Brandon Ivey

Purchase-Mortgage Originations Seen Down Due to Coronavirus

April 16, 2020

Brandon Ivey

Production of purchase mortgages is likely to fall this year due to issues tied to the coronavirus.

Impac Not Ready to Resume Mortgage Originations

April 16, 2020

Brandon Ivey

Impac had hoped to resume lending again after a shutdown of two weeks. But that was then...

Short Takes: Help for Nonbanks After All? / A Steep Lending Decline for a Jumbo Producer / loanDepot’s Hiring Pledge / A New Retail Office for Angel Oak

April 15, 2020

Paul Muolo and Brandon Ivey

Layoffs? Don’t tell that to loanDepot. In a press statement earlier in the week, company founder and CEO Anthony Hsieh pledged to hire 3,000 employees by the end of 2020…

Regulators Allow Banks to Delay Appraisals Until After the Loan Closes

April 15, 2020

Brandon Ivey

For certain residential mortgages, including refis, banks can delay obtaining an appraisal for up to 120 days after a loan closes.

Short Takes: The Calabria Debate Continues / Salome? / Probably Not / MFA Selling Anything that’s Not Nailed Down

April 14, 2020

Brandon Ivey and Paul Muolo

Meanwhile, on Tuesday morning, S&P Global downgraded a handful of large nonbanks, including Mr. Cooper, Ocwen Financial, and Freedom Mortgage, which rank third, 13^th and 14^th, respectively among servicers, according to figures compiled by Inside Mortgage Finance...

Coronavirus Crisis Reshaping Lenders’ Best Practices

April 10, 2020

Brandon Ivey

Industry analysts suggest lenders sell loans quickly and use best-efforts pricing options to offset volatility caused by the coronavirus crisis.

CECL Standard Delayed for Banks, Nonbanks Waiting

April 10, 2020

Brandon Ivey

Banks have received two-year relief from the full impact of the new current expected credit losses accounting standard as they cope with broader impact of the coronavirus. Nonbanks are seeking similar relief.

Fed Adds Assets Eligible for TALF, Industry Pushes for More

April 9, 2020

Brandon Ivey

Following pressure from industry participants and lawmakers, the Federal Reserve added legacy commercial MBS and CLOs to the TALF. Industry is hoping that eventually non-QM assets might be covered.

Left Holding Loans Meant for MBS, Velocity Adjusts

April 9, 2020

Brandon Ivey

Velocity Financial raised capital by selling stock after plans to issue MBS were disrupted by volatility from the coronavirus. Several REITs also provided updates on their financials.

Coronavirus Prompts Changes to MBS, ABS Rating Criteria

April 9, 2020

Brandon Ivey

When issuance of non-agency MBS and ABS resumes, issuers will face tougher standards from rating services due to the coronavirus.

Brandon Ivey

ARTICLES

Purchase-Mortgage Originations Seen Down Due to Coronavirus

Impac Not Ready to Resume Mortgage Originations

Short Takes: Help for Nonbanks After All? / A Steep Lending Decline for a Jumbo Producer / loanDepot’s Hiring Pledge / A New Retail Office for Angel Oak

Regulators Allow Banks to Delay Appraisals Until After the Loan Closes

Short Takes: The Calabria Debate Continues / Salome? / Probably Not / MFA Selling Anything that’s Not Nailed Down

Coronavirus Crisis Reshaping Lenders’ Best Practices

CECL Standard Delayed for Banks, Nonbanks Waiting

Fed Adds Assets Eligible for TALF, Industry Pushes for More

Left Holding Loans Meant for MBS, Velocity Adjusts

Coronavirus Prompts Changes to MBS, ABS Rating Criteria

Latest Imf News

Servicing Share for Rocket, Chase Down in Second Quarter

Income Declines at Rocket After Slow Spring Homebuying Season

MBS Investors Call for Changes With GSEs’ Credit Score Framework

Weak Jobs Report Could Delay Rate Hike by Fed

Featured Data

Largest Servicers Lose Ground in Second Quarter

MSR Transfers Increase in 2Q, UWM’s Sales Spike

Reset Activity Drives 2Q26 Boost in CLO/CDO Issuance

Originations Increase in 2Q Amid Headwinds From Rates

Featured Reports

Guide to Mortgage Lending to First-Time Homebuyers

Mortgage Servicing Rights Report: 1Q26 (PDF)

Lender Profiles 1Q26: Top 25 (PDF)

Mortgage Profitability Report 1Q26 (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?