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Home » Authors » Brandon Ivey

Articles by Brandon Ivey

First-Time Buyers Accounted for 43 Percent of Agency Purchases in 2014; Wells Dominant

January 22, 2015
Brandon Ivey
Just over $224 billion of mortgages to first-time homebuyers were included in agency MBS issued in 2014, according to figures compiled by IMF.
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Redwood Set to Issue Another Jumbo MBS with Non-QMs

January 22, 2015
Brandon Ivey
First Republic Bank is the top contributor to Redwood's new jumbo deal with a 31.7 percent market share.
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Short Takes: JPM Sold Servicing to Nationstar? / IMA Will Still Sell Distressed Product / Ocwen Quietly Peddling Servicing? / Head of Retail at Guaranteed Rate Walks / $7MM to Get Deals Rated? / FHA Update

January 22, 2015
Paul Muolo, George Brooks, and Brandon Ivey
Thomas Gamache, national director of retail sales for Guaranteed Rate, has left the company and accepted a position with Citizens Financial Group...
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S&P Settles Charges Regarding Ratings for Commercial MBS, Non-Agency MBS

January 21, 2015
Brandon Ivey
In settling, S&P did not admit or deny any of the allegations levied against the firm.
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Short Takes: Leon Cooperman Feels the Altisource Pain / CFPB Mum on Fixing Lender-Paid Comp / Former S&P Chief Under Fire

January 21, 2015
Paul Muolo and Brandon Ivey
Regarding Altisource, the phrase “catch a falling knife” comes to mind. Cooperman is the Chairman and CEO of Omega Advisors…
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Altisource Defends Ties to Ocwen, Cuts Staff; Stock Soars

January 16, 2015
Brandon Ivey
Altisource recently eliminated 800 employee positions and hundreds of contractors.
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Lenders Preparing for a Refi Boom(let)? Looks That Way

January 16, 2015
Brandon Ivey
At press time, the yield on the 10-year Treasury was at 1.80 percent, the lowest level since May 2013.
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REITs Cite Disadvantages Due to FHFA Moratorium on Captive Insurers

January 14, 2015
Brandon Ivey
Stan Kurland, PennyMac’s chairman and CEO, said the FHLB application for PMT Insurance has been on hold since it was submitted.
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Short Takes: New Jumbo Deal from Two Harbors / Now for a Nice Word on Ocwen / Maybe Bill Erbey Will Buy…Nah… / What Will Altisource Say? / The 2015 GSE Scorecard is Out

January 14, 2015
Paul Muolo and Brandon Ivey
One servicing advisor raised an interesting scenario Tuesday: Maybe Bill Erbey will swoop in and buy all of Ocwen’s shares and take the whole thing private.
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Strong Opposition to FHFA Proposals on FHLB Membership

January 13, 2015
Brandon Ivey
The Council of Federal Home Loan Banks said the FHFA has shown “no compelling need” for the proposed changes to membership standards.
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