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Home » Authors » Brandon Ivey

Articles by Brandon Ivey

Jumbo Lending Increased in 2Q17, but Volume Lagging Last Year’s Pace

August 22, 2017
Brandon Ivey
Wells Fargo regained the title of the top non-agency jumbo lender in the second quarter, besting Chase…
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OCC Sets Process for Banks to Originate Mortgages with LTV Ratios Greater than 100 Percent

August 22, 2017
Brandon Ivey
The OCC noted that Fannie Mae, Freddie Mac and the FHA all offer loan options aimed at property rehabilitation…
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Short Takes: loanDepot’s Hsieh has Some Fun / Fannie’s Forecast / Finance of America Ramps Up Reverses / Jumbo Credit Standards Loosened, Somewhat / New Regional Hires for Silver Hill

August 22, 2017
Brandon Ivey and Paul Muolo
No update from loanDepot on the IPO, but CEO Anthony Hsieh took some shots at the rumor mill...
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A New Tally: Nonconforming Originations Hit $7 Billion in 2Q17

August 21, 2017
Brandon Ivey
Our ranking of the nonconforming sector is divided among lenders that specialize in the products and those where it accounts for a small slice of production.
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Citadel Offering One-Month Bank Statement Program with Minimum Credit Score of 700

August 17, 2017
Brandon Ivey
In its new bank-statement program, Citadel will make mortgages of up to $3 million…
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Lenders Starting to Use Webcams to Close Loans

August 17, 2017
Brandon Ivey
The company is also working with Stewart Title...
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RE Crisis Post-Mortem: Home-Price Depreciation a Bigger Driver of Defaults than Unemployment

August 15, 2017
Brandon Ivey
S&P focused on mortgages originated between the second half of 2005 and the first half of 2008.
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California Bank Cuts Mortgage Staff as Refis Decline

August 14, 2017
Brandon Ivey
Provident noted that overcapacity is putting pressure on origination margins…
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With Refi Activity Declining, Some Nonbanks Turn to Non-QMs, Including Nationstar

August 10, 2017
Brandon Ivey
Non-QMs carry more regulatory risk than conventional loans, but an increasing number of shops are willing to take on the product as refis slump…
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Short Takes: Walter Exits Reverse Lending, May Sell the Business / Redwood Queues Up Another Jumbo Deal / Dark Money in Cordray Effort? / A Small Gain for Applications / New Hires for Churchill

August 10, 2017
Brandon Ivey, Paul Muolo, Sherry Muolo, and Thomas Ressler
It’s safe to say that CFPB Director Richard Cordray has been one of the most controversial financial regulators to work in Washington, D.C. for quite some time...
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