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Home » Authors » Paul Muolo

Articles by Paul Muolo

Short Takes: Ginnie Mae and the ‘Churning Nine,’ An Update / In the Ginnie Penalty Box? / Stone Point Buys Due Diligence Provider AMC / Synergy One Hires New Production Chief

April 5, 2018
George Brooks and Paul Muolo
Stone Point Capital has acquired a controlling stake in due diligence provider American Mortgage Consultants.
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M&A Market Heats Up: Finance of America Buys Skyline’s ‘Assets’

April 4, 2018
Paul Muolo
Finance of America ranked 22nd among all originators in 2017...
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Short Takes: Bill Ashmore Working on a Non-QM Startup? / The Mood in New Jersey / The White House Role in Relaxing Standards? / How to Aid in the Construction of Housing / Wells Promotes Hilzendeger to New Mortgage Post

April 4, 2018
Paul Muolo
If President Trump – a builder by trade – truly wants to help the housing market by adding inventory he could order the federal government to sell some of its massive holdings of land to builders at dirt cheap prices...
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Ginnie Contemplates Grading System for Issuer/Servicers

April 3, 2018
Paul Muolo
Such firms would then be eligible for what he called “concierge services” from the agency.
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Short Takes: No Word from the White House / Thinking About Risk, Daily/ Cash-out Refis on the Rise / Annaly’s Unique MBS / Ellington CFO Lisa Mumford Retires

April 3, 2018
Brandon Ivey and Paul Muolo
A subsidiary of Annaly Capital Management plans to issue a non-agency mortgage-backed security with a mix of seasoned mortgages...
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In CFPB Semi-Annual Report to Congress, Acting Director Mulvaney Lays Out His Plan to Radically Reshape the Agency

April 2, 2018
Paul Muolo
In his preamble to the Congressional report, Mulvaney sums it up best, saying "many” members of Congress “disagree with my actions as Acting Director…”
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First Quarter was a Challenge, but MSR Markups Helped

April 2, 2018
Paul Muolo
The trick, though, is to convert that higher MSR value into cash…
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Apathy Setting in on GSE Legislation. Industry Focus Shifts to Reg Reform

April 2, 2018
Paul Muolo
Cowen & Co. recently updated its forecast on GSE reform passing this year, slashing the odds to just 10 percent.
Read More

KBW: Servicing Values Up 7 to 15 percent YTD

April 2, 2018
Paul Muolo
A Ginnie Mae crackdown on “loan churning” is helping MSR values in that sector as well…
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Short Takes: 1Q18 was a Mixed Bag / Selected Reports of Strong Growth / MIAC was Busy with MSR Auctions / Here Come the Proxies / Waiting on the BLS

April 2, 2018
Paul Muolo
Meanwhile, the servicing sector appears to be picking up a head of steam...
Read More
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