Mixed Trends for Residential MBS Issuance Halfway Through 2018 July 13, 2018 John Bancroft Some $315.95 billion of single-family MBS was issued in the second quarter, up 8.2 percent from the previous quarter, according to Inside MBS & ABS. Read More
GSE Single-Family Business Up Modestly in 2Q18 as Purchase Market Kicks In July 12, 2018 John Bancroft All of the growth in GSE volume came from the purchase-mortgage side of the business…Read More
Agencies Leaning More on the ‘QM Patch’ July 9, 2018 John Bancroft The share of high-DTI loans has continued to go up this year…Read More
Purchase Market Springs to Life in 2Q18, Freddie Regains Market Share July 9, 2018 John Bancroft The net result was a strong gain in Freddie’s share of the GSE market…Read More
DBRS Tops in Rating Non-Agency MBS July 5, 2018 John Bancroft Kroll Bond Rating Service moved up from fourth place in 2017 to start this year in second…Read More
Nonbanks Increasingly Taking Over Agency MBS Production June 29, 2018 John Bancroft The tally: nonbanks grew their GSE business by 1.5 percent during the first five months of the year. Banks retrenched by 16.2 percent… Read More
More Pain, No Gain for Nation’s Largest Home Lenders June 28, 2018 John Bancroft With loan production hitting a wall at the megabanks, layoffs are likely to ensue...Read More
Bank Loan Sales Down Sharply in First Quarter, JPM Especially June 27, 2018 John Bancroft Second-ranked JPMorgan Chase reported a hefty 48.3 percent decline in mortgage sales. Read More
A Spike in Fannie Mae Loan Repurchases June 26, 2018 John Bancroft Virtually all of the repurchase activity is now focused on newer production.Read More
FHA Officials Raise Concerns about Rising DTI Ratios, Risk Layering June 25, 2018 John Bancroft At the same time, there has been an increase in the share of loans with downpayment assistance…Read More