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Home » Authors » Brandon Ivey

Articles by Brandon Ivey

New Rez: Large MSR Transfers from Banks to Nonbanks DoA; REIT in Talks with the FHFA…

February 22, 2017
Brandon Ivey
Officials at New Rez are set to meet with the FHFA to discuss servicing issues, including MSR financing…
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Short Takes: A Huge Rally for Fannie, Freddie Common (for Today At Least) / Will Investors Lose Patience with Pershing Square and Bill Ackman? / FIG Purchase by Japanese Bank Won’t Affect New Residential / Parkside Expands Jumbo Offerings

February 22, 2017
Brandon Ivey and Paul Muolo
Market watchers must be wondering just how long investors will continue to believe in the GSE “bet” made by hedge fund manager Pershing Square Capital Management.
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Trouble in the Jumbo Sector? Originations Decline for Second Consecutive Quarter; Market Share Down Too

February 21, 2017
Brandon Ivey
Meanwhile, it appears that JPMorgan Chase is ready to surpass Wells Fargo as the market leader in jumbo production…
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‘Unique’ Risks in Making Mortgages to Foreign Nationals?

February 16, 2017
Brandon Ivey
The main risks in making mortgages to foreign nationals: the borrower’s lack of credit history and issues tied to income verification.
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MBS and ABS Sectors Adjusting to Risk-Retention Requirements

February 15, 2017
Brandon Ivey
Sponsors can generally meet the requirements by retaining the most subordinate tranches of the securitization equaling at least 5.0 percent of the deal…
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Another New Entrant to the Nonprime MBS Market: Galton

February 14, 2017
Brandon Ivey
Mariner is an investment advisor that manages roughly $13.5 billion in assets...
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Short Takes: Strong Earnings for Arch / More Subprime MBS Deals May Hit the Market / A New Loan Program from Citadel / CFTC Issues No Action Letter

February 14, 2017
Brandon Ivey and Paul Muolo
In the nonconforming market, Citadel Servicing Corp., Irvine, CA, has just rolled out a new 12-month bank statement loan program…
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JPMorgan Readies Large Non-Agency MBS Including Many Conforming Jumbo Mortgages

February 13, 2017
Brandon Ivey
Contributors to deal include Quicken Loans and United Shore Financial Services, both top-ranked nonbank originators...
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Short Takes: Senate Unlikely to Approve New CHOICE Act / Cherry Hill Receives Ginnie Approval / Newer Mods Re-Defaulting Faster / Fewer Underwater Borrowers

February 10, 2017
Brandon Ivey
Analysts at FBR Capital Markets said the revised Financial Choice Act has “little chance of passage” in the Senate.
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First Nonprime MBS from Invictus Receives AAA Ratings

February 9, 2017
Brandon Ivey
The bulk of the contributions for the MBS were aggregated by Invictus’ Verus Mortgage Capital affiliate. Servicing will be handled by Specialized Loan Servicing.
Read More
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