With Kittle Backing Away from Top Ginnie Job, Michael Bright May be Trump’s Pick November 29, 2017 Paul Muolo “Basically, David [Kittle] came to the conclusion that it just wasn’t worth the wait,” said one industry lobbyist...Read More
Mortgage M&A Activity Increases, but Major Deals are Elusive November 28, 2017 Paul Muolo Last year, Mortgage Banking Solutions brokered five deals. This year, the firm hopes to complete four and maybe five…Read More
MBA Sounds Warning on GOP Tax Plan, Says MSR Values Will Get Hammered. ‘Financial Soundness’ Impacted As Well November 28, 2017 Paul Muolo Deal makers that buy and sell MSR assets said the Senate tax language could transform the mortgage business, creating leverage for aggregators...Read More
Short Takes: Day 2, Mulvaney is Still in Charge / Waiting on Judge Kelly to Decide / Look for an Appeal / Raj Date Resurfaces, Sort of / Soros Fund Joins MBA November 28, 2017 Paul Muolo and Thomas Ressler Depending on the judge’s decision, the losing party will appeal…Read More
Judge Makes it Official: Mulvaney is the Acting Director of the CFPB; Will English Appeal? November 28, 2017 Paul Muolo Some legal observers believe if Trump had acted first and not hesitated in picking Mulvaney, English would never have been named by Cordray and this whole mini-crisis avoided.Read More
Wells Fargo has its Executives on a Short Leash November 27, 2017 Paul Muolo When Codel was let go he forfeited restricted stock options…Read More
New CFPB Acting Director Mulvaney Tells Staff He’s in Charge November 27, 2017 Paul Muolo and Thomas Ressler OMB Director Mick Mulvaney arrived on G Street Monday morning, carrying a brown shopping bag and declaring he was the acting director of the CFPB…Read More
Short Takes: Don’t Ask Us, Try OMB / English has OMB Roots / Radian Sells Clayton Unit / Subprime Standards Tighten / Guild Expands into North Dakota November 27, 2017 Brandon Ivey, Paul Muolo, and Thomas Ressler Guild Mortgage, San Diego, has expanded its presence in the Midwest...Read More
New (Acting) CFPB Director Mulvaney: We Will Run This Agency Differently Than the Previous Administration November 27, 2017 Paul Muolo and Thomas Ressler Meet the CFPB's new boss – he's nothing like the old boss...Read More
Two Acting Directors Named. Who’s in Charge at the CFPB? November 26, 2017 Paul Muolo The White House, though, expects English to show up for work Monday morning as deputy director – and not acting director.Read More
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