Agency Servicing Transfers Slowed in Early 2018 April 30, 2018 John Bancroft In 1Q18, the top three coissuance sellers of servicing rights were Fairway Independent Mortgage, Finance of America, and Movement Mortgage.Read More
Commercial Mortgage Securitization Starts Strong in 2018 – Compared to 1Q17 April 27, 2018 John Bancroft The agency share of securitized multifamily mortgages has been high since 2008…Read More
Mortgage Origination Volume Tanked in 1Q18, Hitting the Lowest Level Since 4Q14 April 26, 2018 John Bancroft Production numbers were down sharply in nearly every category.Read More
VA Servicing Continues to Grow at a Nice Clip April 25, 2018 John Bancroft Don’t look now, but Ginnie Mae MBS outstanding is approaching the $2 trillion mark…Read More
It May be a Trying Time for Mortgages, but ABS Issuance Roars Out of the Starting Gate in Early 2018 April 20, 2018 John Bancroft It was the best showing for ABS since the second quarter of 2008…Read More
Nonbanks Continue to Gobble Up More of the Agency Servicing Market April 19, 2018 John Bancroft Nonbank servicing of agency MBS has nearly doubled since March 2014… Read More
Early 2018 Brings More Volatility to GSE Single-Family Rivalry April 16, 2018 John Bancroft In early 2018 both GSEs were under orders from the Federal Housing Finance Agency to set g-fees that meet a “minimum return on equity…”Read More
Non-Agency MBS Issuance Down Sharply in 1Q18, but Subprime and Alt A Show Promise April 13, 2018 John Bancroft During 1Q18, issuance of MBS backed by seasoned loans fell 50.8 percent…Read More
Private MI Loan Volume Down Sharply in 1Q18 April 12, 2018 John Bancroft The upside for private MIs is that their purchase business started off 2018 at a more robust level than last year…Read More
Ginnie MBS Production Tumbled to Three-Year Low in 1Q18 April 11, 2018 John Bancroft The agency issued $92.58 billion in MBS backed by forward mortgages during the first three months of 2018.Read More