John Bancroft

Wow: Nonbank Share of Agency Servicing Market Tops 47%

October 17, 2019

Fun fact: Over the past five years, the nonbank share of the agency servicing market has almost doubled and now stands at 47.2%...

Refi Boom Results in New Quarterly Record for Ginnie Issuance

October 14, 2019

John Bancroft

The VA program saw the sharpest spike in refi activity, shooting up 69.7% from the second quarter.

Refinancing Pushes GNMA to Record Issuance in 3Q19

October 11, 2019

John Bancroft

Ginnie Mae MBS volume was boosted by a 41% jump in VA loan deliveries and a 22% boost in FHA. Both programs saw sharp increases in refi volume along with rising purchase-mortgage business. (Includes four data charts.)

Non-Agency MBS Issuance Flat in 3Q, But ECM Soars

October 10, 2019

John Bancroft

Nonprime securitization was down for the second straight quarter and the S&D market was sluggish. But prime-jumbo and ECM production rose sharply in the third quarter. (Includes three data charts.)

3Q19: Expanded-Credit MBS Issuance Soars While Non-Agency Stays Flat

October 10, 2019

John Bancroft

Expanded-credit MBS issuance (the sum of nonprime and Alt A) hit $9.90 billion in the third quarter, a 60.8% jump from the previous period.

Private MIs Expand Share of First-timer Market in 3Q19

October 10, 2019

John Bancroft

Repeat homebuyers accounted for over half of the agency purchase-mortgage market in the third quarter, the first time that’s happened in a while. (Includes four data charts.)