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Home » Authors » Brandon Ivey

Articles by Brandon Ivey

Lenders Expect Manageable Changes on Home Sale Structure

February 1, 2024
Brandon Ivey
The commission structure for real estate agents is poised for a shakeup in the wake of the legal issue facing the National Association of Realtors.
Read More

Short Takes: Large Package of MSRs on Offer / Home Equity Declines / Homeowners Still Locked In / Tepid Home Tour Activity

February 1, 2024
Brandon Ivey
Incenter is marketing a sale of GSE MSRs with a total unpaid principal balance of $15.06 billion.
Read More

Mortgage Margins Plummet at NYCB in Fourth Quarter

January 31, 2024
Brandon Ivey
The bank's gain-on-sale margin fell from 59 basis points in the third quarter of 2023 to 32 bps in the fourth quarter.
Read More

Warehouse Lenders Looking for Lower Interest Rates

January 31, 2024
Paul Muolo and Brandon Ivey
One chief concern: Warehouse borrowing covenants have been breached.
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Short Takes: Applications Decline / Chase Expands SPCP Benefits / Luxury Home Price Appreciation Accelerates / New Expanded-Credit MBS

January 31, 2024
Brandon Ivey
Demand for purchase mortgages declined last week even as interest rates stayed level.
Read More

Mixed Trends in Originations by Homebuilders

January 30, 2024
Brandon Ivey
Pulte boosted its originations in the fourth quarter while production was down at NVR.
Read More

Short Takes: loanDepot Waives Late Fees / Slow, Steady HPA / Profit for Dynex in 4Q / MI Benefits Workgroup

January 30, 2024
Brandon Ivey
loanDepot won't assess late fees for its servicing customers for January payments until after the end of the month.
Read More

Expectations High for Freddie's (Performing) Loan Repurchase Pilot

January 29, 2024
Brandon Ivey
The industry is hopeful the repurchase-loan pilot will be expanded quickly...
Read More

CFPB Looking at LO Comp, Fair Lending Issues

January 29, 2024
Brandon Ivey
Mark McArdle, an assistant director of mortgage markets at the CFPB, provided updates on the regulator’s priorities in terms of mortgage lending at the MBA’s independent mortgage bankers conference. The top concerns are LO comp practices and fair lending.
Read More

CFPB Working Toward Issuing Servicing Proposal

January 29, 2024
Brandon Ivey
The CFPB’s proposal on streamlining mortgage servicing standards will likely be issued this spring. The regulator is trying to balance loss-mitigation options and foreclosure protections.
Read More
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