantageScore</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[One of the GSEs has quietly issued an MBS comprised of loans underwritten using VantageScore 4.0.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/237053</guid>
      <pubDate>Thu, 26 Mar 2026 16:58:18 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/237053-vantagescore-ceo-confirms-mbs-rumor</link>
    </item>
    <item>
      <title>Ginnie Analyzing Growing Demand for Custom Pools</title>
      <author>ewilley@imfpubs.com</author>
      <description>
        <![CDATA[International investors are driving demand for Ginnie Mae custom mortgage-backed securities, a trend Ginnie says it’s watching.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/237061</guid>
      <pubDate>Thu, 26 Mar 2026 16:57:20 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/237061-ginnie-analyzing-growing-demand-for-custom-pools</link>
    </item>
    <item>
      <title>CMBS Market Sees Potential Increase in Rating Shopping</title>
      <author>sclark@imfpubs.com</author>
      <description>
        <![CDATA[Ratings from a single firm are increasingly common for single-asset/single-borrower commercial MBS, a sign of potential rating shopping.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/237052</guid>
      <pubDate>Thu, 26 Mar 2026 16:56:22 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/237052-cmbs-market-sees-potential-increase-in-rating-shopping</link>
    </item>
    <item>
      <title>Unison Plots Growth With HEI Securitization</title>
      <author>jdohnert@imfpubs.com</author>
      <description>
        <![CDATA[The company recently closed its first rated securitization of the year backed by home equity investments.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/237057</guid>
      <pubDate>Thu, 26 Mar 2026 16:55:24 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/237057-unison-plots-growth-of-securitization-platform</link>
    </item>
    <item>
      <title>Aplos Looks to Transform Whole-Loan Data Operations</title>
      <author>azimmardi@imfpubs.com</author>
      <description>
        <![CDATA[While institutional investors and insurance companies have been increasing their allocations to whole loans, the infrastructure supporting those allocations hasn’t kept pace, the software company said.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/237046</guid>
      <pubDate>Thu, 26 Mar 2026 16:54:27 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/237046-aplos-technologies-launches-aims-to-transform-whole-loan-data-operations</link>
    </item>
    <item>
      <title>Plenty of Investors Ready to Cover Fed’s MBS Retreat</title>
      <author>jbancroft@imfpubs.com</author>
      <description>
        <![CDATA[While depository institutions and the central bank scaled back their MBS holdings during the fourth quarter, money managers, life insurance companies and the GSEs ramped up their portfolios. (Includes three data tables.)]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/236993</guid>
      <pubDate>Thu, 19 Mar 2026 17:11:46 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/236993-plenty-of-investors-ready-to-cover-feds-mbs-retreat</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>Agency Rules Restrictive for CDFI Mortgage Lending</title>
      <author>ewilley@imfpubs.com</author>
      <description>
        <![CDATA[The government-sponsored enterprises and Ginnie Mae have requirements that keep many community development financial institutions out of the mortgage business, according to CDFIs.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/236977</guid>
      <pubDate>Thu, 19 Mar 2026 17:09:48 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/236977-agency-rules-restrictive-for-cdfi-mortgage-lending</link>
    </item>
    <item>
      <title>Bank CLO Holdings Edge Higher in Fourth Quarter</title>
      <author>jbancroft@imfpubs.com</author>
      <description>
        <![CDATA[JPMorgan Chase remained the largest bank CLO investor despite a modest decline in its portfolio during the fourth quarter of 2025. (Includes data table.)]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/236947</guid>
      <pubDate>Thu, 19 Mar 2026 17:08:50 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/236947-bank-clo-holdings-edge-higher-in-fourth-quarter</link>
    </item>
    <item>
      <title>Morningstar Proposes Looser Criteria for Residential MBS</title>
      <author>azimmardi@imfpubs.com</author>
      <description>
        <![CDATA[Morningstar DBRS has proposed loosening its rating criteria for residential MBS, given the strong performance of loans originated after 2008.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/236976</guid>
      <pubDate>Thu, 19 Mar 2026 17:07:52 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/236976-morningstar-proposes-updates-to-how-it-rates-mbs-seeking-comments</link>
    </item>
    <item>
      <title>Redwood Offers Non-Agency MBS With Mortgages for Doctors</title>
      <author>azimmardi@imfpubs.com</author>
      <description>
        <![CDATA[Loans in the deal were largely originated by Huntington Bank. Banks traditionally hold so-called medical professional mortgages in portfolio.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/236955</guid>
      <pubDate>Thu, 19 Mar 2026 17:06:58 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/236955-redwood-markets-non-agency-mbs-backed-by-loans-for-doctors</link>
    </item>
    <item>
      <title>Auto ABS Delinquencies Expected to Rise, Particularly Subprime</title>
      <author>jdohnert@imfpubs.com</author>
      <description>
        <![CDATA[Delinquencies on auto loan ABS are increasing, with additional hikes expected, particularly for subprime deals.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/236984</guid>
      <pubDate>Thu, 19 Mar 2026 17:05:01 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/236984-auto-abs-delinquencies-expected-to-rise</link>
    </item>
    <item>
      <title>S&amp;P Seeing Interest From Issuers for Bitcoin-Loan ABS</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[S&P has seen several proposals for ABS similar to the $188 million deal Ledn issued in February tied to loans secured by bitcoin holdings.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/236991</guid>
      <pubDate>Thu, 19 Mar 2026 17:04:03 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/236991-s-and-p-seeing-interest-from-issuers-for-bitcoin-loan-abs</link>
    </item>
    <item>
      <title>Grapevine: SEC Rule 15c2-11 Proposal; SFR Securitization</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[SEC proposes to exempt MBS, ABS from Rule 15c2-11; Amherst offering single-family rental securitization; Morningstar offers “bring your own loan” rating analysis; subprime MBS from 1999 downgraded.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/236983</guid>
      <pubDate>Thu, 19 Mar 2026 17:03:05 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/236983-grapevine-sec-proposal-on-rule-15c2-11-sfr-securitization-marketing</link>
    </item>
    <item>
      <title>Bank ABS Holdings Edge Higher in Fourth Quarter</title>
      <author>jbancroft@imfpubs.com</author>
      <description>
        <![CDATA[The two largest bank ABS investors, TD Bank and Bank of America, accounted for virtually all of the industry’s fourth-quarter growth in non-mortgage ABS. (Includes two data tables.)]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/236895</guid>
      <pubDate>Thu, 12 Mar 2026 16:42:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/236895-bank-abs-holdings-edge-higher-in-fourth-quarter</link>
    </item>
    <item>
      <title>Mortgage Spreads Widen With Uncertainty Tied to Iran Conflict</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[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.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/236922</guid>
      <pubDate>Thu, 12 Mar 2026 16:41:32 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/236922-mortgage-market-reacts-to-war-with-iran</link>
    </item>
    <item>
      <title>REIT MBS Holdings Still Growing as 2025 Closes</title>
      <author>jbancroft@imfpubs.com</author>
      <description>
        <![CDATA[Most mortgage REITs took advantage of strong MBS fundamentals to increase their agency holdings in the fourth quarter. While some REITs are drawn to the surging non-QM sector, industry holdings of non-agency MBS fell last year. (Includes two data tables.)]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/236882</guid>
      <pubDate>Thu, 12 Mar 2026 16:40:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/236882-reit-mbs-holdings-still-growing-as-2025-closes</link>
    </item>
    <item>
      <title>FASB to Propose Hedging of Held-to-Maturity Portfolios</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[The potential rule change would allow banks to redesignate MBS holdings from held-to-maturity to available-for-sale.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/236916</guid>
      <pubDate>Thu, 12 Mar 2026 16:39:35 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/236916-fasb-to-allow-hedging-of-held-to-maturity-portfolios</link>
    </item>
    <item>
      <title>Demand for Home Equity Securitizations Rising</title>
      <author>jdohnert@imfpubs.com</author>
      <description>
        <![CDATA[Investors are showing increased interest in securitizations of traditional home equity loans and home equity investments.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/236906</guid>
      <pubDate>Thu, 12 Mar 2026 16:35:39 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/236906-demand-for-home-equity-securitizations-rising</link>
    </item>
    <item>
      <title>Redwood Set to Regularly Issue Expanded-Credit MBS</title>
      <author>azimmardi@imfpubs.com</author>
      <description>
        <![CDATA[There was strong investor interest in Redwood Trust’s first issuance through the Aspire shelf, which focused on expanded-credit mortgages.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/236890</guid>
      <pubDate>Thu, 12 Mar 2026 16:34:40 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/236890-redwood-closes-inaugural-aspire-securitization-positive-investor-feedback</link>
    </item>
    <item>
      <title>Tricolor ABS Investors Sue Warehouse Lenders, Underwriters</title>
      <author>sclark@imfpubs.com</author>
      <description>
        <![CDATA[The investors claim the warehouse lenders and underwriters were aware of fraud at Tricolor, but ignored the warnings.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/236907</guid>
      <pubDate>Thu, 12 Mar 2026 16:30:42 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/236907-tricolor-abs-investors-sue-warehouse-lenders-underwriters</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>Music ABS Issued in 2024 on Watch for Downgrade</title>
      <author>ewilley@imfpubs.com</author>
      <description>
        <![CDATA[Kroll Bond Ratings Agency placed a 2024 transaction issued by Kobalt Music on watch for a potential downgrade because of the flagging performance of the underlying assets.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/236918</guid>
      <pubDate>Thu, 12 Mar 2026 16:28:49 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/236918-somebodys-watching-music-abs</link>
    </item>
    <item>
      <title>Agency Market Phones It In, Rate Refis Slow in February</title>
      <author>jbancroft@imfpubs.com</author>
      <description>
        <![CDATA[Secondary-market sales of agency loans followed seasonal patterns last month. Although purchase-mortgage volume saw the biggest decline, the sector still accounted for 55.8% of agency issuance last month. (Includes two data tables.)]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/236821</guid>
      <pubDate>Thu, 05 Mar 2026 17:00:00 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/236821-agency-market-phones-it-in-rate-refi-slows-in-february</link>
    </item>
    <item>
      <title>Investors Hopeful Reg AB2 Changes Will Boost Public MBS</title>
      <author>jdohnert@imfpubs.com</author>
      <description>
        <![CDATA[The SEC’s recent push to update disclosure requirements could prompt issuance of publicly-registered MBS.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/236841</guid>
      <pubDate>Thu, 05 Mar 2026 16:56:48 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/236841-investors-hopeful-reg-ab-ii-changes-will-boost-public-mbs-offerings</link>
    </item>
    <item>
      <title>GSE Portfolios Continue Shift to MBS</title>
      <author>dhollier@imfpubs.com</author>
      <description>
        <![CDATA[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.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/236823</guid>
      <pubDate>Thu, 05 Mar 2026 16:51:51 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/236823-gse-portfolios-continue-shift-to-mbs</link>
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