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Home » Authors » John Bancroft

John Bancroft

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

ARTICLES

Wholesale-Broker Channel Keeps Expanding in 2Q19

August 22, 2019
John Bancroft
Mortgage brokers feasted on a growing crop of refinance business during the second quarter, pushing the wholesale channel to a 14.6% share of new first-lien mortgage originations.
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Loan Broker Market Share Climbs to New Post-Crisis High: 14.9%

August 22, 2019
John Bancroft

Quicken was the market leader in retail lending with UWM taking top honors (by far) in the wholesale category. Wells Fargo was the top correspondent buyer in 2Q19…


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Ginnie Mae MBS Issuance Surges to Four-Year High in July

August 21, 2019
John Bancroft

Lenders pooled $44.70 billion of single-family forward mortgages into Ginnie MBS last month. It was the highest monthly total since July 2015…


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GSE Credit-Risk Transfers Down Significantly in 2Q19

August 20, 2019
John Bancroft

Fannie Mae and Freddie Mac acquired $2.83 billion of reinsurance coverage through the first six months of the year, down 29.9% from the same period in 2018.


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Loan Brokers Post Big Gains in FHA/VA Production

August 19, 2019
John Bancroft

The flow of broker-originated FHA and VA loans into Ginnie MBS increased by 63.1% during the second quarter, hitting $16.78 billion...


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Wholesale Channel Gallops to Bigger GNMA Share

August 16, 2019
John Bancroft
The volume of broker-originated FHA and VA refinance loans pooled in new Ginnie MBS jumped 94.1% from the first to the second quarter. Correspondent production saw the smallest gains among the three channels.
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Ginnie 1-Family MBS Surges to Four-Year High in July

August 16, 2019
John Bancroft
Purchase loans still accounted for over two-thirds of Ginnie loan deliveries, but the volume of incoming refinance loans had a slightly higher increase from June.
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Year-over-Year, REITs Grow Their MBS Investments by 37%

August 16, 2019
John Bancroft

Annaly Capital Management led the pack in sequential MBS growth at 14.5%...


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2Q19 Yields Big Gains in All Products, But ECM Lagged

August 15, 2019
John Bancroft
Jumbo lending increased by 67.2% from the first quarter of 2019 to the second, faster than any other product category. Expanded-credit lending had the slowest growth rate.
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Mortgage REITs Up Agency MBS Holdings Again in 2Q19

August 15, 2019
John Bancroft
A group of 15 top mortgage REITs increased its agency MBS portfolio by $20.9 billion during the second quarter of 2019, although non-agency MBS investment slipped modestly.
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View All Articles by John Bancroft

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