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Home » Authors » Brandon Ivey

Articles by Brandon Ivey

Zais Kills Conduit, Starts Selling Seasoned Loans; A Sale is a Possibility Too

March 9, 2016
Brandon Ivey
Zais said a strategic review of the REIT will continue, including exploration of a possible sale or even a liquidation of the company’s assets.
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Short Takes: GSEs Have Spent $206 Million on the Common Securitization Platform / D’Urso’s Departure was a Surprise to Him Too / Paulson & Co. Reduces Stake in Radian / Treasury Shifts Money From MHA Program to HHF

March 9, 2016
Paul Muolo and Brandon Ivey
Sources close to D’Urso said his termination by Radian was a “total surprise” to him as well.
Read More

‘Deal Agent’ Could Help Revive Non-Agency Market; A True Revival Will Take Some Time; Treasury Department Weighs In

March 8, 2016
Brandon Ivey
The Treasury Department helped facilitate discussions among the working group...
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The Jumbo MBS Drought is About to End

March 7, 2016
Brandon Ivey
Fitch didn’t adjust its loss expectations due to TRID compliance issues, noting that the risk for investors was “immaterial...”
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Ellington Ramps Up for Non-QMs; Sets a Goal of $20 Million Per Month

March 7, 2016
Brandon Ivey
Ellington is also investing in lenders that originate the loans.
Read More

Short Takes: Tidbits from FHFA / Court Rules GSEs Aren't Federal Instruments / Moody's Downgrades Walter / FDIC on Abandoned Foreclosures

March 4, 2016
Brandon Ivey and Carisa Chappell
The GSEs will publicly release their non-performing loan sales data for the first time, conclude their assessment of various credit scoring models and the FHFA will issue a request for input on front-end credit risk transfer transactions.
Read More

Regulation, Competition Continue to Squeeze Mortgage Banking Profit Margins

March 4, 2016
Brandon Ivey
Fannie Mae found that lenders’ profit margin outlook fell steadily throughout 2015 after peaking in the first quarter, even with a strong job market and low interest rates.
Read More

Short Takes: Servicing Monitor Clears the ‘Mega’ Players / Ocwen, Ocwen, Ocwen / The CFPB’s Webinar … Never Mind / A Moment of Silence at ABS East / Another New Hire for Silver Hill

March 3, 2016
Paul Muolo and Brandon Ivey
Stock analysts continue to ponder the future of Ocwen Financial...
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Subprime Holdings at the GSEs: $147 Billion and Fading

March 2, 2016
Brandon Ivey
Vintage Alt A mortgages continue to cause losses at the GSEs.
Read More

Industry Works to Fix ‘TRID-Lock’ in Non-Agency Market as Compliance Issues Slow Loan Sales

March 2, 2016
Brandon Ivey
While industry participants continue to call for formal guidance from the CFPB regarding TRID defects, some predict that further help is unlikely at this time…
Read More
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