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Home » Authors » John Bancroft

John Bancroft

jbancroft@imfpubs.com
@jbancroftimf
Articles

ARTICLES

DBRS, S&P Lead Ratings Market at Nine-Month Mark

December 31, 2020
John Bancroft

Kroll Bond Rating Service had a strong year over the first nine months of 2020, with a 12.4% increase in business from the same period in 2019...


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Correspondent and Broker Channels Regain Some Share of FHA/VA Market

December 28, 2020
John Bancroft

FHA/VA originations through the correspondent channel increased by 48.5% during the third quarter, bringing the channel's market share to 31.3%.


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TPO Channels Claw Back Market Share in 3Q20

December 23, 2020
John Bancroft
Volume was up more in correspondent and wholesale-broker platforms, but retail continued to account for just over half of government-insured lending in the third quarter.
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TPO Channels Pick Up Share in Stellar 3Q20 Agency Market

December 23, 2020
John Bancroft

The figures come from a variety of lenders that generated $570.6 billion of home loans during the third quarter, roughly half the market.


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No Worries At All: Plenty of Buyers for Agency MBS

December 22, 2020
John Bancroft

The combined market for Fannie and Freddie single-family MBS grew 3.7% in the third quarter and a hefty 9.5% over the past year.


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TPO Channels Gain Ground in 3Q20 Agency Market

December 18, 2020
John Bancroft
Correspondents increased their share in the conventional-conforming and government markets, as did wholesale-broker platforms. But TPO production was nearly shut out of the jumbo market. (Includes two data charts.)
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Banks Report 3Q20 Bonanza in Originations, Loan Sales

December 18, 2020
John Bancroft
Retail originations by banks' mortgage banking operations rose to the highest level in seven years but they understate total lending by the industry. (Includes two data charts.)
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Nonbanks Expand Footprint in GSE Sales and Servicing

December 18, 2020
John Bancroft
Nonbank sellers accounted for 63.9% of single-family mortgages pooled in Fannie and Freddie MBS during the first 11 months of 2020, raising their share of the GSE market by nearly 10 percentage points. (Includes two data charts.)
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Trouble Ahead as 30-Day Delinquencies Rise on Agencies

December 17, 2020
John Bancroft

Although early-payment delinquency rates were up across the board, they remained significantly lower than six months ago.


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Plenty of Buyers for Growing Agency MBS Supply in 3Q20

December 17, 2020
John Bancroft
Commercial banks, savings institutions, credit unions and the Federal Reserve continued to buy agency MBS during the third quarter. Fannie and Freddie drove a 2.2% increase in residential MBS outstanding. (Includes two data charts.)
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View All Articles by John Bancroft

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