John Bancroft

Executive Editor

Recent Stories From this Author

Mixed Trends for Residential MBS Issuance Halfway Through 2018
July 13, 2018 Some $315.95 billion of single-family MBS was issued in the second quarter, up 8.2 percent from the previous quarter,...

GSE Single-Family Business Up Modestly in 2Q18 as Purchase Market Kicks In
July 12, 2018 All of the growth in GSE volume came from the purchase-mortgage side of the business…

Agencies Leaning More on the ‘QM Patch’
July 9, 2018 The share of high-DTI loans has continued to go up this year…

Purchase Market Springs to Life in 2Q18, Freddie Regains Market Share
July 9, 2018 The net result was a strong gain in Freddie’s share of the GSE market…

DBRS Tops in Rating Non-Agency MBS
July 5, 2018 Kroll Bond Rating Service moved up from fourth place in 2017 to start this year in second…

Nonbanks Increasingly Taking Over Agency MBS Production
June 29, 2018 The tally: nonbanks grew their GSE business by 1.5 percent during the first five months of the year. Banks retrenched by 16.2...

More Pain, No Gain for Nation’s Largest Home Lenders
June 28, 2018 With loan production hitting a wall at the megabanks, layoffs are likely to ensue...

Bank Loan Sales Down Sharply in First Quarter, JPM Especially
June 27, 2018 Second-ranked JPMorgan Chase reported a hefty 48.3 percent decline in mortgage sales.

A Spike in Fannie Mae Loan Repurchases
June 26, 2018 Virtually all of the repurchase activity is now focused on newer production.

FHA Officials Raise Concerns about Rising DTI Ratios, Risk Layering
June 25, 2018 At the same time, there has been an increase in the share of loans with downpayment assistance…

Poll

With mortgage production down noticeably this year from 2017, how many lenders might disappear via M&A or failure during the next 12 months?

10% or less. It’s not that bad out there.
11% to 25%. It’s a challenging market.
25% to 40%. It’s going to be very ugly.
No opinion.

vote to see results