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Home » Authors » John Bancroft

John Bancroft

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

ARTICLES

Big-Ticket Lending Loses Glow as Production Fades

March 7, 2024
John Bancroft
Production of agency high-balance loans held up slightly better than the downturn in non-agency jumbo originations, but both sectors recorded big quarterly declines.
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Bank Holdings of ABS Jump in Fourth Quarter With BMO’s Move

March 7, 2024
John Bancroft
Must of the increase in bank ABS holdings seen during the fourth quarter of 2023 was due to a portfolio securitization at BMO Harris Bank.
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REIT Holdings of MBS Decline in Fourth Quarter

March 4, 2024
John Bancroft
REIT holdings of MBS declined by 2.7% in the fourth quarter of 2023.
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Third-Party Origination Channels Gain Share in 2023

March 1, 2024
John Bancroft

Both wholesale-broker and correspondent saw significant gains in market share, a common occurrence when refinances business slows. 


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Bank ABS Holdings Surge in 4Q23, Thanks to BMO

February 29, 2024
John Bancroft
Bank ABS holdings rose unexpectedly in the fourth quarter, but most of the gain came from a portfolio securitization of consumer loans by one institution. (Includes two data tables.)
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Mortgage REITs Pull Back From MBS Market in 4Q23

February 29, 2024
John Bancroft
Mortgage REITs mostly treaded water in the fourth quarter, although aggregate industry holdings were down slightly from the previous period. (Includes two data tables.)
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TPO Channels Gain Share in 2023 Originations Slump

February 29, 2024
John Bancroft
Wholesale-broker platforms took a significantly bigger share of the shrinking refinance market in 2023 as consumer-direct/retail volume lost ground. (Includes six data tables.)
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Little Commingling of GSE MBS Despite Fee Reduction

February 29, 2024
John Bancroft
Commingling happens when a government-sponsored enterprise stocks a new Supers deal with MBS issued by the rival GSE.
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Bank Holdings of MBS Increase in Fourth Quarter

February 27, 2024
John Bancroft
Holdings of residential MBS at banks increased by 5.6% in the fourth quarter of 2023, ending a two-year decline.
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First-Time Homebuyer Share Increases in Agency Market

February 26, 2024
John Bancroft
The agencies securitized a combined $439.25 billion of first-time buyer loans in 2023, which represented 52.8% of agency purchase-loan business.
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View All Articles by John Bancroft

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