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Home » Authors » Brandon Ivey

Articles by Brandon Ivey

Verus Packages More Nonprime Mortgages for Investment Properties in MBS

December 13, 2018
Brandon Ivey
Loans from 36 lenders will be included, led by Sprout Mortgage with a 43.3 percent share.
Read More

In the Midst of the Holiday Season, Lenders Feel Glum About 1Q19 Originations

December 12, 2018
Brandon Ivey
Some good news: Fannie chief economist Doug Duncan said continued strength in borrower demographics and the labor market offer hope that conditions should stabilize in 2019 and may even improve.
Read More

Neuberger Berman Sources Majority of Loans for Non-QM MBS from Sprout Mortgage

December 11, 2018
Brandon Ivey
Based in Henderson, NV, Sprout is a correspondent lender.
Read More

Lenders Face Uncertainty After Supreme Court Refuses Case

December 7, 2018
Brandon Ivey
Bank of America, the nation’s fourth largest mortgage servicer, appealed the case to the Supreme Court…
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Short Takes: Stock Market Ugly / Bring on the Cash-out Refis? / GSE Stocks Can’t Catch a Break / Carrington Readies First Non-QM MBS / New Penn Unveils New Name: NewRez

December 6, 2018
Brandon Ivey and Paul Muolo
Carrington Mortgage is working on its first non-QM securitization...
Read More

Cerberus Affiliate Packages Seasoned Second Liens in Non-Agency MBS, a First for Post-Crisis Issuance

December 5, 2018
Brandon Ivey
Towd Point Mortgage Trust 2018-SJ1 is the first post-crisis non-agency MBS backed by second liens to receive a credit rating.
Read More

Jumbo Servicing Portfolios Largely Increasing

December 5, 2018
Brandon Ivey
Shellpoint Mortgage Servicing had the highest sequential growth rate among jumbo servicers…
Read More

OCC Issues Warning About Nonbanks and Looser Underwriting

December 4, 2018
Brandon Ivey
OCC examiners noted greater use of asset dissipation underwriting, a practice used to qualify borrowers using a “hypothetical income stream from their asset liquidation rather than debt-to-income ratios.”
Read More

Short Takes: Nomura and Ditech? / Ocwen Sets a New Low / Fannie, Freddie and NPL Sales / Citadel’s Growth in Nonprime Servicing / A New Hire for Mortgage Network

December 4, 2018
Brandon Ivey and Paul Muolo
Fannie Mae and Freddie Mac continue to sell NPLs but for how long?
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Prime Non-agency MBS May Plateau, Nonprime and Expanded Prime Expected to Grow

December 3, 2018
Brandon Ivey
KBRA said nonprime issuance in 2019 should benefit from an increase in origination volume and other efficiencies…
Read More
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