Finally, Agency MBS Issuance Heads North After a Weak 1Q18 May 3, 2018 John Bancroft Freddie Mac had the biggest monthly increase at 22.9 percent…Read More
Price War on GSE Guarantee Fees Ended in Early 2018 in Response to FHFA Directive… May 3, 2018 John Bancroft and Carisa Chappell Freddie CEO Donald Layton told Inside MBS & ABS that implementation of the FHFA directive “has largely been complete.”Read More
The Nonbank Share of GSE Servicing Now Stands at 37.5 Percent – and Growing May 1, 2018 John Bancroft Matrix Financial Services is another nonbank rapidly climbing the GSE servicing ranks…Read More
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