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Home » Authors » Paul Muolo

Articles by Paul Muolo

FHFA GSE Scorecard for 2016: A Lot More Credit Risk Transfers, Looser Underwriting, More…

December 17, 2015
Paul Muolo
The FHFA also is promising to evaluate GSE underwriting criteria to improve access to single-family credit...
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Short Takes: Comments Being Taken on Front-End Risk Sharing / FHFA Contemplates MIs Once Again / Will Stock Buyback Help Nationstar? / The Fed Hikes Rates and Mortgage Bankers Yawn / Apps Up

December 17, 2015
Brandon Ivey, Paul Muolo, and Sherry Muolo
The Fed hiked rates. So what! It was already built into current pricing...
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Just 23 Percent of Mortgage Professionals Vote for an FHA Premium Cut

December 16, 2015
Paul Muolo
The IMF poll also found that some in the industry believe the MMIF minimum capital ratio should be raised to 4 percent...
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More Tales of TRID Implementation Disasters: Law Firm Asks for the ‘HUD-1’ Form

December 16, 2015
Paul Muolo
One trade group rep noted that “anyone telling you” the TRID transition process “is somewhat smooth, is full of it.”
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Short Takes: Angel Oak Nonprime MBS a Done Deal / GSE ‘Jump Start’ Moves Along / Time to End the GSE Profit Sweep? / MBA Continues to Stump for ‘Transitional’ LO License / Sage Bank Settles Lending Discrimination Charges / New Hires for Ranieri

December 16, 2015
Paul Muolo and Thomas Ressler
The CHLA is renewing its call for Treasury and the FHFA to amend the preferred stock purchase agreements once again, allowing the GSEs to build capital...
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Want to Fight a HUD-DOJ FCA Case? Better Have $20 Million for the Attorneys

December 15, 2015
Paul Muolo
“My lenders are keenly aware of meeting their FHA responsibilities,” Corso said in an interview with Inside Mortgage Finance…
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Ally Back in Mortgages but Don’t Expect it to Keep MSRs or Securitize

December 15, 2015
Paul Muolo
Make no mistake about it, Ally – whose financing roots can be traced to General Motors – has no visions of grandeur in residential finance.
Read More

MBA Chief Sees Aggregators Kicking Back Problem TRID Loans to Lenders

December 15, 2015
Paul Muolo
Private rights of action are not covered by the CFPB good faith language on TRID...
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FHFA Seeks Comments on Expanding GSE Role in Manufactured Housing Loans, More…

December 15, 2015
Carisa Chappell and Paul Muolo
In the past, the duty to serve rule has received a great deal of attention from manufactured housing executives who argue the GSEs are not purchasing enough of their loans.
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Short Takes: New Employment Contracts for PennyMac Executives / Short Life, Fast Growth / Struggling Mortgage REIT Javelin Cuts Expenses / Fewer Houses Take a Swim / New Hires for loanDepot Affiliate

December 15, 2015
Brandon Ivey, Paul Muolo, and Sherry Muolo
By the way, 10 years ago, PennyMac didn’t even exist. Today, it ranks sixth among all residential lenders and 11th among servicers...
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