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Home » Authors » John Bancroft

Articles by John Bancroft

In 2Q17, Correspondent Channel Held Up in a Shifting FHA/VA Market

August 9, 2017
John Bancroft
Brokers saw the biggest increase in FHA business, with volume up 14.5 percent…
Read More

Red Hot Housing: July MBS Total the Largest Monthly Purchase-Mortgage Volume Since Loan-Level Data Became Available

August 4, 2017
John Bancroft
Freddie’s purchase-mortgage business soared 17.1 percent from June to July, while Fannie’s was up 9.0 percent…
Read More

And the Beat Goes On: Nonbanks Keep Stealing MSR Market Share from Depositories

August 3, 2017
John Bancroft
Mortgage REIT New Residential posted a stunning 40.1 percent sequential growth rate in its MSR portfolio, according to Inside Mortgage Finance.
Read More

Mortgage Banking Profits Up for Depositories in 2Q17

August 2, 2017
John Bancroft
Bank of America reported $230.0 million in combined second-quarter mortgage-banking income, a hefty 88.5 percent increase from the previous period.
Read More

Commercial Mortgage Securitizations Post Solid Gains in 2Q17

August 1, 2017
John Bancroft
The biggest surge was in non-agency securitization of mortgages on hotels and other lodging properties, which jumped 88.7 percent from the first quarter.
Read More

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…
Read More

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…
Read More

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.
Read More

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...
Read More

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.
Read More
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