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Home » Authors » John Bancroft

Articles by John Bancroft

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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California Remains a Rich Market for Loan Officers

August 22, 2018
John Bancroft
Overall, California has 99,781 licensed and registered mortgage LOs, far more than any other state…
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GSE Sellers Continued to Stretch the Credit Box (Incrementally) in 2Q18

August 20, 2018
John Bancroft
A year ago, just 12.1 percent of new purchase loans fell into the highest-risk category…
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Declining Refis Take a Bite Out of Fannie/Freddie Business

August 20, 2018
John Bancroft
Most of the month-to-month slump was at Freddie, where MBS production fell 8.9 percent from June.
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Banks and Thrifts Retreat Slightly from MBS Market in 2Q18

August 17, 2018
John Bancroft
Banks still favor Fannie Mae and Freddie Mac pass-through securities, but…
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Mortgage Delinquency Rates Down Sharply in 2Q18

August 17, 2018
John Bancroft
Meanwhile, the Mortgage Bankers Association this week reported a substantial decline in its seasonally adjusted mortgage delinquency data series.
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Jumbo Originations Up Sharply in 2Q18

August 16, 2018
John Bancroft
Wells Fargo, JPMorgan Chase and Bank of America were the top producers of jumbo loans in the second quarter…
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Expanded-Credit Mortgage Securitization Falters Ever So Slightly in 2Q18

August 14, 2018
John Bancroft
The biggest increase has been in the new breed of Alt A securities…
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Short Takes: GSE Nonprime Holdings Keep Shrinking / However… / Production Remains Strong at UWM / LendingTree’s Share Price: Down, Down, Down / Lenders One Promotes Kuentz to CEO

August 14, 2018
John Bancroft and Paul Muolo
Fannie and Freddie stopped acquiring nonprime mortgages during the financial crisis, but they haven’t completely avoided the loans...
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Commercial MBS Issuance Rebounds from a Slow Start

August 9, 2018
John Bancroft
Meanwhile, Fannie Mae and Freddie Mac accounted for 82.5 percent of all multifamily loans securitized in the first half…
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