Nonbanks Kept Growing Origination Share in 3Q18 October 31, 2018 John Bancroft Year-over-year, United Wholesale Mortgage had the largest gain at 52.2 percent, based on originations through the first nine months of 2018.Read More
Mortgage Complaints Took a Dive in 3Q18 October 30, 2018 John Bancroft Wells Fargo once again led the complaint pack…Read More
MSR Transfers Boomed in 3Q18, Aided by Franklin American Sale October 29, 2018 John Bancroft The top five bulk MSR transfers were led by Franklin American, followed by Stearns, loanDepot, Flagstar and United Shore/United Wholesale Mortgage…Read More
Commercial Mortgage Securitizations Slowed in 3Q18 but MF Surged October 26, 2018 John Bancroft Thanks to Fannie Mae and Freddie Mac, multifamily securitizations surged 44.7 percent…Read More
Private MIs Push for More Transparency in GSE Pricing, Underwriting October 25, 2018 John Bancroft While the FHFA has proposed a formal rulemaking on GSE capital, the current standard known as the conservatorship capital framework has not been made public…Read More
The Final Tally for 3Q18 Originations: $435 Billion. Modest Declines Expected in the Quarters Ahead October 25, 2018 John Bancroft The mortgage market was somewhat more top-heavy in the third quarter, with the top 25 lenders accounting for 57.7 percent of total production…Read More
Trouble Brewing? FHA and VA Delinquencies on the Rise October 24, 2018 John Bancroft No wonder Ginnie Mae Acting President Michael Bright is nervous: Short-term default rates showed the biggest increases…Read More
Non-Mortgage ABS Production Down Sharply in 3Q18 October 19, 2018 John Bancroft Most of the third-quarter slippage occurred in the business-finance category, where ABS production tumbled 51.2 percent...Read More
Agency MSR Market Grew Modestly in 3Q18 as Nonbanks Continued Their March Forward October 18, 2018 John Bancroft Fun fact: Nonbanks went over the 60.0 percent threshold in Ginnie Mae market share during the third quarter. Read More
FHA Market Grows Riskier in 2018 October 16, 2018 John Bancroft FHA debt-to-income ratios are also deteriorating…Read More