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Home » Authors » John Bancroft

Articles by John Bancroft

Ginnie Mae MBS Issuance Nudges Higher in August but Trails 2017

September 12, 2018
John Bancroft
Through the first eight months of the year, Ginnie issuance was down 11.0 percent...
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First-Time Buyers Continue Gaining Share in Red-Hot Purchase Market; PMIs Step Up…

September 6, 2018
John Bancroft
The nation’s PMIs have made a significant dent in the first-timer market, insuring a greater volume of mortgages guaranteed by Fannie and Freddie…
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Agency MBS Production Up Again in August. For Purchase Business, a Post-Crisis High

September 6, 2018
John Bancroft
August often sets the high-water mark for annual purchase-loan business for the agencies…
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GSE Buybacks Declined in 2Q18, but Pipeline of Pending Demands Grew

September 4, 2018
John Bancroft
Only a trace amount – 0.5 percent – of unresolved buyback cases were related to loans purchased by the GSEs before 2009.
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Mortgage Banking Income at Depositories Held Steady in 2Q18, Call Reports Show

September 4, 2018
John Bancroft
For many depositories, there’s a significant mismatch between their reported mortgage banking income and what’s on their call reports…
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Bank ABS Investment Rebounds in 2Q18

August 28, 2018
John Bancroft
In fact, bank ABS investment began to taper off at about the same time the supply of ABS outstanding began to grow again.
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IRS Gives GSE Single-Security Project a Boost

August 27, 2018
John Bancroft
The tax code includes several provisions that address whether the exchange of property is subject to taxation.
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FHA Forward Production Increases, but HECM Originations Slide

August 27, 2018
John Bancroft
HECM originations plunged 40.9 percent in the second quarter as tighter reverse-mortgage regulations limited the product’s appeal to borrowers…
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GSE Mortgage Portfolios Continued to Shrink in Second Quarter, Emphasis on Loss Mit and New Issuance

August 24, 2018
John Bancroft
Both government-sponsored enterprises are comfortably within the maximum $250.0 billion mortgage portfolios they are permitted to have under the terms of their conservatorship.
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Correspondent Market Cooling in 2018 As Retail Share Grew in Second Quarter

August 23, 2018
John Bancroft
The residential mortgage market took an unusual turn in the second quarter as retail production gained ground under conditions that generally favor third-party channels...
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