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Home » Authors » Brandon Ivey

Articles by Brandon Ivey

IO Lending a Bright Spot for Non-Agency Market in Third Quarter

December 11, 2020
Brandon Ivey
Among a group of 15 lenders, IO production increased by 22% in the third quarter and by 60% at the nine-month mark. (Includes data chart.)
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Non-Agency Loan-Mod Practices Vary Widely

December 11, 2020
Brandon Ivey
Forbearance offers depend on what’s allowed by non-agency MBS contracts, but some deals don’t address the issue at all.
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Bank Holdings of First Liens Increase in Third Quarter

December 11, 2020
Brandon Ivey
Holdings increased by 1.2% in the third quarter. Wells’ boosted its portfolio while BofA reduced its holdings. (Includes data chart.)
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Jumbo MBS with Newer Loans Hit the Market

December 11, 2020
Brandon Ivey
Three issuers of jumbo MBS offered deals in the past two weeks, including the first post-2010 issuance from Morgan Stanley.
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News Briefs

December 11, 2020
Brandon Ivey
Loans in forbearance decline; non-QM impairment rate falls; non-agency trading booming at Maxex; fix-and-flip lender on track for $1 billion in production; former Ocwen CFO now leading LendingHome.
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State Regulators Seek Clarification on when Coronavirus Loan Mod Eligibility Ends

December 11, 2020
Brandon Ivey

The CARES Act established a mandate for forbearance but the Conference of State Bank Supervisors said it’s not clear when residential servicers should stop offering new relief plans.


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MBS and ABS Investors ‘Cautiously Optimistic’ Amid Pandemic

December 10, 2020
Brandon Ivey
Speakers at this year’s ABS East conference — held online — focused on how the coronavirus impacted assets and the outlook for 2021.
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Servicers See Strong Investor Demand for Advance Facilities

December 10, 2020
Brandon Ivey
Investors helped nonbank servicers with their advancing obligations for delinquent mortgages this year, but the outlook is murky.
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Short Takes: 'Final' QM Rule is Out / Hanging in the Balance: Residential Finance / Made by Uncle Sam / Speculating in GSE Common? / Chimera’s New MBS / Fair Lending Changes?

December 10, 2020
Paul Muolo, Brandon Ivey, and Yemeng Yang

Betting on the right GSE outcome might be foolish, or very profitable...


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Freddie Preps CRT Deal Following New Capital Requirements

December 10, 2020
Brandon Ivey

Fannie suspended CRT issuance earlier this year when the FHFA proposed new capital requirements for the GSEs. Freddie, though, stayed in...


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