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John Bancroft

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Fannie Regains Some Share as GSEs Set Monthly High

September 11, 2020

Fannie Mae and Freddie Mac issued a record $249 billion of single-family MBS in August while continuing to grow their share of the mortgage market. (Includes two data charts.)

Lenders Reap Huge Earnings on Production and Secondary

September 11, 2020

John Bancroft

Mortgage bankers posted huge profits from their loan origination and secondary marketing activities during the second quarter of 2020. Servicing, not so much. (Includes data chart.)

Banks Mark MSR Values to Lowest Level Since 2012

September 11, 2020

John Bancroft

The banking industry's aggregate portfolio of servicing for others was down slightly in the second quarter, although the top five players shed a combined $100 billion. (Includes data chart.)

Agency MBS Issuance Breaks $300B in August

September 11, 2020

John Bancroft

Fannie Mae, Freddie Mac and Ginnie Mae issued $321.83 billion of single-family MBS last month, according to an Inside MBS & ABS ranking and analysis.

Agencies Break $300 Billion in Single-Family MBS in August

September 10, 2020

John Bancroft

Ginnie Mae regained some share in the agency MBS market in August, as did purchase mortgages. The top 100 sellers saw a small increase in their share of new issuance, but the market remained fragmented. (Includes two data charts.)

Agency Delinquency Rates Continue to Ease in August

September 10, 2020

John Bancroft

The number of loans in the most severe stages of delinquency continued to climb in August, but overall default rates and forbearance counts were down.

Home-Equity Lending Down Amid Refi Wave

September 10, 2020

John Bancroft

New home-equity lending declined by 14% in the second quarter while refi lending boomed.

Home-Equity Market Slumps in Wake of Refi Explosion

September 10, 2020

John Bancroft

The supply of home-equity debt outstanding declined at an accelerated rate and new HEL lending fell sharply. Credit unions held their own. (Includes three data charts.)

Agency 1-Family Business in August Hits Another Record

September 10, 2020

John Bancroft

The purchase-mortgage share of loans sold to Fannie, Freddie and Ginnie gained slightly in August, and there was some rebound in correspondent activity.

Once More to the Record Books for Ginnie in August

September 4, 2020

John Bancroft

In a groundbreaking performance, the agency's five biggest months for MBS issuance have occurred over the past five months of 2020. Freedom continued to ride a swift current of refi activity. (Includes two data charts.)

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