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Home » Authors » John Bancroft

John Bancroft

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

ARTICLES

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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Consolidation and Structural Change Reshaping Servicing

May 2, 2019
John Bancroft
The mortgage servicing business is seeing growing consolidation, especially in the second tier of market participants. Mergers, MSR sales and subservicing continue to reshape the market.
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A Boom Year for M&A and MSR Sales?

April 30, 2019
John Bancroft
Declining interest rates have caused some MSR sellers to pause...
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Subservicers Cater to Variety of Client Needs, Strategies

April 30, 2019
John Bancroft
Compliance relief is one of the major benefits that leads owners of mortgage servicing rights to use subservicers, including some of the largest MSR investors in the market.
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FHA and VA Delinquencies Plummet

April 29, 2019
John Bancroft

Meanwhile, Wells Fargo continues to dominate the Ginnie Mae servicing arena with a $277.7 billion portfolio at March 31...


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FHA/VA Loan Performance Improves Sharply in 1Q19

April 26, 2019
John Bancroft

Following seasonal patterns, the number of FHA and VA loans in early stages of delinquency fell sharply from the fourth quarter of 2018 to early 2019. Nonbanks continued to expand their footprint, accounting for 62.2% of outstanding Ginnie single-family servicing.


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View All Articles by John Bancroft

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