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Home » Authors » John Bancroft

Articles by John Bancroft

The Love Affair Continues: Bank Holdings of MBS Hit a New High in June. GSE Paper Leads the Way

August 19, 2016
John Bancroft
Depositories also added to their Ginnie Mae pass-through investments, but by only 0.7 percent…
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All Production Cylinders Firing in 2Q16 but Conventional Lending Increased the Most

August 18, 2016
John Bancroft
Some 61.0 percent of loans securitized by Ginnie Mae in the first half of 2016 were purchase mortgages, compared to 46.2 percent for Fannie Mae and Freddie Mac…
Read More

Short Takes: Freedom, Now the Big Kahuna of FHA & VA / Quite an FHA Decline for BofA / Job Cuts at Ditech / Bad Timing / A New Subprime MBS?

August 18, 2016
John Bancroft and Paul Muolo
Will the last megabank left in the FHA market please turn off the light...
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FHA Endorsements Increase on Purchase Activity in Second Quarter

August 15, 2016
John Bancroft
The FHA endorsed a total of $61.54 billion of forward mortgages during the second quarter, according to a new Inside FHA/VA Lending analysis and ranking.
Read More

Fannie Could Issue More than $20.0 Billion in MBS Backed by Modified Mortgages

August 15, 2016
John Bancroft
Fannie Mae recently released performance data covering some $70.0 billion of outstanding modified loans as well as $60.0 billion of modified loans that have either re-defaulted or paid down.
Read More

The Mandate Continues: GSE Mortgage Portfolios Down to $637 Billion

August 11, 2016
John Bancroft
The GSEs have reduced their holdings of subprime MBS to just $17.5 billion.
Read More

New MI Has a Stellar Spring, Setting New Business Records in a Booming Market

August 11, 2016
John Bancroft
All seven of the nation’s active MIs reported hefty increases in flow volume…
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Short Takes: VA 2Q Loan Volume at $48 Billion / Hedge Funds See Bargains in Servicing Rights? / Bill Erbey Continues to Sell Shares / Michigan Mutual’s New Hire

August 11, 2016
John Bancroft and Paul Muolo
Some investors believe servicing prices now look enticing.
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GSE Credit Box Hardly Budged in 2Q16

August 10, 2016
John Bancroft
The share of refi loans with scores of 740 or higher edged up from 57.8 percent in the first quarter to 61.6 percent in the second.
Read More

July Brings a Surge in New GSE Business, Thanks to Strong Purchase Market

August 9, 2016
John Bancroft
Of the two GSEs, Freddie Mac had the bigger monthly increase at 17.1 percent…
Read More
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