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Home » Authors » Brandon Ivey

Articles by Brandon Ivey

As the Seasons Change, Investors, Distressed Properties Gain Market Share

October 21, 2015
Brandon Ivey
Investors that buy homes accounted for 15.2 percent of purchasers in September, based on a three-month moving average.
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FHLB Advances Help REIT Redwood Trust with Jumbos

October 20, 2015
Brandon Ivey
At mid-year 2015, Redwood’s subsidiary had $882 million of outstanding FHLB advances with a weighted average interest rate of 0.23 percent and a weighted average maturity of six years.
Read More

Final HMDA Tally: Jumbo Purchases Topped Refis

October 20, 2015
Brandon Ivey
Jumbos accounted for 18.1 percent of total production in 2014, up from a 14.6 percent share the previous year.
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Lenders Prevail as HUD Withdraws Proposal to Set Maximum Timeline for FHA Insurance Claims

October 19, 2015
Brandon Ivey
“Had the proposal been implemented, it could have had a chilling effect on FHA lending, to the detriment of the borrowers served by the FHA program,” according to lawyers at K&L Gates.
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Armed with $1B to Spend, Caliber Sees Opportunities in Non-Agency Mortgages

October 19, 2015
Brandon Ivey
Controlled by Loan Star Funds, Caliber has $1.0 billion to spend on funding non-agency mortgages.
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Short Takes: Not Ready for TRID? Don’t Worry About It / Nonbank Nonprime Lender Joins an FHLB, Using Captive Insurer / loanDepot Hires Ex-Fannie Tech Executive / CFPB Warns on ‘Free Pass’ Language / NMI Official Joins Lender Live

October 19, 2015
Paul Muolo and Brandon Ivey
It's not everyday that a nonbank, nonprime lender gains access to the Federal Home Loan Bank system...
Read More

Caliber Starting to Look Like Ocwen? A NY AG Probe and a Ratings Downgrade

October 15, 2015
Brandon Ivey
Regulatory scrutiny of Caliber Home Loans includes an investigation by New York Attorney General Eric Schneiderman...
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The ‘Megabanks’ See Declining Residential Production in 3Q15

October 15, 2015
John Bancroft and Brandon Ivey
Given the fairly wide range in origination volume trends among the group, it’s difficult to forecast how the overall market fared based on just their activity.
Read More

Short Takes: So, What’s BofA’s Next Move? / Who is Tom Ferry? / Former NFL Player Sticks with MSAs / Walter Gets a Better Grade / CFPB Issues New HMDA Rule / FGMC Hires SunTrust Mortgage Chief

October 15, 2015
Paul Muolo and Brandon Ivey
Bank of America isn't severing all its ties to realtors...
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In 3Q, JPM Gobbled Up $19B of Mortgages for its Own Balance Sheet

October 14, 2015
Brandon Ivey
As one JPM competitor noted: “It’s no surprise that correspondent led the way for them. They own the correspondent jumbo market.”
Read More
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