John Bancroft

GSEs Lift Agency MBS to Another Monthly Record

December 3, 2020

The agency MBS market is on track to securitize over $2 trillion of refinance loans and $1 trillion of purchase mortgages in 2020. Nonbanks accounted for over 70% of new issuance in recent months. (Includes two data charts.)

First-Timers Lose Ground in 3Q20 Purchase-Loan Market

December 3, 2020

John Bancroft

The GSEs saw an increase in the first-timer share of their purchase-mortgage business, while government loan programs lost ground. (Includes five data charts.)

In 3Q20, Refis Dominated but Purchase-Lending Was No Slouch

December 3, 2020

John Bancroft

UWM reported a 69.2% jump in refi volume, while PennyMac, Freedom Mortgage, loanDepot, Mr. Cooper Group and NewRez all increased their market share as well.

Agency MBS Issuance Surges Higher in November, New Records for Fannie and Freddie

December 2, 2020

John Bancroft

Ginnie Mae single-family MBS issuance fell slightly from October but remained at near record levels. All told, the three agencies pumped out nearly $355 billion last month, a 5% gain from October.

With Refis Rolling, VA Production Edges Out FHA Once Again

November 29, 2020

John Bancroft

The top three VA originators in 3Q20: Freedom Mortgage, Quicken Loans and Veterans United Home Loans...

VA Edges Further Ahead of FHA in 3Q20

November 25, 2020

John Bancroft

Freedom Mortgage ranked as the top FHA lender and the top VA lender at the nine-month mark, though the competition was catching up on the VA side. (Includes three data charts.)

TPO Market Makes a Rebound in 3Q20, But Retail Still Reigns

November 25, 2020

John Bancroft

The primary market looked a little more like normal in the third quarter, with correspondents and mortgage brokers regaining some ground. Traditional retail still accounted for an historically large share of production. (Includes six data charts.)

Bank ABS Holdings Down in 3Q20, Card Sector Off

November 25, 2020

John Bancroft

The top five bank investors in the ABS market all reported substantial declines in their holdings during the third quarter. One bright spot was investment in the surging consumer ABS market. (Includes two data charts.)

Capital Markets Flex Their Muscles in 3Q20 Mortgage Boom

November 25, 2020

John Bancroft

Fed by massive originations of agency-eligible mortgages, the securitization rate rose 5.1 percentage points to 80.4% in the third quarter of 2020. That's the highest it's been since 2013. (Includes data chart.)

A Big Comeback for Wholesale and Correspondent Lending in 3Q20

November 25, 2020

John Bancroft

The top-five retail mortgage lenders year-to-date: Quicken, Wells Fargo, Chase, Freedom Mortgage and BofA...

John Bancroft

ARTICLES

GSEs Lift Agency MBS to Another Monthly Record

First-Timers Lose Ground in 3Q20 Purchase-Loan Market

In 3Q20, Refis Dominated but Purchase-Lending Was No Slouch

Agency MBS Issuance Surges Higher in November, New Records for Fannie and Freddie

With Refis Rolling, VA Production Edges Out FHA Once Again

VA Edges Further Ahead of FHA in 3Q20

TPO Market Makes a Rebound in 3Q20, But Retail Still Reigns

Bank ABS Holdings Down in 3Q20, Card Sector Off

Capital Markets Flex Their Muscles in 3Q20 Mortgage Boom

A Big Comeback for Wholesale and Correspondent Lending in 3Q20

Latest Imf News

Servicing Portfolios Decline at Rocket, Chase in 3Q

Onity Adjusting MSR Acquisition Strategy, Subservicing

Ending GSE Conservatorship by 2028 Looks Unlikely

Consumer Advocates Seek Stronger Regulation of HEIs

Featured Data

Top Ginnie Servicers Increase Portfolios in Third Quarter

Major Lenders Pull Back on ECM MBS in 3Q

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)

Lender Profiles 2Q26: Top 25 (PDF)

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?