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Home » Authors » Brandon Ivey

Articles by Brandon Ivey

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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Impac Boosts Originations by Almost 30 Percent; MSR Portfolio up 42 Percent

November 3, 2016
Brandon Ivey
Thanks to CashCall, its call center operation, Impac is posting strong production numbers and profits…
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Wells Fargo’s Mortgage Referral Activity Takes a Hit After Cross-Selling Controversy

November 3, 2016
Brandon Ivey
On Thursday Wells said it’s raising its reserves, noting that the SEC has been added to the list of federal agencies investigating its sales practices.
Read More

First-Time Homebuyer Share Tanks

November 2, 2016
Brandon Ivey
At the recent annual convention of the Mortgage Bankers Association, trade group chief Dave Stevens said originators are being discouraged from lending to some first-time homebuyers.
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CFPB Faults Lenders for Poor Compliance Management Systems, Violations of Various Regulations

November 1, 2016
Brandon Ivey
The CFPB also found that some banks used employees from a staffing agency who were not properly registered or licensed...
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Short Takes: Trouble Ahead for the GSEs, Warns Former Audit Committee Director / A $3 Billion Capital Buffer Should Do the Trick / Shadow = Illegal? / Stonegate GC Jumps Ship for FGMC / A Correction

October 31, 2016
Brandon Ivey and Paul Muolo
Are nonbanks 'shadow' institutions, and if so, is that a bad thing?
Read More
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