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Home » Authors » Brandon Ivey

Articles by Brandon Ivey

Surprise: Prime Non-Agency MBS Issuance Spiked in the Third Quarter

October 16, 2017
Brandon Ivey
The nonprime MBS category includes some deals better categorized as Alt A…
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Citadel Receives Ratings from Morningstar; Look for a Nonprime MBS in January

October 16, 2017
Brandon Ivey
Morningstar said the company’s underwriting process, quality control and compliance functions were factors in the rankings…
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Short Takes: Residential Production Plunges at Citi / MSR Holdings Down Too / But a Nice Profit for 3Q17 / JPMorgan Readies New Non-Agency MBS / Ocwen Exiting Wholesale Channel / Fannie Announces New NPL Auctions

October 12, 2017
Brandon Ivey and Paul Muolo
Citi’s third-party servicing portfolio is down to $49.1 billion from $147.6 billion at Sept. 30, 2016...
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Lenders Not Pleased with LOS Systems, ‘LeadGen’ in Particular Gets Low Marks

October 10, 2017
Brandon Ivey
Lenders are none-too-thrilled with LOS compliance functions as well…
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A ‘BRAWL’ Forms, Broker Group Accuses Certain Lenders of Stealing Borrowers

October 10, 2017
Brandon Ivey
For now, BRAWL isn’t naming names, but credited three lenders for being “true partners” because more than 90 percent of their production comes through the wholesale channel...
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Short Takes: CIT Will Take Hefty Hit on Sale of Financial Freedom / OneWest’s Roots / Fannie and Freddie Affected by Deloitte Hack? / ALTA Unveils Registry / A New Hire for Platinum

October 10, 2017
Brandon Ivey and Paul Muolo
CIT Group will take a charge of up to $50 million on the sale of Financial Freedom...
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Demand for RPLs Strong; Chimera Issues First Deal, MetLife is Ready

October 6, 2017
Brandon Ivey
MetLife said a number of new investors have started buying RPLs in recent years. And even with the strong demand, it’s still a market that offers relatively attractive returns…
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Treasury Answers Trump’s Call on Looser Regs, Floats Ideas for MBS and ABS Markets

October 6, 2017
Brandon Ivey
The capital and liquidity requirements targeted by Treasury were largely established by the Basel III accords and the Dodd-Frank Act…
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Trouble in IO Land? 1H17 Production Down Almost 20 Percent

October 4, 2017
Brandon Ivey
First Republic Bank originated $1.90 billion of IOs in the second quarter of 2017, ranking first nationwide.
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A Coming Boom for Non-Agency MBS? New Deals are Oversubscribed

October 4, 2017
Brandon Ivey
Kroll Bond Rating Agency projects that about $11.0 billion of prime non-agency MBS will be issued this year…
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