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Home » Authors » John Bancroft

Articles by John Bancroft

Private MI Industry on a Roll: Market Share Surging, Profits Still Climbing

August 10, 2017
John Bancroft
During the second quarter, VA endorsements of streamlined refi loans fell a whopping 52.9 percent…
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Mortgage REITs Boost MBS Investments During 2Q17, Show Healthy Appetite for Risk-Transfer Deals

August 10, 2017
John Bancroft
Annaly Capital Management remained the largest MBS investor in the group, accounting for 32.2 percent of the market…
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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…
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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…
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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.
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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.
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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.
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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…
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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…
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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
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