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Home » Authors » John Bancroft

Articles by John Bancroft

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
Paul Muolo and John Bancroft
Some investors believe servicing prices now look enticing.
Read More

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…
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Banks See Lower Mortgage Profits in 2Q16. Blame it on the Big Guys

August 8, 2016
John Bancroft
The 22 regional banks fared a lot better, reporting a combined $903.5 million of mortgage-banking income…
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A Quiet Surprise: FHFA Sets ‘Minimum Base’ G-Fee for Fannie Mae and Freddie Mac

August 4, 2016
John Bancroft
FHFA officials said the directive is not being made available to the public.
Read More

Agency MBS Production Continued to Gain Momentum in July

August 4, 2016
John Bancroft
The three agencies securitized $43.09 billion of purchase mortgages last month, a 15.3 percent increase from June.
Read More

Servicing Market Skews Further Toward Nonbanks, Midsized Shops in 2Q16; Runoff an Issue for Many

August 3, 2016
John Bancroft
Banks, thrifts and credit unions still accounted for 66.0 percent of the $7.206 trillion in single-family mortgages serviced by the top 50 companies, Inside Mortgage Finance found.
Read More

FHA Cracks the $1 Trillion Mark. New Issuance Exceeds Runoff

August 1, 2016
John Bancroft
Refinancing has been heavy this year. Ginnie MBS outstanding at the end of 2015 lost $99.51 billion of FHA loans through the first six months of 2016.
Read More

Commercial Mortgage Securitization Took a Tumble in 2Q16; Non-Agency Issuance Hits Four-Year Low

July 29, 2016
John Bancroft
Conduit deals issued in the second half of this year will benefit the most from spread tightening…
Read More
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