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Home » Authors » Brandon Ivey

Brandon Ivey

bivey@imfpubs.com
Articles

ARTICLES

With MSR Prices Strong, Freedom Tests the Water

August 15, 2024
Paul Muolo and Brandon Ivey
The servicing sales market has slowed this summer, but there are rumblings of activity. Freedom Mortgage, for instance, is peeling off a piece of its conventional portfolio. And a sale of SPS is in the works.
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Correspondents, Brokers Gain Agency Share in 2Q

August 15, 2024
Brandon Ivey
Correspondent and broker loans were more heavily weighted toward purchase mortgages in the second quarter compared with the retail channel.
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Annaly’s Expanded-Credit MBS Issuance Pace Slows Slightly

August 15, 2024
Brandon Ivey
Annaly Capital Management is set to issue its 12th expanded-credit MBS of the year.
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Lenders Make Plans to Recapture Borrowers With Refis

August 15, 2024
Brandon Ivey
Servicers have cited investments in technology to better track when a borrower might refinance, and investments in call center operations to complete the refis.
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Short Takes: ‘Soft Landing’ Still Possible / Neutral Housing Market / Pending Home Sales Decline / Newrez Launches Emergency Fund for Employees

August 15, 2024
Brandon Ivey
The economy is looking somewhat stronger than expected, based on data released Thursday.
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Refi Demand Jumps as Interest Rates Decline

August 14, 2024
Brandon Ivey
"While refi activity is up significantly over the last couple weeks, most borrowers would need mortgage rates to move much lower before they’re incentivized to refinance," said Mark Palim, deputy chief economist at Fannie Mae.
Read More

UBS Selling Mortgage Servicer SPS for Breakeven Price

August 14, 2024
Brandon Ivey
Select Portfolio Servicing handled servicing on mortgages with an unpaid principal balance of $166.70 billion as of the end of June, according to estimates by Inside Mortgage Finance.
Read More

Short Takes: ‘Magical’ Number for Interest Rates / Some Home Price Depreciation / Fannie Selling RPLs / Loss for Fix-and-Flip Lender

August 14, 2024
Brandon Ivey
It's hard to pin down the "magical" number for interest rates that will unlock the housing market, according to the CEO of The Home Depot.
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Short Takes: New Mortgage Reinsurer / Rocket Consistent With CES Securitizations / DSCR Loans in Non-Agency MBS / Growing Through Selling Servicing

August 13, 2024
Brandon Ivey
Skyward Specialty Insurance Group launched a mortgage reinsurance business.
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Third-Party Channels Gain Share in Agency Market

August 9, 2024
Brandon Ivey
The retail channel’s share of agency MBS production slipped from 47.4% in the first quarter to 45.6% in the second quarter. The correspondent and broker channels gained share. (Includes two data tables.)
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View All Articles by Brandon Ivey

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