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Home » Authors » Brandon Ivey

Articles by Brandon Ivey

Short Takes: VA Foreclosure Moratorium / KBW Downgrades Rocket / Affordability Issues

December 29, 2020
Brandon Ivey

VA's moratorium on foreclosures was scheduled to end Dec. 31.


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UI Analysts Suggest Federal Oversight of Nonbank Servicers

December 29, 2020
Brandon Ivey

The analysts suggested that the Federal Housing Finance Agency or the Federal Reserve should handle regulation of nonbank servicers.


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Jumbo Servicing Declines in Third Quarter

December 29, 2020
Brandon Ivey

Prepayments outpaced new production, prompting a decline in jumbo servicing volume.


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FHFA Seeks Input on GSE Appraisal Issues

December 29, 2020
Brandon Ivey

Questions posed by the FHFA include whether the GSEs should use appraisal waivers and how lenders might manipulate automated underwriting systems when seeking an appraisal wavier from the GSEs.


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CFPB Opts for QM Standards for ARMs Opposed by Lenders

December 28, 2020
Brandon Ivey

The CFPB noted that lenders didn't provide relevant data that had been requested by the regulator during the comment period.


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Trump Signs Bill with Stimulus Package and Government Funding

December 28, 2020
Brandon Ivey

The signature averts a shutdown of the federal government and paves the way for stimulus payments while Trump pressures Congress to send even bigger checks.


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Federal Agencies Extend Enrollment Period for Forbearance through February

December 28, 2020
Brandon Ivey

Based on language in the CARES Act, it was possible that the enrollment period for forbearance on federally-backed mortgages would end on Dec. 31.


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Short Takes: Slight Uptick in Forbearance / Outlook for Interest Rates / Planet Home Lending’s Servicers Ratings Affirmed

December 28, 2020
Brandon Ivey

The number of loans in forbearance increased during mid-December and could decline in early January, according to Black Knight.


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CFPB Defends Moving QM Away from 43% DTI Ratio Metric

December 23, 2020
Brandon Ivey
The mortgage market was expected to be ready to take on the 43% DTI ratio limit for qualified mortgages by 2021. However, it didn’t work out that way.
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Jumbo Servicing Declines Amid Refi Boom in Third Quarter

December 23, 2020
Brandon Ivey

The amount of jumbo servicing outstanding among a group of 30 firms tracked by INM declined by 1.2% during the third quarter. Three big banks saw their portfolios shrink while First Republic increased its receivables.


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