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Home » Authors » Paul Muolo

Articles by Paul Muolo

Short Takes: Ocwen Sale Could Spell Trouble for Indian Workers / Tepid Mortgage Results for Ally / From GMAC to Ocwen to Nationstar / 3Q Results from Radian, Altisource / No Thanks, Mr. Mnuchin

October 26, 2017
Carisa Chappell and Paul Muolo
Some history: When GMAC imploded earlier in the decade, some of its GSE servicing rights were sold to Ocwen. Ocwen eventually sold those contracts to Nationstar.
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Social Finance (SoFi) is in Play; JPMorgan Chase the Banker

October 25, 2017
Paul Muolo
What’s SoFi worth? The market may soon find out…
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Short Takes: MBA CEO Dave Stevens Announces Retirement / The Search for a Successor Begins Now / MBA Bullish on Purchase Lending, Refis Not So Much / All Hail Peyton / President Bolts PrimeLending for Nonbank

October 25, 2017
Brandon Ivey and Paul Muolo
Who will replace Dave Stevens at MBA? The speculation has already begun...
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Flagstar Increased Residential Production by 4.5 Percent in 3Q17

October 24, 2017
Paul Muolo
Flagstar’s origination business was aided, in part, by its acquisition earlier this year of Opes Advisors...
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Nonbanks Mostly on the Sidelines in the HEL Market

October 24, 2017
Paul Muolo
It was thought that Quicken Loans, the nation’s largest nonbank funder, might follow loanDepot’s lead and enter the arena, but so far no...
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Short Takes: ‘Zero Capital’ Gets Zero Mention by FHFA Director Watt / Fannie CEO None-Too-Thrilled with ‘Colonial Style’ / Flagstar Cites Sweet Profits from Homebuilder Finance / No Housing Bubble, Says Arch / Capstead Gets a New CFO

October 24, 2017
Brandon Ivey and Paul Muolo
Homebuilder finance is booming at Flagstar Bancorp...
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Walter Unveils Plan for ‘Prepackaged’ Chapter 11 Bankruptcy

October 23, 2017
Paul Muolo
Although Walter will file for bankruptcy, Ditech Financial LLC and Reverse Mortgage Solutions will not...
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Incenter, Phoenix Hit the Market with Bulk MSR Offerings

October 23, 2017
Paul Muolo
According to the offering circular, delinquencies on the Ginnie Mae package total 8.19 percent...
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Want GSE Reform? The Senate Better Get Moving – And Soon

October 23, 2017
Paul Muolo
Cowen: “We continue to believe the Senate Banking Committee must release a legislative plan in 2017 for Fannie and Freddie if it is to be enacted in the 115th Congress.”
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Short Takes: MBA’s Stevens to the Troops: You’re Living Under a False Sense of Security / Trump’s Nominee to Head the FHFA? / How Basel Treats Servicing Assets / Executive Bolts PNC Bank for NewDay

October 23, 2017
Paul Muolo
MBA chief Dave Stevens: “What happens if the president nominates a new [FHFA] director who thinks the government role in mortgage finance is too large and wants to scale it back?"
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