John Bancroft

Nonbanks Expand Footprint in GSE Sales and Servicing

December 18, 2020

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.)

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.

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.)

Agency Delinquency Rates Ease; New Wave Forming

December 17, 2020

John Bancroft

Fannie Mae, Freddie Mac and Ginnie Mae reported improvement in loan-performance rates in November. But early-payment defaults were up. (Includes data chart.)

Home-Equity Lending Perks Up in 3Q20, Supply Shrinks

December 17, 2020

John Bancroft

New funding of home-equity loans rose in the third quarter as borrowers tapped into existing accounts, but banks generally shrank from writing new HELOC commitments. (Includes three data charts.)

Big GSE Surge Powers 3Q20 Growth in Servicing Market

December 17, 2020

John Bancroft

Banks continued to retreat from the business of servicing home loans for other investors as nonbanks increased their MBS servicing by 6.6% in the third quarter. (Includes two data charts.)

An Unexpected Rise in Home-Equity Lending During 3Q20

December 16, 2020

John Bancroft

Call-report data analyzed by Inside Mortgage Finance show that banks, thrifts and credit unions housed $371.4 billion of HELOCs on their balance sheets, down 3.1% from the second quarter.

Ginnie Single-Family MBS Issuance Slows in November

December 15, 2020

John Bancroft

November issuance was down 0.2% from October mostly because of weakening purchase-mortgage securitization, which fell 5.0% on a monthly basis.

Ginnie 1-Fam MBS Business Edges Lower in November, Refi Up

December 11, 2020

John Bancroft

Freedom Mortgage and PennyMac remained the top Ginnie MBS issuers in November, though their monthly production was down slightly. Quicken and Lakeview gained ground. (Includes two data charts.)

REITs in Recovery on MBS Investments? Getting There, Slowly...

December 10, 2020

John Bancroft

Financial turbulence forced REITs to sell off their MBS holdings in March as the pandemic cratered economies around the world.

John Bancroft

ARTICLES

Nonbanks Expand Footprint in GSE Sales and Servicing

Trouble Ahead as 30-Day Delinquencies Rise on Agencies

Plenty of Buyers for Growing Agency MBS Supply in 3Q20

Agency Delinquency Rates Ease; New Wave Forming

Home-Equity Lending Perks Up in 3Q20, Supply Shrinks

Big GSE Surge Powers 3Q20 Growth in Servicing Market

An Unexpected Rise in Home-Equity Lending During 3Q20

Ginnie Single-Family MBS Issuance Slows in November

Ginnie 1-Fam MBS Business Edges Lower in November, Refi Up

REITs in Recovery on MBS Investments? Getting There, Slowly...

Latest Imf News

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Featured Data

Top Ginnie Servicers Increase Portfolios in Third Quarter

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Resets Drive CLO/CDO Issuance Higher in 3Q

Originations Tumble 16% in Third Quarter

Featured Reports

Mortgage Profitability Report 2Q26 (PDF)

Guide to Mortgage Lending to First-Time Homebuyers

Mortgage Servicing Rights Report: 2Q26 (PDF)

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Featured Poll

As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?