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Home » Authors » Brandon Ivey

Articles by Brandon Ivey

Credit Suisse to Take a Loss in 4Q20 Due to Legal Defeat

January 14, 2021
Brandon Ivey
The New York Supreme Court recently ruled in favor of the plaintiff in a decade-plus-old case against Credit Suisse tied to legacy non-agency MBS.
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Short Takes: Strong 4Q Results for CA Jumbo Lender / Tennessee Mortgage M&A / Fast Growth / Non-Agency MBS from Goldman and Verus / Waiting on PSPA News?

January 14, 2021
Paul Muolo and Brandon Ivey

However, when it comes to mortgage gain-on-sale metrics, the news was less positive: 158 basis points in 4Q20 vs. 493 bps in 3Q20...


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Will the New QM Rule Readjust Mortgage Sector Market Share?

January 14, 2021
Brandon Ivey
The new standards for qualified mortgages will provide lenders more underwriting options. But how much change that will bring in product market share remains to be seen.
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JPMorgan Backs Figure with New $100 Million Credit

January 14, 2021
Brandon Ivey

The facility allows for originations of jumbo mortgages along with conforming loans.


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Lenders Have More Freedom Under New QM Standards

January 13, 2021
Brandon Ivey

Corina Gonzalez, a senior vice president at DBRS, believes it will take time for the new standards to prompt changes in the origination equation.


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MBA Pauses Political Contributions from its PAC

January 12, 2021
Brandon Ivey

MORPAC raised roughly $1.5 million in 2020 and made more than $2.3 million in political contributions during the 2019/2020 cycle.


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Short Takes: The Growing Wholesale IPO Club / A Nice Profit After a Loss / Wholesale Tech Firm Acquired / Legacy Liability for CS / FHA’s Flood Problem

January 11, 2021
Brandon Ivey, Paul Muolo, and Maria Volkova

A few fun facts about Home Point: Through the first nine months of 2020 the company posted net earnings of $422 million compared to a loss of $45 million for the comparable period a year earlier.


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Caliber Affiliate Stocks MBS with Previously Securitized Non-QMs

January 11, 2021
Brandon Ivey

The underlying loans have seasoned for an average of 28 months.


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Renovate America Securities Safe from Bankruptcy Implications

January 8, 2021
Brandon Ivey

Between 2014 and 2018, Renovate America issued 13 PACE ABS, amassing a volume total of $2.83 billion. However, the company didn’t issue a single deal after May 2018...


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Forbearance Helped Many Borrowers Avoid Foreclosure

January 8, 2021
Brandon Ivey
It’s too early to tell if the foreclosures have been avoided altogether or just pushed further into the future, a Federal Reserve economist said.
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