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Home » Authors » Brandon Ivey

Articles by Brandon Ivey

Supreme Court to Hear Case On USDA, Credit Reports

June 22, 2023
Brandon Ivey
The Supreme Court agreed to take a case this week involving liability under the Fair Credit Reporting Act for a mortgage from the U.S. Department of Agriculture’s Rural Housing Service.
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Chase Aggregates HELOCs From Nonbanks for Securitization

June 22, 2023
Brandon Ivey
HELOCs originated by United Wholesale Mortgage, loanDepot and others are going into a securitization from Chase.
Read More

Planet Home Acquires $10 Billion in Ginnie MSRs

June 22, 2023
Brandon Ivey
The acquisition boosts Planet Home’s servicing portfolio to $94 billion.
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Short Takes: Spring Homebuying Fizzles / Million-Plus Missed Refis / Housing Legislation Reintroduced / Reverse Stock Split

June 22, 2023
Brandon Ivey
High interest rates suppressed homebuying activity this spring.
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NCUA Head Sees Warning Signs in HELOC Activity

June 21, 2023
Brandon Ivey
"Warning signs are also flashing on the horizon," according to Todd Harper, chair of the National Credit Union Administration.
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Short Takes: MSR Offerings / Support for New ‘Trigger Lead’ Bill / Housing Inventory Hits Record Low / CRT From Freddie

June 21, 2023
Paul Muolo and Brandon Ivey
Plenty of MSRs available for sale.
Read More

Consumer Direct Unit Changes Hands Among Smaller Banks

June 20, 2023
Brandon Ivey
BNC National Bank sold its consumer direct lending unit to First Federal Bank.
Read More

Short Takes: Figure Expands to Wholesale / MPF Activity / Leadership Transition at Truist / New CFO at Cenlar

June 20, 2023
Brandon Ivey
Figure is now offering HELOCs through the wholesale channel.
Read More

CFPB Plans Proposal to Streamline Servicing Standards

June 16, 2023
Brandon Ivey
Chopra didn't provide details on the CFPB's plans, though he noted issues with paperwork, servicing fees and credit reporting.
Read More

Short Takes: Servicers Reduce Staff / New Non-QM MBS / Homebuilder Buydown Tactics

June 16, 2023
Brandon Ivey
Staffing levels at servicers are declining, though not nearly at the rate seen on the origination side.
Read More
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