Private MIs Boost Market Share in 2Q18, Report Post-Crisis Record in Earnings August 9, 2018 John Bancroft Arch wrote $19.94 billion of traditional policies in the second quarter, ranking first overall, according to exclusive figures compiled by Inside Mortgage Finance. Radian was second with $16.36 billion…Read More
Mortgage Banking Income Fades at Banks August 8, 2018 John Bancroft Second-ranked JPMorgan Chase had a similarly disappointing quarter.Read More
Nonbank Market Share of Ginnie MSRs: 59.9 Percent and Growing August 7, 2018 John Bancroft Wells Fargo’s agency servicing volume dropped by $9.4 billion…Read More
Secondary Market in Servicing Rights Gained Momentum in 2Q18 August 6, 2018 John Bancroft In 2Q18, there was a huge increase in bulk Fannie MSR transfers…Read More
Agency MBS Business Lays an Egg in July. Refis Set New Cyclical Lows August 3, 2018 John Bancroft The fundamentals just weren’t there...Read More
Treasury Backs Major Tech Developments for Mortgage Industry, Clarity on FCA Claims August 2, 2018 John Bancroft and George Brooks A new Treasury report backs Trump administration proposals to fund FHA technology upgrades…Read More
Servicing Market Continues Deconsolidation Trend, Big Banks Keep Slipping August 2, 2018 John Bancroft The biggest gainer among the top 50: New American Funding in California…Read More
FHA/VA Serious Default Rates Down in 2Q18 July 30, 2018 John Bancroft FHA officials are worried about rising concentrations of higher-risk loan characteristics…Read More
Non-Mortgage ABS Issuance Slowed in 2Q18, but Production is Ahead of Last Year’s Pace July 27, 2018 John Bancroft Most of the major product categories had some slippage in the second quarter.Read More
Mortgage Originations Rebounded in 2Q18, but Market Lags 2017 Production July 26, 2018 John Bancroft An estimated $445.0 billion of first-lien home loans were originated during the second quarter, an 18.7 percent sequential gain…Read More