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Home » Authors » Brandon Ivey

Articles by Brandon Ivey

Bank Regulators Plan Mortgage Adjustments to Capital Proposal

January 10, 2024
Brandon Ivey
Trade groups representing mortgage lenders have raised grave concerns about proposed changes to capital requirements for large banks.
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Short Takes: New Top Issuer of Non-Agency MBS / Choppy Application Trends / Home Price Projections / MSR Offering

January 10, 2024
Brandon Ivey and Paul Muolo
JPMorgan Chase is no longer the largest issuer of non-agency MBS.
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Ginnie Issuance Volume Declines in Fourth Quarter

January 9, 2024
Brandon Ivey
Issuance declined by 16.7% on a quarterly basis in the fourth quarter, with the VA losing market share.
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CrossCountry Shifts to FICO 10 T, a First for MBS

January 9, 2024
Brandon Ivey
Mandatory use of FICO Score 10 T with the government-sponsored enterprises isn't scheduled until the third quarter.
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Short Takes: First American Restores Services / Credit Availability at Low Levels / Invitation Homes Settles Rent Hike Allegations / Compliance Trainer Acquired

January 9, 2024
Brandon Ivey
First American got its email system up and running again more than two weeks after a cyberattack.
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loanDepot Pulls Systems Offline Amid Cyber Incident

January 8, 2024
Brandon Ivey
loanDepot's servicing customers faced difficulties making mortgage payments over the weekend...
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Ginnie Issuance Declines in 2023; VA Loses Market Share

January 5, 2024
Brandon Ivey
Ginnie Mae guaranteed just $374.92 billion of new single-family mortgage-backed securities in 2023, its lowest in nine years. VA’s share of Ginnie activity narrowed to 37.4% from 43.3% in 2022.
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Strong Support for HUD Proposal on Counseling Flexibility

January 5, 2024
Brandon Ivey
Housing counseling providers are backing a proposal from HUD to permanently allow for services to be provided virtually rather than in-person.
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Interest Rate Movements Stall, Potentially for a While

January 5, 2024
Brandon Ivey
Interest rates on mortgages look likely to hold steady in the near term.
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Short Takes: Top Agency MBS Issuer in 2023 / Smaller Banks Concerned About HELOCs / Angelo Gordon Quick With MBS

January 5, 2024
Brandon Ivey
United Wholesale Mortgage barely edged out PennyMac as the top issuer of agency MBS in 2023.
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