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Home » Authors » Brandon Ivey

Articles by Brandon Ivey

96 Million Potential Mortgage Customers? (Hint: They’re Renters)

April 1, 2016
Brandon Ivey
The HFPC found that 63.8 million adults – 52 percent of renters in the country – don’t have a high enough credit score to qualify.
Read More

Surprise: OCC Cuts Disclosures of Key Mortgage Servicing Data at Banks

April 1, 2016
Brandon Ivey
Fact: The Mortgage Metrics report for the third quarter of 2015 was 66 pages while the most recent issue was slashed to just 14 pages.
Read More

Investors Warn the CFPB About the Chilling Effect of the TRID Rule; Troubles May Extend to the Conforming Market

March 31, 2016
Brandon Ivey
The AMI chief warned that at some point the GSEs may decide to review TRID documentation and penalize lenders who made even small clerical errors in the disclosures.
Read More

Short Takes: NAR Keeping Congress Informed on the TRID Mess / No Sign of Mortgage Standards Easing? / The Customer Count for Two MI Firms / CMG Signs on with Global DMS / New Penn Hires Former BofA Official

March 31, 2016
Brandon Ivey and Paul Muolo
Can (and will) Congress act to fix the TRID mess?
Read More

HUD Expands Loss Mitigation Options Available for HECMs

March 31, 2016
Brandon Ivey
The HECM loss mitigation option is available if there is no indication that the borrower vacated the property or if he or she is attempting to make payments on the amounts due.
Read More

Home Equity Loans Down Ever So Slightly at Depositories

March 30, 2016
Brandon Ivey
Bank of America ranked second in home equity holdings with $125.69 billion.
Read More

Want to Achieve TRID Compliance? First Meet These 150 Requirements…

March 30, 2016
Brandon Ivey
The SFIG draft includes details on potential cures for TRID violations.
Read More

Non-QM Lending: A Niche Market Looking to Expand?

March 30, 2016
Brandon Ivey
Impac originated $132.4 million in non-QMs in 2015, including $50.8 million in the fourth quarter of the year. Citadel did even more...
Read More

A New Indemnification Period for RHS Lenders: Five Years, Not Two

March 29, 2016
Brandon Ivey
The RHS stated that it may seek indemnification in cases of fraud or misrepresentation regardless of when the loan closed or when the default occurred.
Read More

Plan to Smooth Out TRID Errors Could See the Light of Day This Week

March 29, 2016
Brandon Ivey
The SFIG has circulated a draft proposal regarding a standardized approach...
Read More
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