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Home » Authors » Paul Muolo

Articles by Paul Muolo

As Rates Rise, MSR Values Firm Up. What’s Next for Prices?

July 14, 2015
Paul Muolo
With the second quarter having just ended, several large flow and bulk MSR transactions are in the works...
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Short Takes: Wells’ Appetite for Nonconforming Mortgages Rises / Someone Who Didn’t Rat Out the Neighbor on a Foreclosure / Locating Delinquent Borrowers on Facebook / How Much in Senior Home Equity? / A New Hire for LenderLive

July 14, 2015
Paul Muolo, Brandon Ivey, and Sherry Muolo
A few years back, one investor in nonperforming loans told us that when he couldn’t find a delinquent borrower he turned to the Internet, namely Facebook...
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Servicing Analytics Firm MIAC Launches Broker-Dealer, More Growth Ahead?

July 13, 2015
Paul Muolo
MIAC also sells mortgage servicing portfolios, though that’s considered to be a small part of their business.
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And Yet Another Executive Departure at Nationstar: The Originations Chief

July 13, 2015
Paul Muolo
The recent departures at Nationstar began in May when the company revealed that Executive Vice President and Chief Strategy Officer David Hisey would leave the lender/servicer in mid-June.
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Short Takes: Putnam Invests in Altisource Asset Management / The Yield on the 10-Year Rises / A Correction for Home Values in Texas and ND? / Jumbo Standards Get Tighter / Former Fannie Executive Joins Hamilton

July 13, 2015
Paul Muolo, Brandon Ivey, and Sherry Muolo
Housing markets in North Dakota and Texas are looking a bit risky these days, according to the Arch MI Risk Index model.
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What We’re Hearing: A Bullish Sign for Mortgage Banking: PIMCO and Blackstone / Paying Up on Servicing-Released Premiums / Another Executive Departure at Nationstar / NSM Insider Sells Shares / Former NFL Player Builds $8B a Year Originator

July 10, 2015
Paul Muolo
FUN FACT: PIMCO owns almost 12 percent of PHH Corp., the parent of the nation's ninth largest residential servicer.
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Prestwick Selling Another $1B-Plus MSR Package; High Delinquencies Though

July 9, 2015
Paul Muolo
The underlying collateral is located in all 50 states, but Texas accounts for the largest count of loans at 1,220.
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More Woes for Walter Investment: A Downgrade and Questions About Future MSR Acquisitions

July 9, 2015
Paul Muolo
In a new research note, Sterne Agee analyst Henry Coffey also voices anxiety about the fact that almost 55 percent of Walter’s stock is controlled by three investor groups.
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Short Takes: Mortgage M&A Deal About to Happen? / SRPs Holding Up / JPMorgan Almost Done with Loss Mitigation Obligations / Refi Applications Worrisome / Auction.com Hires Former Altisource Official

July 9, 2015
Paul Muolo, Brandon Ivey, and Sherry Muolo
We’re told a sale contract could be signed any day now, but as far as a public announcement is concerned, it may not happen right away…
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Forget Greece. China’s Woes Could Shape Mortgage Rates, MBS Prices

July 9, 2015
Paul Muolo
“The Greek crisis already has taken a toll on MBS and still poses a sizeable risk to performance,” according to a new report from Deutsche Bank Securities.
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