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Home » Authors » Brandon Ivey

Articles by Brandon Ivey

EverBank to Close its Wholesale Broker Mortgage Business

July 30, 2013
Brandon Ivey
Everbank is closing its wholesale business with mortgage brokers.
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Senate Likely to Take Up Mortgage Issues this Week

July 29, 2013
Brandon Ivey
The Senate appears likely to vote on a number of mortgage-related issues this week.
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Unidentified Lenders Account For Growing Share of Jumbo MBS

July 29, 2013
Brandon Ivey
Small, unidentified lenders are accounting for an increasing share of contributions to non-agency jumbo mortgage-backed securities.
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Short Takes: Freddie CFO Stresses GSE's 'True Value' / Fortress Fund Seeks MSRs / Whole Loan Purchase / New Policy Advisor at ASF

July 29, 2013
Brandon Ivey
Freddie Mac's CFO said the "true value" provided by the government-sponsored enterprises isn't billions of dollars in profits. Meanwhile, firms continue to pursue mortgage servicing rights.
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Action on Risk Retention and QRMs Expected in September

July 26, 2013
Brandon Ivey
The Federal Reserve expects to take further action on mortgage risk retention rules in September.
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Treasury Toying with Adjustments to Reduce HAMP Re-Defaults

July 25, 2013
Brandon Ivey
At the end of April, the re-default rate on HAMP loan modifications topped 46 percent for restructurings completed in 2009.
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Short Takes: Delinquencies on OneWest MSR Portfolio Sky High / Norcom Tapping Mini-Correspondent Market / Flagstar Ramps Up Second Liens / Amy Brandt Moves Up

July 25, 2013
Paul Muolo and Brandon Ivey
Ocwen will have plenty of "high touch" loans to work on when it finally takes control of the OneWest portfolio. Meanwhile, the second lien market is heating up.
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Redwood Has Quick Turnaround with Latest Non-Agency Jumbo MBS

July 24, 2013
Brandon Ivey
The jumbo loans in the new Redwood deal are relatively young. But 72 lenders are feeding mortgages into the security.
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Freddie Mac Issues Risk-Sharing Transaction But is Light on Details

July 24, 2013
Brandon Ivey
Amherst Securities said the risk-share deal was structured in a way that it will likely never take a loss.
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JPM Ready to Hit the Market with Yet Another Jumbo MBS Deal

July 23, 2013
Brandon Ivey
The rating services have raised concerns about the representations and warranties on the new JPM jumbo deal as well as geographic concentration risk.
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