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Home » Authors » Brandon Ivey

Articles by Brandon Ivey

Purchase Mortgages Dominate Jumbo MBS Issuance in 3Q18

October 22, 2018
Brandon Ivey
Prime jumbo MBS issuance continues to be dominated by 30-year FRMs, with few interest-only products represented…
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More Experimentation in Non-Agency MBS Market with Issuance from Verus

October 22, 2018
Brandon Ivey
The structure results in principal payments to subordinate classes earlier in the transaction…
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Short Takes: HUD Shows its Enforcement Stripes / Otting, the Next (Interim) FHFA Director? / Sprout Mortgage Feeds Verus Nonagency MBS / Mayer Brown Hires CMG Attorney

October 22, 2018
Brandon Ivey and Paul Muolo
Otting is Comptroller of the Currency. The speculation is that he will pull a Mick Mulvaney and wear two hats for a while…
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New Residential Issuing Non-QM MBS with Loans from New Penn

October 19, 2018
Brandon Ivey
In total, 54.0 percent of the loans were underwritten using bank statements…
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Fitch Faults Other Rating Services for AAA Grade on Galton’s Non-Agency MBS

October 18, 2018
Brandon Ivey
The three rating services noted the unique treatment of unpaid interest in their presale reports…
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Short Takes: BCFP, Not CFPB / At MBA, Standing Room Only for Mick Mulvaney / Annaly Readies Non-QM MBS / A Warehouse Securitization Deal for loanDepot / Cash is King

October 18, 2018
Brandon Ivey and Paul Muolo
An affiliate of Annaly Capital Management is preparing to issue a $384 million mortgage-backed security stocked with non-qualified mortgages and loans for investment properties…
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loanDepot Preps Second Prime Non-Agency MBS of the Year; Galton Increases ECM Issuance

October 17, 2018
Brandon Ivey
Some 20.9 percent of the loans in the new loanDepot MBS are eligible for sale to the GSEs, down from 40.7 percent in the previous deal from the nonbank…
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Short Takes: What Will Ben Carson Cut? / GSE DTI Ratios Too High? / A Woman May Head the FHFA / Nomura Settles with DOJ / Strong Earnings from MGIC / Needed: Some CFPB Guidance

October 17, 2018
Brandon Ivey, Paul Muolo, and Yemeng Yang
Budget cuts coming to HUD?
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Flagstar Readies Non-Agency MBS Stocked with GSE-Eligible Loans for Investment Properties

October 16, 2018
Brandon Ivey
Some 78 percent of the loans are GSE-eligible mortgages for investment properties…
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Mortgage Venture Partners Plans to Buy Nonagency Loans with an Eye Toward Securitization

October 12, 2018
Brandon Ivey
Mortgage Venture Partners is also working on a non-qualified mortgage jumbo second lien product…
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