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Home » Authors » Paul Muolo

Articles by Paul Muolo

Short Takes: GSE Reform, Yes. Passage? No / Galton’s Return to Nonprime / Citi’s Incredibly Shrinking MSR Portfolio / Legislative Reg Relief On the Way? / English Wants Expedited Review in CFPB Appeal

January 16, 2018
Brandon Ivey, Paul Muolo, and Thomas Ressler
GSE reform may emerge from the Senate Banking Committee, but as for final passage...
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Residential Production at Chase Fell 9.2 Percent in 4Q17; Servicing Revenue Nicked

January 15, 2018
Paul Muolo
Chase continues to grow the volume of residential whole loans kept on its balance sheet: $197.3 billion at yearend compared to $181.2 billion at the end of 2016.
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Wells Fargo Reports Lower Originations for 4Q17, Lower Mortgage Profits and Branch Closings

January 15, 2018
Paul Muolo
Thanks to the new bill signed by President Trump, Wells enjoyed a $3.35 billion after tax benefit. However, the company also recorded a $3.25 billion pre-tax expense tied to “litigation accruals for a variety of matters, including mortgage-related regulatory investigations..."
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New Chief of Staff at CFPB was Staff Director of the House Financial Services Committee

January 8, 2018
Paul Muolo
Kristen Sutton Mork will leave her post as staff director of the House Financial Services Committee to become chief of staff at the Consumer Financial Protection Bureau.
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Rep. Hensarling Announces that the CFPB has a New Chief of Staff: His Staff Director at the HFSC

January 6, 2018
Paul Muolo
Rep. Hensarling said Mork will assume her new role in the coming weeks.
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Situs Strikes Again in the Residential Space, Agrees to Buy MSR Broker MountainView

January 5, 2018
Paul Muolo
Back in May, the New York-based Situs bought The Collingwood Group, a Washington, DC-based consulting firm...
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What We're Hearing: And Now for a Word About Dow 25,000 / A 2 Percent FRM, Finally? / A Former Fannie Mae CEO and the U.S. Budget / Citadel CEO Perl Bullish on Non-QM / Hensarling Headed to Wall Street?

January 5, 2018
Paul Muolo
What's next for Jeb Hensarling? FHFA or Wall Street?
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For Sale: $3.5 Billion of Fannie Mae/Freddie Mac Servicing Rights

January 5, 2018
Paul Muolo
The first quarter could turn out to be a barn-burner for MSR sales…
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GOP Tax Bill Will Boost GSE Earnings by $3 Billion. However…

January 4, 2018
Paul Muolo
And now for the bad news: The lower corporate tax rate will force Fannie and Freddie to write down the value of their deferred tax assets by $15.3 billion…
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Incenter Out with Another MSR Offering, This One for $3 Billion

January 4, 2018
Paul Muolo
The delinquency rate on the MSR portfolio is 1.02 percent...
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