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Home » Authors » Brandon Ivey

Articles by Brandon Ivey

MBA, Democrats in Senate Urge HUD to Consider Decreasing Fees on FHA Mortgages

December 19, 2014
Brandon Ivey
MBA cites competition from GSEs' new low downpayment programs, Senators point to improvements in the FHA's Mutual Mortgage Insurance Fund.
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Short Takes: Boom in MLO Licenses / FHA Delays Detailing Review Findings / Redwood and the GSEs / Positive Outlook for SLS

December 19, 2014
Brandon Ivey
The increase in the number of mortgage loan originators with state licenses was attributed to increased access to warehouse credit and less exposure to regulation than big banks.
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Mortgage Financing Gains as Cash Deals Lose Market Share

December 18, 2014
Brandon Ivey
Non-cash financing was used on 72.4 percent of home purchases in November, based on a three-month moving average.
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JPM to Bundle Low-Doc IOs Originated by Merrill Lynch 8 Years Ago

December 18, 2014
Brandon Ivey
The Merrill borrowers tend to have strong equity positions: the original average combined LTV on the collateral is 54.9 percent.
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Short Takes: Thanks to Ackman, a Santa Claus Rally in GSE Stocks / New Jumbo MBS from CS / Home Flippers Stop Flipping? / Opus Active / A Departure at Altisource

December 18, 2014
Brandon Ivey and Paul Muolo
A year ago, in SEC filings, Pershing Square disclosed that it owned just under 10 percent of Fannie and Freddie common.
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OCC: Banks Are Actually Tightening Underwriting Standards

December 17, 2014
Brandon Ivey
The OCC said two banks exited the residential mortgage business in 2014 and another two plan to exit in the coming year.
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CBO: Private Capital Can Replace the GSEs but Not Much Savings for Uncle Sam

December 17, 2014
Brandon Ivey
Advocates for GSE reform looking for savings in the federal budget will be disappointed...
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Short Takes: Okay, Is Mortgage Credit Tighter or Looser? / A Management Shakeup at a Texas Lender / Quick, Rehire All the People You Fired / Tax Extender Bill Passed / Ex-CFC LO Headed to ‘The Big House’

December 17, 2014
Brandon Ivey and Paul Muolo
A mid-sized nonbank based in Texas saw two of its top officers resign last week, industry sources confirmed to IMFnews.
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Servicing Settlement Monitor Sees Improvement at Everyone but Ocwen

December 16, 2014
Brandon Ivey
The monitor said Green Tree is working toward addressing issues that caused the servicer to fail eight metrics that were tested in the fourth quarter of 2013.
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Short Takes: Can it Get Any Worse for Ocwen? / JPM Makes Progress on Loan Mods / Skyline Will Double its Capital Base / No Love for Russia / #1 in St. Louis?

December 16, 2014
Brandon Ivey and Paul Muolo
The subordinated debt deal will double the capital base of Skyline Lending.
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