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Home » Authors » Paul Muolo

Articles by Paul Muolo

For Sale by MountainView: $94 Million of NPLs/RPLs and More

August 16, 2017
Paul Muolo
Over the past three years MountainView has sold $3.8 billion of whole loans as measured by unpaid principal balance…
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Short Takes: HUD Deputy Nominee Waits on the Senate, Still / Refis Rising? / A Private Placement for Ellington / Ellie Goes After the Big Boys / A Share Price Estimate of Zero

August 16, 2017
Paul Muolo
Mortgage software provider Ellie Mae said in a recent SEC filing that “part” of its business strategy is to target larger mortgage lenders...
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LIBOR is Being Phased Out. A Big Deal or Ho-Hum?

August 15, 2017
Paul Muolo
Fannie Mae and Freddie Mac are well aware of the issue and have leeway to replace LIBOR with another benchmark when the time comes, industry officials said.
Read More

Firm Whose Affiliate Sued FMC Becomes ‘Capital Partner’ to Silicon Valley Lender

August 15, 2017
Paul Muolo
Little is known about Eli Global, which bills itself as a “privately held investment firm” with 5,500 locations in 20 locations globally…
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Short Takes: What REITs and Fannie & Freddie Have in Common / Replacing One Burden with Another / Who is Western Bancorp? / PHH’s Warehouse Providers / A New Hire for LenderLive

August 15, 2017
Paul Muolo
A higher dividend than what Fannie and Freddie pay?
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KBW Weighs in on GSE Earnings, PSPA Lawsuits, Says Stocks are Worth $1 Each

August 14, 2017
Paul Muolo
Although Fannie and Freddie continue to earn money hand over fist, their common shares are probably worth just $1 a piece, according to a new research report…
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Short Takes: More Disclosures from Walter / KBW on Ocwen / You Need a Budget, Now / Supreme Wants to Hire 100 LOs / New Hires for Greystone

August 14, 2017
Paul Muolo
Industry consultant Joe Garrett, in a new company newsletter, says he’s still bothered that “so few mortgage companies” don’t have budgets.
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What We’re Hearing: 10 Years Already? / When was the First (Subprime) Shot Fired? / And No. Nine for Fannie & Freddie / The New Nonprime Kids on the Block / Watt Seeking Political Cover? / How About $500,000 for the MID?

August 11, 2017
Paul Muolo
This year, nonprime production across the U.S. might top $3 billion to $4 billion at best. At its peak last decade, it was a $1 trillion a year business. That’s not a misprint…
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FHFA Chief Concerned about GSE Zero Capital Buffer, but Doesn’t Want to Promote ‘Recap and Release’

August 10, 2017
Paul Muolo
Watt, a former Congressman, wants Congress to reform the GSEs legislatively to solve their conservatorship status and find a path forward for the two enterprises.
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FHFA Chief Concerned about GSE Zero Capital Buffer, but Doesn’t Want to Promote ‘Recap and Release’

August 10, 2017
Paul Muolo
Some have suggested that Watt may act yet, but wants "political" cover...
Read More
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