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Home » Authors » Paul Muolo

Articles by Paul Muolo

Incenter Offering $1.4 Billion of Fannie, Freddie Servicing Rights

May 27, 2016
Paul Muolo
The Texas portion of the receivables has been measured at 60.5 percent with Colorado a distant second at 13.6 percent.
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What We’re Hearing: Did Wells Hit A Mortgage Home Run? Time Will Tell / A Media Coverage Coup / The BofA-NACA-Pinto Project, A Status Report / Why Jumbo MBS Issuance Won’t Return Anytime Soon / Publishing Note

May 27, 2016
Paul Muolo
Let's face it: most banks are just chicken to hold mortgages in portfolio unless they're jumbos...
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Short Takes: How About a 37.5 BP GSE Servicing Fee? / Jumbo Lenders Await President Obama, Maybe / Nonbank Dumps MSRs? / PHH Inks New Severance Deal for Top Execs / Retirement at BB&T

May 26, 2016
Paul Muolo
How would you like to be the servicer of a mortgage made to Barack Obama?
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Wells Fargo Launches ‘Proprietary’ High LTV GSE Loan. But Can it Amass Volume?

May 26, 2016
Paul Muolo
The HLTV loans will be sold to Fannie Mae mostly, but Freddie Mac will play a role as well...
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Senior HUD Official Golding Confirms That Downpayment Assistance Loans are Legal

May 26, 2016
Paul Muolo
The Golding memo signals that HUD and the IG have reached a meeting of minds on the issue.
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Call Center Platforms are Coveted – But Are They Worth It?

May 25, 2016
Paul Muolo
But industry advisors fear the value of call centers can be quite volatile, depending on movements in interest rates.
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FHFA’s Watt Happy with FHLB Profits, but Worries About ‘Non-Core’ Assets, Insurers

May 25, 2016
Paul Muolo
Litigation settlements, of course, have played a role in the resurgence in profits at Fannie Mae and Freddie Mac, though the legal gravy train is just about over for those two.
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Short Takes: Donald, the Housing Bubble and Tim / Yahoo and Quicken? / Duff Report Puts Ocwen in the Clear / SCOTUS Unlikely to Take Marketplace Case / Vendor Update: Chronos

May 25, 2016
Brandon Ivey and Paul Muolo
The housing bubble did in fact burst and I don’t recall Trump making any money off of it unless he did so through private investments that none of us know about...
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Lenders Anxious About Ongoing HUD IG Audit of Downpayment Assistance…

May 24, 2016
Paul Muolo
National Council of State Housing Agencies Executive Director Barbara Thompson said the group is awaiting what she calls a “positive resolution of the issue.”
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A Week After Unveiling $300 Million Debt Offering, PennyMac Delays the Deal

May 24, 2016
Paul Muolo
According to figures compiled by Inside Mortgage Finance, PMFS is the nation’s sixth largest residential originator, and 11th largest servicer.
Read More
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