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Home » Authors » Paul Muolo

Articles by Paul Muolo

Short Takes: GSE Base Pay Ruminations / Bonus Money / Syracuse Securities Calls the Mortgage Business ‘Unforgiving’ / An MSR Milestone for TruStone / True GSE Reform: In Congress’ Court

September 5, 2019
Dennis Hollier and Paul Muolo

Syracuse Securities calls the mortgage business "unforgiving and highly competitive." That sounds about right...


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Ditech’s Investment Banker, a Candidate for GSE Advisory Work?

September 5, 2019
Paul Muolo

Currently, one of Houlihan Lokey's biggest mortgage-related assignments involves the liquidation of assets belonging to megaservicer Ditech Financial, which is operating under bankruptcy protection...


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Short Takes: GSE Recap May Get Support in Europe / Redwood to Issue Additional Shares of Common / On the Rise: Impac Common / Applications Off Again / MBA Announces CRE Hire

September 4, 2019
Paul Muolo

In case you haven’t noticed, the share price of non-QM lender Impac Mortgage Holdings is now at $6.52 compared to $4.47 a month ago, an improvement of 45.8%.


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Banks Keep Adding to Their Mortgage Positions – With Newly Originated Loans

September 4, 2019
Paul Muolo

Jumbo specialist First Republic Bank boosted its first-lien holdings by 21.8% on an annual basis…


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Big Questions Regarding Treasury’s GSE Plan: When Does the Sweep End? The 79.9% Stake?

September 4, 2019
Paul Muolo

One former Freddie Mac executive told IMFnews: “But the really big question is what Treasury plans to do with its 79.9% ownership stake.”


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Short Takes: When In Doubt, Go With the Third-Party Valuation / When IOs Suffer in Value / After the Refi Boom is Gone / Don’t Forget About Ginnie / GR Hires New VP

September 3, 2019
Paul Muolo

The big question: What happens when this refi boom ends? Is it too early to ask?


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In August, Ocwen Insiders Spent Almost $400K Buying the Company’s Stock

September 3, 2019
Paul Muolo

Company insiders are buying shares in the open market, a bullish sign...


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IO HECM Bonds at Center of Massive FHA Fraud Indictment

September 3, 2019
Paul Muolo

Charges also were filed against former Live Well executives Eric Rohr and Darren Stumberger who entered a guilty plea in the case late last week and are now cooperating with investigators.


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Short Takes: Waiting for Godot (and Treasury’s GSE Plan) / Underwhelming? / New Capital Requirements? When? / The Ups and Downs of Non-QM MBS Issuance

August 30, 2019
Paul Muolo and Brandon Ivey

Here’s what won’t be in the Treasury plan: The new Fannie/Freddie capital requirements, a document the Federal Housing Finance Agency is working on…


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FHFA Orders Base Pay Caps at Fannie and Freddie. Meaning?

August 30, 2019
Paul Muolo

Some industry observers wondered about the timing of the disclosures, given the imminent release of the Treasury Department’s GSE reform plan. One former Fannie executive told IMFnews: “There will be big shakeups at Fannie and Freddie if they cap all in comp at $600,000.”


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