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Home » Authors » John Bancroft

Articles by John Bancroft

GSE Credit Window for Purchase Loans Opened Slightly in 1Q18

May 14, 2018
John Bancroft
In the first quarter, 12.61 percent of purchase loans sold to the GSEs fell into the highest risk category…
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REITs Pull Back from MBS Investments Ever So Slightly

May 11, 2018
John Bancroft
It’s not clear if the REIT sector will amp up its participation in credit-risk transfer deals offered by Fannie Mae and Freddie Mac…
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Private MIs Lost Market Share in Early 2018 but Insurance in Force Topped $1 Trillion

May 10, 2018
John Bancroft
Arch maintained its large market share lead in insurance-in-force, while Radian ranked first in terms of new insurance written…
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Risk Factors Creep Higher in FHA and VA Loans During Early 2018

May 7, 2018
John Bancroft
The average credit score for FHA loans in Ginnie MBS issued during the first quarter was 671.1, the lowest level since the agency began reporting loan-level data…
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Nonbanks Continue Their Gains in the Servicing Market; Top Tier Loses Ground

May 3, 2018
John Bancroft
Compared to March 2017, the combined nonbank servicing business was up 14.7 percent, while banks in the top 50 saw a 2.4 percent decline from a year ago.
Read More

Finally, Agency MBS Issuance Heads North After a Weak 1Q18

May 3, 2018
John Bancroft
Freddie Mac had the biggest monthly increase at 22.9 percent…
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Price War on GSE Guarantee Fees Ended in Early 2018 in Response to FHFA Directive…

May 3, 2018
John Bancroft and Carisa Chappell
Freddie CEO Donald Layton told Inside MBS & ABS that implementation of the FHFA directive “has largely been complete.”
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The Nonbank Share of GSE Servicing Now Stands at 37.5 Percent – and Growing

May 1, 2018
John Bancroft
Matrix Financial Services is another nonbank rapidly climbing the GSE servicing ranks…
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Agency Servicing Transfers Slowed in Early 2018

April 30, 2018
John Bancroft
In 1Q18, the top three coissuance sellers of servicing rights were Fairway Independent Mortgage, Finance of America, and Movement Mortgage.
Read More

Commercial Mortgage Securitization Starts Strong in 2018 – Compared to 1Q17

April 27, 2018
John Bancroft
The agency share of securitized multifamily mortgages has been high since 2008…
Read More
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