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Home » Authors » Brandon Ivey

Articles by Brandon Ivey

Hatteras Reveals Purchase Price on Pingora; Will Invest Up to $500 Million in MSRs

July 22, 2015
Brandon Ivey
MSRs purchased by Hatteras will be held at Pingora Loan Servicing with the "excess" receivables going to the parent company due tax benefits enjoyed by REITs.
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Short Takes: Originations to Foreign Nationals Booming? / A Profit and LPMI Figures from Radian / Things Looking up at Ocwen? / An MPF First

July 22, 2015
George Brooks, Brandon Ivey, and Paul Muolo
Who says the future looks bleak for Ocwen Financial? Not Sterne Agee CRT...
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Securitization of Nonperforming Mortgages Begins to Take Root

July 21, 2015
Brandon Ivey
Through June 30, issuance of non-agency MBS backed by NPLs and RPLs equaled the volume that analysts at BAML had predicted for the entire year.
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United Wholesale Launches Interest-Only ARM, Allows for Non-Jumbo Borrowers

July 20, 2015
Brandon Ivey
Mat Ishbia, CEO of United Wholesale, stressed that interest-only mortgages are for “well informed” borrowers.
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Short Takes: More Wholesalers Entering the Market? / Expanding from VA to FL / Cerberus Unit Readies ‘Seasoned’ MBS / When on PHH? / W.J. Bradley Exec Jumps Ship for Home Point

July 20, 2015
Brandon Ivey and Paul Muolo
A unit of Cerberus Capital Management is preparing to issue a non-agency MBS backed by loans that have seasoned for an average of 8.9 years...
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First Republic, EverBank Lead Contributors to New Jumbo MBS from JPMorgan

July 17, 2015
Brandon Ivey
The dollar volume of the jumbo security differs significantly from a $189 million deal suggested by American Mortgage Consultants last week
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Proposed Change to HUD Form Seen as Loophole for Chase and Citi to Continue Funding FHA Mortgages

July 15, 2015
Brandon Ivey
Chase was the sixth largest FHA lender in 2014 with $1.67 billion. Citi ranked 62nd with $342.4 million.
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Green Tree’s Big Servicing Mistake: Calling the Neighbors

July 14, 2015
Brandon Ivey
After being unable to reach the borrower for several months, Green Tree called the borrower’s neighbors multiple times, asking them to have the borrower call the servicer.
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Short Takes: Wells’ Appetite for Nonconforming Mortgages Rises / Someone Who Didn’t Rat Out the Neighbor on a Foreclosure / Locating Delinquent Borrowers on Facebook / How Much in Senior Home Equity? / A New Hire for LenderLive

July 14, 2015
Brandon Ivey, Paul Muolo, and Sherry Muolo
A few years back, one investor in nonperforming loans told us that when he couldn’t find a delinquent borrower he turned to the Internet, namely Facebook...
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Jumbo MBS Tumbles Almost 33 Percent in Second Quarter

July 13, 2015
Brandon Ivey
Credit Suisse, the top jumbo MBS issuer through the first half of 2015, placed $629.6 million of jumbo MBS in 2Q, down 44.7 percent on a sequential basis.
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