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Home » Authors » John Bancroft

Articles by John Bancroft

Jumbo Lending Slammed in 4Q, Agency and Non-Agency Alike...

March 9, 2023
John Bancroft
Led by Wells Fargo, banks held the top seven spots in the non-agency jumbo lending sector...
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FTHBs Catch a Bit of a Break, but DTIs Rise

March 6, 2023
John Bancroft
The average FTHB debt-to-income ratio rose to 40.6% in the fourth quarter...
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Public Nonbanks Struggle for Profitability in Late 2022

March 3, 2023
John Bancroft
A handful of homebuilder mortgage-banking operations helped improve an otherwise dreary fourth quarter for nonbank lenders. However, four companies have not posted year-end results. (Includes data chart.)
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Another Ugly Reading for Mortgages: February MBS Issuance Hits 18-Year Low

March 3, 2023
John Bancroft
For the sixth month in a row, Ginnie was the top agency issuer...
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Agency Single-Family MBS Tests New Lows in February

March 2, 2023
John Bancroft
Ginnie ranked as the top agency MBS issuer in February for the sixth month in a row. A tweak in the agency's RPL pooling policies helped. (Includes two data charts.)
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FHA Helps First-Timers in Struggle with Affordability

March 2, 2023
John Bancroft
The FHA gained share in the first-time buyer market during the fourth quarter even though its average loan amounts were up slightly. Rising mortgage rates led to higher debt burdens across the market. (Includes four data charts.)
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Commingle Activity Remains Limited in Second-Level MBS from GSEs

March 2, 2023
John Bancroft
FHFA's plans to reduce the fee on commingled securities from the GSEs followed another quarter with limited commingling.
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Second-Level MBS Issuance Up in 4Q22

February 27, 2023
John Bancroft
The GSEs issued $192.18 billion of Supers in the fourth quarter, a 65.5% boost from the previous period...
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Bank ABS Holdings Rose Modestly in Late 2022

February 23, 2023
John Bancroft
Bank holdings of ABS backed by auto loans and financing for businesses rose solidly in the fourth quarter, offsetting declines in consumer and credit card securitizations. (Includes two data charts.)
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Second-Level MBS Issuance Up in 4Q22, REMIC Slides

February 23, 2023
John Bancroft
Freddie Mac saw a big fourth-quarter increase in Supers issuance that appeared to make up for lost ground earlier in the year. All three agencies posted declines in new REMIC production in the fourth quarter. (Includes two data charts.)
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