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Home » Authors » Brandon Ivey

Articles by Brandon Ivey

Short Takes: Can You Spell ‘Prepayment’: Yield on 10-Year Drops to New Low! / Ocwen Clocked Again / CFPB Reveals IO Disclosure Problem / Freddie Sells NPLs / Promotions at BB&T

July 5, 2016
Brandon Ivey and Paul Muolo
Can rates go any lower than this? Time will tell...
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Jumbo Lenders Fixing TRID Errors Based on Non-Binding Guidance from CFPB Seen as Adequate by Moody’s

July 1, 2016
Brandon Ivey
A limited number of mortgages with TRID errors have already been included in jumbo MBS…
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Freddie to Sell Modified Payment-Option ARMs in New ‘Structured Sale’ Pilot

June 30, 2016
Brandon Ivey
The payment-option ARMs at the center of this pilot program currently are out for bid.
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Correspondent Purchaser on the Hook for Fannie AU Fees Tied to One of Its Sellers

June 28, 2016
Brandon Ivey
In the end, the court blamed NAMC, the firm buying the mortgages from GFS on a correspondent basis…
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Short Takes: Fed Official Casts Doubt on Nonbanks? / The American House: A Terrible Investment? / Concern Over VA-Streamlined Refis? / Amherst Hires Barclays Mortgage Officials / A New 52-Week Low for Walter Investment

June 28, 2016
Brandon Ivey and Paul Muolo
A few weeks back, Walter Investment CEO and vice chairman Denmark Dixon resigned, but was given a $2.25 million cash payment as part of a separation agreement from the company.
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Mortgage Companies to Increase Tech Spending

June 27, 2016
Brandon Ivey
Velocify, a provider of sales automation software, found that lenders that invest in technology to meet changing borrower expectations are more likely to grow.
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First-Time Homebuyer Share Hits Five-Year High

June 24, 2016
Brandon Ivey
The increase in first-time homebuyer volume and market share has occurred without looser underwriting in terms of credit scores and loan-to-value ratios…
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Ocwen to Settle with DOJ for $30 Million in FCA Lawsuits Involving HAMP and FHA

June 23, 2016
Brandon Ivey
In trading Thursday, Ocwen’s share price was up almost 8.0 percent on the day to $1.69 a share.
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Short Takes: What’s an NBA Championship Worth? About 25 BPs / MountainView Selling Ginnie Mae MSRs / 20 Percent Down Isn’t the Right Answer? / Homeownership, a Complicated Affair / Ditech Hires Ex-SunTrust Exec

June 23, 2016
Brandon Ivey, Macie Jones, and Paul Muolo
Who needs a toaster when you can have a mortgage at a 25 basis point discount?
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Wells Fargo Remains the Top Jumbo Servicer – By Far; Strong Growth for JPM

June 22, 2016
Brandon Ivey
Chase serviced $169.70 billion of jumbos at March 31, up 27.3 percent from the year before….
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