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Home » Authors » Paul Muolo

Articles by Paul Muolo

Short Takes: FHFA’s Watt Finally Answers the Big Dogs / Mortgage Layoffs at Bank of America / UWM Rolls Out 1 Percent Down Option / Housing Finance an Issue in Donald v. Hillary?

July 13, 2016
Macie Jones and Paul Muolo
With the presidential election underway, many Americans are beginning to analyze and critique the candidate’s various policies – including their views on housing and finance.
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Loan Broker Employment Highest in Almost Eight Years

July 12, 2016
Paul Muolo
The only major bank to rank among the top five table funders in 1Q16 was U.S. Bancorp with a 4.1 percent market share.
Read More

SoFi Contemplating a Jumbo MBS Deal?

July 12, 2016
Paul Muolo
To date, SoFi has talked little about its mortgage business…
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Short Takes: Mortgage Bankers Cut Jobs / OCC Expresses Anxiety over Commercial Banks and TRID / CRE Worries Too / Freddie Expands Re-performing Loan Effort / BB&T Promotes Campbell

July 12, 2016
Carisa Chappell and Paul Muolo
Although commercial banks are making money hand-over-first these days, that doesn’t mean national bank regulators shouldn’t worry.
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Six Senators, Including Corker and Warner, Advise FHFA’s Watt Against ‘Release’ of the GSEs

July 11, 2016
Carisa Chappell and Paul Muolo
Recently, several trade groups and community organizations have called on Watt to allow Fannie and Freddie to rebuild their capital buffers ...
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Moody’s Will Review PHH for Loss of Other Private-Label Customers as Well

July 11, 2016
Paul Muolo
“Given the review for possible downgrade, it is unlikely that the company’s ratings will be upgraded,” said Moody’s.
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Short Takes: PHH’s Loss is Fifth Third’s Gain / Changes Coming to the Ginnie Mae ‘Acknowledgement’ Agreement? / Bank Foreclosures Plunge / Mortgage Crime on the Jersey Shore / New Hire for Valuation Partners

July 11, 2016
Paul Muolo
Former New Jersey politician John Leadbeater worked out a plea arrangement with prosecutors.
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FHFA Issues Update on Common MBS and Platform; Project Appears to be On Track but ‘Key Achievements’ May Change

July 8, 2016
Paul Muolo
The eventual goal of the project is to have the GSEs issue fully interchangeable securities.
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What We’re Hearing: What’s $465 Billion Among Friends? / How Much More Business will Wells Fargo and JPM Cede to the Nonbanks? / Ocwen, Ocwen, Ocwen / Will the FHFA Hold a ‘Liquidity Summit’ on Nonbanks Too? / Higher GSE Capital Minimums?

July 8, 2016
Paul Muolo
Recently, rumors were making the rounds in Washington that Fannie and Freddie might be pondering an increase in their net worth minimums for seller/servicers...
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Mortgage Company Parent Firm J.G. Wentworth Being Delisted by the NYSE

July 7, 2016
Paul Muolo
In general, this is not a pretty time for mortgage-related stocks, even though interest rates are at an all-time low.
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