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Home » Authors » Brandon Ivey

Articles by Brandon Ivey

Smooth Sailing Ahead for New Breed of ‘Alternative Doc’ Mortgages?

January 13, 2016
Brandon Ivey
Alternative-documentation verification in the current market typically includes a review of bank statements, W2s, pay stubs, assets and more...
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While Many New Originations Haven’t Been Compliant with TRID, Fitch Projects Modest Risk for Non-Agency MBS

January 12, 2016
Brandon Ivey
The guidance from Fitch could ease some fears among purchasers of non-agency mortgages...
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Citi Prevails in Loan Buyback Dispute – Thanks to Contract Language

January 11, 2016
Brandon Ivey
CitiMortgage filed the lawsuit after Chicago Bancorp refused to repurchase 11 mortgages.
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Former RBS Trader Cops a Plea, Will Cooperate in Federal MBS Probe

January 8, 2016
Brandon Ivey
In addition to misrepresenting prices sought by buyers and sellers of MBS, the DOJ said Siegel and co-conspirators misrepresented that bonds held in RBS’s inventory were being offered for sale by a fictitious third-party seller…
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After Reorganization, Impac Sees Increase in Correspondent Volume; Nonbank is in a Hiring Mode

January 7, 2016
Brandon Ivey
Impac Mortgage is currently recruiting sales and operational personnel...
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HELOC 'Like' Product Hits the Market

January 6, 2016
Brandon Ivey
Depending on the product, loan amounts can range from $100,000 to $250,000...
Read More

JPM Fined $48 Million for Violating OCC Servicing Consent Order, EverBank $1 Million

January 6, 2016
Brandon Ivey
The OCC said the mortgage-related fine against Chase was due to the servicer’s actions from December 2011 through November 2013...
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Interest-Only Loan Volume Fails to Keep Pace; PHH Still No. 1

January 5, 2016
Brandon Ivey
PHH Mortgage remained the predominant IO lender with $3.43 billion during 3Q15, but the firm’s volume fell 16.9 percent on a sequential basis.
Read More

Two Harbors Set to Continue Prolific Jumbo MBS Issuance with First Deal of 2016

January 5, 2016
Brandon Ivey
The Two Harbor deal ends a span of 31 days without a presale report for a new non-agency security.
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Short Takes: Yet More TRID Problems? / CFPB Looking at ‘Pricing Concessions’ / NAMB Backs Savitt for House Seat / Ocwen Gets a B+ From KBRA / Lender Hires Former Capital One Executive

January 5, 2016
Brandon Ivey and Paul Muolo
Industry consultant Joe Garrett is advising his clients to keep a “concession log…”
Read More
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