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Home » Authors » John Bancroft

Articles by John Bancroft

Servicing Transfers Jump 22 Percent in 2Q17 as Major Players Unload Receivables

July 31, 2017
John Bancroft
Movement Mortgage was the largest seller of MSRs through co-issuance deals…
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Fannie Expects More Business from DTI Shift

July 31, 2017
John Bancroft
Fannie said that about 3 or 4 percent of DU applications with DTI ratios ranging from 45 percent to 50 percent had been deemed ineligible because they failed the overlay test…
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Originations Increase Sharply in Second Quarter but Volume in 2017 Still Lags the Pace Set Last Year

July 28, 2017
John Bancroft
Wells Fargo remained the top producer of first-lien mortgages with a hefty 27.1 percent increase from the first quarter, gaining ground on all of its nearest competitors.
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Solid Gains for Non-Mortgage ABS in 2Q17 – Thanks, in Part, to Pizza

July 21, 2017
John Bancroft
A lot of the ABS oomph came from the $2.08 billion whole-business securitization by Domino’s Pizza...
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VA Still Gaining Ground in Growing Ginnie Mae MBS Portfolio

July 21, 2017
John Bancroft
One reason the VA market grows somewhat faster than the FHA is that it loses fewer loans to default.
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Ginnie Mae Continues to Lead the Pack in Agency Servicing Growth

July 19, 2017
John Bancroft
Outstanding MBS servicing at Fannie actually declined slightly in the second quarter…
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Fannie/Freddie Single-Family MBS Business Slumped in 2Q17; Bank and Thrift Business Weak

July 18, 2017
John Bancroft
Wells Fargo saw an 18.6 percent drop in its GSE business during the April-June cycle, but the three other megabanks had much bigger declines…
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Bank Mortgage Repurchases Trend Lower

July 18, 2017
John Bancroft
Bank of America once again reported the biggest volume of residential loan repurchases: $421 million…
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Retail Channel Losing Steam in 2Q17 Agency Business; Brokers Rising

July 17, 2017
John Bancroft
Agency mortgages produced by mortgage brokers actually rose 4.4 percent in the second quarter, even as the overall market was falling 6.1 percent.
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A Strong Showing for Non-Agency MBS in 2Q17 – Thanks to S&D Deals and Re-securitizations

July 14, 2017
John Bancroft
One of the biggest development this year has been the growing consistency in issuance of nonprime MBS.
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