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Home » Authors » Brandon Ivey

Articles by Brandon Ivey

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…
Read More

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
Paul Muolo, Thomas Ressler, Brandon Ivey, and Sherry Muolo
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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Impac Shifts Production Away from GSE Mortgages to Non-QMs and Government-Insured Loans

August 9, 2017
Brandon Ivey
In trading Wednesday, Impac’s share price was down almost 6 percent…
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Short Takes: The FCA and VA Loans? / CFPB to Zillow: You’d Better Settle / Some Details on JPM’s New Non-Agency MBS / Buying a Home Without Ever Seeing It / Altisource Hires Nomura Executive

August 9, 2017
Paul Muolo, Thomas Ressler, Brandon Ivey, and Sherry Muolo
Morningstar said the ratings were discontinued due to a request from Ocwen...
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Loans in New ‘Nonprime’ MBS Look like ‘Alt A’ Loans Really

August 8, 2017
Brandon Ivey
In fact, some of the underwriting characteristics on new nonprime loans are even stronger than the credit quality on pre-crisis Alt A mortgages…
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