John Bancroft

Executive Editor

Recent Stories From this Author

Mortgage Broker Market Share Hits 9-Year High
February 20, 2019 The gain in the sector was largely attributable to the biggest player in table-funding: United Wholesale Mortgage…

Mortgage Securitization Rates Steady in 2018, Non-Agency Rising
February 15, 2019 The Ginnie securitization rate hit 100.2%, but timing issues were involved…

Government MI Rebounds in 4Q18, but PMIs Had Strong Showing in 2018
February 14, 2019 In terms of new insurance written during 2018, the market leaders were Arch, Radian and MGIC…

GSE Single-Family MBS Issuance Off to a Slow Start in January
February 12, 2019 Wells Fargo, Quicken Loans and PennyMac ranked first, second and third, respectively, in loan sales to Fannie and Freddie...

GSE Credit Profile Turned Riskier in 4Q18
February 11, 2019 For all of last year, some 8.15% of GSE purchase loans fell in the low-score/high-LTV bucket…

The 4Q18 Tally: Banks Report Sharp Drop in Mortgage Banking Income
February 11, 2019 Much of the mortgage earnings damage took place at the top…

Agency MBS Production Fell Modestly in January
February 8, 2019 It was the lowest combined output for the three agencies since February 2016, when just $80.49 billion of new MBS were issued.

4Q18 Ugly: All Major Mortgage Product Groups Suffer
February 7, 2019 Expanded-credit was the only corner of the market that grew last year – by an estimated $7.6 billion…

Nonbanks Amassed Large MBS Market Share in 2018
February 5, 2019 Over the same timeframe, agency MBS production by commercial banks, thrifts and credit unions fell 17.2 percent…

Third-Party Producers Continue to Dominate in the FHA/VA Space
February 4, 2019 Meanwhile, the wholesale-broker share of FHA/VA purchase lending inched up to 13.3% in 2018, a 40 bps upward wiggle…


Do mortgage lenders really need a new credit-scoring model or is the current FICO system adequate?

It’s fine. Stick with what works.


Time for a change. Borrowers are different today.


Undecided, still assessing the situation.