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Home » Authors » Paul Muolo

Articles by Paul Muolo

What We’re Hearing: Goldman Sachs is Doing What? / A Wall Street Warm Up? / 10.75% Money for Freedom Mortgage / A Grade of B+ / The Green New Deal a More Important Issue than Calabria? / CoreLogic Executive Lands Top Post at Fannie Mae

March 22, 2019
Paul Muolo
In the Senate, the 'Green New Deal' is more important than Mark Calabria?
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It’s Official: Freddie Names Dave Brickman CEO, Succeeding Layton. As for His Salary…

March 21, 2019
Paul Muolo
Thanks to meddling by Congress, several top executives at the GSEs earn more than the CEO...
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Short Takes: The Supremes Rule on Foreclosures and the FDCPA / It’s Good to be King, Unless You’re the CEO of Freddie Mac / Angel Oak Bolsters Office Space Big Time / Tennessee Bank Looking for Non-QM Loans / Two New Directors for Fannie / Correction: Fre

March 21, 2019
Brandon Ivey and Paul Muolo
Based on Freddie’s annual profits, CEO Don Layton is probably one of the two most underpaid bosses in the world of finance. Soon that distinction will belong to David Brickman...
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JPM Pondering Non-QM Finance Opportunities?

March 20, 2019
Paul Muolo
“They’ve approached a few lenders,” he said, “and have some others to see.”
Read More

VA-Based Nonbank Scuttles Merger with Congressional Bank

March 20, 2019
Paul Muolo
Congressional has seven branches and $949.7 million in assets. It earns roughly $16 million a year.
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Short Takes: Getting the Industry’s Pulse on GSE Reform / Who Gets to Lead? / Why Phillips Didn’t Get the FHFA Job / The Battle for Risk / Selling Shares in Invitation Homes / Radian Names Dave Stevens to Its Board

March 20, 2019
Paul Muolo and George Brooks
Who knows more about GSE reform: the White House or Treasury? We get a sense the two parties don't see eye to eye on everything...
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After a Trying 1Q19, Industry Hopes for Better Days Ahead

March 19, 2019
Paul Muolo
After trying times in January and February, March was somewhat better and the much ballyhooed spring home buying season should bring some degree of relief.
Read More

Prestwick Offers Up Fannie Mae MSR Portfolio on Behalf of Michigan Bank

March 19, 2019
Paul Muolo
The servicing package has an average FICO score of 740 and delinquencies of 1.94%.
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Short Takes: Why the GSE Net Worth Sweep Won’t be Reversed / Recap and Release? / A Much-Watched Profit Reading / Starwood and Impac, a Symbiotic Relationship / Bank Failures, Anyone? / Reverse Lender Hires Sales Chief

March 19, 2019
Paul Muolo and Brandon Ivey
Each quarter, GSE profits reduce the federal budget deficit. If that cash is forfeited...
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Genworth Sale Continues to Drag On, Ninth Waiver Granted

March 18, 2019
Paul Muolo
The sale of Genworth was first announced in October, 2016…
Read More
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