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Home » Authors » Brandon Ivey

Articles by Brandon Ivey

OCC Still Worries About Small Banks Holding Residential MBS

July 9, 2015
Brandon Ivey
“After the ‘taper tantrum’ you had a whole bunch of institutions that got annihilated when the 10-year Treasury rate moved," said analyst Christophe Whalen of KBRS.
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Short Takes: Mortgage M&A Deal About to Happen? / SRPs Holding Up / JPMorgan Almost Done with Loss Mitigation Obligations / Refi Applications Worrisome / Auction.com Hires Former Altisource Official

July 9, 2015
Brandon Ivey, Paul Muolo, and Sherry Muolo
We’re told a sale contract could be signed any day now, but as far as a public announcement is concerned, it may not happen right away…
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Regulatory Panic Over Nothing: Nonbank Servicing Share Nowhere Near Peak

July 7, 2015
Brandon Ivey
The most recent regulatory foray has come from the Conference of State Bank Supervisors, which formed the Mortgage Servicing Rights Task Force to develop standards for nonbank servicers...
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Treasury Faulted for Not Following Cost-Benefit Analysis When Making Changes to HAMP

July 7, 2015
Brandon Ivey
The GAO analyzed changes to HAMP implemented in October and beyond, including extending performance incentive payments to borrowers...
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Fitch Upgrades Tranches of Jumbo MBS Issued in 2010 and Beyond

July 6, 2015
Brandon Ivey
The jumbo MBS rated by Fitch since 2010 haven’t experienced any losses.
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Short Takes: More Servicing Deals on the Way? / Another Top Executive Departs Wingspan? / BofA Gaining on Wells? / Impac Gets a Line of Credit / Ex-Lenders One Chief Lands at Embrace

July 1, 2015
John Bancroft, Brandon Ivey, and Paul Muolo
Wells Fargo was the top seller to Freddie Mac in 2Q with $12.6 billion, according to newly compiled figures from Inside Mortgage Finance, but BofA was a somewhat close second...
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OCC: Banks Face $131 Billion of Resetting HELOCs

July 1, 2015
Brandon Ivey
For most HELOCs, the OCC said the end-of-draw period means that monthly payments change from interest-only to amortizing...
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Bayview Casts Wider Net with Non-Agency Mortgages

July 1, 2015
Brandon Ivey
Bayview offers several products for near-miss agency borrowers as well as non-QMs with guidelines that are more forgiving than those offered by jumbo lenders.
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Green Tree Corrects Servicing Settlement Issues, Ocwen Still Under Investigation

June 30, 2015
Brandon Ivey
Smith said his team has reviewed thousands of documents and interviewed at least nine Ocwen executives...
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Short Takes: So, Where’s the Rate Plunge? / MBS Prices? / CitiMortgage Fails a Servicing Metric / Pending Home Sales Bright / A New Hire for DocMagic

June 30, 2015
Brandon Ivey, Paul Muolo, and Sherry Muolo
With Greece ready to crack up, it was thought that mortgage rates might plunge. But it hasn't happened yet...
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