Large Banks Show Tepid Interest in GSE Servicing Market October 24, 2017 John Bancroft The megabanks shed a combined $48.75 billion of GSE servicing during the third quarter…Read More
Agency Servicing Transfers Caught Fire in 3Q17, Reshaping MSR Market October 20, 2017 John Bancroft In the third quarter, Movement Mortgage was the top seller of MSR assets via the coissuance market…Read More
Non-Mortgage ABS Issuance Tumbled in 3Q17, But… October 20, 2017 John Bancroft Bank of America Merrill Lynch and Guggenheim Securities were the top underwriters of business ABS at the three-quarter mark of 2017…Read More
Agency Servicing Continued to Grow in 3Q17, Megabanks Show Little Interest October 19, 2017 John Bancroft The four megabanks reduced their agency mortgage servicing rights by $59.6 billion during the third quarter…Read More
Ginnie Mae Issuance Topped $120B in 3Q17, the Best Reading of the Year October 17, 2017 John Bancroft Ginnie Mae issuers securitized $85.4 billion of purchase loans in the third quarter, falling just short of the record $85.4 billion set in the third quarter of last year.Read More
Non-Agency MBS Issuance Weakened in 3Q17 Despite Upswing in Prime Jumbo Deals October 13, 2017 John Bancroft The bright spot was the prime jumbo MBS market where some $2.97 billion of new bonds were issued during the third quarter…Read More
Private MI Business Kept Growing in 3Q17, FHA Activity Lagged October 12, 2017 John Bancroft Fannie and Freddie saw a 26.7 percent jump in insured first-timer loans…Read More
GSE Purchase-Loan Share Hit 63 Percent in 3Q17, a 10-Year High October 9, 2017 John Bancroft The flow of home loans for first-time buyers was up a robust 24.7 percent on a sequential basis…Read More
MBS Issuance Up Solidly in 3Q17, but ABS Production Weakened October 6, 2017 John Bancroft The GSEs and Ginnie Mae remain the dominant forces in the MBS/ABS market. Their combined single-family issuance hit $346.98 billion in 3Q17…Read More
HMDA Results: Some Minority Groups Gained Ground in 2016 Mortgage Market, but… October 5, 2017 John Bancroft Roughly 25.6 percent of applications from blacks were denied last year, compared to 15.4 percent for whites.Read More