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Home » Authors » Paul Muolo

Articles by Paul Muolo

MorVest Taking Bids on Freddie Mac Bulk MSR Portfolio

September 19, 2018
Paul Muolo
Dealmakers, including Mark Garland of MountainView Financial Solutions, expect a flurry of activity this fall.
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Short Takes: Freddie Talking to Potential MSR Borrowers / Fannie’s New HLTV Refi Option / Plenty of GSE-Eligible Loans in New JPM MBS / LendingTree’s $10k Prize / A New Director at Fannie Mae

September 19, 2018
Brandon Ivey and Paul Muolo
On Nov. 1, Fannie Mae will begin accepting applications for its new high loan-to-value ratio refinance product.
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Slightly Higher Warehouse Commitment Figures Mask Worries About Price Cutting, More…

September 18, 2018
Paul Muolo
One manager criticized number-two ranked warehouse provider Texas Capital for the discounts the bank is offering, calling it “the talk of the warehouse community.”
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For Sale: Fannie Mae Bulk MSR Portfolio, Average LTV: 59 Percent

September 18, 2018
Paul Muolo
Kentucky product dominates the portfolio at 98.9 percent. Ohio is a distant second…
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Wanted: Two Semi-Retired CEOs Who Can Run Fannie and Freddie

September 17, 2018
Paul Muolo
Then again, maybe needing a CEO is overblown. James Fenkner, a GSE shareholder, told Inside Mortgage Finance: “It is not that the CEOs are paid too little…”
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Parent of Church Street Mortgage Files to Go Public

September 17, 2018
Paul Muolo
If all goes well, the net proceeds will total $20.25 million.
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Short Takes: MBA’s Stevens Looks Back at the GSEs (Pre-Crisis) / A No-Bid Because of FM Watch Ties / What’s FM Watch? / Sharp Elbows? / TMS Buys Two MSR Packages, Is Hungry for More / PenFed Hires USAA Exec to Run Mortgages

September 17, 2018
Paul Muolo
It may be hard to fathom, but Fannie and Freddie once played with very sharp elbows…
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What We’re Hearing: Freddie Charter Creep? No, Just a Supplemental Service / Caliber Thinking About Going Public? / The Role Das Played in First Data’s Successful IPO / Dimon v. Trump – Bring it On! / Dimon, a Nervous Mess? / New Penn Rolls Out Piggyback

September 14, 2018
Paul Muolo
JPMorgan is the parent company of the nation’s second largest residential lender, Chase. Trump last decade started a small mortgage brokerage operation in Long Island and then killed it...
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Stearns Agrees to Buy Stake in $3.2 Billion Lender as Part of PPP Effort

September 13, 2018
Paul Muolo
The pending deal marks the second acquisition in Stearns’ new Preferred Partner Platform initiative…
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Short Takes: Late for an Anniversary / GSE Reform: A Solution Searching for a Problem / ClearEdge Lending Ramps Up / Warehousing the Non-QM Market / LendingTree Shareholders Not Smiling Right Now

September 13, 2018
Paul Muolo
Silvergate Bank is actively providing warehouse lines of credit to non-QM lenders and we understand that Comerica is now sticking its toe in the water…
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