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Home » Authors » John Bancroft

Articles by John Bancroft

QM ‘Patch’ Yields $133 Billion in Additional Business for Fannie/Freddie

June 25, 2015
John Bancroft
From the beginning of 2014 through the end of 1Q15, roughly 16 percent of the loans securitized by Fannie and Freddie had DTI ratios exceeding 43 percent...
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Slip Sliding Away: Home Mortgage Debt

June 24, 2015
John Bancroft
Sometimes lost in the hoopla over the rising nonbank share of mortgage servicing is that banks have fallen in and out of love with the servicing market for decades.
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GSE Buybacks Slow, Most Cases End in Seller’s Favor

June 22, 2015
John Bancroft
A relatively small – even microscopic – percentage of loans securitized by Fannie Mae and Freddie Mac in the past three years have been subject to a repurchase demand, according to a new Inside Mortgage Trends analysis.
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Supply of Residential MBS Dipped, Bank Share Expands

June 22, 2015
John Bancroft
The outstanding supply of single-family MBS declined 0.7 percent during the first quarter of 2015, according to a new Inside MBS & ABS market analysis. But that didn’t stop commercial banks from continuing to increase their holdings.
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Agency Jumbo Market Up Sharply in Early 2015

June 19, 2015
John Bancroft
Wells Fargo was the top conforming-jumbo lender in the first quarter of 2015, with $3.10 billion in such originations.
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GSE Buybacks Down Sharply in First Quarter of 2015

June 17, 2015
John Bancroft
Fannie’s repurchase volume fell 45.8 percent from the previous quarter while Freddie’s was down just 1.3 percent.
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Mortgage Securitization Rate Remains Soft in Early 2015; Banks Keep More Whole Loans?

June 12, 2015
John Bancroft
The slowdown in securitization is partly due to the lag between origination and MBS issuance, but there are other factors not related to timing...
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Home-Equity Lending Slowed in 1Q15, but Compared to a Year Ago: Wow

June 11, 2015
John Bancroft
Banks, thrifts and credit unions reported a slight uptick in the amount of unused HELOC commitments compared to the end of last year.
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Fannie/Freddie Issuance Slips in May, but Purchase Business Finally Takes Hold

June 10, 2015
John Bancroft
During May Quicken ranked second among all GSE sellers with 68.2 percent of its business going to Fannie Mae.
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The Savior of First Quarter Mortgage Earnings: Loan Originations

June 9, 2015
John Bancroft
Servicing profits were generally down in the first quarter as many companies reported negative effects resulting from interest rate volatility.
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