Brandon Ivey

More QM ‘Patch’ Solutions Offered

July 19, 2019

The CFPB should allow compensating factors to be considered in lieu of a strict 43% DTI ratio limit for determining QM status, according to two separate proposals.

Investors See Value in GSE-Eligible Non-Agency MBS

July 19, 2019

Brandon Ivey

Non-agency MBS with GSE-eligible investment-property mortgages can of-fer better execution for lenders than delivering loans to the GSEs.

WAMCO Leads Crop of Expanded-Credit MBS

July 19, 2019

Brandon Ivey

Issuance of expanded-credit MBS is set for a strong start in the third quarter. Presale reports for eight deals were published in the past two weeks, including the second-largest post-crisis issuance.

Expanded-Credit MBS Underwriting Standards Level in 2Q

July 19, 2019

Brandon Ivey

Average credit scores, DTI ratios and LTV ratios are staying relatively steady as expanded-credit MBS issuance booms. Lenders are putting more emphasis on underwriting based on alternative documentation.

Ginnie Mae to Allow Financing of Servicing Advances

July 19, 2019

Brandon Ivey

In a bid to boost liquidity for issuers, especially nonbank players, Ginnie Mae by yearend will allow financing of servicing advances.

SOFR Likely to Replace LIBOR in New ARMs

July 19, 2019

Brandon Ivey

The Alternative Reference Rate Committee detailed how a modified SOFR could be used in place of LIBOR for new ARM originations. It also proposed fallback language to move new ARMs away from LIBOR.

Good News for MSR Liquidity: Ginnie Mae Will Allow for Financing of Servicing Advances

July 18, 2019

Brandon Ivey

Mike Fontaine, CFO of Plaza Home Mortgage, said servicers can recognize significant benefits from advance financing. “When you have a Ginnie portfolio, servicing advances can be a rather large cash drain,” he said. “If you have the ability to finance that piece of it, it will provide more liquidity.”

Ginnie to Allow Financing of Servicing Advances

July 18, 2019

Brandon Ivey

In a bid to boost liquidity for issuers, especially nonbank players, Ginnie Mae by yearend will allow financing of servicing advances.

Push for LO Compensation Change Gets CFPB’s attention

July 18, 2019

Brandon Ivey

The Mortgage Bankers Association is making headway on getting the CFPB to change its loan originator compensation rules. But how far will the bureau go?

CFPB Poised to Relax Certain LO Comp Rules

July 17, 2019

Brandon Ivey

Chris George, CEO of CMG Financial and the current chairman of the MBA, provided an update on the effort this week at the California Mortgage Bankers Association’s western secondary market conference in San Francisco.

Brandon Ivey

ARTICLES

More QM ‘Patch’ Solutions Offered

Investors See Value in GSE-Eligible Non-Agency MBS

WAMCO Leads Crop of Expanded-Credit MBS

Expanded-Credit MBS Underwriting Standards Level in 2Q

Ginnie Mae to Allow Financing of Servicing Advances

SOFR Likely to Replace LIBOR in New ARMs

Good News for MSR Liquidity: Ginnie Mae Will Allow for Financing of Servicing Advances

Ginnie to Allow Financing of Servicing Advances

Push for LO Compensation Change Gets CFPB’s attention

CFPB Poised to Relax Certain LO Comp Rules

Latest Imf News

UWM Receives Equity Infusion From Oaktree, Suspends Dividend

Onity Swings to Loss in 2Q Amid Portfolio Restructuring

Zillow Aiming to Be One of the Largest Purchase-Mortgage Lenders

Pending Home Sales Decline in July With Rise in Interest Rates

Featured Data

Expanded-Credit MBS Issuance Declines in 2Q

Top Ginnie Servicers See Modest Growth in 2Q

Consumer Debt Drives New ABS to Record High in 2Q

Primary MI Volume, Characteristics Stable in Second Quarter

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?