Brandon Ivey

Senior Editor, Inside Nonconforming Markets

Recent Stories From this Author

Verus Aims to be a Significant Player in Nonprime (Non-QM)
April 20, 2018 Verus counts among its competitors Angel Oak, Caliber Home Loans, Citadel Servicing, Deephaven Mortgage and SG Capital Partners.

Mortgage Industry Sees Promise in Blockchain Technology. Ranieri Enters the Space…
April 18, 2018 MISMO noted that blockchain is based on digitized, distributed ledgers…

Prime Non-Agency MBS Issuers Getting More Creative…
April 17, 2018 Due diligence reviews can be costly, especially when the mortgages being produced are pristine.

Invictus to Issue a Non-Agency MBS Backed by Single-Family Rental Property Loans
April 17, 2018 The new non-agency MBS from Invictus is a bit of a rarity: the bond is backed only by mortgages on single-family rental...

Short Takes: Bank of America Kisses Mortgage Banking (Reporting) Goodbye / When MSR Cash Flow Becomes ‘Immaterial’ / The Eye of the Beholder / Tossing Mortgage Stuff Overboard / Redwood on an MBS Hot Streak / Leaving loanDepot for Impac
April 17, 2018 Is Bank of America doing a slow fade on mortgages?

SG Capital Partners Packs Large Share of Non-QMs into its Latest Nonprime MBS
April 12, 2018 SG Capital Partners focuses on loans with higher balances than other nonprime MBS aggregators.

Guaranteed Rate Expects to Hit Record Volume in 2018 with Strong Purchase Activity
April 11, 2018 The nonbank locked $2.3 billion of purchase mortgages in March, up 52.0 percent from the prior month.

Short Takes: Rep. Waters Doesn’t Hold Back on Criticism of Mulvaney / Next Up: Sen. Warren (CFPB Founder) / When Bank LOs Make More than Their CEOs / G-Rate Steps Up LO Recruitment / Worrying About GSE Servicing Comp (Still)
April 11, 2018 According to the consulting firm of Garrett, McAuley & Co., some mortgage loan officers at depositories earn at least...

SoFi Hires Former Co-Head of Structured Finance at Goldman as CFO. Meaning?
April 10, 2018 The hiring of Gill hire has prompted some speculation that SoFi might resume issuance of non-agency MBS…

ARMs Gained Market Share in 2017, but Volume was Flat
April 10, 2018 Chase was the top-ranked ARM producer in 2017…

Poll

What’s your opinion on how Mick Mulvaney has managed the CFPB since he took over three months ago?

He’s done a good job of paring back the agency’s excesses and we’d like to see more.

35%

I hope he totally dismantles the agency and sends those functions back to the agencies hence they came.

14%

Not bad, but he needs to take his time making additional changes.

12%

We’re totally aghast. He’s gone way too far in protecting the rights of companies not consumers!

39%