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Home » Authors » John Bancroft

John Bancroft

jbancroft@imfpubs.com
@jbancroftimf
Articles

ARTICLES

Banks Grow Portfolios of Loans Serviced for Others

November 24, 2021
John Bancroft
The banking industry grew its servicing-for-others accounts in the third quarter of 2021. Chase, Truist and Fifth Third accounted for a significant share of the industry's gain.
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Banks' Mortgage Banking Income Rebounds in 3Q21

November 24, 2021
John Bancroft
Mortgage banking income appeared to benefit from both rising gains on sale and stronger net servicing income. The top three banks reported lower earnings from mortgage banking.
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Banks Report Strong Gain in ABS Holdings During 3Q21

November 24, 2021
John Bancroft
Bank investment in auto ABS surged 19% during the third quarter, including big gains at TD Bank and KeyBank. Fifth Third and Commerce Bank also reported strong growth in total ABS. (Includes two data charts.)
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TPO Lending Gains Ground as Market Leans to Purchase

November 24, 2021
John Bancroft
Wholesale-broker production was up in the third quarter largely because the biggest lender in the channel increased its funding volume. The retail channel saw a 5% drop. (Includes six data charts.)
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Retail Takes a Hit in 3Q21, Wholesale Lending Up Slightly

November 24, 2021
John Bancroft
Wholesale-broker platforms posted the biggest increase, with volume up 1.6% to an estimated $186 billion...
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FHA/VA Market Tilts Back to Mostly Purchase Lending

November 22, 2021
John Bancroft
It was the first time that purchase-mortgage business represented the biggest source of new FHA/VA lending since the third quarter of 2019...
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FHA/VA Market Tilts Back to Mostly Purchase Lending

November 19, 2021
John Bancroft
For the first time since late 2019, purchase-mortgage endorsements exceeded new refinance loans in the FHA/VA market. And FHA narrowed the gap between the two programs. (Includes three data charts.)
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Banks Look Ready to Pick up the Slack as Fed Pulls Away

November 19, 2021
John Bancroft
The top three banks in MBS holdings: Bank of America, Wells Fargo and Charles Schwab...
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Banks Look Ready to Pick up the Slack as Fed Pulls Away

November 18, 2021
John Bancroft
Banks and thrifts increased their residential MBS holdings by $77 billion during the third quarter of 2021, continuing to favor Fannie/Freddie pass-through securities. (Includes two data charts.)
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On the Way Up: Non-Agency Loan Production

November 18, 2021
John Bancroft
The conventional-conforming market, which is dominated by Fannie Mae and Freddie Mac, accounted for 70.9% of first-lien originations through the first nine months of 2021.
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View All Articles by John Bancroft

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