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
Correspondent Share of FHA Loans Nears the 49 Percent Mark November 14, 2017 John Bancroft Correspondent programs are most dominant in the FHA market, perhaps reflecting a preference among large producers to have recourse…Read More
Surprise: CMBS Has its Best Issuance Quarter Since 2Q08 November 10, 2017 John Bancroft Fannie, Freddie and Ginnie continued to dominate multifamily activity… Read More
Private MIs Gained Ground in 3Q17, but VA Shined the Most November 9, 2017 John Bancroft Arch MI remained the top private insurer in the third quarter and year-to-date, although its competitors gained some ground…Read More
Retail Still the Largest Source of Agency Loans November 7, 2017 John Bancroft Correspondents generated 38.8 percent of the market and posted the highest purchase-mortgage concentration, 77.8 percent.Read More
A Spike in Freddie MBS Issuance Helped Steady Volumes for October November 3, 2017 John Bancroft But while Fannie production slumped 11.5 percent, Freddie saw a robust 23.9 percent jump in new issuance in October…Read More
Mortgage Banking Profits Declined Slightly for Banks in 3Q17 November 3, 2017 John Bancroft Meanwhile, the indicators point to a drop in production volume for the fourth quarter…Read More
Minor Retreat for Top Tier Mortgage Servicers in 3Q17, Nonbanks Continue March Forward November 2, 2017 John Bancroft The only top-five servicer to report an increase in volume was Nationstar Mortgage...Read More