Mortgage Brokers Face Uphill Challenge in Jumbo Market September 26, 2017 John Bancroft MUFG Union Bank was the top wholesale lender in the jumbo market by a wide margin.Read More
GSE Seller Buybacks Edged Higher in 2Q17, but YOY… September 25, 2017 John Bancroft All of the uptick in seller buybacks came from Fannie, where repurchases surged 21.5 percent from the first to the second quarter.Read More
MBS Market Plugging Along, Banks and Overseas Buyers Top Investors in 2Q17 September 22, 2017 John Bancroft Commercial banks were one of the most active buyers of residential MBS during the April-June cycle...Read More
Don’t Look Now but Depositories are Making Modest Gains in Lending Market Share September 21, 2017 John Bancroft It marked the third straight quarter in which depositories raised their share among the top-100 mortgage originators.Read More
Agency-Jumbo Production Sagged in 2Q17 While Non-Agency Sector Kept Growing September 14, 2017 John Bancroft But the non-agency jumbo market saw a healthy 18.6 percent increase in originations…Read More
Mortgage Securitization Rate Sinks in 2Q17 September 14, 2017 John Bancroft Roughly 27.3 percent of Fannie Mae, Freddie Mac and Ginnie Mae loans pooled in securities in the first half of 2017 were a month old at issuance, and 6.4 percent were two or three months old.Read More
On a Roll: Fourth Consecutive Monthly Gain for GSE MBS Issuance September 12, 2017 John Bancroft Fannie and Freddie lost some market share during the second quarter, according to preliminary figures compiled by Inside The GSEs.Read More
Large Banks Still Backing Away From Mortgage Servicing September 11, 2017 John Bancroft On a combined basis, the three largest bank servicers reported a $45.06 billion reduction in their servicing for others.Read More
Agency MBS Issuance Up Again in August as Refi Business Shows Renewed Strength September 8, 2017 John Bancroft The agencies saw an 8.6 percent increase in refi volume from July to August, roughly triple the growth rate of the purchase-money business… Read More
Purchase-Mortgage Blowout: 2Q17 Highest Volume Since 3Q06 September 7, 2017 John Bancroft Purchase loans accounted for 67.5 percent of the estimated $455.0 billion in first-lien mortgage originations during the April-June cycle...Read More