Mortgage REIT Holdings of Residential MBS Fell Slightly in 4Q16 February 28, 2017 John Bancroft Annaly padded its lead as the top REIT MBS investor, thanks, in part, to its acquisition of Hatteras Financial in the third quarter of 2016…Read More
GSE Seller Buybacks Tumbled to Record Low in 4Q16 February 27, 2017 John Bancroft For the full year, GSE seller repurchases totaled just $1.101 billion, a record annual low…Read More
Creeping Upward: The Debt Burden of FHA and VA Borrowers February 24, 2017 John Bancroft Average credit scores in the FHA program drifted slightly lower, while climbing 1.9 points for VA loans.Read More
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