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Home » Authors » Brandon Ivey

Articles by Brandon Ivey

Mortgage Advisory Firm Collingwood Group Acquired by Global Player Situs

May 3, 2017
Brandon Ivey
Collingwood was founded in 2009 by industry veterans Brian O’Reilly, Brian Montgomery and Tim Rood.
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Bank of America Retaining More GSE-Eligible Mortgages

May 3, 2017
Brandon Ivey
Bank of America is retaining more of its GSE-eligible loans, though the strategy can result in short-term decreases to mortgage-banking income.
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Short Takes: Mnuchin to the GSEs: Keep Those Checks Coming / Speculation on a Payment Change / Ocwen Makes Some Headway / 735,000 Loan Mods and Counting / First Mr. Cooper, Now Morty

May 3, 2017
Brandon Ivey and Paul Muolo
Perhaps the new Treasury secretary finally looked at the numbers, realizing that Fannie and Freddie – wards of the government since September 2008 – forked over roughly $20 billion to Uncle Sam…
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Impact Unclear in Miami-Predatory Lending Supreme Court Case

May 2, 2017
Brandon Ivey
Some analysts believe the Supreme Court’s ruling will result in the filing of new claims, but the Buckley Sandler law firm sees it differently...
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Nonprime Lender Deephaven Passes the $1.0 Billion Mark in Loan Acquisitions

May 2, 2017
Brandon Ivey
Deephaven CEO Matt Nichols is a former managing director at Goldman Sachs & Co.
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Short Takes: Mr. Who? / What were the Other Choices? / Cerberus Readies MBS Backed by Seasoned Loans / What Works Best for Freddie’s Profits / Help Wanted: Idaho Mortgage Banker

May 2, 2017
Brandon Ivey and Paul Muolo
If Mr. Cooper was the first choice, what were the others?
Read More

Jumbo Originations Down Sharply in 1Q17, but Lenders Remain Optimistic

May 1, 2017
Brandon Ivey
While jumbo production fell on a sequential basis, many lenders saw a gain when compared to the same quarter a year earlier…
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Proposed Changes from S&P to Non-Agency MBS Rating Criteria Would Favor Prime Mortgages

May 1, 2017
Brandon Ivey
S&P said the revisions are intended to better reflect the evolution of the U.S. residential mortgage market over the past several years…
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CFPB Warns of ATR Issue with Non-QMs

May 1, 2017
Brandon Ivey
The regulator cautioned that a large downpayment alone isn’t sufficient to prove a borrower’s ability to repay a non-QM that is based on the consumer’s assets.
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ICBA Calls for Delay of Single Security Until GSEs are Recapitalized and Released from Conservatorship

April 25, 2017
Brandon Ivey
The ICBA believes the GSE risk-sharing securities are illiquid and would likely “dry up” in times of market stress.
Read More
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