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Home » Authors » Paul Muolo

Articles by Paul Muolo

What We’re Hearing: Treasury Mulls Plans for Fannie and Freddie / $200 Billion Should Do It / GSE Hearing Nixed / Milken Ramps Up Its Involvement / How Low Might the 10-Year Fall / Warren Likes Real Estate and Gets a Mortgage Company Too

September 8, 2017
Paul Muolo
In case you’re wondering the concept of GSE “recap and release” is not under consideration...
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Wells Fargo’s Acquisition of Seneca Mortgage – a Fluke or Something Else?

September 7, 2017
Paul Muolo
In late August, a notice appeared on the website of the Federal Trade Commission under the banner of the agency’s “pre-merger notification program,” identifying Wells as the winning bidder…
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ICBA Says Government Seizure of Fannie and Freddie was ‘Questionable at Best’

September 7, 2017
Paul Muolo
ICBA’s comment marks the first time that a major industry trade group has questioned putting Fannie and Freddie into conservatorship…
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Short Takes: Wells Fargo and UWM Weigh In on Hurricane Irma / Non-Agency MBS Not Impacted by Harvey / Clayton Rolls out ‘Readiness Solution’ for Nonprime / A Promotion at LendingTree

September 7, 2017
Brandon Ivey and Paul Muolo
Meanwhile, United Wholesale Mortgage CEO Mat Ishbia said the nation’s largest wholesaler is not cancelling any closings because of Irma, at least not yet...
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Nine Years Ago, Fannie and Freddie Were Taken Over. Treasury is Now $82.3 Billion Richer

September 6, 2017
Paul Muolo
Investors Unite speaks for GSE shareholders – except senior preferred holders (the Treasury Department)…
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Short Takes: Loan Closings Cancelled in Parts of FL as Hurricane Approaches / A Rarity: Podium Readies Jumbo MBS Backed by Reverses / Applications and Refis on the Rise / Freddie Exec Takes CIO Job with Subservicer Cenlar

September 6, 2017
Brandon Ivey, Paul Muolo, and Sherry Muolo
As another hurricane approaches the U.S. more loan closings are cancelled...
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Short Takes: Trump Tax Cuts Could Damage High-End Market / Almost 60 Groups Fight for Vote on Patenaude / The Signors / Hurricane Damage Update / A New Hire for Mortgage Network

September 5, 2017
Paul Muolo and Thomas Ressler
Groups signing the Patenaude letter include the Center for Responsible Lending, Community Mortgage Lenders of America, NAACP, NAR and many others…
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Mortgage Employment Begins to Lag, Brokers Cut Jobs

September 1, 2017
Paul Muolo
Brian Benjamin, who runs Two River Mortgage & Investment in Red Bank, NJ, noted that if brokerage shops are laying off, “it’s support staff.”
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What We’re Hearing: A $1 Billion Capital Buffer for the GSEs? / What Would the Minimum Be? / Government Assistance for Ginnie Issuers / A Status Report from Cornerstone Mortgage in Houston / Richard Cordray: Still There

September 1, 2017
Paul Muolo
CFPB's Cordray clerked for both Robert Bork and Anthony Kennedy...
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While Nonbank Mortgage Stocks (Walter, Ocwen) Tank, ‘mREITs’ Excel

August 31, 2017
Paul Muolo
Several top-ranked REITs are now trading much closer to their 52-week highs than their lows while maintaining hefty dividend payments to their shareholders.
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