GSE Market Shifted Toward Megabanks in 4Q18 January 16, 2019 John Bancroft Chase’s secondary market patterns are typically herky-jerky…Read More
Private MIs Boost Share of Agency Purchase Loans January 16, 2019 John Bancroft The FHA share of insured purchase loans has been falling…Read More
Retail Channel Continues to Lose Market Share as Correspondent Surges January 14, 2019 John Bancroft Wholesale-broker activity saw roughly the same rate of decline as the retail channel did...Read More
Non-Agency MBS Issuance Faded in Fourth Quarter January 11, 2019 John Bancroft The ECM sector was one of the few that recorded MBS production gains during the fourth quarter…Read More
Private MI Volume Slumped in 4Q18 Fannie/Freddie MBS January 10, 2019 John Bancroft Fannie and Freddie securitized $66.89 billion of single-family loans with private MI coverage during the fourth quarter…Read More
MBS/ABS Market Ends Year with Lackluster Production. Weakest Reading in Five Years January 4, 2019 John Bancroft The biggest reason for the slump: the decline in single-family MBS production by Fannie, Freddie and Ginnie…Read More
A Not-So-Pretty 4Q18 for GSE MBS Issuance January 3, 2019 John Bancroft Fannie and Freddie continued to see a slippage in the purchase market…Read More
Nonbanks Continue to Build Market Share December 27, 2018 John Bancroft Nonbanks among the top 100 reported a mild 0.9 percent drop in new business, while depository institutions saw production fade 4.0 percent.Read More
Surprise: Production-Related Activity Saw Profit Boost in 3Q18 December 27, 2018 John Bancroft However, servicing income was down substantially…Read More
GSE Seller Buybacks Hit Record Low, Uptick in Unresolved Claims December 26, 2018 John Bancroft Buybacks by GSE seller/servicers set a new quarterly low…Read More