Brandon Ivey

News Briefs

April 9, 2021

CSBS moving forward with servicing standards for nonbanks; A&D launches jumbo with new QM standards; Angel Oak Commercial Lending expanding into wholesale; Redwood adds Faith Schwartz and Armando Falcon to its board.

Bayview Aggregating Jumbos for MBS Issuance

April 9, 2021

Brandon Ivey

Bayview hired former employees of Redwood Trust to boost its jumbo-mortgage aggregation efforts.

Short Takes: In-Person is Back at MBA / By the Numbers / Employee Compensation Costs / What Mortgage Stock Investors Like / NOOs for Sale / Deephaven’s New Hire

April 9, 2021

Paul Muolo and Brandon Ivey

From analyst Henry Coffey of Wedbush Securities: “Investors do not like lower GOS margins"...

Fannie and Freddie Announce the End of the QM Patch

April 9, 2021

Dennis Hollier and Brandon Ivey

Under previous Director Kathy Kraninger, the CFPB claimed the impact from these changes would be minimal. According to the bureau, the vast majority of loans that received QM status due to the patch would also meet the new standards.

MFA Stocks Another Non-QM MBS with Loans from Acra

April 9, 2021

Brandon Ivey

The $394 million MBS from MFA marks the debut of ServiceMac as a subservicer for Acra Lending...

Annaly Selling its Commercial Mortgage Investment Unit to Slate

April 8, 2021

Brandon Ivey

An asset manager based in Toronto agreed to acquire Annaly’s commercial business. The REIT will put an even greater emphasis on its investments in residential MBS.

SOFR Variant Seen as Alternative to LIBOR for MBS and ABS

April 8, 2021

Brandon Ivey

A 30-day average of SOFR would make a good replacement for LIBOR when pricing new MBS and ABS, according to a recommendation from a committee of industry participants convened by the Fed.

CSBS Moving Forward with Standards for Nonbank Servicers

April 8, 2021

Brandon Ivey

States hope to finalize standards for nonbank servicers despite strong opposition from industry participants. Details are still being ironed out, and implementation remains a concern.

Broad Opposition to CFPB’s Plan to Delay End of QM Patch

April 8, 2021

Brandon Ivey

A number of groups representing lenders and consumer advocates said the CFPB should abandon an effort to extend the QM patch beyond July 1. The regulator also faces hurdles involving the GSEs and federal rulemaking requirements.

Short Takes: Heading for the Door / Down, Down, Down: Forbearance Ratios / AIG’s Jumbo MBS / Ex-Freddie Chief Adds a Title / Renaissance Hires New COO

April 6, 2021

Paul Muolo, Dennis Hollier, and Brandon Ivey

American International Group (once the property of the U.S. government) is preparing to issue a $426.4 million jumbo MBS...

Brandon Ivey

ARTICLES

News Briefs

Bayview Aggregating Jumbos for MBS Issuance

Short Takes: In-Person is Back at MBA / By the Numbers / Employee Compensation Costs / What Mortgage Stock Investors Like / NOOs for Sale / Deephaven’s New Hire

Fannie and Freddie Announce the End of the QM Patch

MFA Stocks Another Non-QM MBS with Loans from Acra

Annaly Selling its Commercial Mortgage Investment Unit to Slate

SOFR Variant Seen as Alternative to LIBOR for MBS and ABS

CSBS Moving Forward with Standards for Nonbank Servicers

Broad Opposition to CFPB’s Plan to Delay End of QM Patch

Short Takes: Heading for the Door / Down, Down, Down: Forbearance Ratios / AIG’s Jumbo MBS / Ex-Freddie Chief Adds a Title / Renaissance Hires New COO

Latest Imf News

Retail Channel Regains Some Share of Originations in 2025

ARMs From Nonbanks Head Into MBS From Redwood

Non-Agency MBS Issuers Expect Benefits From Disclosure Shift

FHA Faulted on Now-Rescinded Foreclosure Sale Program

Featured Data

Bank Servicing Declines in 4Q, MSR Fair Values Up

Mortgage-Banking Earnings at Banks Level Off in 4Q

Fannie Mae, Freddie Mac Profits Decline in 2025

Home Equity Loan Securitization Growth Levels Off

Featured Reports

Top Mortgage Players: 3Q25 (PDF)

Lender Profiles 3Q25: Top 25 (PDF subscription)

Mortgage Profitability Report 3Q25 (PDF)

Agency Channel Analysis: 4Q25 (PDF)

Featured Poll

As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?