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Home » Authors » Paul Muolo

Articles by Paul Muolo

Two Harbors Dumps Ginnie Mae Servicing Portfolio

November 8, 2016
Paul Muolo
Two Harbors invests in a variety of mortgage assets including MBS, whole loans, MSRs and commercial mortgages.
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Short Takes: Negative Feelings on GSE Reform / Zero Capital is Not An Issue / GSE Subcommittee Chairman Garrett May be Vulnerable / Jumbo MBS Execution Improves / Stonegate Hires Ex-US Bank Official

November 8, 2016
Brandon Ivey and Paul Muolo
And roughly 24 percent of IMFnews viewers believe that reform of Fannie Mae and Freddie Mac likely won’t happen in their lifetime…
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PHH Shocker: Nonbank Will Exit the PLS Business; Agrees to Sell Ginnie MSRs to Lakeview; Posts $27 Million Loss for 3Q16

November 8, 2016
Paul Muolo
CEO Messina added: “We are continuing to evaluate possible additional sales of our remaining MSR portfolio and to evaluate the best course of action for our real estate and servicing platforms, which we expect to complete by the end of January 2017.”
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As the Holidays Approach, Mortgage Bankers Still Hiring ‘Like Crazy’?

November 7, 2016
Paul Muolo
“We’re still hiring a lot,” said United Wholesale CEO Mat Ishbia.
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Phoenix Selling Almost $400 Million of GSE Servicing Rights

November 7, 2016
Paul Muolo
The MSRs that Phoenix is trying to sell have a 30-day delinquency rate of 0.2 percent with no foreclosures.
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Short Takes: A Decent Quarter for Stonegate? / A Move Toward TPO / FGMC Seeks LOs for Goodmortgage.com / Garrett’s Role in HomeBridge Deal / Freddie Prepares New HLS

November 7, 2016
Brandon Ivey and Paul Muolo
Not too long ago, Stonegate Mortgage began deemphasizing retail in favor of correspondent and wholesale...
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The Key to the New Fannie/SoFi Cash-out Refi: Cutting the G-Fee

November 4, 2016
Paul Muolo
Early next year, Fannie Mae will open up the program to other seller/servicers…
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What We’re Hearing: Mortgage AEs Make How Much? / And is that Too Much? / Ocwen Bets its Future on Automation to Produce Loans / CEO Faris Says Ocwen is Not in Run-Off Mode / Skyline is Hiring / Trump’s Treasury Secretary and the GSEs?

November 4, 2016
Paul Muolo
Are mortgage account executives overpaid?
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Earnings Keep Getting Better for the GSEs: Fannie Posts $3.2 Billion Profit for 3Q16

November 3, 2016
Carisa Chappell and Paul Muolo
Fannie Mae CEO Tim Maypoulos told the press Thursday morning that he expects the GSE to remain profitable “for the foreseeable future.”
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Short Takes: More Mortgage M&A on the Way? / The ‘Amazing’ Performance of the GSEs / Caliber’s Strong Growth / More on Ocwen / Candidates for the HUD Job

November 3, 2016
Paul Muolo
In the past, Caliber Home Loans has been mentioned as a possible buyer of other firms...
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