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Home » Authors » John Bancroft

John Bancroft

jbancroft@imfpubs.com
@jbancroftimf
Articles

ARTICLES

California Top Market for Mortgage Insurance in 2Q19

July 12, 2019
John Bancroft
California remained the largest source of insured home loans securitized by Fannie, Freddie and Ginnie in the second quarter, and it had relatively large concentrations of FHA and VA mortgages.
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Wholesale-Broker Share of Agency Market Up in 2Q19

July 12, 2019
John Bancroft
Mortgage brokers accounted for a record 14.8% of single-family business in the agency MBS market during the second quarter. Credit trends suggest sellers may have focused on the low-hanging fruit as production volume ramped up significantly.
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MBS and ABS Issuance Volume Rebounds in 2Q

July 12, 2019
John Bancroft
Despite the surge in the second quarter, production in the first half of the year was down 2.9% from the first half of 2018.
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Refi Wave Helps Lift Agency Single-Family Volume in 2Q19

July 11, 2019
John Bancroft
Ginnie Mae saw a huge increase in rate-term refinance business, but the cash-out market also gained ground. Freddie led its rivals in attracting more first-time buyer business.
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New MBS and ABS Issuance Rebounds Strongly in 2Q19

July 11, 2019
John Bancroft
Volume rose sharply from the first quarter in the major product categories, although the non-agency MBS market was soft.
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Agency Single-Family Mortgage Business Surges in 2Q19

July 11, 2019
John Bancroft
Issuance of agency MBS during April-June rose 43% from the first quarter of the year, with gains posted across the board. Combined issuance by Fan-nie Mae, Freddie Mac and Ginnie Mae hit $330.65 billion.
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A Very Good Sign: Agency MBS Issuance Surges in 2Q19

July 11, 2019
John Bancroft

The robust second quarter brought year-to-date agency MBS issuance to $562.02 billion, just 1.3% below the level reached in the first six months of last year.


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Depositories Suffer a Substantial Drop in Mortgage Sales

July 10, 2019
John Bancroft

Residential loan sales by Wells Fargo tumbled 23% while U.S. Bank suffered a 38% sequential decline…

 


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Ginnie MBS Issuance Firing on All Cylinders in 2Q19

July 8, 2019
John Bancroft

It was the heaviest quarterly issuance volume since the July-September cycle in 2017.


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GNMA MBS Issuance Firing on All Cylinders in 2Q19

July 3, 2019
John Bancroft
Robust homebuying activity brought a huge increase in purchase mortgages into the Ginnie Mae MBS program in the second quarter. Rate-term refinance activity was up sharply.
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View All Articles by John Bancroft

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