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Home » Authors » Brandon Ivey

Articles by Brandon Ivey

CSBS Sets Nonbank Capital Minimum at $2.5 Mil; Guidelines Look a Lot Like FHFA’s

March 26, 2015
Brandon Ivey
For capital, the proposed baseline standard for all nonbanks would require a base net worth of $2.5 million...
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Impac’s Early Results with Non-QM Lending Weak, but Hope Springs Eternal

March 26, 2015
Brandon Ivey
Impac said it will originate more than $2.0 billion of all mortgages in 1Q15, almost double what it produced the previous quarter.
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Short Takes: Nationstar Hiring? / Ocwen for Sale? / Is it Safe for Nonbanks to Start Originating Seconds? / A Capital Break for MSRs? / Impac Posts Loss

March 26, 2015
Paul Muolo, Thomas Ressler, and Brandon Ivey
Is it possible that Ocwen will sell the entire company and not just all of its agency servicing rights?
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Nationstar Reveals More MSR Purchases, but Stock Gets Hit on News of Secondary Stock Offering

March 25, 2015
Brandon Ivey
How is Fortress feeling this morning? It owns 70 percent of Nationstar's common.
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Short Takes: Will SCOTUS Allow Underwater Seconds to be Dismissed? / And Now a Word from RoundPoint / GSE Conservatorships: Long, Strange Trip, Man / A GSE Bill Passing? Not Likely / More on Nationstar

March 25, 2015
Paul Muolo, Thomas Ressler, and Brandon Ivey
Although RoundPoint isn’t taking any questions regarding a possible sale of the company, it recently published a statement regarding its co-issuance and subservicing businesses.
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Is Walter the Next Ocwen? Green Tree Hit With Servicing Downgrades

March 24, 2015
Brandon Ivey
Fitch said the downgrade was tied to Green Tree’s “aggressive portfolio growth,” noting that the nonbank grew its MSR portfolio by almost three-fold over the past two years.
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Ocwen Dismisses Accusations from Non-Agency MBS Investors, Claims No Ongoing EoD

March 23, 2015
Brandon Ivey
In a letter sent Sunday to trustees of the MBS, Ocwen tried to rebut claims made in January by BlackRock, PIMCO, Metropolitan Life and others...
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Depositories Hike Mortgage Holdings; More Keeping GSE Eligible Loans

March 22, 2015
Brandon Ivey
Urban Institute's Karan Kaul noted that some banks have opted to keep mortgages that are eligible for sale to the GSEs.
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Ocwen, Nationstar and SPS Get Hit with ‘Needs Moderate Improvement’ Tag

March 22, 2015
Brandon Ivey
Ocwen actually received the highest marks possible across its performance review for 4Q, but Treasury said the servicer’s “moderate” improvement rating was due to a lack of progress in implementing previously identified improvements.
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Except for Loans to the Affluent, the Non-QM Market Showing Muted Promise

March 20, 2015
Brandon Ivey
For the past year, Nationstar Mortgage has been working toward offering a non-QM refinance product.
Read More
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