Banks and Thrifts Retreat Slightly from MBS Market in 2Q18 August 17, 2018 John Bancroft Banks still favor Fannie Mae and Freddie Mac pass-through securities, but…Read More
Mortgage Delinquency Rates Down Sharply in 2Q18 August 17, 2018 John Bancroft Meanwhile, the Mortgage Bankers Association this week reported a substantial decline in its seasonally adjusted mortgage delinquency data series.Read More
Jumbo Originations Up Sharply in 2Q18 August 16, 2018 John Bancroft Wells Fargo, JPMorgan Chase and Bank of America were the top producers of jumbo loans in the second quarter…Read More
Expanded-Credit Mortgage Securitization Falters Ever So Slightly in 2Q18 August 14, 2018 John Bancroft The biggest increase has been in the new breed of Alt A securities…Read More
Short Takes: GSE Nonprime Holdings Keep Shrinking / However… / Production Remains Strong at UWM / LendingTree’s Share Price: Down, Down, Down / Lenders One Promotes Kuentz to CEO August 14, 2018 Paul Muolo and John Bancroft Fannie and Freddie stopped acquiring nonprime mortgages during the financial crisis, but they haven’t completely avoided the loans... Read More
Commercial MBS Issuance Rebounds from a Slow Start August 9, 2018 John Bancroft Meanwhile, Fannie Mae and Freddie Mac accounted for 82.5 percent of all multifamily loans securitized in the first half…Read More
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