3Q17 Mortgage Buyback Activity Higher at Freddie, Lower at Fannie December 4, 2017 John Bancroft GSE buyback activity has trended lower over the past two years…Read More
Bank Holdings of Non-Mortgage ABS Decline Again in 3Q17, Some Institutions Still Buying November 30, 2017 John Bancroft Depositories held roughly 16.0 percent of outstanding ABS at the end of the third quarter…Read More
Conforming-Jumbo Market Grew Faster Than Non-Agency Sector in 3Q17 November 30, 2017 John Bancroft Roughly $119.1 billion of mortgages that exceed the conforming loan limit of $424,100 were produced during the third quarter of 2017…Read More
Banks and Residential MBS – the Love Affair Continued in 3Q17 November 29, 2017 John Bancroft Some $25.94 billion of the industry-wide increase was booked by the three largest bank MBS investors…Read More
Publicly Traded Nonbanks Post Earnings Gain for 3Q17 – Thanks to PennyMac November 21, 2017 John Bancroft Excluding PennyMac, the eight remaining nonbanks had a combined $41.21 million net loss on mortgage banking activity…Read More
3Q17 Results: Third-Party Lenders Gained Market Share in a Purchase-Heavy World November 21, 2017 John Bancroft In the broker channel, United Wholesale Mortgage once again dominated…Read More
A Strong October for Freddie, GSE Takes Market Share from Fannie November 20, 2017 John Bancroft Freddie officials stated that the GSE continued to incur market-adjusted pricing costs in the form of lower MBS guarantee fees.Read More
GSE Sellers Take Baby Steps on Risk – but at a Glacial Pace November 20, 2017 John Bancroft This most-risky bucket accounted for just 2.6 percent of refi business in the third quarter...Read More
Conventional-Conforming Market Tapped into Surging Refi Business in 3Q17 November 16, 2017 John Bancroft Roughly $269 billion of conventional-conforming loans were originated from July through September, according to Inside Mortgage Finance...Read More
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