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Home » Authors » Brandon Ivey

Articles by Brandon Ivey

WinWater Plans New Jumbo MBS, but Rating Services Cite Concerns About Issuer

May 15, 2015
Brandon Ivey
The top contributor to the new WinWater deal is PrimeLending with a 15.6 percent share.
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MBS Investors Working to Remove Ocwen as Servicer from More Non-Agency Deals

May 14, 2015
Brandon Ivey
The three latest deals have a combined UPB of $820 million. Successful votes to terminate servicers of non-agency MBS are uncommon...
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Short Takes: 40-Day Delays in Closings Because of TRID? / Good News Though / NAIHP Weighs in on TRID / Cordray Skips Out of NAR, Angering Many / Ocwen’s Head Count

May 13, 2015
Brandon Ivey, Paul Muolo, and Thomas Ressler
Plenty of attendees at NAR were steamed that after CFPB Director Richard Cordray made his remarks about TRID that he left the meeting without taking a single question from the audience.
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Five Oaks Takes Loss in 1Q from Jumbo MBS Activities, Interest Rate Hedges

May 12, 2015
Brandon Ivey
Five Oaks' management noted that the REIT has better control of its jumbo MBS exposure since the company issued its own security in April.
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Short Takes: Former FHA Chief Stands With Quicken / No FCA for Stevens / Cherry Hill Posts Small Loss / Nomura Loses / Biweekly Provider in CFPB Crosshairs / Milestone for DocMagic

May 12, 2015
Carisa Chappell, Brandon Ivey, Paul Muolo, and Thomas Ressler
Stevens also said that while he was FHA commissioner he chose not to go after lenders for violating the False Claims Act because he said such actions would have opened a “Pandora’s Box.”
Read More

PennyMac Set to Acquire $9.3 Billion of Ginnie Mae MSRs; Boosts Originations

May 7, 2015
Brandon Ivey
PennyMac Financial Services also originated $8.9 billion of home mortgages in 1Q, an 11.3 percent increase compared to the previous quarter.
Read More

Two Harbors Reports a Profit for 1Q, Sees Opportunities in MSR Acquisitions

May 7, 2015
Brandon Ivey
Two Harbors is developing a network of lenders that will sell MSR assets to the company on a flow basis.
Read More

Bipartisan House Bill Allows Bank Loan Officers to Move Easily to Nonbanks

May 7, 2015
Brandon Ivey
The legislation would provide a temporary transitional license and give loan originators 120 days to pass testing standards...
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Short Takes: PHH and the Merrill PLS Contract? / What About Morgan and HSBC? / Stonegate Buries the Lead / Compass Point Not Impressed with Walter / PennyMac Joins an FHLB

May 7, 2015
Brandon Ivey and Paul Muolo
Most firms report the earnings/loss figure in the first or second paragraph of their press release, but not Stonegate Mortgage.
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First Republic Remains Top Jumbo MBS Lender

May 6, 2015
Brandon Ivey
Fun fact: First Republic was the only bank among the top five contributors to jumbo MBS issued in the first quarter.
Read More
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