Brandon Ivey

Expanded-Credit Lending Strong in 2Q19 but Trailed the Overall Market in Growth

September 3, 2019

In the first half of 2019, Angel Oak was the top-ranked expanded-credit lender, with production of $1.25 billion…

Short Takes: Waiting for Godot (and Treasury’s GSE Plan) / Underwhelming? / New Capital Requirements? When? / The Ups and Downs of Non-QM MBS Issuance

August 30, 2019

Here’s what won’t be in the Treasury plan: The new Fannie/Freddie capital requirements, a document the Federal Housing Finance Agency is working on…

Expanded-Credit Originations Trail Strong Market in 2Q

August 30, 2019

Brandon Ivey

Production of expanded-credit mortgages increased in the second quarter but not by nearly as much as the surge in total originations. The sector was crowded out to some extent by conventional loan refinances.

Jumbo Mortgage Refi Volume Jumps in Second Quarter

August 30, 2019

Brandon Ivey

Refinances of jumbo mortgages increased significantly in the second quarter and accounted for 35.5% of total jumbo originations. Industry participants expect refi volume to remain elevated.

Correspondent Share in Jumbo Market Is Down a Tad

August 30, 2019

Brandon Ivey

Jumbo originations increased across channels in the first half of 2019. The correspondent channel lost a little bit of market share while retail remained the dominant source of jumbo production.

Citi the Second Big Bank to Issue Non-QM MBS

August 30, 2019

Brandon Ivey

Citi joined JPMorgan Chase as the second big bank to issue MBS backed by non-QMs. The deal was stocked with mortgages from Impac.

Redwood Seeks MBS Reforms Along with Changes to QM Standards

August 30, 2019

Brandon Ivey

Redwood suggested changing the flat 5% risk-retention requirement on MBS with non-QMs to a standard based on the asset-level of loans in a deal.

LendingHome Issues its Second MBS of the Year

August 30, 2019

Brandon Ivey

LendingHome in July issued its second fix-and-flip MBS of 2019. The deal was met with stronger demand than the security issued in March.

Bank Holding of First Liens Up 2.2% in Second Quarter

August 30, 2019

Brandon Ivey

Holdings of first liens by banks and thrifts increased in the second quarter. JPMorgan Chase ranked second with a portfolio of $231.21 billion, but its holdings were off on both a quarterly and an annual basis.

Redwood Receives Favorable ‘No-Action’ Letter from SEC

August 30, 2019

Brandon Ivey

The real estate investment trust received a positive no-action letter from the SEC regarding mortgage servicing rights acquired as part of its mortgage banking activities.

Brandon Ivey

ARTICLES

Expanded-Credit Lending Strong in 2Q19 but Trailed the Overall Market in Growth

Short Takes: Waiting for Godot (and Treasury’s GSE Plan) / Underwhelming? / New Capital Requirements? When? / The Ups and Downs of Non-QM MBS Issuance

Expanded-Credit Originations Trail Strong Market in 2Q

Jumbo Mortgage Refi Volume Jumps in Second Quarter

Correspondent Share in Jumbo Market Is Down a Tad

Citi the Second Big Bank to Issue Non-QM MBS

Redwood Seeks MBS Reforms Along with Changes to QM Standards

LendingHome Issues its Second MBS of the Year

Bank Holding of First Liens Up 2.2% in Second Quarter

Redwood Receives Favorable ‘No-Action’ Letter from SEC

Latest Imf News

Residential MBS Issuance Declines Slightly in First Quarter

Originations Up on Annual Basis in 1Q at Chase, Wells

Trump Admin Plans to Constrain Home Price Appreciation

Sales of Existing Homes Decline in March

Featured Data

ARM Production Bounces Back in Fourth Quarter

Home Equity Loan Originations Decline in Fourth Quarter

GSE Seller Buybacks and Unresolved Claims Decline

Profits Sag at FHLBanks in Fourth Quarter

Featured Reports

Mortgage Profitability Report 4Q25 (PDF)

Agency Channel Analysis: 4Q25 (PDF)

IMF Mortgage Directory: Full interactive database

IMF HMDA Dashboard: 2024

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?