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Home » Authors » Brandon Ivey

Articles by Brandon Ivey

Grapevine: Better’s Staff Down 92%; Lenders Jump Ahead of FHFA

October 13, 2023
Brandon Ivey
Better went from more than 10,000 employees in 2021 to fewer than 900 as of Sept. 1; lenders start early on 2024 loan limits; mortgage lock-in easing; MISMO initiatives; tool to check for appraisal bias; automated title reviews; insurance platform raises funds.
Read More

Trade Groups Call for MBS Moves by the Fed, GSEs

October 13, 2023
Brandon Ivey
The Community Home Lenders of America, Independent Community Bankers of America and National Association of Realtors sent a joint letter to White House officials seeking changes involving mortgage-backed securities.
Read More

Short Takes: CFPB and DOJ on Immigration Status / New HEI Securitization / Home Prices Up in Third Quarter

October 13, 2023
Brandon Ivey and James Dohnert
The CFPB and DOJ issued a statement on denials of credit based on an applicant's immigration status.
Read More

Fed Vows More Scrutiny of Banks’ Interest Rate Risk

October 12, 2023
Brandon Ivey
Federal Reserve examiners didn’t do enough to prevent the failure of Silicon Valley Bank, according to the Fed’s IG. Now, the Fed is working to address interest rate risk tied to bank holdings of MBS and ABS.
Read More

Grapevine: New Flexibility at Ginnie for RPLs; GSE CRT

October 12, 2023
Brandon Ivey
Ginnie loosens requirements for RPL pooling; Fannie sees tighter spreads with latest CRT issuance; tender offers on outstanding CRT transactions; new ABS issuers; DBRS proposes changes to commercial MBS rating methodology.
Read More

Trade Groups Plead With Fed to Provide Certainty

October 12, 2023
Brandon Ivey
The MBA, NAHB and NAR want the Fed to announce it’s done raising interest rates and that it won’t sell MBS holdings until there’s some stability in the housing market. The request could fall on deaf ears.
Read More

Mortgage Lock-In Easing Among Home Sellers

October 12, 2023
Brandon Ivey
Listing inventory improved in September though home prices fell.
Read More

A&D, Redwood Go Bigger With Latest Non-Agency MBS

October 12, 2023
Brandon Ivey
The latest non-agency MBS from A&D Mortgage and Redwood Trust are larger than the previous issuance by the firms.
Read More

Short Takes: Ginnie Loosens RPL Standards / Foreclosure Filings Rise / New Correspondent Lender / Fitch Upgrades Assessment of New American Funding

October 12, 2023
Brandon Ivey
Ginnie is offering flexibility for pooling reperforming loans in MBS.
Read More

CFPB Sues Freedom for HMDA Reporting Issues

October 11, 2023
Brandon Ivey
The CFPB alleges that Freedom didn't sufficiently address HMDA reporting issues following a 2019 consent order.
Read More
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