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Home » Authors » Brandon Ivey

Articles by Brandon Ivey

Interest-Only Loan Volume Fails to Keep Pace; PHH Still No. 1

January 5, 2016
Brandon Ivey
PHH Mortgage remained the predominant IO lender with $3.43 billion during 3Q15, but the firm’s volume fell 16.9 percent on a sequential basis.
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Two Harbors Set to Continue Prolific Jumbo MBS Issuance with First Deal of 2016

January 5, 2016
Brandon Ivey
The Two Harbor deal ends a span of 31 days without a presale report for a new non-agency security.
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Short Takes: Yet More TRID Problems? / CFPB Looking at ‘Pricing Concessions’ / NAMB Backs Savitt for House Seat / Ocwen Gets a B+ From KBRA / Lender Hires Former Capital One Executive

January 5, 2016
Paul Muolo and Brandon Ivey
Industry consultant Joe Garrett is advising his clients to keep a “concession log…”
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Jumbo MBS Issuance Declines in Q4; Outlook Not Go Great

January 4, 2016
Brandon Ivey
Nine firms issued jumbo MBS in 2015 and JPMorgan Chase was the top issuer for the second year in a row.
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Liberal Consumer Group Wants to Trim Mortgage Interest for Jumbos

January 4, 2016
Brandon Ivey
“There is no policy rationale for the federal government to continue to subsidize the portion of mortgages that exceed $500,000,” said Sheila Crowley, NLIHC’s president and CEO.
Read More

Non-QM Trouble Ahead: Why Some Lenders Avoid the Empire State

December 31, 2015
Brandon Ivey
Eric Morgenson, a sales manager at Angel Oak, said the lender’s main concern involves New York's foreclosure timelines
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SEC Faults Larger Rating Services for Issues Tied to Reviews on Non-Agency MBS

December 30, 2015
Brandon Ivey
The SEC recommends that the rating service in question establish and maintain effective internal controls and more…
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Short Takes: The loanDepot IPO Could Happen in 2016 / Just Because the CFPB Issues a Letter That Doesn’t Mean Some Lawyer Somewhere Won’t Sue / FA: Fraud Risk Rises in FL / Radian Becomes PMIER Compliant

December 30, 2015
Paul Muolo, Brandon Ivey, and Carisa Chappell
Now that the Consumer Financial Protection Bureau has issued a “clarifying” letter on TRID errors, all is well, right? Not necessarily...
Read More

California CU Offering No Downpayment Option, Using a 80/20 ‘Piggyback’ Loan

December 29, 2015
Brandon Ivey
Borrowers are required to have a credit score of at least 700 and at least three months of reserves...
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Short Takes: Home Prices Back to Pre-Bust Levels / Hot Growth for Denver, SF, Portland / A 10-Year HELOC / FHLB Cuts Warehouse Line / WJB Picks a New CIO

December 29, 2015
Paul Muolo, Brandon Ivey, and Carisa Chappell
It’s not every day that a Federal Home Loan Bank tells one of its members to reduce its credit facilities...
Read More
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