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Home » Authors » Paul Muolo

Articles by Paul Muolo

Short Takes: Those Ginnie Warnings on VA IRRRLs Apparently Worked / The Trump GSE Plan, Going Nowhere? / NJ Lender Launches Call Center in SC / Churchill in a Hiring Mode / Walker & Dunlop Hires Capital Markets Executive

July 9, 2018
Carisa Chappell and Paul Muolo
Although loan production is down this year, that isn’t stopping some lenders from moving forward with expansion plans.
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Short Takes: Making Sense of the BLS Mortgage Employment Numbers / Fewer Construction Workers Means… / Budget Scoring and the GSEs. Meaning? / Hey, Maybe Amazon Should buy Impac (CashCall)

July 6, 2018
Paul Muolo
So, what’s the big deal? Under FCRA, Fannie and Freddie would add $23.5 billion in revenue to Uncle Sam’s coffers for 2019...
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Street Firms Inch Their Way Back into the Nonprime (Non-QM) Market

July 5, 2018
Paul Muolo
A handful of Street firms are now actively making repo lines in the sector…
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Amid Talk of Industry Layoffs, United Wholesale is Hiring

July 5, 2018
Paul Muolo
According to figures compiled by Inside Mortgage Finance, UWM ranks ninth overall among all lenders, and is poised to move up in the rankings...
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MBA: Mortgage Applications Post a Slight Decline

July 5, 2018
Paul Muolo
Brace yourself, new mortgage employment figures will be released Friday morning…
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Short Takes: Megabank Bidding on VA IRRRLs / HUD Didn’t Fix the Mess / Blame the Dodd-Frank Reform Act / Applies to REMICs Only / JPM Remains the FHLB Advance King

July 5, 2018
Carisa Chappell and Paul Muolo
Needless to say, the VA IRRRL issue is complicated...
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LenderLive Pondering a Sale? Or Something Else?

July 5, 2018
Paul Muolo
In July 2017, the vendor named Rob Clements chairman and CEO and John Surface president and chief operating officer. Both came over from EverBank Financial…
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Fannie Mae Servicer Seterus the Foreclosure King of California?

July 5, 2018
Paul Muolo
Seterus is owned by IBM, but the vendor doesn’t even mention the ownership link to ‘Big Blue’ in the “About Us” section of its website…
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Short Takes: An MSR-Only Sale for Ditech? / Layoffs at The Money Source / Fannie and Freddie Trim Subprime Holdings / A Capital Raise for Redwood / New Rez Closes on Shellpoint Deal

July 3, 2018
Brandon Ivey and Paul Muolo
TMS called it a “realignment,” explaining the cuts are part of a plan to “fuel fintech growth.”
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Ten Years After the Housing Crisis, Wells Still No. 1 in Mortgages. However…

July 2, 2018
Paul Muolo
But the most telling sign of how the banking industry has lost its grip on home lending rests in the number of depositories that rank among the top 20…
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