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Home » Authors » John Bancroft

Articles by John Bancroft

GSE Market Thuds to a Two-Year Low in 1Q18

April 5, 2018
John Bancroft
The $81.35 billion in first-quarter Fannie/Freddie refi business was the lowest such total since the third quarter of 2014…
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Trouble Brewing for Fannie and Freddie in High DTI Market?

April 4, 2018
John Bancroft
MGIC, Radian, Essent and National MI all announced that they would no longer insure loans with DTI ratios over 45 percent and credit scores below 700…
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On the Rise: Correspondent Market Share

April 2, 2018
John Bancroft
Acquiring government-insured loans from correspondent lenders has been a huge part of the Ginnie Mae market in recent years…
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DBRS Tops in Non-Agency MBS Ratings, Fitch Has Strong Showing as Well

March 26, 2018
John Bancroft
Fitch had a good year too, rating $17.51 billion of non-agency MBS…
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Fannie and Freddie Witness High-DTI Loan Growth in 2017

March 23, 2018
John Bancroft
Fannie Mae adjusted its automated underwriting services last summer to make more loans with higher debt-to-income ratios eligible for approval without lenders needing to provide compensating factors.
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Ginnie and Freddie Drive Agency Servicing Increases in 2017, Nonbanks Expanding

March 22, 2018
John Bancroft
The mortgage servicing business racked up its third consecutive year of steady growth in 2017.
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GSE Repurchases Hit Record Low in 2017, Freddie Shows a Faster Decline

March 21, 2018
John Bancroft
GSE buyback volume fell 11.6 percent from the 2016 total, including an 11.4 percent drop from the third to the fourth quarter of last year.
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Senate Reg Relief Bill Would Exempt 72% of Lenders from New HMDA Reporting Requirements

March 20, 2018
John Bancroft
The 4,710 small mortgage lenders wouldn’t have to report new data points sought by the Consumer Financial Protection Bureau for originations in 2018 and beyond, according to an analysis by Inside the CFPB.
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Mortgage Banking Income Hit From Both Sides in 2017

March 16, 2018
John Bancroft
Rising rates bolstered servicing values late in the year, but reduced production results…
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Investor Demand Sturdy Enough to Absorb Slight Growth in Agency Single-Family MBS

March 16, 2018
John Bancroft
The fastest-growing program continued to be Ginnie Mae MBS, which shot up 8.2 percent for the year…
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