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Home » Authors » John Bancroft

John Bancroft

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

ARTICLES

Jumbo Originations Gain Market Share in Second Quarter

September 15, 2023
John Bancroft
An estimated $50 billion of jumbo mortgages were originated in the second quarter.
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Bank ABS Holdings Fade in 2Q23, Values Still Pressured

September 14, 2023
John Bancroft
Bank holdings of auto ABS were up in the second quarter due to a big gain at U.S. Bank, while Ameriprise reported a sharp drop in its portfolio of commercial/industrial ABS. (Includes two data charts.)
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REITs Retreat Slightly from MBS in Second Quarter

September 14, 2023
John Bancroft
Although REITs’ total MBS holdings were down in the second quarter, the industry recorded a modest increase in its agency MBS investment portfolio. (Includes two data charts.)
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Jumbo Market Flourishes as House Prices Climb in 2Q23

September 14, 2023
John Bancroft
The pace of house-price appreciation has slowed markedly over the past year, though there are still some hot pockets. And the FHFA's HPA index is pointing to another significant increase in the conforming loan limit for 2024. (Includes three data charts.)
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Agency MBS Issuance Begins to Fizzle

September 11, 2023
John Bancroft
Fannie had the lowest output of the three agencies in August...
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First-Time Homebuyer Share Increases in 2Q

September 8, 2023
John Bancroft
Some $121.38 billion of mortgages to first-time homebuyers were included in agency mortgage-backed securities issued during the second quarter, up 41.4% from the first quarter.
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Agency MBS Issuance Slips as Housing Cools in August

September 7, 2023
John Bancroft
With primary-market rates topping 7% in August, the outlook for agency single-family MBS production is not favorable. A clutch of nonbanks continues to dominant issuance. (Includes two data charts.)
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First-Timers Undeterred by Headwinds in 2Q23 Market

September 7, 2023
John Bancroft
First-time buyers met the challenge of high mortgage rates, sparse property listings and persistently high house prices to fuel a heady gain in purchase-mortgage activity in the second quarter. (Includes four data charts.)
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Servicing Earnings Jump in Second Quarter

September 5, 2023
John Bancroft
Among a group of public mortgage companies income from servicing soared from $397.5 million in the first quarter to $1.87 billion in the second.
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Earnings Improve in Both Production and Servicing

September 1, 2023
John Bancroft
Most public companies generated positive results from their production and servicing operations, but MBA data reveal that many lenders continued to struggle financially in the second quarter. (Includes data chart.)
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View All Articles by John Bancroft

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