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Home » Authors » John Bancroft

John Bancroft

jbancroft@imfpubs.com
@https://twitter.com/jbancroftimf
Articles

ARTICLES

Ginnie Mae MBS Issuance Finally Takes a Breather

March 15, 2021
John Bancroft

Fun fact: February has the fewest number of business days in the year and typically represents the low spot in seasonal housing activity. 


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GNMA MBS Issuance Takes A Breather in February 2021

March 12, 2021
John Bancroft
After hitting an all-time monthly record in January, issuance of Ginnie single-family MBS slowed modestly last month. Still, a number of top issuers managed to boost volume. (Includes two data charts.)
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A Stunner: Nonbank Share of Top-100 Nears 72%

March 12, 2021
John Bancroft

Mortgage analysts have the right to ask: Where have all the depositories gone?


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DBRS Builds RMBS Ratings Share, S&P Steady in ABS

March 11, 2021
John Bancroft
The ratings business was down in both non-agency MBS and ABS last year, and firms scrambled to maintain share in declining markets. (Includes two data charts.)
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A 4Q20 Record for ‘Conforming’ Jumbos: $114 Billion

March 11, 2021
John Bancroft

The record $114.44 billion total for Fannie, Freddie and Ginnie represented a 33.7% gain from the third quarter.


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Conforming-Jumbo Surges in 4Q20, Non-Agency Stalls

March 11, 2021
John Bancroft
Lenders sold a record $114.4 billion of conforming-jumbo loans to Fannie, Freddie and Ginnie during the fourth quarter, a 34% increase from the prior period. (Includes three data charts.)
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Nonbanks Hit New Mortgage Lending Milestone in 4Q20

March 11, 2021
John Bancroft
Nonbanks accounted for a record 71.7% of the $965 billion of home loans produced by the top 100 lenders in the fourth quarter. (Includes two data charts.)
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Bank Repurchases Down in 4Q20, GNMA Buyouts Too

March 10, 2021
John Bancroft

In 4Q20, Chase and Popular returned to more normal levels while repurchases at Wells remained somewhat elevated...


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Banks Trimmed Their MSR Holdings by 12% in 2020

March 8, 2021
John Bancroft

The irony: As banks trimmed their holdings, mortgage servicing rights increased in value...


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TPO Channels Rebound in 4Q20 Jumbo, Government

March 5, 2021
John Bancroft
Retail production continued to gain market share in conventional-conforming lending, the biggest mortgage sector, but correspondent and broker share rose in the government and jumbo markets. (Includes two data charts.)
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