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Home » Authors » Brandon Ivey

Articles by Brandon Ivey

Short Takes: Thanks to Ackman, a Santa Claus Rally in GSE Stocks / New Jumbo MBS from CS / Home Flippers Stop Flipping? / Opus Active / A Departure at Altisource

December 18, 2014
Paul Muolo and Brandon Ivey
A year ago, in SEC filings, Pershing Square disclosed that it owned just under 10 percent of Fannie and Freddie common.
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OCC: Banks Are Actually Tightening Underwriting Standards

December 17, 2014
Brandon Ivey
The OCC said two banks exited the residential mortgage business in 2014 and another two plan to exit in the coming year.
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CBO: Private Capital Can Replace the GSEs but Not Much Savings for Uncle Sam

December 17, 2014
Brandon Ivey
Advocates for GSE reform looking for savings in the federal budget will be disappointed...
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Short Takes: Okay, Is Mortgage Credit Tighter or Looser? / A Management Shakeup at a Texas Lender / Quick, Rehire All the People You Fired / Tax Extender Bill Passed / Ex-CFC LO Headed to ‘The Big House’

December 17, 2014
Paul Muolo and Brandon Ivey
A mid-sized nonbank based in Texas saw two of its top officers resign last week, industry sources confirmed to IMFnews.
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Servicing Settlement Monitor Sees Improvement at Everyone but Ocwen

December 16, 2014
Brandon Ivey
The monitor said Green Tree is working toward addressing issues that caused the servicer to fail eight metrics that were tested in the fourth quarter of 2013.
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Short Takes: Can it Get Any Worse for Ocwen? / JPM Makes Progress on Loan Mods / Skyline Will Double its Capital Base / No Love for Russia / #1 in St. Louis?

December 16, 2014
Paul Muolo and Brandon Ivey
The subordinated debt deal will double the capital base of Skyline Lending.
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CitiMortgage Gets Its HAMP Payments, Treasury Looking Into Ocwen’s Misdated Letters

December 12, 2014
Brandon Ivey
Nationstar, Ocwen, Select Portfolio Servicing and Wells Fargo all need moderate improvement in their HAMP performance.
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S&P Affirms Rating on New Penn, Notes Progress but a Production Decline Too

December 11, 2014
Brandon Ivey
New Penn also reorganized its origination channels, consolidating wholesale and correspondent, while adding a mini-correspondent business line.
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Short Takes: Mortgage M&A Trend Hits Utah / GSEs Can’t Pass On the Cost to Lenders / No More Flips With FHA Loans / A Nice Dividend From PennyMac / A Coming Refi Boom? Yes or No?

December 11, 2014
Paul Muolo, George Brooks, and Brandon Ivey
But there's one little wrinkle: the GSEs cannot pass the cost of funding the HTF onto lenders…
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Treasury Joins the Chorus of Government Institutions Fretting About Nonbank Servicers

December 11, 2014
Brandon Ivey
The Conference of State Bank Supervisors is working on capital requirements for nonbank servicers, a story first reported by Inside Mortgage Finance last month.
Read More
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