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Home » Authors » John Bancroft

Articles by John Bancroft

Agency MBS Issuance Up Again in August – Six Straight Months of Increases

September 9, 2016
John Bancroft
Fannie, Freddie and Ginnie issued a combined $138.25 billion of single-family MBS in August, their strongest aggregate monthly output since July 2013.
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Surge in Purchase-Mortgage Lending Fueled 2Q16 Production Boom

September 8, 2016
John Bancroft
-The average credit score for purchase mortgages securitized by Fannie Mae, Freddie Mac and Ginnie Mae during the second quarter was 722.8, down a few points from the first quarter.
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Bank MSR Holdings Fall Below $4 Trillion. Is $3 Trillion Next?

September 6, 2016
John Bancroft
Only two of the top 10 banks as ranked by “servicing for others” have been in growth mode: PNC Bank and SunTrust.
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Going, Going but Not Quite Gone: GSE Buyback Demands

September 2, 2016
John Bancroft
The GSE buyback total was down 20.6 percent from the first quarter…
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REIT MBS Holdings Up Modestly in 2Q16, but…

August 29, 2016
John Bancroft
Annaly Capital Management remained the top REIT MBS investor despite an 0.8 percent drop in its portfolio.
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Mortgage Securitization Rate Drifts Slightly Lower in 2Q16, Remains Well Below Post-Crash High

August 26, 2016
John Bancroft
Fannie Mae and Freddie Mac are seeing some competition for eligible mortgages from portfolio lenders…
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Retail Market Share Hits a Two-Year High

August 25, 2016
John Bancroft
The wholesale-broker market held its ground, maintaining a 10.0 percent share of new originations, Inside Mortgage Finance found.
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The Final Tally: Nonbanks Battered by MSR Accounting in 2Q16

August 23, 2016
John Bancroft
Nine nonbanks reported a combined net loss of $339.5 million on mortgage-banking activity for 2Q16, but that was actually an improvement...
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Fannie Reclaims (Some of the) Share it Lost in First-Time Homebuyer Market

August 22, 2016
John Bancroft
By itself, the FHA insured 37.1 percent of first-timer business in the first half of 2016…
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Call Reports Show Modest Increase in Mortgage-Banking Income for 2Q16

August 22, 2016
John Bancroft
The call-report data pose an interesting, and contrary, view of the banking industry’s mortgage-banking activity during the second quarter…
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