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Home » Authors » Brandon Ivey

Articles by Brandon Ivey

Short Takes: CRA Rule Coming Tuesday / Applications Down / Trends in Non-QM Delinquencies / Closed-End Second Securitization

October 18, 2023
Brandon Ivey
Banking regulators plan to release a final rule Oct. 24 with revisions to standards under the Community Reinvestment Act.
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Short Takes: FHFA Plans Property Insurance Symposium / Forbearance Activity Dwindles / Record Futures Trading / More Jumbo MBS

October 17, 2023
Brandon Ivey
FHFA's symposium will focus on solutions for rising property insurance premiums.
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Delinquencies Rise Across Agency Sectors in 3Q

October 13, 2023
Brandon Ivey
Delinquencies on securitized mortgages increased in all parts of the agency market during the third quarter. The increase was concentrated in early-stage delinquencies. (Includes data chart.)
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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.
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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.
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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.
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