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Home » Authors » Paul Muolo

Articles by Paul Muolo

Short Takes: Did Wells Dodge a Bullet on its CFPB Fine? / A ‘Recommendation Memorandum’ / No Effect on Wells’ Mortgage Business / Subject the CFPB to Appropriations / Stearns Goes ‘Digital’

September 20, 2017
Brandon Ivey, Paul Muolo, and Thomas Ressler
Wells Fargo could have been subject to a whopping $10 billion fine...
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Mortgage M&A Chatter Continues. Medium-Sized Shops Are Targets

September 19, 2017
Paul Muolo
Rick Roque, who runs Menlo, an M&A advisory firm, said he knows several owners who are contemplating a sale…
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New Poll: Industry Says Let Congress Fix the GSEs

September 19, 2017
Paul Muolo
Congress is not expected to produce workable GSE legislation until next year and even then, other issues – tax reform, another run at fixing “Obamacare,” for example – could kick the can down the road.
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Short Takes: About Those GSE Dividend Payments… / The Man Wants to be Paid / Record Attendance at ABS East / LendingTree Buys Snap Capital / Webster Gets a New President

September 19, 2017
Brandon Ivey and Paul Muolo
In other words, the FHFA will once again order the dividends to be paid to Treasury. Right?
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Prestwick Selling $1.8 Billion Bulk Fannie/Ginnie MSR Portfolio

September 18, 2017
Paul Muolo
The Fannie balance of the pool accounts for $1.33 billion of the receivables.
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Short Takes: MBA Wants a Change in HUD Reinspection Policies / Having an FHA Commissioner Might Help / Montgomery Resigns from Radian Board / DBRS Updates Due Diligence Criteria / A New Hire for Mortgage Network

September 18, 2017
George Brooks, Brandon Ivey, and Paul Muolo
The FHA nominee had been a Radian director since 2012…
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Interest in Mortgage Tech Heats Up

September 14, 2017
Paul Muolo
Blend announced a stunner – it had raised $100 million in “Series D” funding…
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Treasury Taking Meetings on GSE Issues, Including Zero Capital and Multiple Guarantors

September 14, 2017
Paul Muolo
Rob Zimmer, a former Freddie Mac executive: “Republicans run this town, obviously, and there is no way they want to be identified as the party of taxpayer bailouts for large financial institutions.”
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Short Takes: Patenaude Finally Gets Senate Approval to be the #2 at HUD / Acting Ginnie Chief Vows Progress on VA Refi Abuses / Radian Readies Huge Note Sale / A New Hire for eOriginal

September 14, 2017
Paul Muolo
Radian inked a deal with Wall Street underwriters this week to sell $450 million of senior notes due in 2024...
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Senior Democrats on Senate Banking Committee Implore Treasury, FHFA to Allow GSEs to Build Capital

September 14, 2017
Paul Muolo
The correspondence, which includes the signature of ranking minority member Sherrod Brown, D-OH, notes: “We are simply requesting that the GSEs be permitted to build capital...."
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