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Home » Authors » Paul Muolo

Articles by Paul Muolo

Short Takes: Rising Rates, Rising Ramifications / Time to Start Dumping Low-Producing LOs? / If Only Sean Hannity Had Bought Earlier! / Dave Spector, the $6 Million Man

April 23, 2018
Paul Muolo
If only Sean Hannity had bought earlier...
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Stars May be Aligned for Strong Profits at Fannie and Freddie

April 23, 2018
Paul Muolo
Both GSEs likely will be “winners” when it comes to hedging their derivative positions simply because interest rates were higher at March 31 compared to yearend.
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A Lesson Learned from MB Financial: Go Big or Go Home?

April 20, 2018
Paul Muolo
Tim Anderson of DocMagic: “You either get bigger or head for the exits.”
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What We’re Hearing: A Kinder, Gentler (and Smarter) Nonprime Industry? / Varde Raises $750 Million / Don’t Layer That Risk / When the Worm Turns… / At Ocwen, Former Government Officials Bring Home the Bacon / NSM Gets a New COO

April 20, 2018
Paul Muolo
The highest paid Ocwen director last year was Phyllis Caldwell, who took home $372,649. Caldwell is a former Treasury Department official.
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Surprise: Ron Faris to Retire from Ocwen; Former PHH CEO Messina Named His Successor

April 19, 2018
Paul Muolo
Faris is a 27-year veteran of Ocwen, a publicly traded nonbank launched several decades ago by former GE Capital executive Bill Erbey.
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Ditech Taps Bear Stearns/GMAC Veteran Thomas Marano as New CEO

April 19, 2018
Paul Muolo
Marano is no stranger to troubled financial service companies. Until 2008, he was a top executive at Bear Stearns...
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Phoenix Selling a Large Bulk MSR Portfolio. Bid Deadline: May 1

April 19, 2018
Paul Muolo
All of the receivables were originated through the retail channel…
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Short Takes: Tom Marano, Ditech’s $5 Million Man? / Ripe for a Major Disruption: The Subservicing Market? / Good News: Applications Rise / Rep. Waters Introduces FHA Bill / Ditech Gets a New COO

April 19, 2018
George Brooks and Paul Muolo
There are some in the industry who believe the entire subservicing sector is far behind in technology and customer service – and is ripe for a technology disruption of a major kind.
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Strong 1Q Earnings for MGIC, but NIW Declines; Freddie’s IMAGIN Pilot Gets a Mention…

April 18, 2018
Paul Muolo
In 1Q18, MGIC wrote $10.6 billion of new MI policies compared to $12.8 billion in 4Q17 and $9.3 billion in the first quarter of last year.
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MBA Casts the Net Far and Wide for New Chief. Jeb Hensarling?

April 18, 2018
Paul Muolo
The way things stand today, those finalists include at least two industry veterans…
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