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Home » Authors » Paul Muolo

Articles by Paul Muolo

Short Takes: More FHA Commissioner Candidates? / Others… / GSE ‘Chattel’ Lending, A Work in Progress / Mortgage Complaints Drop / Closing Corp. Hires Former Black Knight Official

December 14, 2016
Carisa Chappell and Paul Muolo
At least four names have surfaced for the FHA job in the Trump administration...
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Loan Officer Compensation: 45 Percent of Firms Pay 76 to 150 BP

December 13, 2016
Paul Muolo
However, some nonbank executives feel that with originations expected to decline in 2017, it may time to cut back on compensation paid to LOs.
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Candidates for FHA Commissioner: Homebuilder Ed Brady and HFSC GC Clinton Jones

December 13, 2016
Paul Muolo
The FHA commissioner in the Trump White House will have final say on the key issue of adjusting FHA premiums and loan sizes, and likely would have input on GSE reform.
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Short Takes: Ginnie Mae Finally Releases ‘New and Improved’ Acknowledgement Agreement / Why the AA is So Important / GSEs Issue Holiday Moratorium on Evictions / MIAC Hires Industry Vet Mike Bugbee

December 13, 2016
Carisa Chappell and Paul Muolo
Financiers hope the new AA will increase liquidity for nonbanks that play in the Ginnie market…
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As Rates Continue to Rise, $20 Billion of MSRs About to Hit the Market, At Least

December 12, 2016
Paul Muolo
One market watcher said two other mortgage servicing rights packages totaling $10 billion are ready for bid.
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Ally Bank Unveils ‘Direct-to-Consumer’ Mortgage Launch

December 12, 2016
Paul Muolo
With refis drying up, Ally is ready to launch a direct-to-consumer mortgage effort…
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Short Takes: The 10-Year Gets Ugly / Losing Refi Customers / Maybe Mortgage Bankers Should Revisit Their Volume Estimates for 2017 / Angelo Mozilo, a Good Pick for HUD Secretary? / FGMC Hires Former BofA Executive

December 12, 2016
Brandon Ivey and Paul Muolo
JPMorgan Chase readies its fifth jumbo MBS deal of the year...
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Mortgage Stocks Take Part in the ‘Trump Rally’

December 9, 2016
Paul Muolo
Late this week, Nationstar’s common was selling for $19.17 a share, just pennies below its yearly high. PennyMac Financial topped its high for the year.
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What We’re Hearing: Time to Merge HUD and the FHFA? / Short Covering Behind GSE Stock Spike? / The Quandary Over GSE CRT Deals / 387 Days Before Fannie and Freddie Run Out of Capital / New Hires for Tech Vendor

December 9, 2016
Paul Muolo
In case you’re not keeping tally, there are roughly 387 calendar days remaining before the “capital buffer” at Fannie and Freddie falls to zero on Jan. 1, 2018.
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Since the Election, Rates Have Risen 75 Basis Points but Lenders Aren’t Panicking – Yet

December 8, 2016
Paul Muolo
Then there’s the case of Bill Dallas, the industry veteran who runs Skyline Home Loans in Calabasas, CA. “Winter is coming,” he said in a brief email exchange with Inside Mortgage Finance.
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