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Home » Authors » John Bancroft

Articles by John Bancroft

Nonbanks Increased Agency Servicing by Almost 22 Percent in 2016

January 19, 2017
John Bancroft
Nonbank servicers have a particularly big footprint in the Ginnie market, accounting for 53.6 percent of servicing outstanding at Dec. 31…
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GSE MBS Volume Hit a 3-Year High in 2016

January 18, 2017
John Bancroft
Although heavy refinancing activity accounted for the fourth-quarter uptick in MBS issuance, 2016 was also a strong purchase-mortgage market…
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Correspondent Share of GSE Business Edged Higher in 4Q16; Brokers Slumped

January 17, 2017
John Bancroft
United Shore Financial Services was the top seller of broker loans by a wide margin, with $5.83 billion in fourth-quarter activity, more than twice its nearest competitor…
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Securitization of Private MI Loans Declined in 4Q16; Full-Year Numbers Look Good

January 12, 2017
John Bancroft
The GSE figures suggest that private MIs saw a measurable drop in new insurance written in the final three months of 2016, but ended the year with a significant increase in volume compared to 2015.
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The Final Tally: Non-Agency MBS Production Tumbled Sharply in 2016

January 12, 2017
John Bancroft
Oddly enough, the nonprime space showed some signs of life last year and hopes are high for 2017 as well…
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The Final Tally: Ginnie Mae MBS Issuance Hit a Record High in 2016; VA Soared

January 9, 2017
John Bancroft
FHA collateral still accounted for over half of Ginnie issuance, but the 2016 total was up a more subdued 8.2 percent from the previous year…
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Heavy Agency MBS Production Lifted Asset Securitization to 3-Year High in 2016

January 6, 2017
John Bancroft
In 2016, the non-agency MBS market was a dud…
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Final GSE MBS Tally for 4Q16: Just Shy of $300 Billion; Best Quarter Since 2Q13

January 5, 2017
John Bancroft
Fannie Mae’s MBS issuance in 2016 was up 23.3 percent from the previous year…
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When it Comes to Jumbo Lending, Retail Channel Dominates, By Far

December 29, 2016
John Bancroft
Wells Fargo, for example, reported that 90.7 percent of its third-quarter jumbo originations came through the retail channel…
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Both Sides of Mortgage Banking Posted Significant Profit Gains in 3Q16

December 28, 2016
John Bancroft
JPMorgan Chase was the only firm that saw a decline in production-related revenue during the third quarter…
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