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Home » Authors » Paul Muolo

Articles by Paul Muolo

MountainView Selling $6B-Plus of Bulk Servicing Rights

April 10, 2018
Paul Muolo
The bulk portfolio has ultra-low delinquencies…
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Short Takes: Morgan Stanley Dumps PHH Shares / Wells Fargo Doing Just Fine / What did the Megabank Do Wrong This Time? / Out of Character for Mulvaney? / Wells is Not Running a Charity / A Vote Against Being Socially Responsible / Envoy Sells TPO Unit to

April 10, 2018
Paul Muolo
In a nut shell, Wells argues it’s not running a charity (but of course) and that executive compensation is “designed to pay for performance and encourage long-term shareholder value.”
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MBS Trading Volume on the Rise in Early 2018

April 9, 2018
Paul Muolo
Demand for agency product remains strong, but the investor base is beginning to shift somewhat, said MBS Highway Principal Barry Habib...
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As Chatter About LO ‘Signing Bonuses’ Increases, Mortgage Employment Rises

April 9, 2018
Paul Muolo
Consultant Rick Roque: “There are many ways to structure a ‘transition’ bonus, and most bonuses are only partially paid up front with the rest based on closings over a period of time.”
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Phoenix Capital Selling Fannie/Freddie/Ginnie Bulk MSRs

April 9, 2018
Paul Muolo
The conventional portion is top heavy with New York loans…
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Short Takes: A Million Complaints, Already? / About the CFPB’s Workforce / Good News for Fannie and Freddie / Former Capital One Exec Launches Mortgage-Oriented Fintech Lender / A Surge in Non-Agency MBS Deals this Week

April 9, 2018
Brandon Ivey and Paul Muolo
The lender has backing from Bessemer Venture Partners, Two Sigma Ventures and unidentified banks…
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MorVest Selling Almost $2 Billion of Fannie/Freddie Servicing Rights

April 6, 2018
Paul Muolo
MorVest CEO David Fleig said publicly announced bulk auctions have been scarce of late, but he expects that to change…
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Acting Ginnie Mae Chief Michael Bright Worries about Liquidity, Big Time

April 6, 2018
Paul Muolo
Acting Ginnie Mae President Michael Bright said some of the concerns regarding nonbanks raised in a recent Brookings Institute white paper are valid…
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What We’re Hearing: Show Us the Money / A $1 Million Signing Bonus for an LO? / A Conservative, but Liberal on Pay Raises / Hensarling’s Next Job Won’t Be… / When the Chinese Worry About Prepayments / The Return of Jon Daurio?

April 6, 2018
Paul Muolo
One word for crazy signing bonuses paid to LOs: stupid...
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As Pershing Square’s GSE ‘Bet’ Craters, Reports Surface that Investors are Pulling Money Out

April 5, 2018
Paul Muolo
Pershing Square owns roughly 9.9 percent of Fannie/Freddie common…
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