When it Comes to MI Volume, California Continues to Lead the Nation April 26, 2017 John Bancroft Roughly $12.50 billion of agency mortgages securitized during the first quarter with some form of primary MI were tied to Golden State properties.Read More
Nonbanks Keep Building Market Share in GSE Servicing Rights April 25, 2017 John Bancroft Nonbank mortgage firms increased their servicing portfolios by 3.0 percent during 1Q17, more than double the 1.3 percent increase in total Fannie/Freddie servicing during that period.Read More
Servicing Transfer Activity Slowed in 1Q17; Fannie’s Temporary Freeze a Factor April 24, 2017 John Bancroft Matrix Financial Services edged out Lakeview Loan Servicing as the top acquirer of servicing rights through co-issuance deals…Read More
1Q17 Non-Agency MBS Issuance Spikes 67 Percent on Heavy Deal Flow Tied to ‘S&D’ April 21, 2017 John Bancroft Although most of the major non-agency segments posted solid increases, the scratch-and-dent market was the star of the show.Read More
Agency Servicing Continues to Grow – Nonbanks Increase Holdings by Almost 22 Percent April 20, 2017 John Bancroft Nonbanks serviced $2.418 trillion of agency loans at the end of the first quarter, up 21.6 percent from a year ago…Read More
PennyMac Passes Wells Fargo to Claim Top Rank in Ginnie MBS Production in 1Q17 April 17, 2017 John Bancroft Even though PennyMac fared slightly worse than the total market, its first-quarter downturn was less severe than Wells Fargo’s.Read More
Mortgage Brokers Lost GSE Market Share in 1Q17; Lowest Reading in Six Years April 11, 2017 John Bancroft A new Inside Mortgage Trends analysis reveals that the supply of mortgages originated in the wholesale-broker market fell 42.8 percent during 1Q17…Read More
Are Nonbanks Losing Their Mojo with Fannie and Freddie? GSE Market Share Slips Again April 10, 2017 John Bancroft Single-family volume was down from the unusually high level in the fourth quarter of last year…Read More
MBS and ABS Issuance Cooled in Early 2017 as Refis Swooned April 7, 2017 John Bancroft Fannie, Freddie and Ginnie securitized $156.80 billion of refi loans during 1Q17, down 35.1 percent sequentially, according to Inside MBS & ABS.Read More
Fannie/Freddie Securitizations Tumbled 27 Percent in 1Q17, but March Showed Promise April 6, 2017 John Bancroft How much slack can the purchase market pick up? We’re about to find out…Read More