Bank MSR Holdings Decline Again in 1Q18, but Valuations Hit Record High June 11, 2018 John Bancroft Banks have been reducing their servicing for others since late 2009…Read More
On the Rise Again: Agency Single-Family MBS Issuance June 8, 2018 John Bancroft All three agencies saw gains from April volume with Fannie posting the biggest increase…Read More
Don’t Worry, Nothing Will Derail the GSE Single-Security Project June 8, 2018 John Bancroft Treasury counselor Craig Phillips advised meeting participants to assure their bosses and government affairs offices that Treasury is fully committed to the project. “If you have problems, tell them to call me,” he quipped.Read More
Home-Equity Lending Starts the Year on a Flat Note June 7, 2018 John Bancroft Bank of America once again ranked first in terms of new HELOC commitments, according to Inside Mortgage Finance…Read More
Mortgage Brokers Gain Ground in Government-Insured Market June 4, 2018 John Bancroft Correspondent production remained the biggest source of FHA/VA loans, accounting for 53.5 percent of the survey sample…Read More
Fannie/Freddie Credit-Risk Transfer Machines Keeping Churning Out New Deals… June 1, 2018 John Bancroft The surge in CRT debt issuance came during a time when new MBS production for the GSEs sank by 19.3 percent. Read More
The GSEs in Conservatorship: Sure Doesn’t Seem Like It June 1, 2018 John Bancroft “We’re partnering with external firms to understand and anticipate their needs,” said Freddie Mac official Kevin Palmer…Read More
First-Time Buyer Share of Purchase-Mortgage Market Up in Early 2018 May 31, 2018 John Bancroft First-time buyers continue to fight the challenges of rising house prices, higher interest rates and depleted inventory… Read More
The Beat Goes On: GSE Credit Scores Much Higher Than on Ginnie Product May 30, 2018 John Bancroft During the first quarter, the average credit score at Fannie Mae was 741.15, slightly below the average 744.73 at Freddie Mac.Read More
More Big Swings in GSE Single-Family MBS Business in April May 29, 2018 John Bancroft However, Freddie still has some catching up to do to reach the 40.2 percent GSE share it had last year.Read More