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Home » Authors » Brandon Ivey

Articles by Brandon Ivey

Smaller Private Mortgage Insurers Report Mixed Results for Second Quarter

August 8, 2014
Brandon Ivey
Essent has another quarterly profit while National MI took a loss.
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Fifth Third Settles with DOJ on Alleged Discrimination Against Consumers with Disability Income

August 8, 2014
Brandon Ivey
The DOJ took issue with Fifth Third for asking potential borrowers with disability income to obtain a letter from their doctor to document the income.
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Short Takes: Ellie Mae to Buy AllRegs / Hope for the Non-Agency Market / Defense of Nonbank Servicers / Combining Ginnie Mae MBS

August 8, 2014
Brandon Ivey
Ellie Mae will pay $30.0 million for AllRegs.
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PennyMac and Two Harbors Report Profits for 2Q, Boost Servicing Portfolios

August 7, 2014
Brandon Ivey
PennyMac Financial Services on Wednesday reported net income of $51.4 million for the second quarter of 2014, prompted by strong originations and servicing.
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Short Takes: Morgan Stanley Set to Issue a Jumbo MBS / Delinquency Rates Fall Again / Americans Remain Ambivalent About the Housing Market / Limiting HECM Withdrawals Reduces Defaults / Comments Due to CFPB on Narratives

August 7, 2014
Thomas Ressler, George Brooks, and Brandon Ivey
Morgan Stanley is set to issue its first jumbo mortgage-backed security since the financial crisis.
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SFIG Aims to Kick Start Non-Agency MBS Market with Proposed Standards

August 6, 2014
Brandon Ivey
The Structured Finance Industry Group issued the first of its proposed standards for non-agency mortgage-backed securities.
Read More

Nationstar Acquires Servicing, is Poised for Further Growth

August 6, 2014
Brandon Ivey
Officials at Nationstar Mortgage suggest that regulatory issues won't prevent the nonbank servicer from growing.
Read More

RPM Mortgage Launches ‘Tailored’ Non-QM Offerings

August 6, 2014
Brandon Ivey
RPM Mortgage is offering non-QMs for self-employed borrowers and recent retirees.
Read More

Short Takes: Wells Loosens Jumbo Underwriting / Money Not the Top Draw for LOs / Refi Applications Increase / Multifamily Outlook

August 6, 2014
Brandon Ivey and Charles Wisniowski
Wells Fargo lowered the credit score it allows on jumbos the bank acquires from other lenders.
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Lawsky Accuses Ocwen of 'Troubling' Force-Placed Insurance Scheme

August 5, 2014
Brandon Ivey
The New York Department of Financial Services’ exam of Ocwen Financial has expanded into a force-placed insurance deal with Altisource Portfolio Solutions.
Read More
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