Brandon Ivey

Short Takes: Hey, Hands Off of GSE Multifamily / What Ed DeMarco Wanted To Do / Cuts at Stearns? / More Non-QM Lenders Target Self-Employed Borrowers / New Hires at Promontory MortgagePath

June 6, 2018

Over the years it seems as though commercial banks have basically ceded the multifamily market to nonbanks that use the GSEs as their secondary market takeout…

Guaranteed Rate Plots Growth with ‘Aggressive’ Recruiting of Underwriters, Processors

June 5, 2018

Brandon Ivey

GR is aggressively recruiting mortgage processors, underwriters and secondary analysts...

HMDA: Purchase Share of Jumbos Increased in 2017

June 4, 2018

Brandon Ivey

Meanwhile, Guaranteed Rate, Flagstar and HomeBridge Financial more than doubled their jumbo lending in 2017...

Short Takes: Will the GSEs and MIs Gain? / A New Call to Cut FHA Premiums / Reverse Market Turns Rosy? / Ellie Mae’s CFO Departs / Where Were You When the Secondary Market Shivered? / A New Hire for MGIC

June 4, 2018

Paul Muolo and Brandon Ivey

Will the new FHA chief cut premiums and end the “life of the loan” premium policy?

The Mortgage Industry Ponders: How to Finance ‘Gig Economy’ Borrowers

May 31, 2018

Brandon Ivey

Seventy-one percent of lenders said borrowers with gig-economy income have applied for a mortgage within the past year...

Cherry Hill REIT Raising Nearly $50 Million, Prompting Speculation on Expansion

May 31, 2018

Brandon Ivey

The REIT was vague when describing what the cash will be used for, sticking to the standard line about using the proceeds for “general corporate purposes.”