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Home » Authors » Brandon Ivey

Articles by Brandon Ivey

Short Takes: PHH and the Merrill PLS Contract? / What About Morgan and HSBC? / Stonegate Buries the Lead / Compass Point Not Impressed with Walter / PennyMac Joins an FHLB

May 7, 2015
Brandon Ivey and Paul Muolo
Most firms report the earnings/loss figure in the first or second paragraph of their press release, but not Stonegate Mortgage.
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First Republic Remains Top Jumbo MBS Lender

May 6, 2015
Brandon Ivey
Fun fact: First Republic was the only bank among the top five contributors to jumbo MBS issued in the first quarter.
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Delinquency and Foreclosure Performance Improves to Levels Last Seen in 2007

May 6, 2015
Brandon Ivey
Nearly every firm tracked in the Inside Mortgage Finance Large Servicer Delinquency Index reported improvements in mortgage performance during the first quarter...
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Redwood’s Mortgage Income Takes It on the Chin; But Outlook Improves

May 5, 2015
Brandon Ivey
Redwood posted just $2 million in income from residential mortgage banking activities in the first quarter.
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State Regulators Found Evidence of Document Tampering by Servicers

May 4, 2015
Brandon Ivey
“Some companies were proactive in addressing these deficiencies in a timely fashion while others' control structures remained problematic,” the MMC said.
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Hatteras Financial Builds Holdings of Jumbo ARMs

May 4, 2015
Brandon Ivey
Hatteras held $123.3 million of jumbo ARMs at March 31, a 296 percent increase over three months.
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Gallup Poll Finds Ugly Outlook for New Homeownership

May 1, 2015
Brandon Ivey
But a poll by JPMorgan Chase found that 30 percent of potential homebuyers said they plan to purchase a home in the next 18 months.
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Ocwen Paints a Vision for the Future: Higher Margins from Non-Agency. Oh, And It’s Staying in GSE and Ginnie Servicing

May 1, 2015
Brandon Ivey
“I am not satisfied with only making $34 million in the quarter,” said Ocwen CEO Ron Faris. “We intend to do better.”
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Wells Fargo and JPMorgan: The ‘Big Kahunas’ of Neg Am Mortgages

May 1, 2015
Brandon Ivey
Both Wells Fargo and JPMorgan note that they have taken significant steps to work with borrowers who have payment option ARMs and other loans that allow for negative amortization.
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Treasury Criticized for Not Changing Policies Regarding HAMP Servicing Transfers

April 29, 2015
Brandon Ivey
Among other issues, the SIGTARP cited Green Tree's recent $63 million servicing settlement with the CFPB and Federal Trade Commission.
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