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Home » Authors » John Bancroft

Articles by John Bancroft

In 4Q15, Jumbo Market Held Up Better Than GSE and FHA Lending

February 11, 2016
John Bancroft
Bernie Sanders' worst nightmare: not much of a slowdown in the rich taking out jumbo loans...
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The Final Tally on Mortgage Income at Banks: 4Q Not-so-Good; Full Year Better

February 10, 2016
John Bancroft
Most of the decline came among the largest banks, with many regionals turning in stronger results in the fourth quarter…
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GSE MBS Production Slipped in January. A TRID ‘Ice Patch’?

February 9, 2016
John Bancroft
MBS issuance rebounded in December, with Fannie/Freddie production rising 17.7 percent. In other words, had TRID not caused a December bump in GSE business, January could have looked better than it did.
Read More

Finally, Signs of Credit Loosening in the GSE Market

February 8, 2016
John Bancroft
In the fourth quarter, 20.3 percent of refi loans sold to the GSEs were in the low-score category, the highest level for the year.
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Issuance of Agency MBS Down Slightly in January; But Ginnie Production Rises

February 5, 2016
John Bancroft
Ginnie Mae even posted a 5.6 percent increase in refinance loan securitizations...
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How Many Seller-Servicers Will Actually Use the GSEs’ New ‘Loser-Pay’ Dispute Resolution Process?

February 5, 2016
John Bancroft and Carisa Chappell
Colonial National Mortgage was a beta site for the IDR and Allen Maulsby, executive vice president of the bank, said the IDR process is very “legalistic…”
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Residential Servicing Ready to Surpass the $10 Trillion Mark (Again)?

February 4, 2016
John Bancroft
But there is this caveat: the steady growth of the top 50 servicers is in bold contrast to the industry’s top tier. Wells Fargo, Chase and Bank of America all reported shrinkage in their servicing businesses in 2015.
Read More

Slow Growth for Ginnie Mae Servicing in 2015, Lower Delinquencies

February 1, 2016
John Bancroft
However, the VA market grew more than the FHA market last year, up 13.5 percent from the end of 2014…
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Income-Property MBS Hit Post-Crash High in 2015; GSE, Ginnie Mae Multifamily Shine

January 29, 2016
John Bancroft
All three agencies posted big increases in multifamily MBS issuance last year, with Freddie (up 65.4 percent) and Fannie (up 36.4 percent) leading the way…
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The Final Word on 2015 Originations: $1.735 Trillion, Much Better Than Most Expected

January 28, 2016
John Bancroft
What's going on with the megabanks? The origination market continued to de-consolidate and tilt toward nonbank lenders...
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