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
Securitization Rates Nudge Higher in 3Q18 as Issuance Catches Up with Primary Market December 21, 2018 John Bancroft The securitization rate increased to 71.6 percent in 3Q18 compared to 65.0 percent in the previous period…Read More
SIFMA Meets with White House Officials on GSE Single-Security Initiative December 21, 2018 John Bancroft The Wall Street group’s advisory council on TBA guidelines met earlier this week with several key Trump administration officials...Read More
Mortgage Debt Outstanding Approaching Pre-Crash High Set Back in March 2008 December 20, 2018 John Bancroft Banks, savings institutions and credit unions held a combined $3.005 trillion of unsecuritizedsingle-family mortgages in portfolio as of Sept. 30…Read More