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Home » Authors » Brandon Ivey

Articles by Brandon Ivey

Short Takes: First American Restores Services / Credit Availability at Low Levels / Invitation Homes Settles Rent Hike Allegations / Compliance Trainer Acquired

January 9, 2024
Brandon Ivey
First American got its email system up and running again more than two weeks after a cyberattack.
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loanDepot Pulls Systems Offline Amid Cyber Incident

January 8, 2024
Brandon Ivey
loanDepot's servicing customers faced difficulties making mortgage payments over the weekend...
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Ginnie Issuance Declines in 2023; VA Loses Market Share

January 5, 2024
Brandon Ivey
Ginnie Mae guaranteed just $374.92 billion of new single-family mortgage-backed securities in 2023, its lowest in nine years. VA’s share of Ginnie activity narrowed to 37.4% from 43.3% in 2022.
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Strong Support for HUD Proposal on Counseling Flexibility

January 5, 2024
Brandon Ivey
Housing counseling providers are backing a proposal from HUD to permanently allow for services to be provided virtually rather than in-person.
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Interest Rate Movements Stall, Potentially for a While

January 5, 2024
Brandon Ivey
Interest rates on mortgages look likely to hold steady in the near term.
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Short Takes: Top Agency MBS Issuer in 2023 / Smaller Banks Concerned About HELOCs / Angelo Gordon Quick With MBS

January 5, 2024
Brandon Ivey
United Wholesale Mortgage barely edged out PennyMac as the top issuer of agency MBS in 2023.
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Researchers Offer Metric to Measure Securities Risk

January 4, 2024
Brandon Ivey
Researchers at the Office of Financial Research have developed new ways to gauge the risks banks face from potential losses on their securities holdings. The researchers caution that a number of banks showed signs of stress similar to the banks that failed in early 2023.
Read More

Grapevine: GSE CRT Upgraded; CMBS Delinquencies Decline

January 4, 2024
Brandon Ivey
Fitch upgrades ratings on nearly half of outstanding GSE CRT issuance; delinquencies in commercial MBS declined in December led by improvements in loan performance for office properties; Morningstar plans new criteria for assessing securitizations tied to small businesses.
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Delinquencies on Non-QMs Rising at ‘Worrying’ Rate

January 4, 2024
Brandon Ivey
The increase in impairments in November was the largest increase seen in the sector outside of COVID.
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Loan Sales by Banks Steady in Third Quarter

January 4, 2024
Brandon Ivey
JPMorgan Chase, the largest bank retail lender, sold $9.23 billion of mortgages in the third quarter, up 5.5% from the second quarter.
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