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Home » Authors » Paul Muolo

Articles by Paul Muolo

Nonbank Lender loanDepot Rolls Out a Suite of Second Lien Products

August 10, 2015
Paul Muolo
In general, most nonbanks exited the second lien arena in the wake of the financial crisis.
Read More

Altisource Asset Posts Earnings Improvement, but Revenue Declines; Stock Clocked

August 10, 2015
Paul Muolo
In trading Monday, investors were not treating AAMC’s stock kindly.
Read More

Short Takes: Will Other Nonbanks Follow loanDepot on HELOCs? / A Threat to the MI Industry? / Auction.com Updates Forecast / BofA and Its ‘Goodwill’ / Altisource Makes it Official on Willison

August 10, 2015
Paul Muolo
Will the industry see a flood of nonbanks into the second lien market?
Read More

CFPB Throws Down the Gauntlet on Marketing Service Agreements; Home Builders a Target?

August 7, 2015
Paul Muolo
Brian O’Reilly, president of The Collingwood Group, believes the CFPB is out of control with its regulatory crackdown...
Read More

Mortgage Bankers and Brokers Continue to Hire, 1400 Positions Added

August 7, 2015
Paul Muolo
Servicing employment has been under pressure the past few years as loan processors such as Ocwen Financial, Nationstar Mortgage and others move to offshore as many back office workers as possible.
Read More

What We’re Hearing: Is PHH the Next Ocwen? / A Marketing Service Agreement Problem? / Time to Buy Beat-Down Mortgage Stocks? / Another Tech Bubble? / BofA Selling NPLs and RPLs / Realtors Optimistic but Concerned Too

August 7, 2015
Paul Muolo
Meanwhile, PHH may be facing exposure on a front that investors had no clue about until recently: marketing service agreements...
Read More

Short Takes: Stand by Your PHH / The New (Regulatory) Norm for the Mortgage Industry / MPF Jumbo a Dud? / Commercial Production on the Rise / A New Guardian for Guardian

August 6, 2015
Brandon Ivey, Paul Muolo, and Sherry Muolo
Is now a time to buy into PHH?
Read More

Fannie Mae Posts Net Profit of $4.6 Billion; CEO Predicts Less Credit Overlays

August 6, 2015
Carisa Chappell and Paul Muolo
Thanks to second quarter profits posted by Fannie Mae and Freddie Mac, the Treasury Department will be richer by $8.3 billion...
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PHH Posts $62 Million Loss; Stock in a Free Fall; PLS Client Walks

August 6, 2015
Paul Muolo
PHH would not name the private label client that did not renew.
Read More

WJB and RPM Mortgage Settle Suit Over Alleged Theft of Customer Data

August 5, 2015
Paul Muolo
The case caught the attention of many loan officers and managers because it centered around the basic issue of what type of client information an LO can take with them when they depart one organization for another.
Read More
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