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Home » Authors » Paul Muolo

Articles by Paul Muolo

FHFA Chief Mel Watt: Final Rule on FHLB Membership (Captives) Could Happen by Yearend

October 19, 2015
Paul Muolo
A lawyer by trade, Watt noted: “Unfortunately, legal constraints prevent me from saying much about this because we are in the period between the end of the comment period and the time we issue the final rule.”
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It’s Fall and Mortgage Hiring is Mostly Flat

October 16, 2015
Paul Muolo
Servicing workers, in particular, feel like they have a target on their backs, thanks to outsourcing and other factors...
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What We’re Hearing: Stonegate’s National Sales Manager Fred Bolstad Departs / MBA Convention Opens in San Diego / Fannie Mae Execs Make Themselves Available / Maybe the Next Convention Will be Held in India / CEOs Open to Offers? / Mr. Cooper, Really?

October 16, 2015
Paul Muolo
A spokesman for Stonegate Mortgage confirmed that Bolstad is no longer with the lender/servicer, but had little else to say on the matter.
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The Collingwood Group Enters the Mortgage M&A Game

October 15, 2015
Paul Muolo
The new Collingwood unit, however, will not be involved in the sale of mortgage servicing rights.
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Mortgage Insurers Fear an FHFA Crackdown on their Use of Reinsurance

October 15, 2015
Paul Muolo
“The FHFA is trying to solve every possible problem that might come up,” said one mortgage insurance executive.
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Short Takes: So, What’s BofA’s Next Move? / Who is Tom Ferry? / Former NFL Player Sticks with MSAs / Walter Gets a Better Grade / CFPB Issues New HMDA Rule / FGMC Hires SunTrust Mortgage Chief

October 15, 2015
Paul Muolo and Brandon Ivey
Bank of America isn't severing all its ties to realtors...
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Stonegate’s Mortgage Branches Hunting for a Better Deal Elsewhere?

October 14, 2015
Paul Muolo
Sources have identified Caliber Home Loans and Skyline Lending as possible acquirers of branches.
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Residential Production Down 11 Percent at Wells Fargo, 14 Percent at BofA

October 14, 2015
Paul Muolo
In 3Q, BofA funded $13.71 billion of first liens, a 14 percent sequential decline. All of it came through the retail channel.
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A Trend Continues: Bank of America Pulls the Plug on All Marketing Services Agreements

October 14, 2015
Paul Muolo
Bank of America said it will discontinue all “space rental agreement programs due to recent regulatory developments.”
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Short Takes: An Update on GSE Principal Reductions? / FCI Teams Up with Blackrock on SFRs / Ditech in ABS Deal / RealtyMogul.com Hits a Milestone / Just in Time for Halloween: Fewer ‘Zombie’ Foreclosures

October 14, 2015
Paul Muolo and Brandon Ivey
According to a rate sheet, the minimum loan amount on the rental properties is $250,000 while the minimum number of properties is five...
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