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Home » Authors » Brandon Ivey

Articles by Brandon Ivey

BofA, JPMorgan Chase Differ on Loans Not Sold to the GSEs

April 29, 2016
Brandon Ivey
Chase continues to retain large amounts of conforming mortgages in portfolio...
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Delinquencies Continue to Fall but Foreclosure Timelines Hit New Highs

April 28, 2016
Brandon Ivey
Molly Boesel, a senior economist at CoreLogic, noted that in judicial states, servicers must provide evidence of delinquency to the courts in order to move a borrower into foreclosure.
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SFIG Members Still Working on TRID Due Diligence Issues, S&P Clarifies Comments on Draft Proposal

April 28, 2016
Brandon Ivey
Comments are due on Friday from working group members that have been participating in the effort.
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Caliber Home Loans First to Receive ‘Expanded-Credit’ Rating

April 28, 2016
Brandon Ivey
Lone Star was the first firm to issue a non-agency MBS backed predominantly by non-QMs...
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A TRID Breakthrough? S&P Endorses Due Diligence Standards Proposed by SFIG; Ready to Rate Non-Agency MBS

April 27, 2016
Brandon Ivey
While S&P will rate new non-agency MBS without formal guidance from the CFPB, the rating service noted that the market’s handling of TRID issues is fluid...
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States Continue to Weigh Regulation of Mortgage Servicers

April 27, 2016
Brandon Ivey
State regulators have been particularly concerned about growth in recent years by nonbank servicers such as Ocwen Financial, the largest subprime servicer. Ocwen, of course, is now shrinking.
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A Trickle of Jumbo Securitizations. Blame TRID?

April 26, 2016
Brandon Ivey
Pricing on the deal was good, but investor fears rule the day.
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Flagstar Boosts Originations and Income in 1Q16, Is Comfortable with TRID

April 26, 2016
Brandon Ivey
Flagstar is the only depository that ranks among the nation’s top-five wholesale/broker lenders, according to Inside Mortgage Finance.
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Short Takes: When In Doubt, Bolt the FHA? / A Record ‘Tightness’ for Non-Agency? / Mortgage Banking is Only Good When Hot / Essent Gets LOC / Parkside Hires Former BofA Executive

April 26, 2016
Brandon Ivey and Paul Muolo
One industry consultant warns that when times are good, mortgage banking income can “turbocharge” earnings but...
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Mortgage Warehouse Volume at Horizon Bancorp Declines in First Quarter, TRID Remains an Issue

April 25, 2016
Brandon Ivey
Craig Dwight, Horizon Bancorp’s chairman and CEO, indicated that the TRID mortgage disclosure rule had an impact on warehouse lending during the quarter.
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