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Home » Authors » John Bancroft

Articles by John Bancroft

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.
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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…
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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.
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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.
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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…
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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...
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Agency-Backed CMO Production Slumped in 2Q17

September 1, 2017
John Bancroft
Wells Fargo’s CMO business was down 36.7 percent from the first half of 2016…
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Short Takes: Navy Federal Would Like to Purchase Servicing Rights / An MSR Offering from Prestwick / Fed Okays Sterling’s Purchase of Astoria / A Clarification / New Hires for Castle & Cooke

August 31, 2017
John Bancroft and Paul Muolo
The Fed just greenlighted a bank M&A deal...
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GSE Single-Family MBS Business Edged Higher in July

August 30, 2017
John Bancroft
In July, the top five GSE loan sellers were Wells Fargo, Chase, Quicken, PennyMac and AmeriHome Mortgage…
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