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Home » Authors » Brandon Ivey

Articles by Brandon Ivey

Lenders Counting Down the Days to Rate Cuts

December 14, 2023
Brandon Ivey
After the Fed held rates steady Wednesday, uncertainty regarding the path of future rate movements appeared to clear.
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Capital Requirements Proposal Would Set ‘Perverse’ Incentives on Securitization

December 14, 2023
Brandon Ivey
The proposal provides banks an incentive to exit senior tranches of asset-backed securities in exchange for more junior and riskier tranches, according to the Securities Industry and Financial Markets Association.
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Short Takes: UWM Cuts Rates for Refis / Loan Defects Decline / New Equity-Sharing Product / Fannie’s CRT Issuance to Slow

December 14, 2023
Brandon Ivey
UWM is offering interest rate discounts on loans from streamlined refi programs at FHA and VA.
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Republican FDIC Appointee Floats Phase-In for Basel Changes

December 13, 2023
Brandon Ivey
Jonathan McKernan, a director at the FDIC, suggested slowing implementation of controversial provisions in a proposal on capital requirements for large banks.
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Short Takes: Refi Applications Jump / Flood-Zone Awareness / loanDepot Automates Underwriting / Arlington Asset Investment Merger

December 13, 2023
Brandon Ivey
Refi applications increased by nearly 20% in a week as interest rates declined.
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Some Borrowers Quickly Refi as Interest Rates Decline

December 12, 2023
Brandon Ivey
Interest rates declined by nearly 70 basis points during November, fueling demand for refis.
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Short Takes: HPA Expected to Slow / Foreclosures Decline / PrimeLending Growing in Texas / Cenlar Aims to ‘Fortify’ its Compliance

December 12, 2023
Brandon Ivey
Experts surveyed by Fannie project that home price appreciation in 2024 will come in at a rate of less than half of the appreciation accumulated this year.
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Short Takes: Texas Mortgage M&A? / Warehouse Advice: Be Honest / More Job Cuts / MSR Auctions / Blend Reduces Debt

December 11, 2023
Paul Muolo and Brandon Ivey
Mortgage banking firms handed pink slips to 2,700 full-timers in October while brokerage shops cut 800...
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Thompson: Expanding FHLBank Membership Up to Congress

December 8, 2023
Brandon Ivey
FHFA Director Sandra Thompson will leave any decision on expanding membership in the Federal Home Loan Bank system up to Congress.
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Mortgage-Banking Income at Banks Up in Third Quarter

December 8, 2023
Brandon Ivey
Earnings ticked up in the third quarter, with some large banks posting significant increases in income. Loan sales and markups in mortgage servicing rights played a role in the improved profits.
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