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Home » Authors » John Bancroft

Articles by John Bancroft

GSE Loan Repurchase Activity Fell to Record Low in 1Q16

June 27, 2016
John Bancroft
Actual repurchases or replacements were substantially below the $541.8 million in buyback requests that were withdrawn by the GSEs during the first quarter…
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Single-Security Transition Could Become Model for Figuring Out Future of GSE ‘Legacy’ MBS

June 24, 2016
John Bancroft
In fact, the transition to a new GSE single security that’s scheduled to start in 2018 could become a test run of sorts for the even bigger changes ahead…
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The Final Jumbo Tally for 1Q16: Just a Shade Over $100 Billion, Including GSE Loans

June 22, 2016
John Bancroft
There is a fighting chance that agency high-cost limits could go up in 2017.
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MBS Outstanding Holds Steady; Foreign Buyers, Pension Funds Boost Holdings

June 17, 2016
John Bancroft
Ginnie Mae officials often tout the popularity of their MBS in Asian and other overseas markets…
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Mortgage Debt Outstanding Hits $10 Trillion Mark for the First Time Since 2012

June 16, 2016
John Bancroft
The residential servicing market is a slow-changing glacier…
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The Final Tally: Production, Servicing Profits Fade in 1Q16

June 15, 2016
John Bancroft
The 12 firms reported a combined $700.6 million in earnings from their servicing operations, a 1.2 percent decline from the fourth quarter…
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A Trend Continues: Depositories Trim Non-Mortgage ABS Holdings

June 15, 2016
John Bancroft
It was the ninth consecutive quarterly decline in bank ABS investment since the end of 2013…
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Surge in Purchase Activity Drives GSE Business Higher in May

June 13, 2016
John Bancroft
Fannie Mae and Freddie Mac produced $73.23 billion of single-family mortgage-backed securities in May, a solid 6.3 percent increase from April, according to a new ranking and analysis by Inside The GSEs.
Read More

Banks Still Backpedaling Away From MSR Business, Valuations Face Sharp Decline

June 13, 2016
John Bancroft
The banking industry still hasn’t touched bottom in its years-long retreat from the mortgage servicing rights business.
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Home-Equity Lending Declines in First Quarter, Unused HELOC Commitments Increase

June 10, 2016
John Bancroft
New home-equity originations on home-equity lines of credit and closed-end second mortgages fell by 6.3 percent from the fourth quarter to an estimated $45.0 billion. However, that was up 18.4 percent from the first quarter of last year.
Read More
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