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Home » Authors » Paul Muolo

Articles by Paul Muolo

Marketplace Lender SoFi Files for Bank Charter. Is an IPO in the Wings?

June 14, 2017
Paul Muolo
Last year, SoFi received approval to become a Fannie Mae seller/servicer.
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Short Takes: Lending to Real Estate Agents? / An Industrial Bank Charter / SoFi’s Purchase of Zenbanx / Apps Rise / C&C Moves Into Reno

June 14, 2017
Paul Muolo
And a business plan is born: lending money to real estate agents...
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Trump-Mandated Report on Regulatory Reform has Treasury Blaming Dodd-Frank for Tight Mortgage Credit

June 13, 2017
Paul Muolo
The Treasury Department says it’s possible that originations are being stifled by caps on points and fees charged to borrowers.
Read More

No Mortgage/GSE Reform This Year, Maybe No Bill Either

June 13, 2017
Paul Muolo
Last month, Federal Housing Finance Agency Director Mel Watt said he’s prepared to allow Fannie and Freddie to build some type of capital buffer to avoid a Treasury draw…
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Short Takes: Why Treasury Dislikes the CFPB (More) / CID Abuses Alleged / Democrats Strike Back / Fannie Mae About to Lose its General Counsel / A New Hire for Opes

June 13, 2017
Paul Muolo
Looks like Fannie Mae's general counsel is headed to the U.S. Treasury...
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Short Takes: Quicken Still Hiring, Especially in Tech / A Large NPL Sale for Fannie Mae / CALCAP’s Milestone / Colony Buys More SFR Units / Correction

June 11, 2017
Paul Muolo
The broker price opinions on the Fannie Mae NPL pools ranged from 81.03 percent to 88.02 percent…
Read More

Mortgage Bankers and Brokers Careful About Hiring These Days, Except…

June 9, 2017
Paul Muolo
PRMG Mortgage of California is looking to grow its wholesale and correspondent channels and is presently searching for new account executives and support staff…
Read More

Who Says Realty Firms Shouldn’t Own MBs? Howard Hanna Buys Loan Brokerage Firms

June 9, 2017
Paul Muolo
Over the past five years, realty firms and lenders have been careful about joint ventures and other ownership ties…
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What We’re Hearing: Keep an Eye on Rates, Really / The Black Swan Event Will Be… / GSE Investors Unite? / Hoping Mnuchin Will Deal? / Top Lenders Don’t Even Use Overlays / PNC Exec Bolts for LoanCare

June 9, 2017
Paul Muolo
At the very least, these investors want a legal settlement with the Treasury Department over their “takings” claims. But will Treasury Secretary Steven Mnuchin deal?
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The Mortgage CEO Turnstile is Spinning a Little Faster These Days

June 8, 2017
Paul Muolo
At PennyMac, Stan Kurland’s departure is tied to succession planning of a lender/servicer that has produced solid profits the past few years...
Read More
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