Wholesale-Broker Production Suffers the Most in 4Q16, Down 6.7 Percent February 23, 2017 John Bancroft Caliber Home Loans climbed into second place in the wholesale-broker market thanks to a huge 63.7 percent gain in annual funding volume.Read More
Banks Increase MBS Holdings – Went on a Buying Spree of Ginnie Mae Product in 4Q16 February 21, 2017 John Bancroft Bank holdings of Fannie Mae and Freddie Mac pass-through securities were up a more modest 0.6 percent from the third quarter…Read More
Private MIs Expanded Market Share in 2016 Despite a Surge from the VA Guaranty Program February 17, 2017 John Bancroft Most of the gain in private MI market share came at the expense of the FHA program…Read More
Inching Up Ever So Slightly: The Percentage of GSE Loans With Lower Credit Scores February 14, 2017 John Bancroft The apparent easing of credit terms in the Fannie/Freddie market has been moving at a glacial pace…Read More
Are GSE Loan Sellers Finally Easing up on Credit Standards? February 13, 2017 John Bancroft In the purchase market, GSE sellers appeared to reach to qualify more borrowers…Read More
Mortgage Securitization Rate Near Record-Low in 2016 February 9, 2017 John Bancroft Blame the whole loan-hungry megabanks for the low mortgage securitization rate?Read More
Government-Insured Originations Hit All-Time High in 2016, but Fell Off in 4Q16 February 9, 2017 John Bancroft It doesn’t get any better than this: Ginnie Mae production hit a record $545 billion in 2016…Read More
Agency MBS Issuance Tumbles by Almost 16 Percent in January February 3, 2017 John Bancroft Fannie Mae saw the biggest drop in refi volume, a 30.2 percent decline from December…Read More
Depositories Experienced a Sharp Drop in Mortgage Banking Income in 4Q16 February 1, 2017 John Bancroft In many cases, the fourth quarter drop was due to poor performance on servicing hedges.Read More
No Sign of Slowing Down: Nonbank Share of Top 50 Servicers Keeps Growing February 1, 2017 John Bancroft A fun fact for nonbanks: Depository institutions among the top 50 servicers reduced their holdings by 1.2 percent during the same period.Read More