John Bancroft

Executive Editor

Recent Stories From this Author

Publicly Traded Nonbanks Post Earnings Gain for 3Q17 – Thanks to PennyMac
November 21, 2017 Excluding PennyMac, the eight remaining nonbanks had a combined $41.21 million net loss on mortgage banking activity…

3Q17 Results: Third-Party Lenders Gained Market Share in a Purchase-Heavy World
November 21, 2017 In the broker channel, United Wholesale Mortgage once again dominated…

A Strong October for Freddie, GSE Takes Market Share from Fannie
November 20, 2017 Freddie officials stated that the GSE continued to incur market-adjusted pricing costs in the form of lower MBS guarantee fees.

GSE Sellers Take Baby Steps on Risk – but at a Glacial Pace
November 20, 2017 This most-risky bucket accounted for just 2.6 percent of refi business in the third quarter...

Conventional-Conforming Market Tapped into Surging Refi Business in 3Q17
November 16, 2017 Roughly $269 billion of conventional-conforming loans were originated from July through September, according to Inside...

Mortgage REITs Boost Residential MBS Holdings in 3Q17
November 16, 2017 MBS-investing REITs boosted their holdings by 10.1 percent on a sequential basis…

Correspondent Share of FHA Loans Nears the 49 Percent Mark
November 14, 2017 Correspondent programs are most dominant in the FHA market, perhaps reflecting a preference among large producers to have...

Surprise: CMBS Has its Best Issuance Quarter Since 2Q08
November 10, 2017 Fannie, Freddie and Ginnie continued to dominate multifamily activity…

Private MIs Gained Ground in 3Q17, but VA Shined the Most
November 9, 2017 Arch MI remained the top private insurer in the third quarter and year-to-date, although its competitors gained some ground…

Retail Still the Largest Source of Agency Loans
November 7, 2017 Correspondents generated 38.8 percent of the market and posted the highest purchase-mortgage concentration, 77.8 percent.


With originations expected to drop in 2018, will your shop turn to non-QM/non-prime mortgage products as a way to bolster volumes?

Yes, definitely. We’re planning a launch.
No. It’s still difficult compliance/regulatory-wise.
Maybe. It’s under consideration.
Not now. But things could change as 2018 progresses.

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