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Home » Authors » Brandon Ivey

Articles by Brandon Ivey

Short Takes: Elevated Interest Rates for FHA / Loss for FoA / WAMC Goes with AGMIT

August 9, 2023
Brandon Ivey
Interest rates on FHA mortgages are at levels last seen in 2002.
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Short Takes: Mortgage Fair Housing Complaints Decline / Fewer Cash-Out Offerings / Plenty of Equity

August 8, 2023
Brandon Ivey
The National Fair Housing Alliance tracks complaints from fair housing organizations and government agencies.
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Short Takes: A Greenlight From the FTC / August 25? / However… / A Return to Cutting Bankers, Brokers / Not a Good Time to Buy

August 7, 2023
Paul Muolo and Brandon Ivey
Only 18% of consumers believe now is a good time to buy a home...
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Mr. Cooper Growing Servicing and Cutting Costs

August 4, 2023
Brandon Ivey
Mr. Cooper’s servicing portfolio is expanding while the number of employees in the nonbank’s call center is declining. Investment in technology is helping to reduce costs and fuel servicing growth.
Read More

Grapevine: Better Close to Going Public; FICO Increasing Revenue

August 4, 2023
Brandon Ivey
SEC approves Better-Aurora merger; FICO increasing mortgage revenue as originations decline; Rithm to spin off most of its origination/servicing business; impact of revised capital requirements for large banks.
Read More

Rocket Returns to Profitability in Second Quarter

August 4, 2023
Brandon Ivey
The nonbank saw an improvement in margins and sold servicing during the second quarter.
Read More

Servicing Props Up Guild’s Earnings in Second Quarter

August 4, 2023
Brandon Ivey
Lending remained unprofitable for the nonbank in the second quarter.
Read More

Short Takes: Fallout From Fitch’s Downgrade: Higher Interest Rates and GSE CRT Ratings / Somewhat Older Loans in Non-Agency MBS

August 4, 2023
Brandon Ivey
Fitch's downgrade of its rating for the U.S. influenced interest rates on mortgages and had ramifications for GSE CRT.
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Some Positives for MBS in Capital Requirements Proposal

August 3, 2023
Brandon Ivey
If the proposal is implemented, some mortgage originations that have gone into bank portfolios would likely go into MBS instead. The impact on bank investment in MBS and ABS looks to be much more modest.
Read More

SEC Approves Changes to Agency MBS Margin Requirements

August 3, 2023
Brandon Ivey
Margin requirements for the to-be-announced market received another approval from the SEC this week. However, a legal challenge could further delay implementation.
Read More
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