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Home » Authors » Brandon Ivey

Articles by Brandon Ivey

Short Takes: Waiting on Doctor Carson (for HUD Secretary) / Wells Fargo Continues its Dominance in Two Channels / The Worth of GSE Common? / Watching the 10-Year / Moody’s on Primary Capital

November 28, 2016
Paul Muolo and Brandon Ivey
Is the 10-year bond in for a massive correction? Maybe, maybe not...
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Prices on Non-Distressed Properties Declined for Second Consecutive Month in October

November 22, 2016
Brandon Ivey
Average prices on non-distressed properties sold in October were down 1.8 percent from the September and off 4.1 percent August.
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Ally to Pay $52.0 Million to Settle with DOJ on Issues Involving ResCap Subprime MBS

November 22, 2016
Brandon Ivey
The settlement noted that the subprime MBS from ResCap included mortgages with looser underwriting standards than the underwriting guidelines that were disclosed to MBS investors.
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Mortgage Market Missed Out on 1.1 Million Loans Last Year Due to Stringent Underwriting

November 22, 2016
Brandon Ivey
The HFPC noted that most of the potential mortgages would have gone to borrowers with credit scores below 660, and to a lesser extent, to borrowers with credit scores between 660 and 700.
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Short Takes: FCC Stiffs MBA / VA Refis Top Complaints to CFPB / New Residential Packages Servicing Advances from Ocwen / Cash-Out Refi Outlook

November 22, 2016
George Brooks and Brandon Ivey
The MBA is considering its options to appeal the FTC's decision regarding the trade group's request for a mortgage-servicing exemption under the Telephone Consumer Protection Act.
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Jumbo Mortgage Market Cools Off Somewhat in Third Quarter with Drop in Production, Market Share

November 21, 2016
Brandon Ivey
Eight of the top 10 jumbo lenders had declines in jumbo originations on a quarterly basis in the third quarter.
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Ellie Mae Dominant Among Providers of Loan Origination Systems

November 21, 2016
Brandon Ivey
There were 159,523 active users of Ellie Mae's Encompass loan origination system in the third quarter, up 18.0 percent from a year ago.
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Community Groups Help Convince Fifth Third to Increase Commitment for CRA-Related Mortgage Originations

November 21, 2016
Brandon Ivey
Mortgage originations account for a large portion of the $2.50 billion increase to the $30.00 billion “community development plan.”
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Short Takes: AIG to Acquire Mortgages / Interest Rates Under Trump / Ginnie Servicing Fee 'Inadequate' / $100,000 in MBA Scholarships

November 21, 2016
Brandon Ivey
American International Group's plan to acquire residential mortgages is part of AIG’s effort to “rebalance” its exposure to mortgages after the sale of mortgage insurer United Guaranty to Arch Capital Group.
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Latest ‘Green Paper’ from SFIG Focuses on Transparency for Non-Agency MBS Reps and Warrants

November 18, 2016
Brandon Ivey
The Structured Finance Industry Group released the fourth edition “Green Paper” this week as part of an effort to revive issuance of non-agency mortgage-backed securities.
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