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Home » Authors » John Bancroft

John Bancroft

jbancroft@imfpubs.com
@jbancroftimf
Articles

ARTICLES

Nonbanks Extend Footprint in Agency MBS Servicing

January 14, 2021
John Bancroft
Freddie Mac saw the biggest gain in agency MSR during the fourth quarter, fueled by a hefty 18% increase by independent mortgage companies. Ginnie servicing fell slightly despite growth among nonbanks. (Includes two data charts.)
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The Golden State’s Share of PMI Grew in 4Q20

January 13, 2021
John Bancroft

The Golden State remained the largest source of insured agency business, accounting for 13.2% of the total market.


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Nonbank (Agency) MSR Market Share Hits a Record 56%

January 13, 2021
John Bancroft

Depository institutions saw their combined agency servicing shrink 2.5% from the third to the fourth quarter, squeezing their share of the market to 42.2%.


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Ginnie Buyouts Drive Bank Repurchases Higher

January 12, 2021
John Bancroft

JPMorgan Chase topped the ranking with $413 million in repurchases for the third quarter...


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MBS/ABS Issuance Swells to $3.6 Trillion in 2020

January 11, 2021
John Bancroft

The rock-bottom interest rates had substantially less impact elsewhere in the structured-finance market...


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Low-Risk Mortgages Continue to Rule the GSE Roost

January 10, 2021
John Bancroft

When lending volume slows, the share of higher-risk loans typically grows as well...


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Nonbanks Power GSEs to New MBS Records in 2020

January 8, 2021
John Bancroft
Independent mortgage bankers accounted for a stunning 70% of single-family loans securitized by Fannie and Freddie during the fourth quarter. In a record-smashing year for both GSEs, Freddie boosted its share of the market. (Includes two data charts.)
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California's Share of MI Business Grew in 4Q20

January 8, 2021
John Bancroft
Private mortgage insurance provided most of the coverage for purchase loans securitized in the fourth quarter, while VA was the top guarantor of agency refi loans. (Includes data chart.)
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GSE Market Skews Further to Low-Risk Loans in 4Q20

January 8, 2021
John Bancroft
With consumer demand peaking at historic levels in the fourth quarter, the share of higher-risk loans sold to Fannie and Freddie continued to decline. (Includes two data charts.)
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GNMA Buyouts Drive Bank Repurchases Higher in 3Q20

January 8, 2021
John Bancroft
Commercial banks and thrifts reported over $1 billion of mortgage repurchases during the third quarter. (Includes data chart.)
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View All Articles by John Bancroft

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