Mortgage REITs Boost Residential MBS Holdings in 3Q17 November 16, 2017 John Bancroft MBS-investing REITs boosted their holdings by 10.1 percent on a sequential basis…Read More
Correspondent Share of FHA Loans Nears the 49 Percent Mark November 14, 2017 John Bancroft Correspondent programs are most dominant in the FHA market, perhaps reflecting a preference among large producers to have recourse…Read More
Surprise: CMBS Has its Best Issuance Quarter Since 2Q08 November 10, 2017 John Bancroft Fannie, Freddie and Ginnie continued to dominate multifamily activity… Read More
Private MIs Gained Ground in 3Q17, but VA Shined the Most November 9, 2017 John Bancroft Arch MI remained the top private insurer in the third quarter and year-to-date, although its competitors gained some ground…Read More
Retail Still the Largest Source of Agency Loans November 7, 2017 John Bancroft Correspondents generated 38.8 percent of the market and posted the highest purchase-mortgage concentration, 77.8 percent.Read More
A Spike in Freddie MBS Issuance Helped Steady Volumes for October November 3, 2017 John Bancroft But while Fannie production slumped 11.5 percent, Freddie saw a robust 23.9 percent jump in new issuance in October…Read More
Mortgage Banking Profits Declined Slightly for Banks in 3Q17 November 3, 2017 John Bancroft Meanwhile, the indicators point to a drop in production volume for the fourth quarter…Read More
Minor Retreat for Top Tier Mortgage Servicers in 3Q17, Nonbanks Continue March Forward November 2, 2017 John Bancroft The only top-five servicer to report an increase in volume was Nationstar Mortgage...Read More
FHA/VA Delinquencies Continue Climbing in 3Q17 While Servicing Grows October 30, 2017 John Bancroft Some 6.03 percent of FHA loans were 30-to-60 days past due as of the end of the third quarter, up from 4.51 percent in June.Read More
Fannie, Freddie Credit-Risk Transfer Deals Slowed in Third Quarter October 27, 2017 John Bancroft CRT deals may be popular with legislators since they “de-risk” Fannie and Freddie, but over the long haul the transactions reduce profits for the GSEs, or so critics have charged…Read More