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Home » Authors » Brandon Ivey

Articles by Brandon Ivey

Short Takes: Fannie and Freddie Common Shares Get Clobbered / Did the FDIC Sell a Ton of GSE Junior Preferred? / Five Oaks Ramps Up Correspondent Effort / Yes, GSE Reform is Still DOA / A VA Vet Joins Collingwood

March 12, 2014
Paul Muolo and Brandon Ivey
Well, at least GSE junior preferred shares are holding their own. Also, Five Oaks Investment is approving correspondents for its new jumbo flow-program...
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FHFA Not Much of a Threat to PACE ABS?

March 11, 2014
Brandon Ivey
The FHFA said the government-sponsored enterprises’ uniform mortgage documents prohibit PACE financing with lien priority over the mortgage.
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Short Takes: Johnson-Crapo Bill Almost Final and All the World Yawns / High-Cost Loan Limits Remain / MountainView and IMA Stay Active in MSR Market / What’s Google Really Up to With Auction.com?

March 11, 2014
Paul Muolo, Brandon Ivey, and Charles Wisniowski
Stop the presses! The Johnson-Crapo bill is almost ready! Really! Of course, it's going nowhere in the House.
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OCC Warns of Volatility in Mortgage Profits

March 10, 2014
Brandon Ivey
The new version incorporates lessons learned from the financial crisis of 2008 along with contemporary concerns about mortgage originations and servicing.
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QM-Only Lenders Will Not Be Immune to Fair-Lending Scrutiny

March 7, 2014
Brandon Ivey
Some mortgage attorneys believe pricing disparities of 6 basis points to 25 bps can result in a fair-lending referral.
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QM Standards Seen as Liberal Compared with Originations from Years Past

March 6, 2014
Brandon Ivey
“While we’re trying to lend fairly in an unfair world, the regulatory and enforcement apparatus have created this environment that we’re in and they will be looking to enforce based upon those rules,” said industry consultant Maurice Jourdain-Earl.
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JPMorgan Chase Slashing Mortgage Programs Left and Right

March 6, 2014
Brandon Ivey
JPM has made it clear: the megabank refuses to chase market share in a world of declining originations.
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Short Takes: Treasury’s Stegman: ‘Tweaking’ the GSEs Won’t Work / HomeStreet Selling Jumbo Whole Loans / Surprise: VA Loan Limits Rise in Honolulu / A Correction on the FHA MMIF

March 6, 2014
Paul Muolo and Brandon Ivey
The VA loan limit for the Honolulu area has been increased to $721,050 from $625,000, thanks to Sen. Brian Schatz, D-HI.
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Credit Suisse Teams with New Penn on Another Jumbo MBS

March 4, 2014
Brandon Ivey
All of the loans in the Credit Suisse MBS are 30-year fixed-rate mortgages, 4.1 percent of which have 10-year interest-only periods.
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Treasury Official: QRM Rules Will be Ready This Year

March 4, 2014
Brandon Ivey
Adam Levitin, a professor at Georgetown University Law Center, is critical of efforts to align the QRM rule with the QM. “Skin in the game is meant to be a systemic stability regulation, but it has instead been pegged to a consumer protection regulation,” he said.
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