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Home » Authors » John Bancroft

Articles by John Bancroft

A Milestone: Non-Agency MBS Issuance Neared a Post-Crash High in 2015

January 15, 2016
John Bancroft
Prime jumbo MBS issuance rebounded from a soft 2014 with $12.08 billion in issuance, a 25.4 percent gain.
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Fannie/Freddie Business with Private MI Fell in 4Q; A Shift to FHA/VA?

January 14, 2016
John Bancroft
However, for all of 2015, private MI volume in Fannie/Freddie MBS was up 25.2 percent from 2014...
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Nonbank Share of GSE Business Approaching the 50 Percent Mark

January 12, 2016
John Bancroft
Quicken Loans, ranked second overall in GSE loan deliveries last year, growing its business by 32.2 percent…
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In a Fading 4Q Market, Lenders Lean More on Correspondent and Wholesale Channels

January 11, 2016
John Bancroft
While nonbank residential lenders lean a little more on TPO channels, banks are still the driving force in the correspondent market…
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A Solid Year for MBS/ABS Issuance, Though Volume Faded at Yearend; A New Record for Ginnie Mae

January 8, 2016
John Bancroft
Residential lenders issued a record $435.8 billion of Ginnie Mae securities in 2015, according to Inside MBS & ABS, a handsome 47 percent increase from the prior year.
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Fannie/Freddie MBS Issuance Down Sharply in 4Q; Full Year Numbers Strong

January 7, 2016
John Bancroft
Freddie managed a bigger annual increase over 2014 levels than Fannie did, thanks in part to its more active program in securitizing seasoned loans.
Read More

Behind the GSE Risk-Share Goals: Why Next Year’s Activity Could Turn out to be Less

December 29, 2015
John Bancroft
In 2015, the two GSEs sold credit risk on about $407 billion of UPB through their back-end risk-transfer programs. The actual amount of credit risk transferred was $12.6 billion.
Read More

Will Ginnie Mae Pass Freddie Mac in MBS Outstanding?

December 23, 2015
John Bancroft
Ginnie Mae production topped Freddie Mac’s issuance in 2014 and was comfortably ahead after the first 11 months of this year.
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Group of 13 Major Mortgage Firms Posted Weak Production and Servicing Results

December 21, 2015
John Bancroft
The group’s combined production-related income fell a lot more than their actual origination volume, which was down 5.8 percent from the second quarter...
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Servicing Market Posts Rare Second Straight Quarterly Gain, Nonbanks Keep Marching On

December 18, 2015
John Bancroft
The Ginnie Mae share of total mortgage debt outstanding hit a record 15.2 percent at September 30, according to exclusive survey figures from Inside Mortgage Finance...
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