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Home » Authors » Brandon Ivey

Articles by Brandon Ivey

Short Takes: Okay, Maybe Trump Can Fire Cordray / Relying on the DOJ’s Office of Legal Counsel / It all Started with PHH / New Turf for WVA Brokerage Firm / Distressed Mortgage Deal

December 28, 2016
Brandon Ivey and Paul Muolo
The Mortgage Center, a West Virginia-based loan brokerage firm managed by Marc Savitt, plans to open new offices in Florida and New Mexico early next year…
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DB and Credit Suisse Settle Legacy MBS Cases with DOJ; Barclays Faces New Lawsuit

December 27, 2016
Brandon Ivey
Subprime MBS cases continue to haunt Wall Street…
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Share of Loans that Close on Time Increasing

December 27, 2016
Brandon Ivey
Other loan types also generally showed improved closing times.
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Broker Market Share of Jumbo Production Slips in 3Q16

December 22, 2016
Brandon Ivey
The retail channel accounted for 91.7 percent of Wells Fargo’s jumbo production during the first nine months of 2016…
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Freddie Issues its First CRT Securitization Backed by Seasoned Mortgages

December 22, 2016
Brandon Ivey
The mortgages in the CRT deal have seasoned for an average of 10 years and are serviced by Select Portfolio Servicing.
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OCC Warns of Credit Risk as Banks Loosen Underwriting Standards for Mortgages

December 21, 2016
Brandon Ivey
The OCC’s study covers 85 banks that originate first-lien mortgages…
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Fitch Assigns Subprime Servicer Rating to Citadel. Could a ‘Rated’ Nonprime MBS Deal be Next?

December 21, 2016
Brandon Ivey
The company doesn’t outsource or offshore any of its servicing activities.
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Interest-Only Originations Falter (For Some) in 3Q16

December 20, 2016
Brandon Ivey
After PHH Mortgage, the other top IO producers in 3Q16 were JPMorgan Chase, First Republic Bank, MUFG Union Bank, and Citibank.
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AMC Dominates Third-Party Due Diligence Completed on Non-Agency MBS

December 20, 2016
Brandon Ivey
Fitch said AMC’s market share of due diligence on non-agency MBS was boosted by the acquisition of JCIII & Associates a year ago.
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The NYCB-Astoria Financial Merger is Kaput

December 20, 2016
Brandon Ivey
Consumer advocates were among the groups that opposed NYCB’s acquisition of Astoria…
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