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Home » Authors » Brandon Ivey

Articles by Brandon Ivey

Ocwen Gets Support from Investors that Buy Lower Tranches in Non-Agency MBS

March 19, 2015
Brandon Ivey
"I prefer Ocwen over any other servicer to the extent they continue the same practices," said investor John Devaney, CEO of United Capital Markets.
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Short Takes: Cooperman and Omega Throwing in the Towel on Altisource / ASPS Hits New, 52-Week Low / WinWater’s New Jumbo Deal / Lower Originations? / The Best MSRs Go First

March 19, 2015
Paul Muolo and Brandon Ivey

The ‘Mystery’ Captive That Joined the Indianapolis FHLB is Five Oaks

March 17, 2015
Brandon Ivey
A ban on captive insurers joining the FHLB system appears to be over.
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Short Takes: Consumer Reports Advises Against Using Loan Brokers / NAMB: Come to Work With Us / Five Oaks Flying Solo on Jumbo MBS / Auction.com: Washington is Flipping Heaven / Ginnie MSRs for Sale

March 17, 2015
Paul Muolo and Brandon Ivey
“We don’t recommend that you hire a mortgage broker” for rate shopping purposes, says Consumer Reports magazine...
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Commercial Banks and Whole Loans, What’s the Deal?

March 16, 2015
Brandon Ivey
Bank demand for MBS has increased due to new accounting requirements and a decline in total residential loan production in recent years.
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Poised for a Revival: Wholesale-Broker Lending?

March 16, 2015
Brandon Ivey
United Wholesale's Mat Ishbia said 20 percent of purchase mortgages are originated by brokers.
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The Ocwen Tally on Servicing Breaches: 482; But Unless the Trustee Acts…

March 13, 2015
Brandon Ivey
Over the past few years, 482 of Ocwen’s deals have experienced breaches, but the trustee generally did not seek termination of the servicing contract.
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Realtors Recommend Specific Mortgage Providers for 55 Percent of Their Deals

March 12, 2015
Brandon Ivey
When Realtors recommend a lender, homebuyers use one of the anointed originators 68 percent of the time.
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CFPB Shines Spotlight on Branch Managers, Cites Violations of LO Comp Standards

March 12, 2015
Brandon Ivey
Despite the potential seriousness of the allegations, the CFPB did not identify any lenders by name.
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Short Takes: Trade Group Wants G-Fees Cut Now / As for Fannie & Freddie Legislation… / What Does Ocwen Do With All That Cash? / Maine Republican Worries about MMIF

March 12, 2015
Paul Muolo, George Brooks, and Brandon Ivey
Most people who are not in straight-jackets believe the chances of GSE reform by 2016 are pretty much zero. Just in case you were wondering and needed a reminder…
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