Home » Authors » John Bancroft

John Bancroft

jbancroft@imfpubs.com

@https://twitter.com/jbancroftimf

Articles

ARTICLES

VA Share Hits a Jaw-dropping 60% of Government Market

May 24, 2021

John Bancroft

Back in 2015, the mix was reversed: FHA accounted for 60% of the FHA/VA market.

VA Footprint Expands in 1Q21 Government Lending

May 21, 2021

John Bancroft

Both FHA and VA saw sharp declines in purchase-money endorsements in the first quarter, and the FHA actually posted a bigger gain in refinance business. (Includes three data charts.)

Bank MBS Demand Spikes in 1Q21, BofA Sets the Pace

May 21, 2021

John Bancroft

Banks may have ceded the origination business to nondepositories, but they sure love the end product: MBS.

Bank MBS Demand Surges in 1Q21, BofA Sets the Pace

May 20, 2021

John Bancroft

Banks increased their holdings of Fannie/Freddie pass-throughs by $176 billion in the first quarter, while shrinking their Ginnie MBS holdings. Bank of America boosted its Fannie/Freddie portfolio by $85 billion. (Includes two data charts.)

Jumbo Leads Broad Gain in 1Q21 Mortgage Originations

May 20, 2021

John Bancroft

The conventional-conforming sector still dominated first-lien originations, accounting for 73% of the market in early 2021. But jumbo posted the biggest gain from the fourth quarter. (Includes two data charts.)

Jumbos Gain but Not In the Market Share Category

May 20, 2021

John Bancroft

Although total conventional-conforming production was up, the top four lenders in the market all reported slowing volume.

Fannie/Freddie Single-Family Business Sets Monthly Record in April

May 18, 2021

John Bancroft

On the rise: cash-window purchases...

CLO Market Off to Roaring Start in 2021, Reason: Refis

May 17, 2021

John Bancroft

Refinance and restructuring of previously issued deals accounted for 62.8% of first-quarter CLO and CDO issuance. A total of $47.94 billion of such deals hit the market...

GSE 1-Family Business Sets Monthly Record in April

May 14, 2021

John Bancroft

Freddie posted a huge 20% increase in single-family MBS issuance last month, fueled by big gains at its cash window. Fannie volume was up a more subdued 3% from March. (Includes two data charts.)

Nonbank Earnings Soften in 1Q21 as Margins Narrow

May 14, 2021

John Bancroft

Most publicly traded nonbanks saw declines in origination gain-on-sale margins in the first quarter as the market evolved toward normalcy. Several companies offset declining production income with better performance on servicing. (Includes data chart.)

View All Articles by John Bancroft