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Home » Authors » John Bancroft

John Bancroft

jbancroft@imfpubs.com
@https://twitter.com/jbancroftimf
Articles

ARTICLES

Freddie Servicing Continues Growing Faster Than Fannie

October 23, 2019
John Bancroft

The Freddie Mac single-family servicing market grew roughly three times as fast as the Fannie Mae market during the third quarter, according to a new Inside the GSEs analysis.


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On the Rise in 3Q19: Fannie/Freddie Credit Quality

October 21, 2019
John Bancroft

Across all LTV bands, the share of purchase loans with low FICO scores fell from 12.88% in the second quarter to 12.29% in the third.


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Bulk Servicing Sales Hit a Wall in 3Q19, Down 29%

October 21, 2019
John Bancroft

Co-issuance transfers – a smaller market – actually increased 52.9% sequentially to $59.4 billion…


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Freddie Servicing Continues Growing Faster Than Fannie

October 18, 2019
John Bancroft
The fastest growing group of Fannie/Freddie servicers in the third quarter was small and mid-sized mortgage companies, but that's largely because NewRez is not a top-tier originator. (Includes two data charts.)
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Bulk MSR Sales Slump in 3Q19, Coissuance Surging

October 18, 2019
John Bancroft
Falling interest rates and surging originations were poor conditions for bulk MSR sales in 3Q19, but coissuance activity was up sharply from the previous period. (Includes three data charts.)
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Top Bulk MSR Seller in 3Q19? A Battle Between Two Michigan-Based Mortgage Giants

October 18, 2019
John Bancroft and Paul Muolo

loanDepot was also an active seller of bulk MSRs in the third quarter, according to an exclusive tally from Inside Mortgage Trends…


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GSE Credit Trends Tighten as Market Volume Surges

October 18, 2019
John Bancroft
A smaller share of new Fannie Mae/Freddie Mac purchase business were recorded in the highest risk category. In the third quarter, most GSE loan acquisitions had credit scores of 740 and up. (Includes two data charts.)
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ABS Issuance Falters in 3Q Despite Jump in Card Deals

October 17, 2019
John Bancroft
Issuance of vehicle-finance and business-loan ABS fell substantially in the third quarter, leaving total production roughly even with the first nine months of 2018. (Includes three data charts.)
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Nonbanks Taking a Bigger Share of Agency Servicing

October 17, 2019
John Bancroft
The nonbank share of agency servicing edged up to 47.2% at the end of September thanks to a 3.0% increase in volume. Meanwhile, banks reduced their agency servicing slightly. (Includes two data charts.)
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Wow: Nonbank Share of Agency Servicing Market Tops 47%

October 17, 2019
John Bancroft

Fun fact: Over the past five years, the nonbank share of the agency servicing market has almost doubled and now stands at 47.2%...


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View All Articles by John Bancroft

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