Continued Growth for Agency MBS in 3Q17 December 15, 2017 John Bancroft The fastest-growing segment is the Ginnie Mae market…Read More
Home-Equity Lending Declined in 3Q17 but Not by Much December 14, 2017 John Bancroft Banks and thrifts continued to retreat from the home-equity business in 3Q17 while credit unions pressed forward…Read More
Agency MBS Issuance Up Slightly in November. Another Big Month for Freddie December 8, 2017 John Bancroft It was Freddie Mac’s second-largest month of the year...Read More
Purchase Mortgages Continued to Dominate in 3Q17 but Refis Gained Ground December 7, 2017 John Bancroft Agency MBS data indicate that first-time buyers have been key to this year’s surge in purchase-mortgage activity...Read More
Production, Servicing Profits Up in 3Q17 December 6, 2017 John Bancroft Servicing income rose 1.5 percent during the third quarter, although five of the 12 companies reported declines and one of them – PHH Mortgage – posted a loss.Read More
Mortgage Banking Earnings Declined for Depositories in 3Q17 December 5, 2017 John Bancroft Wells Fargo reported a huge drop in mortgage banking income, but the rest of the top five banks all posted increased earnings from their operations… Read More
3Q17 Mortgage Buyback Activity Higher at Freddie, Lower at Fannie December 4, 2017 John Bancroft GSE buyback activity has trended lower over the past two years…Read More
Bank Holdings of Non-Mortgage ABS Decline Again in 3Q17, Some Institutions Still Buying November 30, 2017 John Bancroft Depositories held roughly 16.0 percent of outstanding ABS at the end of the third quarter…Read More
Conforming-Jumbo Market Grew Faster Than Non-Agency Sector in 3Q17 November 30, 2017 John Bancroft Roughly $119.1 billion of mortgages that exceed the conforming loan limit of $424,100 were produced during the third quarter of 2017…Read More
Banks and Residential MBS – the Love Affair Continued in 3Q17 November 29, 2017 John Bancroft Some $25.94 billion of the industry-wide increase was booked by the three largest bank MBS investors…Read More