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Home » Authors » Paul Muolo

Articles by Paul Muolo

Short Takes: Okay, Which Bank Will Exit the MSR Market Next? / The Trump Factor / The Fortress-New Rez Connection / Behind the Scenes at Nationstar / Arch Announces MI Manual Update

January 30, 2017
Paul Muolo
Fortress also owns roughly 70 percent of Nationstar Mortgage, a stake it has held for quite some time.
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Willie Newman’s Home Point Financial Agrees to Buy #41 Ranked Stonegate

January 27, 2017
Paul Muolo
In the past, Home Point has been a selective buyer of servicing rights and other companies...
Read More

What We’re Hearing: Still Here: CFPB Chief Cordray / Maybe the CFPB Needs to Hire Some LOs / Realty Firms Show Affection for Mortgage Lending / Less RESPA Enforcement? / Warburg Makes a Mortgage Investment / HUD IG Issues a ‘Recall’

January 27, 2017
Paul Muolo
Maybe the CFPB should hire some loan officers who have actually closed a mortgage...
Read More

With Production Volume Strong, Nonprime Wholesalers AOMS and Citadel in a Hiring Mode

January 26, 2017
Paul Muolo
The Citadel CEO noted that his shop is receiving many unsolicited resumes from mortgage workers employed at conventional shops, a sign that some firms are about to cut staff.
Read More

Radian’s Profit Falls by 26 Percent, Management Says NIW will be Flat in 2017

January 26, 2017
Paul Muolo
Total revenues at Clayton, its mortgage and real estate services division, increased by 10 percent to $52.6 million.
Read More

Short Takes: Citadel Working on Non-QM Securitization / NewLeaf Expands ‘Specialty’ Menu / CoreLogic Executive Departs / Two Mortgage Workers Shot ‘Execution Style’ / Kudos to BofA on its Origination Performance

January 26, 2017
Brandon Ivey and Paul Muolo
According to one media report, two men were shot execution-style inside a mortgage business on Staten Island Tuesday night...
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Walter Investment Shakes Up its Board. ‘Turnaround’ Specialist Named

January 25, 2017
Paul Muolo
Keefe, Bruyette & Woods has an “underperform” rating on Walter’s stock…
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Fannie Mae Lends its Support to Nation’s Largest SFR Operator with a $1 Billion Commitment

January 25, 2017
Paul Muolo
Through the first nine months of 2016 – which represents the latest available data – Invitation Homes posted a net loss of $51.6 million, compared to a $121.7 million loss in the same period a year earlier.
Read More

Short Takes: loanDepot in a Hiring Mode / Some Name Change Tweaks / Movement Mortgage Hiring as Well / Give us Back Our FHA MIP Cut / ServiceLink Fined by Feds

January 25, 2017
Paul Muolo
In a poll conducted by Inside Mortgage Finance, just 14 percent of respondents said they were against a cut in FHA premiums.
Read More

Flagstar’s 4Q16 Results: Residential Production Drops, MSRs are Marked Up

January 24, 2017
Paul Muolo
So far, the industry average on MSR markups for 4Q has been roughly 29 percent, according to a recent tally from Compass Point...
Read More
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