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Home » Authors » John Bancroft

Articles by John Bancroft

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…
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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.
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Surprise: Production-Related Activity Saw Profit Boost in 3Q18

December 27, 2018
John Bancroft
However, servicing income was down substantially…
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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…
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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…
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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...
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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…
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Ginnie Stats Reveal Sharp Increase in FHA Risk Layering Over Two Years

December 17, 2018
John Bancroft
Loans with DTI ratios exceeding 50 percent accounted for 29.60 percent of FHA business in Ginnie MBS during the first two months of the fourth quarter…
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Non-Agency MBS Outstanding Nears the End of an 11-Year Tunnel

December 14, 2018
John Bancroft
Roughly $458.6 billion of single-family non-agency MBS were outstanding at September 30, a scant 0.1 percent drop from June…
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Home-Equity Lending Still Can’t Gain Traction Despite Strong Residential Values

December 13, 2018
John Bancroft
The home-equity market peaked back in 2007 at $1.133 trillion in outstandings. It has been in an 11-year swoon since then.
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