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Home » Authors » Paul Muolo

Articles by Paul Muolo

PHH Closes on Freddie Mac MSR Sale, Amends Contract

June 19, 2017
Paul Muolo
The Fannie Mae portion of the MSR sale is expected to close sometime in the third quarter.
Read More

Short Takes: loanDepot Beefs Up Social Media Research / Fairholme Attorney on the Phone / Stated-Income Loan from Silver Hill / What Cowen Expects / Premium Title Grows Sales Team

June 19, 2017
Carisa Chappell and Paul Muolo
Fairholme is scheduled to talk about its investment in Fannie Mae and Freddie Mac...
Read More

Meanwhile, Ginnie Mae is Still Without a Permanent President

June 16, 2017
George Brooks and Paul Muolo
Former Ginnie Mae president Ted Tozer stressed the importance of getting the post filled as soon as possible. “The way things are going, by yearend Ginnie will have $2 trillion of guarantees on its books,” he said.
Read More

What We’re Hearing: What’s Movement’s Owner Going to Do with a Bank? / A Portfolio? / Just Don’t Pull a Countrywide / Bruce Berkowitz Plans to Ride it Out / Castle & Cooke, Mid America and PRMG All in a Hiring Mode

June 16, 2017
Paul Muolo
The betting is that Bruce Berkowitz and Fairholme plan to ride out their GSE investment to the very end.
Read More

The Collingwood Group Ready to Make ‘Key’ Government Hires, But Who?

June 15, 2017
Paul Muolo
Unfortunately, Rood said he’s not at liberty to name names or agencies...
Read More

Nonbanks Contemplate Raising Debt. But Can They?

June 15, 2017
Paul Muolo
Two years ago, Quicken Loans sold $1.25 billion worth of corporate bonds at a yield of 5.75 percent for 10 years.
Read More

Phoenix Selling Bulk Fannie Mae Servicing Rights

June 15, 2017
Paul Muolo
Bids are due June 27. Delinquencies total just 0.3 percent of the entire package.
Read More

Short Takes: Atlanta Nonbank Gets its Ginnie Mae Eagle / FSR Top Heavy in Former FHFA Officials / MAXEX Wants to be a Player in Jumbos / Hunt Mortgage Hires PennyMac Official

June 15, 2017
Brandon Ivey and Paul Muolo
It certainly seems like the Financial Services Roundtable wants to be a key player in GSE reform...
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A Strong (but Balanced) Market for MSR Sales

June 14, 2017
Paul Muolo
The Ginnie MSR market has been in the tank the past two years, but has revived somewhat this spring…
Read More

In Wake of Accounting Problems, Walter/Ditech Discloses ‘Waivers’ From Warehouse Lenders

June 14, 2017
Paul Muolo
Walter’s warehouse providers include Wells Fargo and Credit Suisse, among others.
Read More
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