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Home » Authors » Brandon Ivey

Brandon Ivey

bivey@imfpubs.com
Articles

ARTICLES

Kroll: Higher Capital Requirements Unnecessary for Nonbank Mortgage Firms

May 29, 2014
Brandon Ivey
State regulators note that their concerns about nonbanks relate to significant growth in recent months prompted in part by increased capital requirements for banks.
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Momentum Builds for Fannie Mae and Freddie Mac to be Preserved

May 29, 2014
Brandon Ivey
The Center for American Progress, the National Community Reinvestment Coalition and other groups want Fannie Mae and Freddie Mac to survive and are persuading several Democratic politicians to side with them. As for the GOP...
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Short Takes: A Large MSR Deal in Trouble? / New Residential Issues Alt A MBS / Construction-to-Perm Heats Up / CFPB Slaps Alabama’s Largest Realtor with $500K Fine / DiMaio Departs GMH Mortgage

May 29, 2014
Brandon Ivey and Paul Muolo
Construction-to-permanent loans are picking up a head of steam in certain markets. “Down here [in Florida] it’s extremely hot,” said Joe Adamaitis, vice president and residential lending manager for Insignia Bank.
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Those Incredibly Shrinking Subprime Servicing Balances

May 28, 2014
Brandon Ivey
Ocwen Financial, once again, ranked first among all subprime servicers with a portfolio balance of $105.78 billion at March 31, a decline of 31.7 percent over the past 12 months.
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The Mortgage Empire Strikes Back: Loans Gaining Over Cash Deals

May 22, 2014
Brandon Ivey
Some 69.9 percent of homes purchased in April were completed with non-cash financing, up from a 69.7 percent share the previous month.
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Residential Servicers Switch Tactics on Non-HAMP Mods

May 20, 2014
Brandon Ivey
Loan modifications that reduce principal and interest payments by at least 10 percent perform significantly better than other mods, according to the Office of the Comptroller of the Currency.
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New York’s Lawsky to Expand Investigation of Nonbank Servicers, Focusing on Affiliates

May 20, 2014
Brandon Ivey
New York regulator Benjamin Lawsky also questioned the efficiencies touted by nonbank mortgage servicers, countering that “technology alone does not keep a family in its home."
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Short Takes: East Coast-West Coast Mortgage Merger Afoot? / What, CitiMortgage Wants to Expand Its Presence in Mortgages? / A Sweet Deal for Ocwen’s New CFO / A Choice for Millennials: A House or a College Education

May 20, 2014
Brandon Ivey, Paul Muolo, and Thomas Ressler
Apparently, CitiMortgage wants to grow its presence in the origination market, including the correspondent channel where it has a slight pulse.
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CFPB Ready to Crack Down on Lenders for Facilitating ‘Occupancy Fraud’

May 19, 2014
Brandon Ivey
The Consumer Financial Protection Bureau is on the lookout for lenders that facilitate occupancy fraud as a way to avoid the agency's ability-to-repay rule.
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What Realtors Look for in a Mortgage Banker: Reliable Preapprovals

May 16, 2014
Brandon Ivey
The new survey of more than 2,000 real estate agents found that respondents recommend specific mortgage providers for 59 percent of their homebuyer transactions.
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View All Articles by Brandon Ivey

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