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Home » Authors » Paul Muolo

Articles by Paul Muolo

Short Takes: The Industry Strikes Back / Breach of Contract, Not Fraud / A Wingspan Candidate? / BKFS: A 10-Year Low in Foreclosure Starts / PHH Home Hires Former Bank Executive

May 24, 2016
Paul Muolo
Bad news for specialty servicers: Black Knight Financial Services said 58,700 foreclosures were started during April, the lowest reading in 10 years...
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CFPB Experts: Chances of Being Examined Rest in Complaint Portal, Data

May 23, 2016
Paul Muolo
Nonbanks primarily need to worry about being examined for lending, but the CFPB has its ears open to servicing complaints as well…
Read More

IMA, MIAC Out with New Servicing Deals

May 23, 2016
Paul Muolo
With rates holding steady the past two weeks, more servicing auctions could come to market…
Read More

Short Takes: So Much for the Quiet on TRID Complaints / Mortgage Lenders Lean Toward Trump? / The Last Squeezing of the HARP Grapes / Former Wells Exec Joins Fannie Mae Board

May 23, 2016
Paul Muolo
So, who will mortgage professionals vote for come the fall election? Trump or Clinton?
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What We’re Hearing: Let the TRID-Compliance Games Begin! / The Central Nervous System = CMS / And Don’t Forget a Parking Space for the CFPB! / JPM Now the Jumbo King / A New MSR Deal From IMA / Where Would the GSEs Be Without Their Legal Recoveries?

May 20, 2016
Paul Muolo
Helpful CFPB mortgage audit tip: Set aside a parking space for the visiting CFPB examiner(s) that says, “Welcome, CFPB…”
Read More

Servicing Auctions Gather Steam, But Concerns Remain About MSR ‘Marks’

May 19, 2016
Paul Muolo
MorVest's David Fleig predicted that nonbanks – which have been gaining market share the past two years – eventually will move to convert some of their MSR assets into cash via bulk sales.
Read More

13th Largest Originator Caliber in an Acquisition Mode? Agrees to Buy First Priority

May 19, 2016
Paul Muolo
Will Caliber buy other companies as well?
Read More

Short Takes: Guild the Latest Lender to Get Smacked Under the False Claims Act / Major Changes Coming to the Reverse Market? / Impac Executives May be in for a Stock Treat / UI Names CoreLogic Veteran Co-Director

May 19, 2016
George Brooks, Brandon Ivey, and Paul Muolo
Another week, and another lender sued by DOJ...
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Is ‘Zero Capital’ for the GSEs Really a Non-Issue?

May 18, 2016
Paul Muolo
When Freddie recently unveiled a first-quarter loss due to hedges affected by falling interest rates, MBA chief Dave Stevens issued a statement once again calling for Congress to enact housing-finance reform, but said nothing about the issue of zero capital.
Read More

Industry Doubts Trump’s Proclamation on Dismantling of Dodd-Frank Act

May 18, 2016
Paul Muolo
DFA also created the Consumer Financial Protection Bureau, an agency that seems almost universally loathed by the mortgage industry.
Read More
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