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Home » Authors » Paul Muolo

Articles by Paul Muolo

IMA Sitting on $20 Billion of Deals, Hopes to Move Forward Shortly

September 10, 2015
Paul Muolo
Although the bulk market has faced headwinds in recent weeks, the “flow” servicing market has been “robust,” Piercy said.
Read More

Short Takes: DOJ About to Get Tough on Wall Street Mortgage Criminals? / Prove It / Jack Kattan’s Role in the Angel Oak Deal / KWR Seeks Mortgage CEO / Fay Hires Fannie Mae Consultant

September 10, 2015
Paul Muolo
Many left-leaning politicians have complained that Wall Street executives got off the hook for the financial crisis...
Read More

The Good Times Keep Coming for Warehouse Lenders, But…

September 9, 2015
Paul Muolo
Warehouse executives seem optimistic about the immediate outlook for the sector, though some expressed concern how a wave of M&A activity has reduced the number of potential clients.
Read More

‘Well Capitalized’ Seller Looks to Unload Almost $4B in GNMA Servicing

September 9, 2015
Paul Muolo
UST did not identify the mortgage firm selling the product, but described it as “well capitalized” and in “good standing” with Ginnie Mae.
Read More

Short Takes: BlackRock Bailing on PHH? / New Stonegate Prez Gets Shares / Coester Takes on State RE Board / Plaza Home Gets to 50 / Walter Settles Reverse Allegations / DocMagic Hires Former Prospect Mortgage Executive

September 9, 2015
Paul Muolo
Coester filed suit against the Virginia Real Estate Appraiser Board, charging that the regulator is engaged in “a conspiracy to restrain and monopolize trade” and is operating in violation of antitrust laws.
Read More

Angel Oak Readies $150 Million ‘Nonprime’ MBS

September 8, 2015
Paul Muolo
Is the subprime MBS market ready for a revival, at least a small one?
Read More

Nation’s Second-Largest Wholesaler UWM Continues Hiring Spree

September 8, 2015
Paul Muolo
Company CEO Mat Ishbia noted that the privately held company plans to continue a “strong pace” of hiring at the beginning of 2016.
Read More

The Future of the MI Industry: More of the Same (Unchanged)

September 8, 2015
Paul Muolo
However, insuring private-label MBS is not likely to be a future activity of the MI industry, given the losses suffered in the past...
Read More

Short Takes: Collingwood Hires Freddie Single-Family Chief / New Penn is Just ‘Average,’ Says Moody’s / Fannie’s New Index / Black Knight: Home Equity Up $1 Trillion / Promotions at Fidelity

September 8, 2015
Carisa Chappell, Brandon Ivey, and Paul Muolo
Collingwood's latest hire is Paul Mullins, former senior vice president of single-family lending for Freddie Mac.
Read More

More Changes at Nation’s Largest Originator: Wells Fargo Names DeVito Head of Production

September 4, 2015
Paul Muolo
Besides being in charge of retail and correspondent lending, DeVito will oversee sales, operations, quality control, compliance, underwriting and support services.
Read More
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