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Home » Authors » Brandon Ivey

Articles by Brandon Ivey

Short Takes: Freddie Mac, An ‘Earner’ for Uncle Sam / GSE Investors Wonder: When Do We Get Ours? / Top LO Bolts for New Penn / Oaktree’s Non-QM Volume / Ocwen Readies $500 Million ABS

August 2, 2016
Paul Muolo and Brandon Ivey
Investors in Freddie (and Fannie Mae) common and preferred who bought their shares as a speculative investment are still wondering: Hey, when do we get some of that money?
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Quicken Loses Appeal of NLRB Ruling on Confidentiality/Non-Disparage Clauses in Employment Contract

August 1, 2016
Brandon Ivey
Quicken stated: “The reality is that this decision will have no effect on how we conduct our business.”
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Impac Posts Strong Profit Gain; Originations Increased 38 Percent in 2Q16

July 29, 2016
Brandon Ivey
Impac said that while it sells production, it is now retaining more than 80.0 percent of its mortgage servicing rights.
Read More

Thanks to ‘Brexit,’ Second Half Could be a Humdinger for Loan Production

July 29, 2016
Brandon Ivey
Rob Branthover, a managing director at Mortgage Industry Advisory Corp., noted that purchase-mortgage originators are doing well…
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Top-Ranked Jumbo Issuer Two Harbors Pulls the Plug on its Jumbo Conduit Business

July 28, 2016
Brandon Ivey
Two Harbors has been a major player on the post-crisis jumbo MBS market and was even the top-ranked jumbo MBS issuer in the first half of 2016…
Read More

Citadel Servicing CEO: $50 Billion Available to Buy Nonprime Mortgages

July 27, 2016
Brandon Ivey
Caliber executive William Pendleton noted the nonprime MBS recently issued by Lone Star Funds (which owns Caliber) will help the lender significantly reduce interest rates on new originations.
Read More

Small Commercial Banks Quietly Amassing MSR Market Share

July 27, 2016
Brandon Ivey
Smaller depositories held 8.0 percent of the banking industry’s total mortgage servicing assets in 2015, up from a share of less than 2.0 percent as recently as 2009.
Read More

Short Takes: Mortgage M&A Mania Finally Arrives? / Five Oaks Halts Jumbo Aggregation / Angel Oak Rolls Out Investor NI Product / Fannie Tweaks High-LTV Guidelines / Mountain States Lead the Way, Says Black Knight

July 27, 2016
Paul Muolo, Brandon Ivey, and Macie Jones
Nonprime lender Angel Oak Mortgage Solutions is now offering a “no-income” loan to investors with credit scores as low as 660...
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Thanks to ‘Brexit’ Vote and Resulting Refis, Origination Capacity is Strained, and Then Some

July 26, 2016
Brandon Ivey
Applications and refis are so robust that production "capacity" is now a major concern...
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Short Takes: Ginnie Mae MSR Demand: Deadly Slow? / FHFA IG Says Agency Shirking Its Duty / Summer Foreclosure Rates Looking Good (for Consumers) / Prepayment Speeds Spike / A New Hire at NCB

July 26, 2016
Paul Muolo, Brandon Ivey, Sherry Muolo, and Carisa Chappell
The IG accused the FHFA of shirking its responsibility to effectively examine Fannie Mae and Freddie Mac...
Read More
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