Brandon Ivey

Coronavirus Prompts Changes to MBS, ABS Rating Criteria

April 9, 2020

When issuance of non-agency MBS and ABS resumes, issuers will face tougher standards from rating services due to the coronavirus.

Jumbo Correspondent Lending Takes a Hit, Chase Still Active

April 9, 2020

Brandon Ivey

Wells Fargo has temporarily halted jumbo production through correspondent sellers while Chase, the other major player, is still active.

Financing Issues Mount for Angelo, Gordon's REIT

April 9, 2020

Brandon Ivey

Some of AG Mortgage Investment Trust's lenders are willing to enter forbearance agreements with the REIT...

Jumbo Correspondent Buyers: Who's In, Who's Out?

April 8, 2020

Brandon Ivey

Among the two largest firms that originate jumbo mortgages through correspondents, Chase is still active while Wells Fargo is on hiatus...

Large Nonbank Servicers’ Finances ‘Healthy’ at 1Q End

April 8, 2020

Brandon Ivey

Mr. Cooper and Ocwen disclosed relatively healthy financials for the first quarter. However, the overall outlook for nonbank servicers is uncertain

Non-Agency MBS Issuance Slowed in 1Q20. Reason: COVID-19

April 7, 2020

Brandon Ivey

Nearly all of the securitizations were completed in January and February.

Velocity Raising $45 Million Via Stock Sale to Address Funding Issues

April 7, 2020

Brandon Ivey

Since going public earlier in the year, Velocity Financial's share price has cratered...

Short Takes: Assistance for Nonbanks? Yes or No? / Big Trouble by Early May? / In the Queue / A Record Quarter for UWM / Ocwen’s Progress

April 3, 2020

Paul Muolo and Brandon Ivey

Anne Canfield of Michael Best Strategies: “This is a major issue. I can honestly tell you that nonbank mortgage servicers will not make it past early May. They will be out of business”…

Non-Agency MBS Issuance Slowed in First Quarter

April 3, 2020

Brandon Ivey

Issuance of non-agency MBS fell 8.2% in the first quarter, with the decline driven by the expanded-credit sector. The non-agency MBS market essentially shut down in March due to fallout from the coronavirus. (Includes data chart.)

Major Non-QM Lenders Suspend Production, Lay Off Staff

April 3, 2020

Brandon Ivey

The major producers of non-QMs suspended originations in March and, with the market paused, layoffs have started.

Articles by Brandon Ivey

Coronavirus Prompts Changes to MBS, ABS Rating Criteria

Jumbo Correspondent Lending Takes a Hit, Chase Still Active

Financing Issues Mount for Angelo, Gordon's REIT

Jumbo Correspondent Buyers: Who's In, Who's Out?

Large Nonbank Servicers’ Finances ‘Healthy’ at 1Q End

Non-Agency MBS Issuance Slowed in 1Q20. Reason: COVID-19

Velocity Raising $45 Million Via Stock Sale to Address Funding Issues

Short Takes: Assistance for Nonbanks? Yes or No? / Big Trouble by Early May? / In the Queue / A Record Quarter for UWM / Ocwen’s Progress

Non-Agency MBS Issuance Slowed in First Quarter

Major Non-QM Lenders Suspend Production, Lay Off Staff

Latest Imf News

Non-Agency MBS Issuance Hits Post-Crisis High in 1Q

ECOA Final Rule From CFPB Unchanged Following Proposal

AGNC Takes Loss in First Quarter With Agency MBS Volatility

NTEU Opposes Rushed Review of CFPB Layoff Plan

Featured Data

GSE Deliveries Weaken in First Quarter of 2026

GSE Lenders Stretch Credit Envelope in First Quarter

Bank Sales of Mortgages Rise to 2022 Level at End of 2025

Structured Finance Market Keeps Momentum Going

Featured Reports

GSE Repurchase Activity: Cumulative Through Fourth Quarter 2025 (PDF Format)

Mortgage Profitability Report 4Q25 (PDF)

Agency Channel Analysis: 4Q25 (PDF)

Mortgage Servicing Rights Report: 4Q25 (PDF)

Featured Poll

As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?