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Home » Authors » Brandon Ivey

Articles by Brandon Ivey

Short Takes: The Ginnie Mae ‘Acknowledgement Agreement’ is Late / Caliber and M&A? / Genworth Chief Not Losing Sleep Over Trump and the GSEs / CP Says ‘Sell’ Walter / Ocwen’s Faris Bullish

November 10, 2016
Brandon Ivey and Paul Muolo
Compass Point has concerns whether Walter's servicing business (Ditech) can return to profitability…
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Supreme Court Justices Appear Willing to Rule in Favor of Miami in Controversial Fair Housing Act Case

November 9, 2016
Brandon Ivey
The attorney for the lenders faced scrutiny from some of the liberal-leaning justices on the Supreme Court, including Justices Ruth Bader Ginsberg, Elena Kagan and Sonia Sotomayor
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Jumbo Originations Show Signs of Decline at Certain Banks

November 8, 2016
Brandon Ivey
EverBank – which is in the process of being sold to TIAA – originated $869.8 million of jumbos in 3Q16, a 1.5 percent sequential decline, and down 28.7 percent from the third quarter of 2015.
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Redwood Boosts 3Q Income with Above-Average Margins on Jumbo Operations

November 8, 2016
Brandon Ivey
Redwood sold $774.0 million of home mortgages into a welcoming whole loan market along with a $358.00 million jumbo MBS…
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Shellpoint Plans First Non-Agency MBS in More than a Year

November 8, 2016
Brandon Ivey
Shellpoint is the parent of New Penn Financial and Shellpoint Mortgage Servicing, both top-50 players…
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Short Takes: Negative Feelings on GSE Reform / Zero Capital is Not An Issue / GSE Subcommittee Chairman Garrett May be Vulnerable / Jumbo MBS Execution Improves / Stonegate Hires Ex-US Bank Official

November 8, 2016
Brandon Ivey and Paul Muolo
And roughly 24 percent of IMFnews viewers believe that reform of Fannie Mae and Freddie Mac likely won’t happen in their lifetime…
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Florida Supreme Court Sets Precedent Favoring Servicers in Foreclosure Case

November 7, 2016
Brandon Ivey
Almost six years after the initial foreclosure complaint was filed, the same borrower was facing a subsequent foreclosure action due to another default on the mortgage…
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CFPB Reveals Actions Taken Against Non-QM Lenders on Income Verification

November 7, 2016
Brandon Ivey
The CFPB did not like the idea of some lenders using an Internet-based tool that aggregates employer data and estimates income based upon each consumer’s zip code, job title, and years worked…
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Short Takes: A Decent Quarter for Stonegate? / A Move Toward TPO / FGMC Seeks LOs for Goodmortgage.com / Garrett’s Role in HomeBridge Deal / Freddie Prepares New HLS

November 7, 2016
Brandon Ivey and Paul Muolo
Not too long ago, Stonegate Mortgage began deemphasizing retail in favor of correspondent and wholesale...
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PennyMac Financial Sets Company Record on Correspondent Volume; Will Use Brokers by Mid-Year 2017

November 4, 2016
Brandon Ivey
By midyear 2017, PennyMac Financial will be table funding mortgages through third-party loan brokers.
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