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Home » Authors » Brandon Ivey

Articles by Brandon Ivey

Non-QM and Prime Non-Agency MBS Markets Diverge

June 13, 2019
Brandon Ivey
Issuance of MBS backed by non-QMs remains healthy while prime non-agency MBS activity has slowed.
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Self-Storage Share of Commercial MBS Increasing

June 13, 2019
Brandon Ivey
The share of self-storage loans in commercial MBS is increasing, raising concerns from investors. The loans are performing well, though.
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First Post-Crisis HELOC MBS in the Works by Cerberus’ FirstKey

June 13, 2019
Brandon Ivey
FirstKey Mortgage plans to issue a non-agency MBS stocked entirely with home-equity lines of credit, the first of its kind post-crisis.
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Lenders and Investors Divided on the Fix-and-Flip Market

June 13, 2019
Brandon Ivey

According to Craig Knutson of mortgage REIT MFA, yields on non-qualified mortgages are currently around 5% while yields on fix-and-flip loans are around 7%. Which would you choose?


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Servicers Concerned About FCC Call-Blocking Approval

June 13, 2019
Brandon Ivey

The FCC is allowing phone companies to more easily block illegal calls and unwanted calls. Mortgage servicers are concerned that legitimate calls to borrowers will inadvertently be blocked, which could cause problems.


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MBA Provides Disclosure for LIBOR ARM Applications

June 13, 2019
Brandon Ivey
The trade association has created a disclosure template that lenders can give borrowers who apply for adjustable-rate mortgages linked to the London benchmark rate. Industry participants are still trying to determine how existing ARMs linked to LIBOR should transition to a new index.
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Short Takes: Coming Clean on GSE CRTs / Do a Study / A World Dying for Yield / The CFPB is Doing What? / New Rez Readies New MBS / A Major Spike in Loan Applications / Waterstone Promotes Ziebell to GC

June 12, 2019
Paul Muolo, Brandon Ivey, and Yemeng Yang

Apparently, the Consumer Financial Protection Bureau is busy pursuing fair lending supervision and enforcement cases. Stay tuned...


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Slow Growth for Banks and First Liens

June 12, 2019
Brandon Ivey

Banks are beginning to slow their investments in first-lien mortgages...


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Annaly Readies Another Non-Agency MBS, This One Backed by GSE-Eligible Investment-Property Loans

June 12, 2019
Brandon Ivey

Issuers say they receive better execution on GSE-eligible investment-property loans in the non-agency market rather than delivering the collateral directly to Fannie and Freddie...


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Securitization ‘Fallback’ Lingo Drafted for the End of LIBOR

June 11, 2019
Brandon Ivey

Tom Wipf of Morgan Stanley: "It’s time that all market participants transition their products away from U.S. dollar LIBOR where possible..."


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