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Home » Authors » Brandon Ivey

Articles by Brandon Ivey

Banks Look Forward to Revised Capital Treatment on MSRs; Worse Than Greek Bonds?

October 24, 2017
Brandon Ivey
Speaking at the MBA convention, one executive said that under current rules, bank holdings of MSRs are treated more harshly than holdings of Greek bonds.
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Short Takes: ‘Zero Capital’ Gets Zero Mention by FHFA Director Watt / Fannie CEO None-Too-Thrilled with ‘Colonial Style’ / Flagstar Cites Sweet Profits from Homebuilder Finance / No Housing Bubble, Says Arch / Capstead Gets a New CFO

October 24, 2017
Brandon Ivey and Paul Muolo
Homebuilder finance is booming at Flagstar Bancorp...
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SEC Provides Redwood with No-Action Letter Regarding Investments in GSE Credit-Risk Transfer Deals

October 20, 2017
Brandon Ivey
The GSEs are also working toward issuing credit-risk transfer deals as real estate mortgage investment conduits, which would allow REITs to hold more of the assets.
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Brokers Wanted to Send a Message to Wholesalers, Starting a ‘BRAWL’

October 20, 2017
Brandon Ivey
BRAWL chief Tony Casa said if loan brokers want to send a message to firms that operate in both wholesale and retail, brokers should take their business elsewhere.
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GOP Critical of Fannie/Freddie QM Exemption

October 20, 2017
Brandon Ivey
FHFA chief Mel Watt acknowledged the advantage provided to GSE-eligible mortgages...
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Freddie Mac Pushes Back Against Criticism on Its Use of Equifax

October 19, 2017
Brandon Ivey
However, officials at Freddie said the claims regarding the GSE and Equifax lacked context.
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Mortgage Due Diligence Firms Open to Working Together to Standardize Reporting

October 19, 2017
Brandon Ivey
Each due diligence firm applies its own interpretation of compliance...
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Arch Continues Re-Insurance Transactions Started by UG; New Issuance the First to Receive a Rating

October 18, 2017
Brandon Ivey
Mortgages delivered to the GSEs with an unpaid principal balance of $29.30 billion are included in the transaction.
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Short Takes: The Little Guy Gets a G-Fee Break / A Coming Spike in G-Fees? / More Financial Maneuvers by Radian / A Hot Streak for Non-Agency Prime MBS / A Stock Market Crash Warning from Treasury Secretary Mnuchin

October 18, 2017
Brandon Ivey and Paul Muolo
Might this suggest that g-fees charges could spike next year when zero hour comes?
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Redwood Aims for Jumbos Outside of Banks’ Focus

October 17, 2017
Brandon Ivey
Redwood’s Choice loan program allows for debt-to-income ratios of up to 49.9 percent while the limit for Select is 43.0 percent…
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