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Home » Authors » Brandon Ivey

Articles by Brandon Ivey

SEC Faults Larger Rating Services for Issues Tied to Reviews on Non-Agency MBS

December 30, 2015
Brandon Ivey
The SEC recommends that the rating service in question establish and maintain effective internal controls and more…
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Short Takes: The loanDepot IPO Could Happen in 2016 / Just Because the CFPB Issues a Letter That Doesn’t Mean Some Lawyer Somewhere Won’t Sue / FA: Fraud Risk Rises in FL / Radian Becomes PMIER Compliant

December 30, 2015
Carisa Chappell, Brandon Ivey, and Paul Muolo
Now that the Consumer Financial Protection Bureau has issued a “clarifying” letter on TRID errors, all is well, right? Not necessarily...
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California CU Offering No Downpayment Option, Using a 80/20 ‘Piggyback’ Loan

December 29, 2015
Brandon Ivey
Borrowers are required to have a credit score of at least 700 and at least three months of reserves...
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Short Takes: Home Prices Back to Pre-Bust Levels / Hot Growth for Denver, SF, Portland / A 10-Year HELOC / FHLB Cuts Warehouse Line / WJB Picks a New CIO

December 29, 2015
Carisa Chappell, Brandon Ivey, and Paul Muolo
It’s not every day that a Federal Home Loan Bank tells one of its members to reduce its credit facilities...
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Residential Servicers Cut Staffing Levels – But Banks Cut the Most

December 28, 2015
Brandon Ivey
Banks had an average of nearly 500 loans per full-time employee in the third quarter, up from almost 400 at the end of 2014.
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Clayton Homes Pushes Back Against Accusations of Discriminatory Lending on Manufactured Homes

December 28, 2015
Brandon Ivey
Clayton said the outlets’ analysis didn’t include factors such as a borrower’s credit score, downpayment, loan size, collateral and land type...
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Banks Sharply Reduce Use of ‘Proprietary’ Loan Mods in 3Q15

December 28, 2015
Brandon Ivey
The banks completed 22,459 proprietary mods in the third quarter, down 25.4 percent compared with the previous quarter...
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Time to Stop Blaming TRID for Everything, Including the NAR Sales Figures?

December 23, 2015
Brandon Ivey
Industry analysts didn’t have TRID to blame for the decline in home sales last year. Instead, NAR's Lawrence Yun said the decline was part of a seasonal trend.
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CitiMortage Prevails After Correspondent Lender Refused to Repurchase Faulty Mortgages

December 22, 2015
Brandon Ivey
“The buyer did exactly what the contract allowed it to do, namely, determine that a loan was defective and demand repurchase,” Judge Wollman wrote in his ruling.
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Jumbo Funder BofI Expands Into Agency Products with Wholesale Offering; Receives Ginnie Issuer Approval

December 21, 2015
Brandon Ivey
The bank's expansion into government lending comes after a noticeable decline in its share price...
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