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Home » Authors » John Bancroft

Articles by John Bancroft

Home-Equity Lending Softened Slightly in 3Q16 as Refis Surged

December 15, 2016
John Bancroft
Bank of America once again ranked first as the top home-equity lender in the nation, although its production fell 17.7 percent…
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More on the New GSE Scorecard: No Huge Changes in Marching Orders for 2017, But...

December 15, 2016
John Bancroft
Some good news: the FHFA did not mention servicing compensation in the new "Scorecard."
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An Odd November: Fannie Mae MBS Issuance Falls, Freddie Mac’s Increases

December 14, 2016
John Bancroft
Chase, which often has wide swings in its monthly GSE activity, increased its Freddie issuance by 46.1 percent from October to November, while reducing its Fannie activity by 2.5 percent.
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GSE Buybacks Spiked Upwards in 3Q16. The Reason: The Ghost of Countrywide

December 12, 2016
John Bancroft
Fannie Mae largely closed the books on legacy buyback issues last year…
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Solid Growth in Outstanding 1-Family MBS During 3Q16; Strong Demand from Investors

December 9, 2016
John Bancroft
The Federal Reserve continues to be the largest investor in the MBS market, though it has long since stopped growing its portfolio…
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Agency Jumbo Production Outpaced ‘Traditional’ Jumbo Originations in 3Q16

December 7, 2016
John Bancroft
The third quarter saw a sharp increase in refinance originations that appeared to give a bigger boost to government and conventional-conforming production than the jumbo market got.
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Agency MBS Production Slowed in November. Fannie Issuance Down Sharply

December 2, 2016
John Bancroft
Freddie Mac posted a 45.9 percent market share for November – 10.2 percentage points higher than in the previous month…
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Refis Fueled 3Q16 Originations, but Purchase Business Remained Robust

December 1, 2016
John Bancroft
One notable change in the market over the past three years has been the gradual increase in cash-out refi lending.
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GSE Single-Family Business Slumped in October, Credit Box Unchanged

November 30, 2016
John Bancroft
Expanding the credit box will be a major theme in the GSEs’ priorities for 2017, according to the FHFA.
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Bank Holdings of Non-Mortgage ABS Continued to Fade, But the Market Itself Stalled in 3Q16

November 30, 2016
John Bancroft
The ABS market itself shrank slightly during the third quarter, according to data reported by the Securities Industry and Finance Markets Association...
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