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Home » Authors » Paul Muolo

Articles by Paul Muolo

Short Takes: Even Under Trump, the CFPB May Be Invincible / Five Years of Abuses? / Warehouse Money Available for Non-QM? / The Wild, Wild West / PIMCO-Owned Lender Hires Ex-BOK Official

September 15, 2016
Brandon Ivey and Paul Muolo
Warehouse money is available from commercial banks for nonprime home mortgages, but...
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Signing Bonuses for Mortgage Underwriters? Good MUs Can Earn $135,000 a Year

September 14, 2016
Paul Muolo
One mortgage branch manager described the underwriter shortage as a “big time” problem.
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A Key Concern at Ginnie Mae: Nonbanks with Too Much Net Worth Tied Up in MSRs

September 14, 2016
Paul Muolo
Too many nonbanks have their net worth tied up in servicing rights. And that’s a problem…
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Short Takes: The CFPB Ready to Slam a Mortgage Lender? / Are Many MSA Agreements Left? / Ocwen a ‘Buy’? Is That Possible? / FHFA Readies Consumer Survey / Pickel Starts a New Job

September 14, 2016
Carisa Chappell and Paul Muolo
Ocwen gets an upgrade, but there are doubters...
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Warehouse Commitments Inched Up in 2Q16, But Usage Rates Spiked

September 13, 2016
Paul Muolo
At Santander Bank, commitments improved by 2.1 percent to $2.4 billion while outstandings jumped 33.3 percent to $1.6 billion.
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Prestwick Flow Deal Could Yield $480 Million in Servicing Rights

September 13, 2016
Paul Muolo
“Are there bargain hunters out there?” asked one servicing executive. “To some extent, yes.”
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Short Takes: Does Anyone Recall What Happened on Sept. 6, 2008? / The Second Coming of the GSEs / Well, At Least Bernie is Happy / Former GSE Exec Maloni Puts it in Perspective / Is $5,000 a Fair Price for Foreclosure Legal Work?

September 13, 2016
Paul Muolo
The GSE conundrum in perspective: "The mortgage finance system is working so consumers are somnambulant; media occasionally write about it, but don’t get fired up; courts don’t seem to be upset over unprecedented Treasury bullying and revenue abuse..."
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Garrett, McAuley Advised on Three Recent M&A Deals. As for the Names…

September 12, 2016
Paul Muolo
Meanwhile, many mortgage companies that specialize in production are posting strong profits…
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Feeling Quite Optimistic About Originations: 91 Percent Say 2H Will Be Better Than 1H

September 12, 2016
Paul Muolo
Thank you 'Brexit:' Some analysts now believe the industry will surpass 2015’s origination total of $1.735 trillion.
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Short Takes: GSE Plaintiff Perry Capital Does Some Serious Shrinking / Tony Renzi’s First Day at Ditech / Hacking Might be an Issue / A New Hire For Auction.com

September 12, 2016
George Brooks and Paul Muolo
It's hard out there for a hedge fund (suing the government regarding the GSEs)...
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