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Home » Authors » Brandon Ivey

Articles by Brandon Ivey

The Non-QM Drought is Over. Three Deals Hit the Market in a Single Day

June 17, 2021
Brandon Ivey
Feeding the non-QM MBS machine: affiliates of Angelo, Gordon & Co., Invictus Capital Partners and Shelter Growth Capital Partners...
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Grapevine: A Rare Type of M&A / SoFi’s Mortgage Aspirations

June 17, 2021
Paul Muolo and Brandon Ivey
Nonbank Cornerstone Home moves to buy an FDIC-insured institution. Also, should anyone be worried about SoFi’s progress in mortgages?
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GOS Margins Get Squeezed. The First Victim: TPOs

June 16, 2021
Brandon Ivey
Lending through third-party originators, particularly wholesalers, has experienced the most margin compression, according to Baron Silverstein of NewRez...
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Lenders: Risk-Retention Link Between QMs and QRMs Should Stay

June 16, 2021
Brandon Ivey
The feds were slated to start reviewing the rules in 2020 but put the examination on hold pending the revision of QM standards.
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Short Takes: Fifth Third’s Warehouse Chief / Still Searching / A Disruptor’s IPO / Facebook Executive Gets a Board Seat / Applications Rebound / TowneBank’s New LO Hire

June 16, 2021
Paul Muolo and Brandon Ivey
From what we understand, Fifth Third continues to search for warehouse talent...
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Home Mortgages Playing a Larger Role at SoFi

June 15, 2021
Brandon Ivey
In 1Q21, the San Francisco-based SoFi originated $735.6 million of mortgages, accounting for 28.9% of total loans produced.
Read More

Nomura to Issue its First Warehouse Funding Securitization

June 14, 2021
Brandon Ivey
Initially, the securitization will facilitate originations by Finance of America Mortgage and Quicken Loans...
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Short Takes: Gaining Traction: Ginnie MSR Auctions / A Hike in Underwriter Fees? / AGNC’s Stock Maneuver / CS Extends Line to Nonbank / Additional Duties for Goodman

June 14, 2021
Paul Muolo and Brandon Ivey
HomeLight, a financing company that allows homebuyers to make cash offers, recently received a $100 million credit facility from Credit Suisse…
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Two Mortgage Vendors Raise a Combined $100M

June 11, 2021
Brandon Ivey
Stavvy has secured $40 million in an initial funding round while Spruce closed on a $60 million Series C round. The vendors provide tech-related services for lenders and servicers.
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Title Company Doma Posts Loss Ahead of Public Debut

June 11, 2021
Brandon Ivey
Officials at Doma, which is set to go public via a special purpose acquisition company maneuver, said the company might not be profitable until 2023.
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