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Home » Authors » Brandon Ivey

Articles by Brandon Ivey

An Endangered Species: Subprime Mortgage Servicing Rights

February 29, 2016
Brandon Ivey
Ocwen continues to face regulatory issues, including constraints on growth via acquisitions. However, Fitch recently upgraded a number of the firm’s servicer ratings from a level 4 to a level 3-minus with a “stable” outlook.
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A Big Problem for Reviving the Non-Agency MBS Market: Investors Want to Remain Anonymous

February 29, 2016
Brandon Ivey
Eric Kaplan of Ranieri Strategies noted that many investors in non-agency MBS wish to remain anonymous.
Read More

Short Takes: Principles Unveiled for Non-Agency ‘Deal Agent’ / Ocwen Will Fund Auto Dealers / A Stated Goal of Being a ‘World-Class’ Company / More Investor Info from Freddie Mac

February 29, 2016
Carisa Chappell, Brandon Ivey, and Paul Muolo
Ocwen's goal: to be a “world-class” company. But investors need convincing. Its stock is down 92 percent from its all-time high.
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Redwood Not Optimistic Congress will Reverse FHFA’s Decision on Captive Insurers and FHLB Membership

February 26, 2016
Brandon Ivey
“This was really gnarly and political,” said Redwood executive Marty Hughes. “I think the FHFA making this decision was just something that they wanted to get behind them.”
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First-Time Homebuyers Make Inroads. Can It Last?

February 24, 2016
Brandon Ivey
“We see a lot of multiple offers, especially for first-time buyer ranges,” said one real estate agent based in Washington State.
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Nationstar to Issue Non-Agency MBS Backed by ‘Inactive’ Reverse Mortgages and REO

February 23, 2016
Brandon Ivey
This marks the fourth non-agency MBS from Nationstar backed by inactive HECMs...
Read More

Impac Officials Not too Impressed with Quicken’s Rocket Mortgage, See Similarities with CashCall

February 22, 2016
Brandon Ivey
“I personally called their line. I didn’t see much difference, to be honest with you,” said Impac executive Joe Tomkinson.
Read More

The CashCall Acquisition Continues to Pay Off for Impac; MSR Sales Help Too

February 19, 2016
Brandon Ivey
Impac sold a large block of MSRs in 4Q, which boosted profits.
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Shareholders in Altisource Warn of Conflicts of Interest with Former Chairman Erbey

February 18, 2016
Brandon Ivey
The shareholders demanded that a planned large acquisition of single-family homes by Altisource be halted...
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Short Takes: Why GSE Hiring is on the Rise / When is Don Layton Leaving Freddie? / Ellington Accelerates Non-QM Loan Buys / No, Says FHA / Stonegate Hires Former NovaStar Official

February 18, 2016
George Brooks, Brandon Ivey, and Paul Muolo
Shrinkage? Thanks to the CSP, changes in reps and warrants, cyber security and more, Freddie Mac continues to hire new workers...
Read More
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