Brandon Ivey

SFVegas Conference Kicks Off with Strong Attendance, Heightened Interest in MSRs

February 24, 2020

It was standing room only on Sunday at a panel discussion on the basics of securitizing mortgage servicing rights.

Jumbo Originations Jump in 2019, Slow in Fourth Quarter

February 21, 2020

Production of jumbos increased by nearly 50% in 2019. The increase was proportional to broader trends in the mortgage market, but the sector didn’t keep pace in the fourth quarter. (Includes data chart.)

Kraninger Says Robust Market for Non-QMs Absent

February 21, 2020

Brandon Ivey

CFPB Director Kathy Kraninger says the relatively small size of the non-qualified-mortgage market is one of the reasons the bureau plans to change QM standards.

FHFA is More Likely Than Congress to Hike G-Fees

February 21, 2020

Brandon Ivey

Congress is unlikely to increase the g-fee charged by the GSEs, though the FHFA may as part of efforts to “level the playing field” between the GSEs and the non-agency market.

Moody’s Raises Concerns Over Non-QM Underwriting

February 21, 2020

Brandon Ivey

Certain non-QM lenders’ underwriting tactics might not meet the CFPB’s ability-to-repay rule, according to Moody’s. It suggested tighter standards for bank statement mortgages and loans to the self-employed.

Annaly, Ellington Seeing Benefits from Non-Agency Investments

February 21, 2020

Brandon Ivey

Annaly Capital Management and Ellington Financial are both generating double-digit returns from aggregating mortgages and issuing non-agency MBS. The firms plan to increase their activity in the sector.

Chimera Investment Sets Focus on Prime Mortgages

February 21, 2020

Brandon Ivey

Issuance of non-agency MBS backed by prime mortgages offers better returns than aggregating non-QMs, according to officials at Chimera Investment.

Flurry of Non-Agency MBS Ahead of Conference in Las Vegas

February 21, 2020

Brandon Ivey

Presale reports for 13 non-agency MBS were published in the past two weeks as issuers sought to get deals into the market ahead of the Structured Finance Association’s annual conference.

News Briefs

February 21, 2020

Brandon Ivey

SEC to meet MBS issuers; HPS acquires Citadel; Anworth plans non-QM MBS; Quontic streamlines non-QM refis; Ocwen takes a loss on servicing for New Residential.

Moody's Warns of Regulatory Risks for Some Non-QMs

February 21, 2020

Brandon Ivey

Moody's believes that relying on less than 12 months of a borrower's bank statements increases the risk a non-QM loan may not meet the CFPB's standards...

Brandon Ivey

ARTICLES

SFVegas Conference Kicks Off with Strong Attendance, Heightened Interest in MSRs

Jumbo Originations Jump in 2019, Slow in Fourth Quarter

Kraninger Says Robust Market for Non-QMs Absent

FHFA is More Likely Than Congress to Hike G-Fees

Moody’s Raises Concerns Over Non-QM Underwriting

Annaly, Ellington Seeing Benefits from Non-Agency Investments

Chimera Investment Sets Focus on Prime Mortgages

Flurry of Non-Agency MBS Ahead of Conference in Las Vegas

News Briefs

Moody's Warns of Regulatory Risks for Some Non-QMs

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?