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Home » Authors » John Bancroft

Articles by John Bancroft

Bank CLO Holdings Drop Slightly in Early 2026

June 11, 2026
John Bancroft
Analysts at Bank of America Global Research suggest that proposed changes to regulatory capital requirements could spur more bank CLO investment. (Includes one data table.)
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Refis Drag Down Agency MBS Issuance in May

June 9, 2026
John Bancroft
The agencies securitized $30.31 billion of rate-term refis in May, a 32.6% decline from April.
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Short Takes: VantageScore Loans Trickle Into GSE MBS / Rocket Plans Large Debt Offering / Concerns About Concentration in Non-QM Servicing

June 9, 2026
John Bancroft and Brandon Ivey
Some $12.26 million of mortgages originated using VantageScore were included in GSE MBS issued in May.
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Agency MBS Issuance Down in May as Refinance Falters

June 4, 2026
John Bancroft
Agency purchase-mortgage volume was up modestly in May, while refinance activity, especially rate-term transactions, slowed dramatically. Total agency business may see another decline in June. (Includes two data tables.)
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Bank Holding Companies Add to MBS/ABS Portfolios

June 4, 2026
John Bancroft
JPMorgan Chase held the largest trading-account portfolio of residential MBS, CMBS and ABS at the end of the first quarter. (Includes two data tables.)
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Bank Holdings of Consumer ABS Trend Higher in 1Q

May 28, 2026
John Bancroft
Bank ABS holdings rose in the first quarter thanks to sizable gains in securities backed by consumer and auto loans. TD Bank accounted for much of the increase. (Includes two data tables.)
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Supers/Platinum, Agency CMO Volume up in First Quarter

May 28, 2026
John Bancroft
Fannie saw a slightly bigger increase in Supers issuance than Freddie did in the first quarter. Ginnie Platinum issuance was down, but the agency led the way in CMO production. (Includes two data tables.)
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Bank MBS Holdings Rise in 1Q26, Investors Like Ginnie

May 21, 2026
John Bancroft
Some large banks repositioned their portfolios to favor Ginnie pass-throughs during the first quarter of 2026, and several regional banks closed mergers that grew their MBS holdings. (Includes two data tables.)
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Mortgage-Banking Income Ticks Up at Nonbanks

May 19, 2026
John Bancroft
Earnings improved during the first quarter of 2026 among a group of 13 publicly traded nonbank companies despite choppy market conditions and slowing production.
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Nonbanks See Rebound in Mortgage-Banking Income

May 15, 2026
John Bancroft
Most of the overall increase in nonbank mortgage-banking income in the first quarter of 2026 came from Rithm Capital, which saw a big improvement on the servicing side. (Includes data table.)
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