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Home » Authors » Brandon Ivey

Articles by Brandon Ivey

MGIC Increases Mortgage Insurance Volume in Second Quarter, Net Income Fluctuates

July 19, 2016
Brandon Ivey
Some 5.0 percent of MGIC’s new insurance written in the second quarter of 2016 was for mortgages with loan-to-value ratios above 95 percent.
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Short Takes: GOP Platform on Lending 'Quotas' / Purchase-Mortgage Outlook / Fannie Preps Another Risk-Sharing Deal / Fix-and-Flip Underwriting System

July 19, 2016
Brandon Ivey
“Discrimination should have no place in the mortgage industry,” according to the Republican platform.
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BofA Increases Originations in Second Quarter, Shows Mixed Trends with Mortgage-Banking Income

July 18, 2016
Brandon Ivey
Officials at BofA have a positive outlook for originations, with the bank’s first-mortgage production pipeline at higher levels at the end of the second quarter.
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Chase to Issue the Largest Post-Crisis Prime Non-Agency MBS; Deal Includes GSE-Eligible Loans, Excludes TRID

July 18, 2016
Brandon Ivey
Moody’s noted that all of the conforming mortgages that will be included in the MBS pre-date the TILA/RESPA Integrated Disclosure rule.
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GSEs Raise Concerns About Flood Insurance Legislation Passed by House

July 18, 2016
Brandon Ivey
The bill would expand flood insurance options by including private flood insurance and require the GSEs to accept any private flood insurance company a borrower chooses, as long as the company is financially sound.
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Short Takes: Strong Demand for Non-FHA Product / BofA Eliminates 'Legacy' Segment / Loan Mods and Foreclosures Decline / FHA Condo Legislation

July 18, 2016
George Brooks and Brandon Ivey
Officials at Wells Fargo said that in the first month of offering the non-FHA yourFirstMortgage, applications for more than $1.0 billion in production were received.
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Jumbo Operations Stop as Annaly Acquires Hatteras

July 15, 2016
Brandon Ivey
Both parties wouldn’t comment on the news regarding Onslow Bay…
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Freddie Packages Conforming Jumbos into $348.36 Million Security with Limited Third-Party Due Diligence

July 14, 2016
Brandon Ivey
Moody’s said third-party due diligence was completed on 30.0 percent of the mortgages…
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Short Takes: GOP ‘Platform’ Calls for the Plug to be Pulled on Fannie & Freddie / But IU Poll Finds Voters Have Soft Spot for the GSEs / Caliber Home Loans Major Player in New Freddie MBS / Fitch on MSR Risks

July 14, 2016
Paul Muolo, Brandon Ivey, and Carisa Chappell
The GOP convention starts in a few days and the party of Lincoln and Roosevelt (Teddy) has its daggers pointed toward Fannie Mae and Freddie Mac. Bully!
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JPM, Freddie Mac Preparing Separate Securities Backed by Conforming Mortgages

July 13, 2016
Brandon Ivey
The pending deal from Chase will include 4,122 mortgages, according to a due diligence review by Opus Capital Markets Consultants…
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