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Home » Authors » John Bancroft

Articles by John Bancroft

Thanks to Refis, A Sweet Issuance Quarter for Fannie and Freddie

April 2, 2015
John Bancroft
Refinance loans accounted for over half (62.2 percent) of total GSE business during the first quarter...
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The Problem with 2014 Mortgage Profits: A Weak Return on Originations

April 1, 2015
John Bancroft
Residential originations for the group fell 45.7 percent from 2013, indicating that profit margins shrank slightly more than production volume.
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High Credit Score Mortgages Continue to Dominate GSE Lending

March 31, 2015
John Bancroft
Mid-range credit scores – from 700 to 739 – accounted for 21.3 percent of Fannie and Freddie business last year.
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Newer GSE Loans Account for Biggest Share of Unresolved Buyback Claims

March 30, 2015
John Bancroft
Mortgage companies repurchased or provided indemnification to Fannie and Freddie on some $4.046 billion of mortgages during 2014.
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Going, Going, Gone: HARP Volumes a Shadow of What They Used to Be

March 27, 2015
John Bancroft
Although HARP originations plunged by 76 percent last year, the FHFA may keep the program alive.
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Home-Equity Lending Has Its Best Year Since 2009

March 26, 2015
John Bancroft
The headline might sound promising, but keep in mind that during the housing boom of 2003 to 2007, the industry averaged nearly $340 billion a year in home-equity originations.
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Agency MBS Does Its Part: Small but Steady Growth

March 25, 2015
John Bancroft
Fannie Mae is still the most prolific author of single-family MBS, accounting for 46.6 percent of agency MBS outstanding at Dec. 31.
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Everyone Loves the Potential of Non-Agency Lending, But…

March 24, 2015
John Bancroft
Eric Rosenzweig, principal at Stone Point Capital, sees many business plans from people who want to get into the non-qualified-mortgage space.
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For the First Time Since the Financial Crisis, Mortgage Debt Rises for Two Consecutive Quarters

March 20, 2015
John Bancroft
The mortgage servicing market grew for 226 consecutive quarters from March 1951 (when the Fed started quarterly calculations) to the first quarter of 2008, when it peaked at $11.321 trillion.
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State Standards for Nonbanks Likely to Cover More Than Just Capital

March 19, 2015
John Bancroft
Although much of the discussion about nonbank servicing standards has focused on capital, the CSBS framework will cover considerably more ground than that.
Read More
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