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Home » Authors » Paul Muolo

Articles by Paul Muolo

IMF Poll: Lenders Will Liberalize Underwriting Standards – but Not by Much

March 21, 2017
Paul Muolo
Some 14 percent of respondents said they might begin making non-qualified mortgages over the coming months.
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Short Takes: Coming Soon: Falling Interest Rates? / Walter Gets Smacked Down Again / Embrace Sends its Top LOs to Boca / CoreLogic’s $5 Million Man (Rounded) / A New Hire for Silver Hill

March 21, 2017
Paul Muolo
All totaled, the new CoreLogic chief could earn almost $5 million...
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Prestwick Selling $335 Million of Fannie Mae Servicing Rights

March 20, 2017
Paul Muolo
A small portion of the loans are characterized as non-owner occupied…
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Short Takes: Walter Retains M&A Advisor Houlihan Lokey / A Penny Stock / $902 Million of Losses / Rebranding for MountainView / Ocwen Shuffles its Board

March 20, 2017
Paul Muolo
Over the past three years, Walter Investment Management has lost a whopping $902 million...
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Nation’s Largest FHA Lender Quicken Scores Partial Victory in FHA-DOJ Case

March 9, 2017
Paul Muolo
Early on, after the lender was sued, Quicken even threatened to leave the FHA program but never did and instead has dominated the FHA “direct” lending market…
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Top Mortgage Compliance Attorneys Say Realtors are Now on the CFPB’s RESPA Radar Screen

March 9, 2017
Paul Muolo and Thomas Ressler
One loan officer told IMFnews: “Frankly, if you violate a provision of RESPA, you should be fined.”
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Short Takes: Practice Random Acts of Kindness at HUD and Cut the Budget / Moneymakers: FHA and Ginnie / IG Questions HUD Oversight of DPA / Stonegate Reports Profit, Books MSR Gains / Silver Hill Tweaks Loan Terms

March 9, 2017
Paul Muolo
Will HUD cut money from the FHA and Ginnie Mae programs?
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Still Anemic: Investor Interest in Ginnie Mae Servicing Rights (Flow Deals)

March 8, 2017
Paul Muolo
According to one advisor: “I do think a thaw is on, but if you threw it on the grill, it would still be pretty tough because it’s not fully defrosted.”
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Short Takes: What Higher Rates Might Mean / And the Refi King of Mortgage Banking is… / There’s Still a Disturbance in the (Mortgage) Force, Only Less So / Vertical Looking to Buy / Better Mortgage’s First Year

March 8, 2017
Paul Muolo
Fannie and Freddie are still worth less than social media darling Snap, but the gap is narrowing...
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How Much Longer Can Hedge Funds Hold on to their GSE Stock Wagers?

March 7, 2017
Paul Muolo
Fairholme extolled the GSE’s massive fourth quarter profits of almost $10 billion, and called them “indispensable” to the mortgage insurance industry…
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