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Home » Authors » Brandon Ivey

Articles by Brandon Ivey

3Q Mortgage Income Rises at Regional Banks

November 3, 2014
Brandon Ivey
BB&T posted $80 million of mortgage banking net income in the third quarter, up sharply from a negative $21 million suffered in the previous quarter.
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Redwood to Include More Non-QMs in its Latest Jumbo MBS

October 30, 2014
Brandon Ivey
Meanwhile, 84 lenders contributed to Redwood’s pending issuance, led by First Republic Bank with a 32.6 percent share.
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Ocwen CEO Erbey on Potential NYDFS Settlement: $100 Million is the ‘Minimum’

October 30, 2014
Brandon Ivey
Ocwen chief Bill Erbey noted that the settlement amount might be materially higher and include requirements beyond a monetary penalty.
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Moody’s to Non-QM Lenders: Find Rookie Borrowers With Potentially Lucrative Careers

October 29, 2014
Brandon Ivey
Young doctors just out of medical school can be good non-QM credit risks. Of course, there's all that student loan debt to consider...
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SIGTARP: Complaints About HAMP MSR Transfers ‘Escalating’

October 29, 2014
Brandon Ivey
The SIGTARP said that since the beginning of 2013 it has received complaints from “nearly 100” borrowers regarding issues with servicing transfers, and that 84 of the calls came in 2014.
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Short Takes: Redwood’s New Jumbo MBS Has Eight Non-QMs / MB Launches Sports Firm, Reveals Mortgage Earnings / Ellie Mae is Worth What? / FHFA Has a New Watchdog, Finally / Distressed RE Fund Raises a Bundle

October 29, 2014
Paul Muolo, Brandon Ivey, and Charles Wisniowski
Pacific Union Financial took in $100 million of profits. It’s not every day that a privately held nonbank tells the world what it’s earning…
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Quick Turn-Time on Latest Jumbo MBS from Two Harbors

October 28, 2014
Brandon Ivey
DBRS said one of the strengths of the new jumbo deal is its traditional lifetime representations and warranties.
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Despite ‘Open Letter’ on Loan Mod Snafu, Ocwen’s Share Price Hits New Low

October 27, 2014
Brandon Ivey
Ocwen's open letter to borrowers likely will not assuage shareholders who have lost a ton of money on the firm.
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California Continues to Dominate the Jumbo Market – By Far

October 27, 2014
Brandon Ivey
Jumbo lending increased 14.2 percent in 2013 compared with the previous year. California posted a growth rate slightly above that level...
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Now the States Want to Develop Capital Standards for Nonbank Servicers

October 23, 2014
Brandon Ivey
The new nonbank task force includes representatives from nine state regulators, including the New York Department of Financial Services where Benjamin Lawsky is the superintendent.
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