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Home » Authors » Brandon Ivey

Articles by Brandon Ivey

Cherry Hill Receives $25 Million Loan to Obtain Leverage on Excess Servicing

April 21, 2015
Brandon Ivey
Earlier this year Cherry Hill agreed to buy Aurora Financial Group and its $700 million servicing portfolio for $4 million. Included in the purchase was Aurora’s agency approvals.
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Marketplace Lender Ponders Non-Agency Mortgages

April 20, 2015
Brandon Ivey
LendingHome is testing residential originations of non-qualified mortgages, among other products.
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The Best Mortgage Credit of Them All: Doctors and Dentists

April 20, 2015
Brandon Ivey
Tal Frank, president of the company, noted that mortgages made to physicians maintain a near zero delinquency rate, even those without a downpayment.
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Short Takes: The Quicken Data Dump to DOJ / Dan Gilbert’s Growing Portfolio of Detroit Properties / Ocwen Gets Extension / ASPS Grants Options to Executives / BofA and IBM?

April 20, 2015
Paul Muolo and Brandon Ivey
The lender says government investigators have conducted lengthy depositions with numerous Quicken leaders…
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Deal Agent Seen as ‘Centerpiece’ of Benchmark Non-Agency MBS Project

April 17, 2015
Brandon Ivey
Laurie Goodman, director of the Urban Institute’s Housing Finance Policy Center, is among those who support Treasury’s push to include a deal agent in the benchmark non-agency MBS.
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Short Takes: So Much for the Moratorium on Captives Joining FHLBs / Nonprofits Stand Up for Ocwen / Ocwen Layoffs? / Time to Exit SFR? / CFPB Rule Update

April 16, 2015
Paul Muolo, Thomas Ressler, and Brandon Ivey
Is the bloom off the rose in the single-family home rental market? Some institutional investors are shedding assets.
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Low Credit Enhancement on New Jumbo MBS From Two Harbors

April 15, 2015
Brandon Ivey
Credit enhancement levels set by the rating services play a major role in an issuer’s decision to come to market.
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Short Takes: Wall Street Firm Eyeing Mortgage Purchase? / SEC Won’t Take Action Against Carrington / Applications Decline Slightly / Relief for ‘Trailer Park’ Loans? / loanDepot Gets New Chief Credit Risk Officer

April 15, 2015
Paul Muolo, Thomas Ressler, and Brandon Ivey
The Wall Street firm hunting for mortgage acquisitions is not a depository like JPMorgan Chase...
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GSEs in Conservatorship Seen as Working ‘Pretty Well’ for Lenders

April 14, 2015
Brandon Ivey
“Fannie and Freddie have made tremendous strides to provide clarity in the system and create innovations,” said Peter Carroll, executive vice president for mortgage policy and counter party relations at Quicken Loans.
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Wells Fargo’s Originations for First Quarter 2015 Up By 36% Compared with Year Ago

April 14, 2015
Brandon Ivey
Wells' application pipeline is at the highest level seen since the second quarter of 2013.
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