Nonbanks Significantly Increase Agency Servicing Market Share January 17, 2019 John Bancroft Eighth-ranked Mr. Cooper also had huge quarter in MSR growth…Read More
Large Nonbanks Grow Agency Servicing Share January 17, 2019 John Bancroft Four large nonbanks added over $10 billion each in new servicing rights tied to agency mortgage-backed securities during the fourth quarter. PennyMac padded its agency servicing portfolio by $20.95 billion. [Includes two data charts.]Read More
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