Brandon Ivey

Redwood Selling Assets at a Loss, Meeting Margin Calls

April 2, 2020

Redwood has been able to meet margin calls but is selling mortgage securities at a loss.

Banks Originating Jumbo Mortgages Despite Market Turmoil

March 31, 2020

Some good news: The top five producers of jumbo mortgages all continue to originate the loans, despite the market turmoil caused by the coronavirus...

Impac Suspends All Mortgage Originations for Two Weeks

March 30, 2020

Brandon Ivey

Impac suspended originations of all mortgage products for two weeks beginning March 30, citing financial difficulties tied to the coronavirus.

Layoffs Begin at Non-QM Lenders. Angel Oak, Deephaven Cut Workers

March 27, 2020

Brandon Ivey

Angel Oak Mortgage Solutions laid off roughly 70% of its 275 employees as non-QM originations have stalled due to economic fallout caused by the coronavirus.

Social Distancing Shifts the Focus to Remote Closings

March 27, 2020

Brandon Ivey and Yemeng Yang

Digital mortgage closings are getting renewed attention with the industry forced into social distancing to contain the coronavirus. Remote online notarization can help, though it’s not allowed in all states yet.

First-Time Homebuyer Demographics Changing with Affordability

March 27, 2020

Brandon Ivey

The first-time homebuyer share of originations has held steady for years, though the borrowers’ characteristics are changing — many are getting older.

Market for MBS Backed by Non-QMs Stalls

March 26, 2020

Brandon Ivey

A month ago, investors were gobbling up MBS with non-QMs. Now, the sector is shut down due to the upheaval caused by the coronavirus.

Non-QM Lenders Suspend Originations as Funding Jams

March 26, 2020

Brandon Ivey

The bulk of lenders operating in the non-QM market have suspended production due to a lack of demand in the secondary market. There are some signs that originations could resume within weeks.

Fed's Coronavirus Efforts Seen as Inadequate for Non-Agency MBS, ABS

March 26, 2020

Brandon Ivey

The Fed is taking steps to boost the market for agency MBS and certain sectors of the ABS market, while non-agency MBS isn't receiving direct relief. The Structured Finance Association called for an expansion of the new TALF.

Draft NY Legislation to Help Legacy LIBOR Transition

March 26, 2020

Brandon Ivey

Proposed legislation in New York could reduce legal uncertainties and economic difficulties associated with moving legacy adjustable-rate mortgages away from the London Inter-Bank Offered Rate.

Brandon Ivey

ARTICLES

Redwood Selling Assets at a Loss, Meeting Margin Calls

Banks Originating Jumbo Mortgages Despite Market Turmoil

Impac Suspends All Mortgage Originations for Two Weeks

Layoffs Begin at Non-QM Lenders. Angel Oak, Deephaven Cut Workers

Social Distancing Shifts the Focus to Remote Closings

First-Time Homebuyer Demographics Changing with Affordability

Market for MBS Backed by Non-QMs Stalls

Non-QM Lenders Suspend Originations as Funding Jams

Fed's Coronavirus Efforts Seen as Inadequate for Non-Agency MBS, ABS

Draft NY Legislation to Help Legacy LIBOR Transition

Latest Imf News

Better Takes Another Loss in 3Q

Newrez Finds Success With Non-Agency Mortgages in 3Q

FHA Partners With SSA on Data Exchange Program

Commercial MBS Investors Seek Changes to Deals

Featured Data

Top Ginnie Servicers Increase Portfolios in Third Quarter

Major Lenders Pull Back on ECM MBS in 3Q

Resets Drive CLO/CDO Issuance Higher in 3Q

Originations Tumble 16% in Third Quarter

Featured Reports

GSE Repurchase Activity: Cumulative Through Second Quarter 2026 (PDF Format)

Mortgage Profitability Report 2Q26 (PDF)

Guide to Mortgage Lending to First-Time Homebuyers

Mortgage Servicing Rights Report: 2Q26 (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?