Final Tally: Bank Loan Sales Fell in 4Q16; A Weak Year Overall April 4, 2016 John Bancroft The link between loan sales and mortgage-banking income can be squishy…Read More
New GSE High-LTV Program Will Not be an Option for Existing HARP Borrowers March 31, 2016 John Bancroft Except for 2012, the biggest year in program activity, most of the loans originated under HARP had rates above today’s levels.Read More
Mortgage Securitization Rate Nudged Higher in 2015, But Below Post-Crisis Norm March 24, 2016 John Bancroft An estimated $1.21 trillion of newly-originated home loans were pooled in mortgage securities last year.Read More
Mortgage Debt Rising Again, but Falls Just Short of the $10 Trillion Mark March 24, 2016 John Bancroft The GSEs’ retained portfolios are shrinking, but whole-loan investments held by banks and credit unions are not.Read More
GSE Seller Buybacks Fall to Record Low in Late 2015 March 21, 2016 John Bancroft The improved R&W framework has been a big plus for GSE sellers...Read More
MBS Inventory Creeped Higher in Late 2015, No Shortage of Investors March 18, 2016 John Bancroft There are two sides to the story. A year from now, the agency MBS market could reach the $6.0 trillion mark...Read More
Home-Equity Lending Up Solidly in 2015, but Balances Wane March 17, 2016 John Bancroft Home-equity originations declined by a modest 3.0 percent from the third to the fourth quarter...Read More
Banks Continue Their Retreat from Non-Mortgage ABS March 11, 2016 John Bancroft The supply of outstanding ABS itself fell slightly in the fourth quarter, down 2.3 percent to $704.91 billion...Read More
Despite Slump in ‘Conforming-Jumbo’ Market, Big-Ticket Mortgages Fared Well in Late 2015 March 9, 2016 John Bancroft Refinance activity was heavy in the first half of 2015, and jumbo borrowers typically have more to gain by pulling the refi trigger. Read More
Depositories Continue to Dump Servicing Rights; But How Much More Can Nonbanks Handle? March 9, 2016 John Bancroft In some quarters, experts wonder how much more nonbanks can grow given capital concerns and interest rate volatility.Read More