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Home » Authors » John Bancroft

Articles by John Bancroft

Correspondent Platforms Gain Share in 3Q18 Agency Market

October 12, 2018
John Bancroft
The correspondent share of the market rose to 39.5 percent, the highest it has been in years...
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Mortgage Insurance Firms Gained Market Share in 3Q18

October 11, 2018
John Bancroft
On a year-to-date basis, the volume of private MI loans delivered into GSE MBS was up 9.8 percent from the first nine months of 2017…
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Reshuffle Continues in Servicing Market

Depositories Add Whole Loans and Nonbanks Grow MSR Portfolios
October 10, 2018
John Bancroft
The commercial-banking sector isn’t running away from the mortgage-servicing business the way it did a few years ago, but aggregate figures show the industry continues to favor whole loans over mortgage servicing rights.
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Refinance Market Continued to Slip in 3Q18

But Purchase Mortgages Lift Fannie/Freddie Business
October 10, 2018
John Bancroft

Fannie Mae and Freddie Mac turned in a solid gain in single-family production during the third quarter of 2018, according to an exclusive ranking and analysis by Inside Mortgage Finance.


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Ginnie MBS Production Down 11 Percent Through Sept. 30

October 8, 2018
John Bancroft
Issuers pooled $19.63 billion of FHA and VA refi loans during the third quarter, down 11.6 percent from the previous period…
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Refi Market Continued to Slip in 3Q18, but Purchases Lift Fannie/Freddie Business

October 4, 2018
John Bancroft
Purchase mortgages accounted for 71.4 percent of third-quarter GSE business…
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Securitization Market Limped Through 3Q18 with Help From Agency MBS Issuance

October 4, 2018
John Bancroft
The major driver was a 16.8 percent jump in Fannie Mae issuance…
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Nonbanks Gained Market Share in 2Q18

October 3, 2018
John Bancroft
As a result, the nonbank share of new production edged up to 53.9 percent, its highest level since the second quarter of 2017.
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Bank MSR Values the Highest They’ve Been Since 2007

October 1, 2018
John Bancroft
Banks valued these servicing rights at $46.4 billion, $5.6 billion more than in March…
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A Milestone: Nonbanks Pass Banks in MSR for the First Time

September 27, 2018
John Bancroft
The bank retreat from agency MBS servicing is mostly taking place at the top…
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