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Home » Authors » John Bancroft

Articles by John Bancroft

DBRS Builds RMBS Ratings Share, S&P Steady in ABS

March 11, 2021
John Bancroft
The ratings business was down in both non-agency MBS and ABS last year, and firms scrambled to maintain share in declining markets. (Includes two data charts.)
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A 4Q20 Record for ‘Conforming’ Jumbos: $114 Billion

March 11, 2021
John Bancroft

The record $114.44 billion total for Fannie, Freddie and Ginnie represented a 33.7% gain from the third quarter.


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Conforming-Jumbo Surges in 4Q20, Non-Agency Stalls

March 11, 2021
John Bancroft
Lenders sold a record $114.4 billion of conforming-jumbo loans to Fannie, Freddie and Ginnie during the fourth quarter, a 34% increase from the prior period. (Includes three data charts.)
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Nonbanks Hit New Mortgage Lending Milestone in 4Q20

March 11, 2021
John Bancroft
Nonbanks accounted for a record 71.7% of the $965 billion of home loans produced by the top 100 lenders in the fourth quarter. (Includes two data charts.)
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Bank Repurchases Down in 4Q20, GNMA Buyouts Too

March 10, 2021
John Bancroft

In 4Q20, Chase and Popular returned to more normal levels while repurchases at Wells remained somewhat elevated...


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Banks Trimmed Their MSR Holdings by 12% in 2020

March 8, 2021
John Bancroft

The irony: As banks trimmed their holdings, mortgage servicing rights increased in value...


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TPO Channels Rebound in 4Q20 Jumbo, Government

March 5, 2021
John Bancroft
Retail production continued to gain market share in conventional-conforming lending, the biggest mortgage sector, but correspondent and broker share rose in the government and jumbo markets. (Includes two data charts.)
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Banks Still Retreating from MSR as Valuations Improve

March 5, 2021
John Bancroft
Banks continued to allow their portfolios of servicing for others shrink during a year when MSR production levels set records. (Includes data chart.)
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Bank Repurchases Down in 4Q20, GNMA Buyouts Too

March 5, 2021
John Bancroft
After an anomalous spike in the third quarter, bank repurchase volumes returned to normal levels in the final three months of 2020. (Includes data chart.)
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GSE Purchase Loans Skid in February, Refi Taps Brakes

March 5, 2021
John Bancroft
Although GSE single-family business volume declined from January to February, the market remained at historically high levels, especially for refinance transactions. (Includes two data charts.)
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