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Home » Authors » Brandon Ivey

Articles by Brandon Ivey

Originations Steady at U.S. Bank in First Quarter

April 17, 2024
Brandon Ivey
U.S. Bank originated $7.13 billion of mortgages in the first quarter.
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Short Takes: Applications Increase / HPA Accelerates / Fannie Selling RPLs / Another CES Securitization From Rocket

April 17, 2024
Brandon Ivey
Applications increased even as interest rates rose.
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Chase Goes Large With Latest Jumbo MBS Offerings

April 16, 2024
Brandon Ivey
The offering from Chase's conduit is the largest jumbo MBS from the conduit since 2022. And Chase is doubling up, with a separate deal stocked with mortgages originated by the bank.
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Short Takes: GSEs Hold Steady on Home Sale Commissions / Exams by States Increase / MFA Note Offering / Mr. Cooper Rated for Second-Lien Servicing

April 16, 2024
Brandon Ivey
The GSEs noted that if these fees to real estate agents continue to be customarily paid by the property seller according to local convention, they won't be subject to financing concessions limits.
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Short Takes: Inflation Reaction / No Give in Home Prices, Yet / LoanCare Rated on Servicing Second Liens / BofA Servicer Ratings Upgraded

April 12, 2024
Brandon Ivey
There's a disconnect between inflation readings and reactions to the figures, according to Sam Khater, chief economist at Freddie Mac.
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A Sigh of Relief for Lender in Lawsuit Involving Underwriting

April 11, 2024
Brandon Ivey
A foreclosure action against a borrower for alleged mortgage fraud landed a Florida-based lender in court for punitive damages.
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Fine Art Backing $500 Million ABS From Sotheby’s

April 11, 2024
Brandon Ivey
The securitization is linked to short-term loans with an outstanding balance of $1.42 billion.
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Figure Offers Alternative to MERS Registry

April 11, 2024
Brandon Ivey
Figure is touting its DART System as a more efficient and less expensive alternative to the MERS registry.
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Short Takes: What Inflation Means for Interest Rates / VASP Reaction / Foreclosures Tick Up

April 11, 2024
Brandon Ivey
The high inflation reading for March is one factor that will keep interest rates higher for longer.
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United Wholesale Not the Most Shorted Mortgage Stock

April 11, 2024
Brandon Ivey
A dip in United Wholesale Mortgage stock last week, driven by a report from a hedge fund that shorted the nonbank, has raised awareness on the number of mortgage companies that are being shorted.
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