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Home » Authors » Paul Muolo

Articles by Paul Muolo

UWM Funds $4.6 Billion in 1Q, Expects 2Q to be Much Bigger

April 10, 2017
Paul Muolo
UWM is the nation’s largest table funder in the nation, followed by Caliber Home Loans and Stearns Lending, according to a full-year 2016 ranking from Inside Mortgage Finance…
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Short Takes: Ocwen’s $6 Million Man / 21 Board Meetings in One Year / GSE Reform on Track for Next Year? / Senate Meeting on GSE Reform / FirstKey’s SFR Deal

April 10, 2017
Paul Muolo
Cowen assigns a 65 percent probability to a GSE bill becoming law next year…
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Fannie Mae Controller and Principal Accounting Officer to Depart

April 7, 2017
Paul Muolo
Fink is expected to leave Fannie Mae in the second half of the year.
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What We’re Hearing: Ocwen and Walter, Two Peas in a Pod? / The Shorts Have Made Their Money and Moved On / Will loanDepot Ever Go Public? / Freddie Bullish on MF / When Fannie Mae Earned More Money than the Roman Empire

April 7, 2017
Paul Muolo
One GSE watcher called it, "The biggest company quarterly profit since the Roman Empire, adjusted for inflation of course.”
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Is a Sale an Option for the Struggling Walter/Ditech?

April 6, 2017
Paul Muolo
“Our ability to maintain or grow our servicing business may depend, in part, on our ability to acquire servicing rights from, and/or enter into subservicing contracts with, third parties,” the company said in an SEC filing.
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Short Takes: How High are the Regulations, Jamie? Six-Feet High and Rising / Do This and Loan Production Will Increase by $300 Billion / Not Liking Loan Brokers / Hensarling Not Showing the Love / Castle & Cooke Goes Consumer-Direct

April 6, 2017
Paul Muolo
As might be expected, Rep. Jeb Hensarling, R-TX, chairman of the House Financial Services Committee, did his best to pummel the CFPB and its Director Richard Cordray during a hearing Wednesday.
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Three Walter Board Members Give Notice, Annual Shareholders Meeting Looms

April 5, 2017
Paul Muolo
Employee turnover is becoming a trend at Walter. Two weeks ago, the company's chief legal officer Jonathan Pedersen resigned.
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Short Takes: Mortgage Interest Deduction Could be Neutered / Trump Getting Close on Pam Patenaude for HUD Deputy Post / DocMagic Posts Strong Growth / Chimera Busy with Seasoned MBS / Fannie Mae Official Leaves for Due Diligence Firm

April 5, 2017
Brandon Ivey and Paul Muolo
It appears the Trump White House is once again seriously considering Pam Patenaude to be the deputy HUD secretary...
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Flagstar Will Acquire ‘Certain’ Assets of $3-Billion-a-Year Lender Opes

April 4, 2017
Paul Muolo
With the purchase of Opes, Flagstar likely will move up two spots in the origination rankings to number 12, according to Inside Mortgage Finance.
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Fast-Growing Nonprime Lender Angel Oak Adds Four Executives, Aims to Double Sales Force

April 4, 2017
Paul Muolo
Angel Oak employs 52 wholesale account executives and hopes to add three to four additional ones a month.
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