Brandon Ivey

Senior Editor, Inside Nonconforming Markets

Recent Stories From this Author

Galton Funding Tests the Non-Agency MBS Waters
January 18, 2018 Most of the mortgages in the MBS were underwritten with full documentation…

In 4Q17, A Sharp Increase in Prime Jumbo MBS, and Expanded-Credit Deals
January 17, 2018 Expanded-credit MBS – which include loans with alternative documentation, non-qualified mortgages and nonprime loans – hit...

New Prime Jumbo MBS from Chase Smaller than Previous Deals
January 16, 2018 In the new MBS, 41.9 percent of the mortgages were eligible for sale to Fannie Mae and Freddie Mac…

Short Takes: GSE Reform, Yes. Passage? No / Galton’s Return to Nonprime / Citi’s Incredibly Shrinking MSR Portfolio / Legislative Reg Relief On the Way? / English Wants Expedited Review in CFPB Appeal
January 16, 2018 GSE reform may emerge from the Senate Banking Committee, but as for final passage...

PennyMac Enters Broker Channel Looking for Growth in Purchase Mortgages and Jumbos
January 12, 2018 After some delays, PennyMac Financial Services launched its broker channel operations this week.

Latest MBS from New Residential Viewed More Favorably than Previous Deal
January 10, 2018 A planned mortgage-backed security from New Residential Investment received much higher ratings than a similar deal issued by...

CFPB’s Oversight Functions Hampered by Freeze on Collection of Personal Information
January 9, 2018 “The CFPB cannot fulfill its core functions without collecting personally identifiable information,” said Sen. Elizabeth...

Non-Agency MBS Issuers to Bring a Flurry of Deals After a Lull in December
January 9, 2018 Redwood Trust is preparing two prime jumbo MBS, JPMorgan Chase has one of its own and an affiliate of Caliber Home Loans plans...

Short Takes: Delinquencies Increase / Citi Adopts Digital Platforms / Interest Rate Trends by Credit Score / TMS Plots Growth
January 9, 2018 CoreLogic noted that early-stage delinquencies continued to increase in October in some areas hit by hurricanes.

Short Takes: The Tax Bill and Home Sales / Demand from Buyers Declines / Equity Adds Up / NMI to Take a Tax Hit
January 8, 2018 Enactment of the Tax Cuts and Jobs Act will impact home sales and financials at National Mortgage Insurance Corp., among many...


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.