Brandon Ivey

Mortgage Industry Urged to Standardize App Interfaces

January 17, 2020

Application programming interfaces have the potential to create efficiencies in the mortgage industry, though standardization is key, according to leaders spearheading an effort at MISMO.

HUD Criticized for Handling of Personal Records

January 17, 2020

Brandon Ivey

The HUD IG said it will provide a broader accounting of the issue when it publishes a formal report.

Non-Agency MBS Issuance Picks up After Holidays

January 16, 2020

Brandon Ivey

Six non-agency MBS backed by newly-originated mortgages have been introduced since the beginning of the year. Issuance is ramping up after a slow December.

Non-Agency Players Top Picks Among REIT Stocks

January 16, 2020

Brandon Ivey

REITs with non-agency operations look attractive to stock analysts as the Trump administration works to decrease the footprint of the government-sponsored enterprises. REITs cited as “top picks” include Ellington, New Residential and Starwood.

Regulators Settle Predatory, Privacy, Copyright Lawsuits

January 16, 2020

Brandon Ivey

A mortgage lender accused of predatory practices has agreed to pay more than $3.75 million in restitution. Separately, a broker settled consumer privacy violations and three individuals face penalties for copyright infringement.

Angel Oak Stocks Expanded-Credit MBS with Fixed-Rate Mortgages

January 16, 2020

Brandon Ivey

Expanded-credit MBS with a small share of adjustable-rate mortgages are somewhat rare.

Short Takes: FHFA Restructures CSS Board / Meaning? / JPM Readies Non-Agency MBS / New Applications Spike

January 15, 2020

Paul Muolo and Brandon Ivey

The FHFA has enormous sway over the CSS because of its role as regulator and conservator of Fannie and Freddie. However, once (if) the two are recapped and released, that won’t necessarily be the case…