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Home » Authors » John Bancroft

John Bancroft

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

ARTICLES

Government Programs Grow Share of MI Market in Early 2019

May 9, 2019
John Bancroft
New primary mortgage insurance activity was down in the first quarter of 2019, but FHA and VA managed to expand their share of the market thanks to surging refinance business. Private MIs started the year slightly ahead of the pace in early 2018.
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Bank Mortgage Profits Improve. However…

May 8, 2019
John Bancroft

While most banks posted improved revenue from the previous quarter, seven reported declining profitability...


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The GSE Credit Box Opens Up, Ever So Slightly

May 6, 2019
John Bancroft

For Fannie and Freddie, it was the highest concentration of low-score/high-LTV loans over the past five years...


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GSE Purchase-Loan Credit Box Opens Slightly in 1Q19

May 3, 2019
John Bancroft
Mortgages with low credit scores and higher loan-to-value ratios accounted for a larger share of Fannie/Freddie purchase business in the first quarter. But the industry is hardly in a race to the bottom despite slumping volume and tight margins.
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Wells Kicked Off its Pedestal as Top Issuer of Agency MBS

May 3, 2019
John Bancroft

Where Wells Fargo is no longer number one: Monthly MBS issuance...


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Mortgage Grapevine: M&A Heats Up; Movement Buys Bama Branches; Wells Fargo, No Longer the Top (MBS) Gun

May 3, 2019
Paul Muolo, John Bancroft, and Brandon Ivey

'Natural Hedge' Still Works But Retention May be Key

May 3, 2019
John Bancroft
Many lenders still rely on the "natural hedge" that balances gains on the production side against losses on servicing, but timing is an issue. Retention may be the best hedge of all.
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Mortgage Banking Income Up at Most Banks in 1Q19

May 3, 2019
John Bancroft

A group of 22 banks reported a combined $1.84 billion in mortgage banking income for the first three months of 2019, a solid improvement from the fourth quarter but down from the same period last year.


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The King is Dead. Nonbanks Usurp Wells in Agency MBS

May 2, 2019
John Bancroft
Quicken Loans and United Shore Financial Services ranked as the top two agency MBS producers in April, dumping the market's long-time leader, Wells Fargo, into third. The megabank still ranked number one on a year-to-date basis.
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The 1Q19 Servicing Picture: Consolidation, Structural Changes Shaping Industry

May 2, 2019
John Bancroft

Wells Fargo continues to dominate the servicing arena with a market share of 13.5%, almost double its closest competitor...


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View All Articles by John Bancroft

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